Jack Nicklaus Company Sues Jack Nicklaus

Nicklaus is accused of breaching a contract with the Nicklaus Companies, as well as tortious interference and breach of fiduciary duty

Jack Nicklaus poses for a portrait
(Image credit: Getty Images)

Back in mid-May, a complaint was filed in the Supreme Court of the State of New York against the 18-time Major winner, accusing him of breaching a contract with the Nicklaus Companies as well as tortious interference and breach of fiduciary duty.

Who filed the complaint you may ask? Well, it was filed by Howard Milstein, a New York businessman, chairman, president and CEO of New York Private Bank & Trust and Executive Chairman of the Nicklaus Companies. The reason for the complaint was reportedly down to Nicklaus being paid $145 million in 2007 to provide exclusive services and property to the Nicklaus Companies which, over time, he has allegedly failed to live up to or has worked against the company directly.

Howard Milstein at an event in New York City

Howard Milstein attends a Publication Party at the American Museum of Natural History in January 2019 

(Image credit: Getty Images)

Allegedly, there were three specific instances of the 82-year-old breaching the contract; these are said to have included receiving a substantial cash payment for promoting the 2022 Soudal Open, a recent DP World Tour event, as well as alleged wrongful conduct involving a video game being developed with the Masters and PGA Tour.

The last alleged breach is said to have involved wrongful conduct regarding negotiations with the PIF Saudi Investment Fund, where Nicklaus was reportedly offered $100 million dollars, which he turned down, to head up the new Saudi-backed LIV Golf Invitational Series.

In a statement released by the organisation, Nicklaus said: “The claims made by Howard Milstein are untrue. Our relationship has been a difficult one, at best. I have little doubt about the outcome, but I don’t intend to make this a public spectacle, if it can be avoided.”

Matt Cradock
Staff Writer

Matt joined Golf Monthly in February 2021 covering weekend news, before also transitioning to equipment and testing. After freelancing for Golf Monthly and The PGA for 18 months, he was offered a full-time position at the company in October 2022 and continues to cover weekend news and social media, as well as help look after Golf Monthly’s many buyers’ guides and equipment reviews.

Taking up the game when he was just seven years of age, Matt made it into his county squad just a year later and continues to play the game at a high standard, with a handicap of around 2-4. To date, his best round came in 2016, where he shot a six-under-par 66 having been seven-under through nine holes. He currently plays at Witney Lakes in Oxfordshire and his favourite player is Rory McIlroy, despite nearly being struck by his second shot at the 17th during the 2015 BMW PGA Championship.

Matt’s current What’s In The Bag?

Driver: Honma TW747, 8.75°

Fairway Wood: TaylorMade Rocketballz Stage 2, 15°, 19°

Hybrid: Adams Super Hybrid, 22°

Irons: Mizuno MP54, 5-PW

Wedges: Cleveland 588 RTX 2.0 Tour Satin, 50°, 56°, 60°

Putter: Cleveland TFI 2135 Satin Cero

Ball: Titleist Pro V1x