Jack Nicklaus has been awarded 37million in a defamation lawsuit against his former business partners, who claimed he agreed a 560million deal with LIV Golf.
Jack Nicklaus has earned 37million from his defamation lawsuit after a Florida jury ruled that former business associates spread false information, tarnishing his reputation. The 18-time major champion alleged that the company bearing his name, Nicklaus Companies, falsely claimed he had covertly negotiated a whopping 560million deal to become the face of the LIV Golf League.
Nicklaus, 85, stepped down from an executive role at the company in 2017, 10 years after merging his previous firm, Golden Bear International, with the group owned by billionaire banker Howard Milstein. The PGA Tour icon launched the lawsuit in response to statements made by officials from Nicklaus Companies during a prior lawsuit in New York.
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In the defamation case, Nicklaus argued that the defendants insinuated he had contemplated accepting a 560m offer from the Saudi-backed breakaway league and spread these false allegations to the media. As reported by the Palm Beach Post, the jury concluded that Nicklaus Cos. had actively engaged in falsely disseminating facts, subjecting the 85-year-old to "ridicule, hatred, mistrust or contempt."
During the trial, which spanned over two weeks, the...
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