Jack Nicklaus Sued by the Nicklaus Companies. 6/6/22 Update: Norman Calls out "Hypocrite" Nicklaus

[caniac6]

Norman’s Christmas card list won’t be too long this year.

[Duct Tape]

1 hour ago, Man_O_War said:

https://www.si.com/golf/news/greg-norman-calls-jack-nicklaus-a-hypocrite-for-backtracking-on-liv-golf

Jeez, is there a golf bridge Norman hadn’t burned?

 

Well at least he has the Saudi’s. And Figjam…

 

 

Edited June 6, 2022 by Duct Tape

[me05501]

17 minutes ago, caniac6 said:

Norman’s Christmas card list won’t be too long this year.

I’m not so sure about that. He forgets the wrong Emir and whack! Off with his head. 

[ThinkingPlus]

2 hours ago, golfortennis said:

 

Can't put my finger on it, but something tells me Norman might be closer to the truth on this one.  No idea why, and I could be wrong.

Maybe yes, maybe no, but it isn't how you treat a "friend" and "mentor".

[GolfTurkey]

Greg Norman and Vegemite, Australia’s greatest shames.

[Ferguson]

3 hours ago, GolfTurkey said:

Greg Norman and Vegemite, Australia’s greatest shames.

 

Don't forget the Crocodile Dundee Trilogy. 

 

 

[GolfTurkey]

48 minutes ago, Ferguson said:

 

Don't forget the Crocodile Dundee Trilogy. 

 

 

Easy, this isn’t a war crimes tribunal !!

[jordan2240]

1 hour ago, Ferguson said:

 

Don't forget the Crocodile Dundee Trilogy. 

 

 

C'mon man, the first one was entertaining.

[golfortennis]

19 hours ago, ThinkingPlus said:

Maybe yes, maybe no, but it isn't how you treat a "friend" and "mentor".

 

Oh sure, he could have simply said "Jack had given support initially" or something like that.  But I do think he was well within his rights to point out he was told differently.  

[nsxguy]

According to Golf Channel, LIV Players are IN for the US Open.

 

 

[uitar9]

As a guy who does some contract reading, it makes me wonder about the magnitude of a sale whereby you sell even your likeness. You've been using it for years and then you sell it. Wow. 

 

Its a business model I can't imagine, especially if you have been the guy, for years, like say a Jack Nicklaus, making all your own decisions. Now everything has to go through a company and you get a pre arranged slice.

[HitEmTrue]

On 5/23/2022 at 10:28 AM, Titleist99 said:

I'm certainly not saying that Jack is a bad guy I'm just shocked that he sold his company for a measly $145M.

 

I know I'm reading through an older thread, and maybe this has been answered....

 

Jack was selling only a part of his business, to represent a small minority part of the new business.   From an article in 2007:

 

"Jack Nicklaus has sold part of his company to billionaire New York investor Howard Milstein to help the golf legend expand the business.

Milstein's New York Private Bank & Trust paid $145 million for what's being called a significant minority stake in Nicklaus Cos. LLC, a newly formed company that acquired Nicklaus' golf-course design, marketing and golf-equipment businesses.

 

The Nicklaus family, which owns Golden Bear International Inc., will control a majority position in the new company. Nicklaus will serve as its chairman and chief executive officer."

 

 

[Titleist99]

1 hour ago, HitEmTrue said:

 

I know I'm reading through an older thread, and maybe this has been answered....

 

Jack was selling only a part of his business, to represent a small minority part of the new business.   From an article in 2007:

 

"Jack Nicklaus has sold part of his company to billionaire New York investor Howard Milstein to help the golf legend expand the business.

Milstein's New York Private Bank & Trust paid $145 million for what's being called a significant minority stake in Nicklaus Cos. LLC, a newly formed company that acquired Nicklaus' golf-course design, marketing and golf-equipment businesses.

 

The Nicklaus family, which owns Golden Bear International Inc., will control a majority position in the new company. Nicklaus will serve as its chairman and chief executive officer."

 

 

Makes more sense if true......

[No_Catchy_Nickname]

On 6/6/2022 at 11:19 PM, ThinkingPlus said:

Greggy throwing Jack under the bus.

 

https://sports.yahoo.com/greg-norman-claims-hypocrite-jack-085915303.html

 

Seems like they are frenemies at best. 

