The Golden Bear, Jack Nicklaus, 82, is being sued by Nicklaus Companies which accuses the golf legend of alleged a breach of contract, tortious interference and breach of fiduciary duty.
The complaint was filed by Nicklaus Companies in the Supreme Court of the State of New York.
Jack Nicklaus II is vice Chairman of the Nicklaus Companies according to the complaint, Nicklaus was paid $145 million in 2007 to provide exclusive services and property to the Nicklaus Companies, which the CEO says he failed to do.
Also, Nicklaus is accused of wrongful conduct regarding negotiations with the PIF Saudi Investment Fund where Nicklaus was reportedly offered $100 million to join the startup LIV Golf Invitational Series.
Nicklaus released a statement through his organization.
“The claims made by Howard Milstein are untrue,” Nicklaus said in the statement. “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.”
Nicklaus has less than a month to respond to the complaint.
As a golfer, Nicklaus is one of the best. He competed in 164 major tournaments, more than any other player, and finished with 73 PGA Tour victories, third behind Sam Snead (82) and Woods (82).