Jack Nicklaus Is Being Sued by Nicklaus Companies Over Multiple Offenses

Legendary golfer Jack Nicklaus is being sued by Nicklaus Companies, which says it paid the 18-time major champion $145 million in May 2007 for exclusive rights to his golf course design services and marketing, promotional and branding rights in May 2007.

The lawsuit alleges tortious interference, breach of contract and breach of judiciary duty against Nicklaus and his company GBI Investors. The complaint alleges that Nicklaus, 82, has diverted opportunities away from Nicklaus Companies for his personal benefit.

In the lawsuit, filed in New York state court on May 13, Nicklaus is accused of engaging in “repeated acts in bad faith against the best interests of the Company, including acts to intentionally and maliciously undermine the company.”

Read the source article at ESPN: The Worldwide Leader in Sports