Nicklaus, 76, will be making his 15th start in the team event and will play alongside his son, Jack II. Daly, meanwhile, will be making his first tournament appearance at age 50 and will play alongside his son, Little John.
Lanny Wadkins and his son, Tucker, won last year's event in a playoff over Fred and Taylor Funk, Davis and Dru Love and Larry and Drew Nelson. All four teams except the Loves will return this year to the Ritz-Carlton Golf Club Dec. 10-11.
The tournament, which will feature 36 holes of scramble play, also boasts 13 World Golf Hall of Fame members. Included among that group are Nick Faldo, Raymond Floyd, Hale Irwin, Bernhard Langer, Sandy Lyle, Mark OMeara, Nick Price, Vijay Singh, Curtis Strange and Lee Trevino. All of them will play with their sons except for Langer, who this year will team with his daughter, Christina.
Rounding out the field will be Stewart and Connor Cink, David Duval and Nick Karavites, Steve and Sam Elkington, Retief and Leo Goosen, and Lee and Connor Janzen.
To qualify, a player must have won either a major championship or The Players Championship, and their partner must not hold a PGA Tour card. This year's field includes a total of 335 PGA Tour victories, including 64 majors.