 

Wow, that's going to make next year's Champions' Dinner at the Masters a little awkward when both Jack and Greg show...oh, wait. Nevermind...

[golfortennis]

18 hours ago, No_Catchy_Nickname said:

 

Wow, that's going to make next year's Champions' Dinner at the Masters a little awkward when both Jack and Greg show...oh, wait. Nevermind...

 

I don't care who you are that's funny right there.

[Crn50]

On 6/8/2022 at 1:17 PM, No_Catchy_Nickname said:

 

Wow, that's going to make next year's Champions' Dinner at the Masters a little awkward when both Jack and Greg show...oh, wait. Nevermind...

Yeah would love to get to that dinner, I'll wait on tables pick up glasses. I'm guessing there's going to be a lot of past Masters champions played on the Liv tour, might be some fisticuffs lol lol...

[Chunkitgood]

Norman seems to be proving that the reason he never quite got where you might have thought he could have been (e.g., Masters winner, major champion) was character, not bad breaks.

 

 

[Hawkeye77]

Not that facts seem to matter to a lot of the conclusion jumpers, but it appears as guessed there was more than a little mischief involved in the filing and the timing of the filing of the lawsuit.

 

Milstein neglected to mention that Nicklaus had previously and rightly requested arbitration per his employment agreement (an agreement of tremendous significance which Milstein ignores and continues to want to ignore) which Milstein was trying to dodge and filed the lawsuit specifically to 1. attempt to dodge arbitration, and 2. as a pretty obvious PR move to try and damage Nicklaus publicly for personal and weird business reasons.  Milstein was up to shenanigans, didn't want to live up to the terms of the employment agreement, and Nicklaus was out by his choice and not subject to any non-competition restrictions, among other things, and previously had contractual "permission" to do some of the non-consequential things Milstein claimed he did.  The whole Saudi thing was clearly an attempt to sully Nicklaus and take advantage of the whole "LIV" situation for Milstein's benefit, and that will likely come out later as well, one way or the other.

 

The New York Supreme Court for New York County will issue a ruling on the now court-filed request for arbitration at some point and it seems pretty obvious that Milstein will be ordered to submit to arbitration and that will proceed at some point, which will not be a public proceeding. What else comes of all this, who knows, but if you want to bet on an outcome, based on the agreements in place and Milstein's conduct, bet on Nicklaus having done nothing untoward or unethical, Milstein the opposite (and par for the course there) and, of course, nobody reporting on any of it, lol.  

 

[aenemated]

Wait, wait, wait, hold up @Hawkeye77 ... are you suggesting scumbag lawyers happily file frivolous and baseless lawsuits for equally scummy clients?! 

 

Why, I never ... 

[Hawkeye77]

2 minutes ago, aenemated said:

Wait, wait, wait, hold up @Hawkeye77 ... are you suggesting scumbag lawyers happily file frivolous and baseless lawsuits for equally scummy clients?! 

 

Why, I never ... 

Shocking! 😀

[puttfordoux]

7 minutes ago, aenemated said:

Wait, wait, wait, hold up @Hawkeye77 ... are you suggesting scumbag lawyers happily file frivolous and baseless lawsuits for equally scummy clients?! 

 

Why, I never ... 

.

Edited July 12, 2022 by puttfordoux

[BlackDiamondPar5]

14 minutes ago, aenemated said:

Wait, wait, wait, hold up @Hawkeye77 ... are you suggesting scumbag lawyers happily file frivolous and baseless lawsuits for equally scummy clients?! 

 

Why, I never ... 

Q: What's black and brown and looks good on an attorney?

A: A doberman pinscher.

Q: What's the problem with lawyer jokes?

A: Lawyer's don't think they're funny, and no one else thinks they're jokes.

 

Q: What's the difference between lawyers and buzzards?

A: Lawyers have removable wing tips.

all in good fun my attorney friends and I don't mind engineer jokes 🙂 
 

Edited July 12, 2022 by BlackDiamondPar5

[aenemated]

19 minutes ago, BlackDiamondPar5 said:

all in good fun my attorney friends and I don't mind engineer jokes 🙂 

 

Haha and I know being a programmer is what the cool kids tend to do these days but when I started this gig ... we were weird nerds in a dark room that no one wanted to talk about. And we made $16/hr. I LIVED THROUGH THE TORMENT!

