Wouldn’t it be nice to have so many endorsement deals you couldn’t remember them all?
He’s not that old, but Jack Nicklaus may be exhibiting signs of memory loss. In a bizarre story, the normally sharp Jackster was a bit foggy on a deal he apparently made.
New Zealand Mint produced 113 gold coins with Nicklaus’ face and signature on them. But shortly before the coin line was to be launched last week, Nicklaus said he didn’t know anything about them.
"First time I’ve ever seen it or heard about it. I’m sorry, I don’t know a thing about it," Nicklaus said a press conference promoting his new course at Kinloch, near Taupo.
He added that he may "sue somebody" over the coins, which the mint says are worth between $14,000 and $30,000. This weekend, however, Nicklaus apparently had a flashback and his company acknowledged the existence of the endorsement deal, allowing the sale of the coins to proceed.
Mint general manager Mark Sutton said after working on the deal with Nicklaus for over a year, the company then got him to sign a contract, dated February 2006. It also had a photo of him signing the booklets which accompanied the limited edition coins, 80 of which had already been sold to customers in the United States.
He said Nicklaus had been paid significant royalties, and NZ Mint was disappointed at having to publicly prove its contractual link to him.
"NZ Mint is extremely disappointed that on the eve of the New Zealand launch of the coin Mr Nicklaus failed to recall his involvement."
Well, it is a really long trip.