PGA Tour and DP World Tour strengthen alliance to combat LIV

:The PGA Tour and DP World Tour on Tuesday announced a 13-year joint venture partnership to combat the ongoing threat posed by the Saudi Arabia-backed LIV Golf Invitational Series that has already poached a handful of high-profile golfers.

As part of the partnership, which runs through 2035 and was announced as the opening news conference at LIV's first U.S.-based event was beginning in Portland, the PGA Tour will increase its stake in European Tour Productions to 40 per cent from 15 per cent.

Beginning in 2023, the top 10 players in the DP World Tour's rankings, in addition to those already exempt, will receive PGA Tour cards for the following season.

The DP World Tour will also guarantee growth in annual prize funds to its membership for the next five years.

"The game of golf is rallying," PGA Tour Commissioner Jay Monahan said during a video news conference with DP World Tour Chief Executive Officer Keith Pelley. "Our members, partners and fans are rallying.

"Today's announcement should serve as further evidence that the ecosystem of professional golf continues to innovate and thrive."

Monahan added that their work is not yet done and promised a "lot more exciting news" in the months ahead.

While no additional co-sanctioned events were announced as part of the pact, which builds on the success of the existing strategic alliance between the two Tours that was unveiled in 2020, the circuits will still coordinate a worldwide schedule.

Pelley called the partnership a natural extension of what the tours have been doing in recent years but acknowledged it was fast-tracked given the threat posed by LIV Golf.

"While this closer collaboration between our tours was always in the roadmap of our strategic alliance, it's pretty obvious to