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The Latest Breaking News from PGA Tour Enterprises

New Roles For Tiger Woods And Jay Monahan As PGA Tour Enterprises Board Announced

Tiger Woods will serve as vice chairman on the board of directors at the new PGA Tour Enterprises company set up to drive commercial and engagement growth

Golf Monthly

PGA Tour Enterprises launched with nine players, including Tiger Woods, on board of directors

The more significant news was the naming of retired Tour pro Joe Ogilvie to the board.

USA Today Sports Media Group

LeBron James, Drake lead list of celebrities who have invested in PGA Tour

LeBron and Drake weren't the only high-level personal investors to back the PGA Tour.

USA Today Sports Media Group

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PGA Tour Investor Makes Bold Claim About LIV Golfers

PGA Tour investor Arthur Blank was asked about the threat of LIV Golf but the Atlanta Falcons owner didn't seem that worried

Golf Monthly

PGA Tour Reveals Key Details About $930m Player Equity Grants

The PGA Tour will divvy out equity in the new for-profit enterprise based on four distinct categories

Golf Monthly

Player equity in $3 billion PGA Tour Enterprises to be broken down into four groups

The majority of equity will be granted to 36 players based on career and last 5-year performance, PIP results.

USA Today Sports Media Group

Al-Rumayyan Coy Over PGA Tour Investment In LIV Golf Update

LIV Golf chairman Yasir Al-Rumayyan says his Saudi PIF will evaluate possibly still investing in the PGA Tour in the future

Golf Monthly

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'We're The First' - Tiger Woods Excited To Be Making 'Sports History' With PGA Tour Equity Deal

Tiger Woods says he's excited to be making "sports history" with the new deal allowing players to become equity owners of the new PGA Tour Enterprises company

Golf Monthly

LIV Golf Chairman Yasir Al-Rumayyan updates players on potential future investment in PGA Tour Enterprises

The letter comes a day after the PGA Tour secured a $3 billion investment from the Strategic Sports Group.

USA Today Sports Media Group

PGA Tour Secures Billion Investment, Players Become Owners

The PGA Tour announces a billion investment from Strategic Sports Group, allowing players to become equity owners in the new PGA Tour Enterprises.

Top News

'Full Steam Ahead' - Greg Norman Issues LIV Golf Response After $3bn PGA Tour Deal

Greg Norman issued the memo to LIV staff following the PGA Tour's $3 billion deal with Strategic Sports Group

Golf Monthly

Lynch: The PGA Tour’s new billions will further enrich players, so when will fans see a return?

This deal likely portends a radical (and long overdue) reassessment of the Tour’s product and operations.

USA Today Sports Media Group

Greg Norman sends letter to LIV Golf staff regarding $3 billion investment in PGA Tour

"Nothing announced by other tours or investment groups changes LIV Golf’s positive trajectory or future plans."

USA Today Sports Media Group

‘Any investment into the game of golf is gigantic’: LIV Golf players react to $3 billion outside investment in PGA Tour

"What I can say is that any investment into the game of golf is gigantic, especially on their side," said DeChambeau.

USA Today Sports Media Group

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The Guardian - UK

PGA Tour unveils $3bn partnership deal to reward players who resist LIV

The PGA’s funding comes via a consortium led by the owners of Liverpool FC and will benefit marquee names such as Rory McIlroy and Tiger Woods

WEKU

PGA Tour strikes a $3 billion deal with a sports owners investment group

The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.

USA Today Sports Media Group

PGA Tour pros, fans and media react to PGA Tour and Strategic Sports Group $3 billion deal

The landscape of golf is changing.

Golf Monthly

PGA Tour Confirms $3 Billion Investment - But The Saudi PIF Isn’t Involved (Yet)

The historic deal is set to give PGA Tour players the chance to collectively access $1.5 billion in equity shares, while investment from the Saudi PIF may still arrive in the future as the men's pro game aims for some kind of unity

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USA Today Sports Media Group

Strategic Sports Group, PGA Tour finalize $3 billion investment deal to create PGA Tour Enterprises

SSG will initially invest $1.5 billion into the new for-profit entity.

Golf Monthly

PGA Tour 'Close' To Securing $3 Billion Investment Deal That Does Not Initially Include Saudi Public Investment Fund

Strategic Sports Group are set to make a significant investment in the PGA Tour that could push the value of PGA Tour Enterprises up to around $12 billion

USA Today Sports Media Group

LIV Golf fumbled the Jon Rahm signing, stalling its momentum for 2024 season

LIV squandered an opportunity to take a much-needed step forward.

USA Today Sports Media Group

Meet the Strategic Sports Group investors, PGA Tour and Saudi PIF executives vying for a place in pro golf’s future

Both tours, the SSG and PIF have an unprecedented opportunity to reshape professional golf as we know it.

USA Today Sports Media Group

Outgoing DP World Tour CEO Keith Pelley calls out PGA Tour’s lack of global vision

"I’ve believed that we should unify and all work together. I’ve believed that for years,” said Pelley.

USA Today Sports Media Group

What’s next: Breaking down the impact of extending PGA Tour, Saudi PIF and investor negotiations

The PGA Tour and Saudi Arabia's Public Investment Fund missed their agreement deadline. So … now what?

Golf Monthly

PGA Tour Confirms Talks With Strategic Sports Group As PIF Merger Deadline Nears

A memo released by the PGA Tour claimed that the circuit has 'agreed to further negotiate with Strategic Sports Group', as the deadline with the PIF at the end of December draws closer

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