Pga Tour Greg Norman France Usa Saudi Arabia cycling golf Tour de France DP World Tour Pga Tour Greg Norman France Usa Saudi Arabia

PGA Tour, LIV backers drop no-poaching clause from deal

arabnews.com

MIAMI: The PGA Tour and the Saudi Public Investment Fund have dropped a provision from their framework agreement that barred LIV Golf and the Tour from recruiting each other’s players, the PGA Tour confirmed Thursday.

The move comes after the US Department of Justice raised concerns it could violate antitrust law. “Based on discussions with staff at the Department of Justice, we chose to remove specific language from the Framework Agreement,” the PGA Tour said in a statement. “While we believe the language is lawful, we also consider it unnecessary in the spirit of cooperation and because all parties are negotiating in good faith.” The PGA Tour and DP World Tour stunningly announced on June 7 they had agreed to a deal with the Saudi backers of the LIV Golf circuit that would see the organizations join forces.

The agreement still being finalized follows a bitter two-year civil war that erupted after the launch of LIV Golf, which lured top PGA Tour talent with record $25 million purses and money guarantees.

The deal has sparked scrutiny not only from the Department of Justice but also from US legislators, with the US Senate’s Permanent Subcommittee on Investigations holding a hearing this week into the controversial tie-up.

Related News
The PGA Tour has set up a compensation scheme for players who did not defect to LIV Golf and is also looking at establishing a pathway to reintegrate those who did.
World number three Jon Rahm said he does not expect financial compensation from the PGA Tour for not jumping ship to join LIV Golf after an agreement was reached for the two entities to merge.
HOYLAKE: Ahead of defending his Open Championship crown, LIV Golf superstar Cameron Smith has fired a warning to the quality field assembled at Royal Liverpool Golf Club in Hoylake.
SYLVANIA, Ohio: Linn Grant missed a chance to become the second LPGA Tour player to break 60. Putting herself in position for a breakthrough victory in the Dana Open was a big consolation on a long, rainy Saturday at Highland Meadows.
WASHINGTON: Sweden’s Linn Grant fired a bogey-free 7-under par 64 on Thursday to share the first-round lead at the US LPGA Dana Open with Thailand’s Jaravee Boonchant.

Latest News

Change privacy settings
This page might use cookies if your analytics vendor requires them.