WAILEA, Hawaii -- Raymond Floyd said he'll never forget the dramatic putt he made on the 17th hole Monday in the Wendy's Champions Skins Game.

The 63-year-old Floyd holed an 8-foot birdie putt for nine skins and $410,000, and teamed with Dana Quigley to beat Jack Nicklaus and Tom Watson with 10 skins and a record $510,000 in the alternate-shot event.

"People always ask me about one shot that won a tournament, and I really have trouble recalling a specific shot. But I will always remember that shot right there," Floyd said. "I'll remember that putt because I don't know how it went in."

Floyd, a record six-time winner in the event, also made a 10-foot birdie putt on the first playoff hole for another skin and $100,000. It was his 11th career unofficial team victory and his eighth since turning 50.

Nicklaus and Watson won eight skins and $260,000, and the teams of Arnold Palmer-Peter Jacobsen and Gary Player-Hale Irwin were shut out in the event that switched to the two-man format this year after 18 seasons as a four-man individual event.

The eight players have combined to win 561 tournaments worldwide -- including 49 majors -- and more than $100 million. Jacobsen, the youngest in the field at 51, and Quigley made their first appearance in the event. They are the only ones without a major victory and a spot in the Hall of Fame.

Quigley, the 2005 Champions Tour player of the year, said he felt like the "odd man out" in a group of golf stars.

"When they announced them all on the first tee, I'm saying, 'What are they going to say about me?"' he said. "It's a little strange for me to be invited in this with all these guys."

Floyd and Quigley will split the huge paycheck for a day's work. Ten percent will go to charity. Quigley said he would've had to work years as a club pro to earn that much.

After the teams halved Nos. 9-16, the par-4 17th was worth eight skins and $410,000, breaking Floyd's record for the most money won on a hole -- $290,000 in 1995.

"The way it unfolded was incredible," said Floyd, playing in his eighth Wendy's Champions Skins Game. "I've never seen a Skins Game unfold like that."

Floyd gently tapped the ball, uphill and into a slight wind. It paused on the rim, before dropping in. Floyd hunched over his putter in amazement as Quigley and the gallery cheered.

"It stopped and fell in," Quigley said. "This was God's will, I think."

Floyd also made his birdie attempt on the playoff hole and Irwin was unable to convert his 6-footer to halve the hole.

The players were loose and chatty at the beginning of the round, but got serious as the day wore on the Wailea Golf Club's Gold Course, a scenic layout that features ancient Hawaiian rock walls and 93 bunkers. The 7,078-yard course is built on the slopes of the dormant volcano Haleakala and has views of the ocean and uninhabited Kahoolawe island from nearly every hole.

Nicklaus and Watson dominated the front nine with eight straight skins worth $260,000 behind the Golden Bear's clutch putting.

Nicklaus made a 12-footer for birdie on the 192-yard eighth hole to pick up seven skins and $230,000. The sun-splashed gallery roared as Nicklaus pumped his arms in the air.

He also holed an 8-foot birdie putt that turned slightly left-to-right on the par-4 first that earned them a $30,000 skin.

The 66-year-old Nicklaus said he considered the Quigley-Floyd combination the favorite heading into the event. "There's four of us on one side of the coin -- Arnold, Gary, myself and Raymond -- the other four guys are all current," Nicklaus said. "And Raymond is by far the most current of the four of us. That's why they were the toughest team."

Irwin and Player missed three key opportunities. With four skins and $120,000 on the line, Irwin missed a 3-foot birdie putt to the left on the par-4 fifth.

Player missed a 5-foot downhill birdie putt on the par-3 11th, worth three skins and $120,000. Irwin then missed a 12-footer on No. 16 that would've earned the team eight skins and $360,000. Player tapped in to halve the hole with Nicklaus-Watson.

Despite playing limited golf and recovering from back surgery, Nicklaus won last year's event with 11 straight skins for $340,000, the largest payday in his storied career that includes 18 major wins.

Palmer, the oldest player at 76 and the crowd favorite, said he enjoyed the new team format.

"The drama was pretty good through 17 holes and if that putt of Raymond's hadn't gone in, it would've been really great at 18," he said.

Nicklaus was asked about playing in the Masters.

"I haven't made up my mind what I'm going to do," he said. "I hope I'm smart enough not to take my golf clubs."

©The Associated Press. All Rights Reserved.