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Augusta National Golf Club

Rob Carr / Associated Press

Billy Payne is retiring as chairman of Augusta National and the Masters, ending 11 years of substantial change that included the club having its first female members and playing a leading role in growing the game around the world.

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Payne officially retires on Oct. 16 when the club opens for a new season.

Bubba Watson helps Jordan Spieth put on his green jacket for the second time after winning the Masters golf tournament Sunday, April 12, 2015, in Augusta, Ga.
Darron Cummings / Associated Press file

The Georgia company that owns Augusta National Golf Club and the Masters golf tournament on Monday asked a judge to stop a golf memorabilia company from auctioning off a Masters champion's green jacket and other items it says were never supposed to have left the club's grounds.

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