REPORT: PGA Tour players will get equity in new enterprise with Saudis while LIV golfers will be punished financially

In the aftermath of this week’s stunning news that the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund were joining forces to create a new company that will run professional golf, some of the biggest questions were about how players who remained loyal to the PGA Tour might possibly be compensated, and how those who defected to LIV Golf would be punished.

Greg Norman tells LIV Golf staff, ‘We’re not going anywhere’

PGA Tour commissioner Jay Monahan said he doesn’t envision LIV Golf events running concurrently in 2024, and there’s belief the PGA Tour’s new deal with Saudi Arabia could fold the Saudi-backed circuit entirely. LIV Golf CEO Greg Norman, it appears, has other plans.