The post Jack Nicklaus Wins $50 Million Defamation Case Against Nicklaus Companies appeared on BitcoinEthereumNews.com. UNITED STATES – JULY 16: Golf: Jack Nicklaus and son Jackie Nicklaus with course plans at Golden Bear Plaza, Palm Beach Gardens, FL 7/16/1998 (Photo by Bill Frakes/Sports Illustrated via Getty Images) (SetNumber: X55971) Sports Illustrated via Getty Images Golf legend Jack Nicklaus has won a defamation case against the entity bearing his name, Nicklaus Companies, resulting in a $50 million verdict. Nicklaus Companies was found to have defamed Jack Nicklaus, damaging his reputation amid speculation that he had received and was considering a substantial $750 million offer from LIV Golf. In addition to spreading the LIV rumors, the company also suggested that Nicklaus was mentally unfit and suffering from dementia. “He deserved better than what he got, and we’re pleased that the jury addressed the particular circumstances that were so annoying,” said Nicklaus’ attorney, Eugene Stearns. Source: Associated Press Defense attorneys argued that Nicklaus Companies executives never intended to defame Nicklaus, calling the case a business dispute rather than a reputational issue. They maintained that no harm was done to Nicklaus’ reputation and questioned why a company sharing his name would attempt to damage it. Earlier this year, a separate case between Nicklaus and Nicklaus Companies, related to the use of his likeness, image, and name in promoting his golf course design business, was dismissed. Nicklaus, who split from Nicklaus Companies, has continued to provide design services independently. Nicklaus originally sold the rights to his golf design business, including his name and logo, to Nicklaus Companies in 2007 for $145 million. After his non-compete agreement expired in June 2022, he restarted his independent design firm. Although the Nicklaus Companies website lists the business as a partnership between Jack Nicklaus and investor Howard Milstein, tensions between the two have persisted for years. The company continues to offer “Jack Nicklaus Heritage”… The post Jack Nicklaus Wins $50 Million Defamation Case Against Nicklaus Companies appeared on BitcoinEthereumNews.com. UNITED STATES – JULY 16: Golf: Jack Nicklaus and son Jackie Nicklaus with course plans at Golden Bear Plaza, Palm Beach Gardens, FL 7/16/1998 (Photo by Bill Frakes/Sports Illustrated via Getty Images) (SetNumber: X55971) Sports Illustrated via Getty Images Golf legend Jack Nicklaus has won a defamation case against the entity bearing his name, Nicklaus Companies, resulting in a $50 million verdict. Nicklaus Companies was found to have defamed Jack Nicklaus, damaging his reputation amid speculation that he had received and was considering a substantial $750 million offer from LIV Golf. In addition to spreading the LIV rumors, the company also suggested that Nicklaus was mentally unfit and suffering from dementia. “He deserved better than what he got, and we’re pleased that the jury addressed the particular circumstances that were so annoying,” said Nicklaus’ attorney, Eugene Stearns. Source: Associated Press Defense attorneys argued that Nicklaus Companies executives never intended to defame Nicklaus, calling the case a business dispute rather than a reputational issue. They maintained that no harm was done to Nicklaus’ reputation and questioned why a company sharing his name would attempt to damage it. Earlier this year, a separate case between Nicklaus and Nicklaus Companies, related to the use of his likeness, image, and name in promoting his golf course design business, was dismissed. Nicklaus, who split from Nicklaus Companies, has continued to provide design services independently. Nicklaus originally sold the rights to his golf design business, including his name and logo, to Nicklaus Companies in 2007 for $145 million. After his non-compete agreement expired in June 2022, he restarted his independent design firm. Although the Nicklaus Companies website lists the business as a partnership between Jack Nicklaus and investor Howard Milstein, tensions between the two have persisted for years. The company continues to offer “Jack Nicklaus Heritage”…

Jack Nicklaus Wins $50 Million Defamation Case Against Nicklaus Companies

2025/10/24 01:34

UNITED STATES – JULY 16: Golf: Jack Nicklaus and son Jackie Nicklaus with course plans at Golden Bear Plaza, Palm Beach Gardens, FL 7/16/1998 (Photo by Bill Frakes/Sports Illustrated via Getty Images) (SetNumber: X55971)

Sports Illustrated via Getty Images

Golf legend Jack Nicklaus has won a defamation case against the entity bearing his name, Nicklaus Companies, resulting in a $50 million verdict.

Nicklaus Companies was found to have defamed Jack Nicklaus, damaging his reputation amid speculation that he had received and was considering a substantial $750 million offer from LIV Golf. In addition to spreading the LIV rumors, the company also suggested that Nicklaus was mentally unfit and suffering from dementia.

“He deserved better than what he got, and we’re pleased that the jury addressed the particular circumstances that were so annoying,” said Nicklaus’ attorney, Eugene Stearns.

Source: Associated Press

Defense attorneys argued that Nicklaus Companies executives never intended to defame Nicklaus, calling the case a business dispute rather than a reputational issue. They maintained that no harm was done to Nicklaus’ reputation and questioned why a company sharing his name would attempt to damage it.

Earlier this year, a separate case between Nicklaus and Nicklaus Companies, related to the use of his likeness, image, and name in promoting his golf course design business, was dismissed. Nicklaus, who split from Nicklaus Companies, has continued to provide design services independently.

Nicklaus originally sold the rights to his golf design business, including his name and logo, to Nicklaus Companies in 2007 for $145 million. After his non-compete agreement expired in June 2022, he restarted his independent design firm.

Although the Nicklaus Companies website lists the business as a partnership between Jack Nicklaus and investor Howard Milstein, tensions between the two have persisted for years. The company continues to offer “Jack Nicklaus Heritage” design services by architects trained under Nicklaus.

Nicklaus became embroiled in legal disputes with Milstein several years after selling a minority interest in the company in 2007. Milstein eventually gained control and expanded the company to include additional golf-related ventures.

Nicklaus terminated his employment with the company in June 2017 but remained bound by a five-year non-compete agreement. During that time, he continued to assist with design services for Nicklaus Companies before ending his professional relationship in May 2022.

There are three tiers of Nicklaus design offerings: Championship, Signature, and Heritage. Nicklaus-related golf designs span more than 410 courses across 45 countries, with Jack Nicklaus himself credited on over 300 of them.

Source: https://www.forbes.com/sites/break80/2025/10/23/jack-nicklaus-wins-50-million-defamation-case-against-nicklaus-companies/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
2025/09/18 00:40