The PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund have extended their self-imposed deadline on a proposed business agreement to create a new for-profit venture tenatively labelled PGA Tour Enterprises.
Twenty-one of the top 25 players in the Official World Golf Ranking will competing in the no-cut event with an overall prizemoney payout of $US20 million.
Despite the ways in which professional golf has benefited from a series of booms, starting with Tiger Woods and continuing through the pandemic bump, it would be a mistake to think it’s on such solid ground that the events of the past two years haven’t taken a hidden toll on the people who are supposed to keep watching.
Aberg said on a Eurosport podcast that he is “super confident” in his decision to play on the PGA Tour rather than the LIV Golf League that is run by Saudi Arabia’s Public Investment Fund.
The popular West Australian made it clear he’ll be doing his cooking on the PGA Tour after earning his card during a brilliant 2023 campaign. And he capitalised on this moment of golfers making commitments by dropping a dramatic hype video.
A law firm representing 20 current and former PGA Tour players has sent a letter to the tour’s policy board regarding ongoing negotiations between the board and private equity investors.
Jon Rahm’s signature with LIV Golf was confirmed last week in a blaze of letterman jacket glory, but it remains to be seen whether the Spaniard will force changes to a league whose format he has previously critiqued.
The PGA Tour sent out a memo to its players on Monday evening (Tuesday afternoon, AEDT) announcing that world No.3 Jon Rahm, who signed a deal last week to play for LIV Golf, has been suspended, an expected move that will have a positive domino effect for numerous players.
In the wake of Jon Rahm’s defection last week to LIV Golf, speculation had turned to other tour pros who might be next in jumping to the upstart circuit.