Adams Golf Halts Faldos Payments


Adams Golf and Nick Faldo are in a dispute over Faldo's alleged breach of contract.
The company claims Faldo has ceased to use Adams iron clubheads, incuding the Faldo series wedge which Faldo himself designed. Consequently, the contract dated May 1, 1998, is void, the company says.
The minimum royalty for 2000 is $1.5 million.