The Fort Worth Press - Still no deal a year after PGA merger plan with Saudi PIF unveiled

USD -
AED 3.67295
AFN 68.546207
ALL 88.318465
AMD 387.289653
ANG 1.80184
AOA 943.563599
ARS 966.474096
AUD 1.443925
AWG 1.8025
AZN 1.690257
BAM 1.747428
BBD 2.0187
BDT 119.451516
BGN 1.747655
BHD 0.376892
BIF 2899.722581
BMD 1
BND 1.281042
BOB 6.933307
BRL 5.405303
BSD 0.999781
BTN 83.550072
BWP 13.018597
BYN 3.271938
BYR 19600
BZD 2.015287
CAD 1.351565
CDF 2865.000281
CHF 0.84305
CLF 0.032514
CLP 896.899621
CNY 7.0124
CNH 6.99291
COP 4166.74
CRC 519.636005
CUC 1
CUP 26.5
CVE 98.517304
CZK 22.493019
DJF 178.039661
DKK 6.65923
DOP 60.201296
DZD 132.156979
EGP 48.290519
ERN 15
ETB 117.728737
EUR 0.89314
FJD 2.18015
FKP 0.761559
GBP 0.74615
GEL 2.719682
GGP 0.761559
GHS 15.796504
GIP 0.761559
GMD 68.50292
GNF 8631.917459
GTQ 7.735641
GYD 209.06244
HKD 7.764605
HNL 24.85269
HRK 6.799011
HTG 131.758462
HUF 354.469965
IDR 15165.25
ILS 3.70536
IMP 0.761559
INR 83.78975
IQD 1309.722179
IRR 42105.000118
ISK 134.569766
JEP 0.761559
JMD 157.246862
JOD 0.708595
JPY 142.74984
KES 128.969697
KGS 84.203701
KHR 4059.879651
KMF 441.624992
KPW 899.999433
KRW 1312.170053
KWD 0.30505
KYD 0.833151
KZT 481.038557
LAK 22076.489062
LBP 89532.225136
LKR 296.190736
LRD 193.46077
LSL 17.181736
LTL 2.95274
LVL 0.60489
LYD 4.740721
MAD 9.701361
MDL 17.431393
MGA 4529.839311
MKD 55.015112
MMK 3247.960992
MNT 3397.999955
MOP 7.998159
MRU 39.542187
MUR 45.869215
MVR 15.359954
MWK 1733.668678
MXN 19.634985
MYR 4.123498
MZN 63.875014
NAD 17.181582
NGN 1668.839925
NIO 36.792988
NOK 10.50662
NPR 133.680293
NZD 1.573366
OMR 0.384899
PAB 0.999781
PEN 3.714323
PGK 3.976788
PHP 56.070498
PKR 277.642339
PLN 3.820801
PYG 7791.859691
QAR 3.645314
RON 4.442697
RSD 104.540211
RUB 93.073726
RWF 1340.189145
SAR 3.751512
SBD 8.292444
SCR 13.619902
SDG 601.505244
SEK 10.09307
SGD 1.280905
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 571.367306
SRD 30.700498
STD 20697.981008
SVC 8.747861
SYP 2512.529936
SZL 17.180331
THB 32.250505
TJS 10.647993
TMT 3.5
TND 3.034394
TOP 2.342099
TRY 34.180599
TTD 6.796546
TWD 31.6835
TZS 2730.000079
UAH 41.211799
UGX 3689.093987
UYU 41.697752
UZS 12713.14782
VEF 3622552.534434
VES 36.865753
VND 24565
VUV 118.722009
WST 2.797463
XAF 586.070967
XAG 0.031897
XAU 0.000378
XCD 2.70255
XDR 0.737819
XOF 586.070967
XPF 106.554924
YER 250.324997
ZAR 17.170315
ZMK 9001.222327
ZMW 26.47022
ZWL 321.999592
  • NGG

