• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LawSports

Golf legend Jack Nicklaus wins $50 million verdict against former business partners over defamation

By
Nick Lichtenberg
Nick Lichtenberg
,
David Fischer
David Fischer
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Nick Lichtenberg
Nick Lichtenberg
,
David Fischer
David Fischer
and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 22, 2025, 9:01 AM ET
Jack Nicklaus
Jack Nicklaus waves before hitting the first tee for the honorary tee off before the first round of the Masters golf tournament, April 9, 2015, in Augusta, Ga. AP Photo/Matt Slocum, File

Professional golf legend Jack Nicklaus has won a $50 million verdict in a defamation lawsuit filed in Florida against his former business partners.

Recommended Video

A six-person jury in Palm Beach County found Monday that the Nicklaus Companies had damaged the 18-time major champion’s reputation and exposed him to ridicule, hatred, mistrust, distrust or contempt. Nicklaus Companies owner and executive chairman Howard Milstein and executive Andrew O’Brien were also named individually as defendants, but jurors did not find them personally liable.

Eugene Stearns, an attorney for Nicklaus, said Nicklaus has spent his life helping others and earning a reputation as not just a great athlete but a great human being.

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

According to the lawsuit, Nicklaus, 85, claimed Milstein, O’Brien and others at the company spread false stories that Nicklaus considered a $750 million deal to join the Saudi Arabia-backed LIV Golf League and that he was suffering from dementia and no longer mentally fit to manage his affairs.

Defense attorneys said at trial that Nicklaus Companies executives never tried to defame Nicklaus and argued the case was basically a business dispute. They said no harm was done to Nicklaus’ reputation, and there was no reason for a company that shared the golfer’s name to attack him.

Attorneys for Nicklaus Companies didn’t immediately respond to emails seeking comment Tuesday evening.

Earlier this year, a New York judge dismissed a lawsuit filed by Nicklaus Companies against Nicklaus that attempted to prevent the golfer from using his name, image and likeness to promote his golf course design business.

Nicklaus joined Nicklaus Companies in 2007 as part of a $145 million deal, but Nicklaus eventually quit and planned to continue designing golf courses on his own. While Nicklaus is once again free to design golf courses under his own name, Nicklaus Companies retains the rights to sell clothing and equipment with “Jack Nicklaus” logos.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
Nick Lichtenberg
By Nick LichtenbergBusiness Editor
LinkedIn icon

Nick Lichtenberg is business editor and was formerly Fortune's executive editor of global news.

See full bioRight Arrow Button Icon
By David Fischer
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Law

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Law

CryptoCryptocurrency
Investors cry foul over former NYC Mayor Eric Adams’s crypto launch: ‘Such an obvious rug’
By Leo SchwartzJanuary 13, 2026
1 day ago
Photo: President Trump.
EconomyFederal Reserve
Wall Street expects Trump’s Fed plot to ‘backfire’ spectacularly—perhaps even shutting the door more firmly on rate cuts
By Eleanor PringleJanuary 13, 2026
1 day ago
A person in a hoodie holding a credit card.
Cybersecurityfraud
Consumers lost $12.5 billion to fraud last year, and AI-powered scams are set to explode in 2026, Experian warns
By Amanda GerutJanuary 13, 2026
1 day ago
vervet
LawAnimals
Monkeys are on the loose in St. Louis, and AI-generated jokes are just slowing down animal control’s primate chase
By Heather Hollingsworth and The Associated PressJanuary 12, 2026
2 days ago
Photo of David Ellison
LawWarner Bros. Discovery
Paramount fires back at Warner Bros. bid, launching proxy fight for board seats at annual meeting
By Jake AngeloJanuary 12, 2026
2 days ago
Cryptocftc
An anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
By Leo SchwartzJanuary 12, 2026
2 days ago

Most Popular

placeholder alt text
Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
1 day ago
placeholder alt text
Tech
Elon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scans
By Sasha RogelbergJanuary 11, 2026
3 days ago
placeholder alt text
Economy
The longer the Supreme Court delays its tariff decision, the better it is for President Trump
By Jim EdwardsJanuary 13, 2026
1 day ago
placeholder alt text
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'
By Jason MaJanuary 12, 2026
2 days ago
placeholder alt text
Newsletters
The oil CEO who stood up to Trump is a follower of the disciplined 'Exxon way' and has a history of blunt statements
By Jordan BlumJanuary 13, 2026
1 day ago
placeholder alt text
Success
Google's Sergey Brin admits he's hiring 'tons' of workers without degrees: 'They just figure things out on their own in some weird corner'
By Preston ForeJanuary 12, 2026
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.