(Golden) Bear Market. Jack Nicklaus Turned Down $100 Million Offer From The Saudis To Be Face Of Golf League.

Jack Nicklaus waves after hitting a ceremonial first tee shot during the first round of the Masters golf tournament on Thursday, April 8, 2021, in Augusta, Ga. (AP Photo/David J. Phillip)

The PGA Championship is coming up this weekend in Tulsa. It’s one of the four Majors on the PGA Tour, but it is not the biggest golf story these days. Not even close.

That headline goes to Jack Nicklaus, who said he was offered more than $100 million to be the face of the Saudi-backed LIV Golf Invitational Series that wanted to compete with the PGA Tour. 

Nicklaus said no to the nine-figure deal, primarily because of loyalty.

“I was offered something in excess of $100 million by the Saudis, to do the job probably similar to the one that Greg (Norman) is doing.  I turned it down. Once verbally, once in writing. I said, ‘Guys, I have to stay with the PGA Tour. I helped start the PGA Tour.”

Since the concept was announced, the LIV Golf Invitational Series has been nothing but a headache for many people. A couple of months ago, PGA star Phil Mickelson had to step away from golf after comments he made regarding the Saudi league blew up.  An unauthorized biography about him quoted Phil saying he was able to look past human rights violations by the Saudis to gain leverage with the PGA Tour. 

Nicklaus is the OG of golf, the greatest ever, and he had some advice for Mickelson to deal with his crisis. 

“My advice to Phil? My advice to Phil would be to be patient. The world is a very forgiving place. But he’s the one who has to decide where he wants to play and what he wants to do.”

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