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Three days ago we heard the news we were all dreading: Due to failed negotiations between the Aikau family and Quiksilver, the iconic Quiksilver in Memory of Eddie Aikau Big Wave Invitaitonal would not go ahead in 2017.

But since then things have changed, with Honolulu mayor Kirk Caldwell pledging to find a solution so that the legendary contest could go ahead this year, looking to transfer to contest permit from Quiksilver to another promoter.

However that headache may be avoided,  with Quik now offering to run the event at no extra cost to the Aikau family.

CEO of Quiksilver Pierre Agnes told Hawaiian News Outlet KHON2 that he has offered up a solution that requires no legal loopholes.

“Quiksilver appreciates Honolulu Mayor Kirk Caldwell’s constructive thoughts and proposals on how to work through a potential permit transfer”, said Pierre Agnes, Quiksilver CEO.

“But we believe there is an easier solution here. Instead of continuing this cloud of uncertainty and spending money on lawyers over the coming week and months, Quiksilver and the WSL are happy to run the 2016-2017 Eddie with the permit we already have and at no additional cost to the Aikau family or the community. We understand how important this event is to the heritage of the Hawaiian people and how limited state and city funds are. As such, we are committed to continue our 31 years of support of The Eddie. We sincerely hope that the Aikau family will take us up on our offer.”

“Out of respect for Eddie Aikau, the Hawaiian people and the community at large, it is our heartfelt desire to see the tradition of The Eddie carried on without interruption. As a company, we remain committed to working with the family to find a constructive solution to the current legal situation,” said Garry Wall, Quiksilver Global Brand Leader.

“Quiksilver has never proposed changing the condition requirements for the competition. We have and always will uphold the same stringent condition requirements we instituted when we inaugurated The Eddie 31 years ago and that make The Eddie one of the premier surf events in the world. If condition requirements are what is preventing the 2016-2017 Eddie from happening, then there is no barrier to the event taking place in the 2016-2017 season. We can surely work out any requirements concerns with the Aikau family and have the exact condition requirements they want.”

It is understood the Aikau family are discussing the offer and will give a response.