In 2023, Monahan had a base salary of $US1,887,096, with bonuses and incentives of $US12.1 million, retirement benefits of $US2.5 million and long-term incentives of $US6.7 million.
The slew of changes proposed last month were approved at the official session of the full PGA Tour Policy Board. There was no indication in the tour’s press release of vote totals.
Golf Digest has confirmed what was first reported by Bunkered.co.uk, that Monahan, along with a few other PGA Tour “team members”, has been in attendance at the Future Investment Initiative (FII), an annual conference run by the PIF in Riyadh.
At the moment, it seems negotiations between the PGA Tour and Saudi Arabia’s PIF and its governor, Yasir Al-Rumayyan, are enmeshed in anti-trust regulation hell, forcing a harrowing holding pattern in which all of golf’s lawyers and all the kingdom’s men can’t seem to put what’s left of the tour back together again.
Exactly what was being said between the two main protagonists in their many private moments will remain something of a mystery. Neither man had anything to say publicly at the conclusion of their rounds.
[PHOTO: Ross Parker – SNS Group] Rory McIlroy wanted nothing to do with speaking to the written press on the eve of the DP World Tour’s Alfred Dunhill Links Championship. But the Belfast lad did give a two-and-a-half-minute interview to BBC Northern Ireland on the subject of, you guessed it, the symbolism of the men Read more…
The two men who were the architects of the now infamous June 6 framework agreement from last year will be playing golf in the same grouping, in public, on television, on one of the most recognisable golf courses in the world.
Given that the PGA Tour and the PIF had set a December 31, 2023, deadline to try to finalise a deal, the slow pace of the discussions has not only fans wondering what’s taking so long, but some players, too.
The PGA Tour commissioner continued to assert progress is being made in discussions with Saudi Arabia’s Public Investment towards unification in professional golf, but stressed negotiations remain complex regarding an ultimate deal.
The framework agreement between the PGA Tour and the Public Investment Fund of Saudi Arabia reached its one-year anniversary on Thursday, and while tour players continue to express optimism that a deal can be reached, they also seem resigned to the possibility that a resolution might still be quite a way off.
Memorial Park, adjacent to the first tee at Muirfield Village Golf Club, was a place of sombre reflection as PGA Tour players, caddies, Memorial and tour officials and others in the golf business remembered the life of Grayson Murray.
The Murrays, through the PGA Tour, said that they’ve grieved over the previous 24 hours attempting to come to terms with the fact that Grayson is no longer alive.