    -0.0400

    69.69

    -0.06%

  • BP

    0.1600

    31.58

    +0.51%

  • SCS

    0.1960

    13.346

    +1.47%

  • BTI

    -0.3200

    36.52

    -0.88%

  • CMSC

    -0.0528

    24.72

    -0.21%

  • GSK

    -0.0250

    40.685

    -0.06%

  • RYCEF

    -0.0100

    7.03

    -0.14%

  • BCC

    0.2700

    141.76

    +0.19%

  • RIO

    -0.1550

    71.075

    -0.22%

  • BCE

    -0.1500

    35.04

    -0.43%

  • JRI

    0.0570

    13.637

    +0.42%

  • RBGPF

    4.6500

    64.75

    +7.18%

  • AZN

    -0.0350

    77.585

    -0.05%

  • VOD

    -0.0400

    10.05

    -0.4%

  • CMSD

    -0.0690

    25.011

    -0.28%

  • RELX

    -0.5050

    47.055

    -1.07%

Still no deal a year after PGA merger plan with Saudi PIF unveiled
Still no deal a year after PGA merger plan with Saudi PIF unveiled / Photo: © GETTY IMAGES NORTH AMERICA/AFP/File

Still no deal a year after PGA merger plan with Saudi PIF unveiled

One year after the shock unveiling of a merger agreement between the PGA Tour and LIV Golf's Saudi financial backers, the controversial move has not produced a finalized deal.

Text size:

It was June 6, 2023 when PGA Tour commissioner Jay Monahan and Saudi Arabian Public Investment Fund (PIF) governor Yasir Al-Rumayyan announced their plan to unify the PGA and LIV, restoring a single tour for golf's best talent.

PGA players were unhappy at being blindsided, especially after pressure over Saudi human rights issues to reject rich offers from the upstart series.

Any deal, however, had to go through the PGA Tour Policy Board, a panel revamped with a player majority in recent months.

A December 31 deadline was missed and a transaction subcommittee is now charged with negotiations, with player member Rory McIlroy telling Sports Illustrated they have spoken with the Saudis three times a week in the past month.

A Friday gathering in New York with Monahan, Al-Rumayyan and Tiger Woods involved was the first in-person meeting since March, McIlroy calling it "big-boy stuff" with business leaders, not players, leading talks.

PIF would buy into the for-profit PGA Tour Enterprises, created earlier this year in a tour agreement with US sport team owners, Fenway Sports Group owner John Henry among those investing a total of $1.5 billion.

"Looking a few years down the line, LIV is going to continue to sort of keep going down its path, but with maybe more of a collaboration or an understanding between the tours," McIlroy told SI. "Maybe there's some cross-pollination there where players can start to play on both."

For now, it's just the latest rumor.

"A year later seems like there's a lot of rumors and everything's the exact same. I haven't seen a single difference since that day," said 2011 PGA Championship winner Keegan Bradley.

"I've heard a lot of things that could happen. I have no clue what's going to happen with PIF. I hear a new rumor every day. I'm hopeful. I would love to have some of those big boys come back out here and play."

Deciding details of the path back to the unified series for PGA defectors and any accompanying punishment is a likely block to a final deal, as is a potential united tour with many more global stops compared to the mostly US-based PGA.

Television ratings have dipped this year, seen as a sign golf fans are weary of the LIV-PGA split.

"The PGA has a vision of what it wants to look like... and what it should evolve into," Aussie player negotiator Adam Scott told Golfweek. "I don't know exactly what (PIF's) vision is."

Scott sees a deal soon, more or less.

"I think we're getting there," Scott said. "Eventually, someone is going to have to put it out exactly what it is and I think that will happen very soon. You have to break the ice and someone has to show a hand. It's moving along as quickly as it can."

Woods says progress is slow but continues.

"It's fluid. It changes day to day," Woods said. "Has there been progress? Yes. But it's an ongoing negotiation, so a lot of work ahead for all of us.

"It may not be giant steps, but we're making steps."

The only current place to see the best PGA Tour players face LIV's top talent is at a major tournament.

- 'We're entertainers' -

LIV's Bryson DeChambeau, sixth at the Masters and second at the PGA Championship, is among 12 LIV players competing at the US Open.

"I've started to realize quite quickly that we're entertainers," he said. "We're out here doing a job but we're also entertaining fans, trying to grow the game, trying to show the fans what we're all about."

Second-ranked Xander Schauffele, last month's PGA Championship winner, expects the split will be all-but forgotten in time.

"I don't know what the timeframe would be," he said. "But this will just be a small blip everyone will laugh about. Remember when golf was really fractured?

"You'll laugh about it in five or six years. I imagine golf will be back together, everyone will be playing golf again together."

S.Weaver--TFWP