Playing in his first PGA Tour Champions event, Steve Stricker took a three shot lead into the final round and held a two shot lead going into the par-3 16th hole.
Stricker would bogey No. 16 and Lehman birdie it to make it all square with two holes to play.
Lehman and Stricker arrived at No. 18 tied at 20-under par and after Lehman’s drive split the fairway, Stricker’s 3-wood crossed the crowned fairway and rolled into the water.
Lehman would two-putt for par following Stricker’s bogey.
“I knew I had to make some birdies,” Lehman told Golf Channel, following the round. “Steve is such a great player and I didn’t know he was so far short on 16, I thought he had about a 20 or 25 footer, so I thought I had to get it up there close. I hit a beautiful six-iron right at it, below the hole where I had a makeable putt.
“Made a good two-putt on the next hole, hit a great tee shot on 17, really kind of manhandled that tee shot and gave myself a chance for birdie,” Lehman continued. “On 18, he got unlucky, I thought he hit a really good 3-wood and it went through the fairway and gave me an opening.”
Bernhard Langer finished in third place at 15-under.
First round leader Fred Couples finished in a tie for fourth at 14-under.
Bob Estes was also making his PGA Tour Champions debut and he finished in a tie for 23rd at 8-under.
The PGA Tour Champions is off next week before returning on March 31 at the Mississippi Gulf Resort Classic in Biloxi.