Gary Player Owes One Million Dollars

gary_Player_2013According to GolfDigest Gary Player made over $14 million last year on the game of golf. And according to this story by the AP he now owes a little under 10 percent of that to an old pal.

Player and businessman Dave King have setteled over a $1 million transaction that happened in 1999.

“Lawyer Rael Gootkin says Player and businessman Dave King have come to an out-of-court agreement. King once caddied for Player at the Masters. He threatened to sue the golfing great for $3.3 million and claim some of his South African assets for not paying back what he said was a loan. Player argued it was not a loan but does not deny that the transaction took place.”

Source: Kyle Porter, CBS Sports