Jack Nicklaus was awarded $50 million by a Florida jury in his lawsuit against his former business, Nicklaus Companies.
The suit was filed in response to statements made by company officials during litigation in a suit filed in New York. In that case, the company sought to have Nicklaus barred from using his own name in his business ventures, but it was dismissed by the judge.
In his countersuit, Nicklaus contended that the defendants had falsely testified -- and distributed the comments to the media -- that the golf legend had considered a $750 million offer to endorse the Saudi Arabian-financed LIV Golf League.
Nicklaus also charged that the defendants implied the 85-year-old was suffering from dementia and could not handle business matters.
According to court documents, Nicklaus was