Please ensure Javascript is enabled for purposes of website accessibility
PGA Tour to Merge With Saudi LIV Golf League, End Litigation
gvw_ap_news
By Associated Press
Published 2 years ago on
June 6, 2023

Share

Getting your Trinity Audio player ready...

The most disruptive year in golf ended Tuesday when the PGA Tour and European tour agreed to a merger with Saudi Arabia’s golf interests, creating a commercial operation designed to unify professional golf around the world.

As part of the deal, the sides are dropping all lawsuits involving LIV Golf against each other effective immediately.

Still to be determined is how players like Brooks Koepka and Dustin Johnson, who defected to Saudi-funded LIV Golf for nine-figure bonuses, can rejoin the PGA Tour after this year.

Also unclear was what form the LIV Golf League would take in 2024. Commissioner Jay Monahan said in a memo to players that a thorough evaluation would determine how to integrate team golf into the game.

The agreement combines the Public Investment Fund’s golf-related commercial businesses and rights — including LIV Golf — with those of the PGA and European tours. The new entity has not been named.

“They were going down their path, we were going down ours, and after a lot of introspection you realize all this tension in the game is not a good thing,” Monahan said in a phone interview with The Associated Press.

“We have a responsibility to our tour and to the game, and we felt like the time was right to have that conversation.”

Yasir Al-Rumayyan, the governor of Saudi Arabia’s sovereign wealth fund, will join the board of the PGA Tour, which continues to operates its tournaments. Al-Rumayyan will be chairman of the new commercial group, with Monahan as the CEO and the PGA Tour having a majority stake in the new venture.

The PIF will invest in the commercial venture.

Monahan said the decision came together over the last seven weeks.

RELATED TOPICS:

DON'T MISS

Your College Football Team, Now Brought to You by Whiskey

DON'T MISS

Most Medical Debt Can No Longer Hurt Your Credit Score Under New California Law

DON'T MISS

Dead Body Is Found in Wheel Well of United Airlines Plane After Landing

DON'T MISS

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

DON'T MISS

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

DON'T MISS

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

DON'T MISS

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

DON'T MISS

New York to Charge Fossil Fuel Companies for Damage From Climate Change

DON'T MISS

Israel Strikes Houthis in Yemen’s Capital. The WHO Chief Was Just a Few Feet Away.

DON'T MISS

Holiday Shoppers Increased Spending by 3.8% Despite Higher Prices

UP NEXT

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

UP NEXT

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

UP NEXT

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

UP NEXT

Fresno State Gifted Two JC Football Players for Christmas

UP NEXT

Bill Bergey, Pro Bowl Linebacker for Eagles and Bengals, Dies at 79

UP NEXT

Mahomes Throws 3 TDs as Chiefs Clinch AFC Top Seed by Breezing Past Steelers

UP NEXT

Jackson Breaks NFL QB Rushing Record in Ravens’ Romp Over Texans

UP NEXT

James Scores 31 in Record 19th Christmas Day Game as Lakers Hold Off Curry, Warriors

UP NEXT

While Sherrod Motors to Boise, Entz’s Bulldogs Add a Coach, Transfers, Recruits

UP NEXT

Penn State’s Schumacher-Cawley Is 1st Female Coach to Win NCAA Volleyball Title

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

2 hours ago

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

2 hours ago

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

2 hours ago

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

2 hours ago

New York to Charge Fossil Fuel Companies for Damage From Climate Change

2 hours ago

Israel Strikes Houthis in Yemen’s Capital. The WHO Chief Was Just a Few Feet Away.

3 hours ago

Holiday Shoppers Increased Spending by 3.8% Despite Higher Prices

3 hours ago

Fresno Public Hanukkah Lighting Will Move Indoors Sunday

3 hours ago

Americans Are Exhausted by Political News. TV Ratings and a New AP-NORC Poll Show They’re Tuning Out

3 hours ago

How the Stock Market Defied Expectations Again This Year, by the Numbers

3 hours ago

Your College Football Team, Now Brought to You by Whiskey

At SHI Stadium at Rutgers University, advertisements for Eric LeGrand Whiskey flashed across the Jumbotron and on digital billboards during ...

29 minutes ago

Ole Smoky Moonshine
29 minutes ago

Your College Football Team, Now Brought to You by Whiskey

2 hours ago

Most Medical Debt Can No Longer Hurt Your Credit Score Under New California Law

2 hours ago

Dead Body Is Found in Wheel Well of United Airlines Plane After Landing

2 hours ago

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

Syrian man waves white flag as he approaches Israeli soldiers
2 hours ago

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

2 hours ago

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

2 hours ago

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

2 hours ago

New York to Charge Fossil Fuel Companies for Damage From Climate Change

Help continue the work that gets you the news that matters most.

Search

Send this to a friend