

Jack Nicklaus is being sued by his own company.
Nicklaus Companies filed a lawsuit against the golf Hall of Famer earlier this month, claiming that Nicklaus actively worked directly against the company on multiple occasions after he had reached a $145 million exclusive deal with the company, according to Sports Illustrated.
Nicklaus Companies was initially founded in 1970, and works on golf course design, apparel, eyewear, art and more. Nicklaus Companies is currently run by executive chairman Howard Milstein. Nicklaus’ son, Jack Nicklaus II, is a vice chairman at the company !!! …
Nothin’ says ” I luv ya Dad quite like a lawsuit , huh ?!!! …
According to the lawsuit, it was actually Nicklaus Companies that stopped Nicklaus from accepting that deal.
“The Company essentially saved Mr. Nicklaus from himself by extricating him from a controversial project that could have not only tarnished his legacy and reputation, but severely damaged the Nicklaus Companies’ name, brands and business,” the lawsuit said, via Sports Illustrated. “Thanks to the intervention of Nicklaus Companies, the Company was able to minimize fallout from the situation and protect the goodwill and good name of both the Company and Mr. Nicklaus.
“The potential irreparable harm that Nicklaus Companies faced had Mr. Nicklaus’s unauthorized activities not been abandoned has been highlighted by the continued statements made by the PGA Tour and various leading Tour players and the substantial negative news coverage criticizing Phil Mickelson’s involvement as a paid endorser of the Saudi-backed golf league. If not for the efforts of Nicklaus Companies, Mr. Nicklaus could have been pilloried in the news media for accepting payment for what could be characterized as betraying the PGA Tour.”
Nicklaus, 82, denied the accusations against him in a small statement.
“The claims made by Howard Milstein are untrue,” he said, via Sports Illustrated. “Our relationship has been a difficult one, at best. I have little doubt about the outcome, but I don’t intend to make this a public spectacle, if it can be avoided.”

Source: Jack Nicklaus sued by Nicklaus Companies after Saudi offer
























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