PGA golfer Xander Schauffele says Jay Monahan has 'a long way to go' to regain trust
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PONTE VEDRA BEACH, Fla. — If golf fans are upset that the best players in the world aren't playing in the same events such as this week's Players Championship, world No. 1 golfer Scottie Scheffler said they need to turn their anger to the side that caused the sport to fracture.
PGA Tour commissioner Jay Monahan was short on details but overflowing with confidence Tuesday about the future of the PGA Tour, repairing the fractured landscape of golf and his ability to lead the way.
The PGA Tour's negotiations with Saudi Arabia's Public Investment Fund (PIF) are accelerating but it is prepared to go it alone with new partners Strategic Sports Group (SSG) if a deal cannot be done, commissioner Jay Monahan said on Tuesday.
The PGA Tour and Saudi Arabia's Public Investment Fund have ramped up discussions on a deal announced last June that would ally the tour and the financial arm of LIV Golf.
Tiger Woods has been named on Wednesday as vice chairman of the 13-member board of directors for the newly formed, for-profit entity known as PGA Tour Enterprises.
:The PGA Tour has secured a $3 billion investment into a new for-profit entity from a consortium of U.S. sports team owners as part of a deal that allows for co-investment from Saudi Arabia's Public Investment Fund, it said on Wednesday.
The PGA Tour announced the 16 members who will serve on the Player Advisory Council in 2024, a pivotal year that will help shape the future of the tour.