South African golfing great Gary Player will receive $5 million (over R85m) and the rights to his name and likeness back from a company operated by one of his sons.
The 84-year-old golfer and the South Carolina-based Gary Player Group reached a settlement last month in the Palm Beach County Circuit Court.
The group is operated by 60-year-old Marc Player, one of Gary's six children.
Marc Player runs The Black Knight company which designs golf courses and sells golf equipment, sportswear and wine.
'The Black Knight' is Gary Player's nickname.
According to court documents, Gary Player was owed unpaid royalties from a five-year period (2014 to 2018) by the Gary Player Group.
Gary Player’s attorney Stuart Singer declined to give details in a statement, saying only there was a “contractual dispute” and that the $5 million was for royalties due to the golfer.
Gary Player is the only non-American to win all four of golf's majors. In a stellar career, Player has a total of nine major victories to his name on the regular tour, namely: three Open Championship, three Masters, two PGAs and one US Open.
In addition, Gary Player also won 15 other PGA Tour titles as well as 19 times on the Senior Tour, including six Senior majors.
Closer to home, Player won the SA Open a staggering 13 times.
He was inducted into golf's Hall of Fame in 1974.