Legendary golfer Jack Nicklaus is reportedly being sued by his own companies.
According to a report, Nicklaus is being sued by the Nicklaus Companies.
Nicklaus is reportedly being sued for an alleged breach of contract, among other things. The Morning Read had more on the situation:
On May 13, a complaint filed in the Supreme Court of the State of New York against the 82-year-old golf legend alleged a breach of contract with the Nicklaus Companies as well as tortious interference and breach of fiduciary duty.
The complaint was filed by Nicklaus Companies. Its executive chairman is Howard Milstein, a New York businessman, chairman, president and CEO of New York Private Bank & Trust. The lawsuit is Nicklaus Companies, LLC v. GBI Investors Inc. and Jack W. Nicklaus. Nicklaus is the principal of GBI Investors Inc., an architectural services firm.
Nicklaus was reportedly paid $145 million in 2017 to provide exclusive services to the Nicklaus Companies. The lawsuit alleges that he has failed to live up to that contract.
You can read more on the lawsuit here.