 

(My best friend and nemesis since I was like 5 years old is a fancy business attorney - 40 years of trash talk between us has never simmered down) 

 

[scotee]

11 minutes ago, aenemated said:

 

Haha and I know being a programmer is what the cool kids tend to do these days but when I started this gig ... we were weird nerds in a dark room that no one wanted to talk about. And we made $16/hr. I LIVED THROUGH THE TORMENT!

 

(My best friend and nemesis since I was like 5 years old is a fancy business attorney - 40 years of trash talk between us has never simmered down) 

 

 

An attorney and I bought the railroad depot in our small town. He remodeled the passenger depot for his office and I put my dental office in the freight half. He was my a regular scramble partner and I endlessly tormented him with lawyer jokes. He hit me with a few dentist jokes and we both loved it. Humor without being offended. What a concept!

Edited July 12, 2022 by scotee
Spellcheck

[Murphy76]

On 6/6/2022 at 5:43 PM, me05501 said:

I’m not so sure about that. He forgets the wrong Emir and whack! Off with his head. 

 

For some reason, I don't think Christmas is a big thing for the Saudis.  Can't quite remember why......

 

 

[golfortennis]

3 hours ago, BlackDiamondPar5 said:

Q: What's black and brown and looks good on an attorney?

A: A doberman pinscher.

Q: What's the problem with lawyer jokes?

A: Lawyer's don't think they're funny, and no one else thinks they're jokes.

 

Q: What's the difference between lawyers and buzzards?

A: Lawyers have removable wing tips.

all in good fun my attorney friends and I don't mind engineer jokes 🙂 
 

 

Q:What do you call 10,000 lawyers at the bottom of the sea?

A:A good start.

 

Q:What's the difference between a bad lawyer and a good one?

A:A bad lawyer will drag out a case for a long time.  A good one will know how to make it go even longer.

[golfortennis]

18 hours ago, Hawkeye77 said:

Not that facts seem to matter to a lot of the conclusion jumpers, but it appears as guessed there was more than a little mischief involved in the filing and the timing of the filing of the lawsuit.

 

Milstein neglected to mention that Nicklaus had previously and rightly requested arbitration per his employment agreement (an agreement of tremendous significance which Milstein ignores and continues to want to ignore) which Milstein was trying to dodge and filed the lawsuit specifically to 1. attempt to dodge arbitration, and 2. as a pretty obvious PR move to try and damage Nicklaus publicly for personal and weird business reasons.  Milstein was up to shenanigans, didn't want to live up to the terms of the employment agreement, and Nicklaus was out by his choice and not subject to any non-competition restrictions, among other things, and previously had contractual "permission" to do some of the non-consequential things Milstein claimed he did.  The whole Saudi thing was clearly an attempt to sully Nicklaus and take advantage of the whole "LIV" situation for Milstein's benefit, and that will likely come out later as well, one way or the other.

 

The New York Supreme Court for New York County will issue a ruling on the now court-filed request for arbitration at some point and it seems pretty obvious that Milstein will be ordered to submit to arbitration and that will proceed at some point, which will not be a public proceeding. What else comes of all this, who knows, but if you want to bet on an outcome, based on the agreements in place and Milstein's conduct, bet on Nicklaus having done nothing untoward or unethical, Milstein the opposite (and par for the course there) and, of course, nobody reporting on any of it, lol.  

 

 

Where did you see this?

[Hawkeye77]

42 minutes ago, golfortennis said:

 

Where did you see this?

The court records for the New York Supreme Court are online. Have to sort through filings, exhibits and briefs, so a lot of reading, but pretty interesting. Anyway, I’ve made a prediction - remains to be seen if the court in the first place or an arbitrator after that agrees. And they could always settle.  So the final  “result” may not ever be made public. 

[golfortennis]

1 hour ago, Hawkeye77 said:

The court records for the New York Supreme Court are online. Have to sort through filings, exhibits and briefs, so a lot of reading, but pretty interesting. Anyway, I’ve made a prediction - remains to be seen if the court in the first place or an arbitrator after that agrees. And they could always settle.  So the final  “result” may not ever be made public. 

 

Ah ok, so it's from the court filings themselves.  Gotcha.  I'll take your word for it on what you said.  If for no other reason than being willing to go through all that.  

[Barfolomew]

Nicklaus companies wants to save Jack's and company's image..... so they sue him 🐔