After a year of bitter rifts in the men’s golf professional circuit, the PGA Tour announced a merger agreement with the Saudi-backed LIV Golf Tour.
As of 4 p.m. ET, the ramifications are still being felt. The PGA Tour has scheduled a meeting for players who were unaware of the agreement.
The PGA Tour, LIV Golf and DP World Tour announced the merger in a statement released on Tuesday. The merger is intended to create a “new, collectively-owned, for profit entity” that will benefit all stakeholders by creating a competitive environment that attracts the best players.
The agreement is not yet finalized, but it will be in the next few months.
In a Tuesday statement, PGA Tour Commissioner Jay Monahan stated: “After two years’ disruption and distraction, today is a historic moment for the game that we all love.”
Fans can rest assured that, going forward, we will deliver on our promise to promote the best of professional golf competition and to secure and drive the future of the game.