Sen. Richard Blumenthal demands PGA Tour, LIV Golf present records of negotiations in new probe

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The leader of a Senate subcommittee is demanding the PGA Tour and Saudi Arabia's LIV Golf present records about negotiations that led to their new agreement and plans for what golf will look like under the arrangement.

Sen. Richard Blumenthal, D-Conn., sent letters Monday to PGA Tour Commissioner Jay Monahan and LIV CEO Greg Norman spelling out the "serious questions regarding the reasons for and terms behind the announced agreement."

Blumenthal, who is chairman of the Senate Permanent Subcommittee on Investigations, said he also wanted to hear the tour's plans to retain its tax-exempt status.

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A general view of the LIV GOLF logo during round 1 of the LIV Golf Invitational Series on July 29, 2022 at Trump National Golf Club in Bedminster, New Jersey. (Rich Graessle/Icon Sportswire via Getty Images)

Last week, LIV and the tour stunned the golf world by agreeing to merge the PGA Tour and European tour with the Saudi golf interests, while also dropping all lawsuits between the parties. The governor of Saudi Arabia's sovereign wealth fund, which bankrolls LIV, will join the PGA Tour board of directors and lead a new business venture as its chairman. The PGA Tour itself will remain a tax-exempt entity.

It was a move expected to receive scrutiny from federal regulators and lawmakers, and the launch of a Senate investigation is among the first dominoes to fall.

The agreement announced last week was to combine the golf-related businesses of Saudi's Public Investment Fund — which includes LIV Golf — with those of the PGA Tour and European tour. That would be a new for-profit company still