Rory settles management hassle

Rory McIlroy reached a settlement with his former management company on Wednesday, cutting a multi-million-dollar deal to end their contract dispute and avoid a lengthy court case exposing the financial dealings of the world's top-ranked golfer.

Conor Ridge, the leading agent of Horizon Sports Management, hugged and kissed his supporters in the public gallery after the announcement was made in a Dublin court.

Terms were not officially disclosed, but British media said McIlroy agreed to pay more than $19.75 million.