PGA Tour Commissioner Jay Monahan Returns with Explosive Memo on Saudi Public Investment Fund Agreement
Key points:
- PGA Tour commissioner Jay Monahan returns from medical leave with an explosive memo to players
- The memo reveals new details about the Tour's agreement with the Saudi Public Investment Fund
- Monahan announces the creation of a 'Player Benefit Program' and a task force for LIV players
PGA Tour commissioner Jay Monahan has returned from his medical leave with an explosive memo to players, detailing new updates on the Tour’s future after the merger. The memo discusses ongoing negotiations with the Saudi Public Investment Fund and the development of a ‘Player Benefit Program’ to provide financial rewards to loyal players. Additionally, a task force has been appointed to create potential pathways for LIV players to return to the PGA Tour. Monahan also announced that the PGA Tour will not support the USGA and R&A’s proposed golf ball rollback rule. This memo comes amidst increased scrutiny and aims to gather support from the player membership.
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