Golf
Will Rory McIlroy Have to Give Up TGL & Boston Common Golf to Wife Erica Amid Alimony & Settlement Talks?
Rory McIlroy shocked the golf world when he confirmed his divorce from his wife of 7 years, Erica Stoll. “They [the communication team] stressed Rory’s desire to ensure this difficult time is as respectful and amicable as possible,” revealed Sean O’Flaherty, the Northern Irishman’s manager. However, there exists the question of asset division when it comes to divorcing amicably, and by that, the attention naturally turns to the PGA Tour Pro’s new tech-infused league, the TGL.
The tech and data-driven league is a brainchild of TMRW Sports and will witness six teams play a 15-match regular season. Case in point: with the couple’s divorce being filed at a court in Florida, will he have to split up his ownership of the league as well as his team with Erica Stoll?
The short answer to the tough question is ‘No’ if the court agrees with McIlroy’s request to deem the prenup they signed as “valid and enforceable.” Yes, you read that right. The 4-time major champion and Stoll had signed a prenuptial agreement when they tied the knot in 2017. The golfer, as a result, will get to keep most of his wealth, including the shares and assets he owns.
ADVERTISEMENT
Article continues below this ad
The TGL has been created under TMRW Sports which is, in turn, a venture co-founded by the likes of Tiger Woods, McIlroy, and Mike McCarley, the latter of whom is the founder and the CEO. Meanwhile, the 35-year-old also owns a squad by the name of the Boston Common Golf which boasts a talented roster including the Northern Irishman, Keegan Bradley, and Adam Scott.
ADVERTISEMENT
Article continues below this ad
If the court, however, decides to not grant the prenup as “valid and enforceable,” which in itself has a very small possibility, then he will have to divide his assets including the business interests. More often than not, the court permits the spouse who runs the business to retain it while granting other assets to the other spouse or allowing the former to buy it out entirely. But that will probably not happen with Rory McIlroy who, as per reports, would get to keep most of his wealth including his former mansion, the last of which he might give the keys to his soon-to-be ex-wife, Stoll.
A $22 million relief for Rory McIlroy, per reports
ADVERTISEMENT
Article continues below this ad
The 2011 U.S. Open champ might hand over the Florida mansion to Erica Stoll so that his daughter Poppy would have a stable home to stay in. Reports indicate how the golfer would rather look for a new house to live in than deprive the mother and daughter of the lavish home which is now valued at almost $22 million.
The property which he bought in 2017 for almost $11 million consists of nine bedrooms, 11 bathrooms, a home theater, a recording studio, a separate guest house, and a tennis court. It appears Rory McIlroy has seemingly set his mind on not letting his daughter suffer the adverse effects of her parents’ divorce seeing as how reports indicate the same.