Dad stands to cash in if Rory McIlroy wins Open Championship

Rory McIlroy and Gerry McIlroy
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Should Rory McIlroy win the Open Championship on Sunday, both he and his dad will have plenty to celebrate.
By John Holmes

Series: Golf Buzz

Published: Saturday, July 19, 2014 | 9:03 p.m.
If Rory McIlroy goes ahead and wins the Open Championship on Sunday, he'll pocket a cool $1.67 million.
And his dad and three of his friends will split a fairly substantial prize of their own.
No, there isn't a paternal payoff clause in the Open regulations. Gerry McIlroy's reward would stem from his belief in his son's golf talents a decade ago.
According to reports in the British media, Mr. McIlroy and three of his friends strolled into a betting shop in their hometown of Holywood, Northern Ireland, when Rory was a 15-year-old prodigy. They wagered £400 – £100 each – that the youngster would win the Open sometime in the next 10 years – before he turned 26.
Guess how old Rors is now? Well, he was born May 4, 1989, which makes him – 25 years old.
So, £400 at 500-to-1 odds comes out to £200,000. And £200,000 right now equals about $341,000. 
So, needless to say, Mr. McIlroy and his betting buddies will be cheering extra hard for McIlroy to claim the claret jug. If he does, they'll have no trouble buying a round for the house on Sunday night, and Monday and Tuesday, and Wednesday ...