Monahan did not provide any details on the rendezvous, stating only that the conversation was “constructive and represents an important part of our due diligence process in selecting potential investors for PGA Tour Enterprises”.
Multiple sources familiar with the matter told Golf Digest that LIV Golf’s team component is one of many highly contested subjects in a potential deal.
Though the incontrovertible takeaway from the past two years in professional golf is that no one knows anything, at least for certain, we’ve spent much of this week at TPC Sawgrass gathering intel on the status of the deal.
In a performance that was alternately confident and cautious, PGA Tour commissioner Jay Monahan spoke in front of the gathered media for the first time since last August at the Tour Championship.
The tremors from the move could be felt for years to come, and possibly reignite tensions between the PGA Tour and the Saudi-backed circuit as the two sides navigate potential peace in golf’s civil war.
Monahan spoke at the New York Times DealBook Summit, covering a number of topics from the tumultuous past year that included the continued threat of losing players to LIV Golf, the tour’s surprise framework agreement with PIF in negotiations unknown to the players, and the subsequent leave of absence Monahan took to address his own mental health issues.
In a memo sent to players on Tuesday (first reported by Golf Channel), Monahan reiterated that his focus remains working “toward a definitive agreement with PIF and the DP World Tour as our priority”.
Australian Golf Digest
