PGA announces merger with LIV and DP World Tour
The PGA Tour, DP World Tour and LIV Golf have agreed to merge commercial operations under common ownership, the PGA Tour has announced.
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The PGA Tour, DP World Tour and LIV Golf have agreed to merge commercial operations under common ownership, the PGA Tour has announced.
MIAMI: The PGA Tour and DP World Tour announced on Tuesday that they have merged their commercial operations with the Saudi-backed LIV Golf and ended all litigation, bringing to a close the sport’s bitter two-year rift. In a bombshell agreement that caught the golf world by surprise, the US-based PGA Tour said they had signed an agreement that combines its activities with the Saudi financiers’ golf-related businesses and those of the DP World Tour to form “a new collectively owned, for-profit entity.” LIV Golf was launched in October 2021 and lured top PGA Tour talent with record $25 million purses and money guarantees.
The PGA Tour, DP World Tour and LIV Golf have agreed to merge commercial operations under common ownership, the PGA Tour has announced.
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