Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14
News Every Day |

PGA Tour Commissioner Jay Monahan shuts down Saudi agreement rumors: “complex scenario”

Jay Monahan, PGA Tour, RBC Canadian Open
PGA Tour Commissioner Jay Monahan chats with Rory McIlroy ahead of the RBC Canadian Open. | Photo by Vaughn Ridley/Getty Images

Before the Travelers Championship, PGA Tour Commissioner Jay Monahan revealed that the agreement with the PIF still needs work.

CROMWELL, Conn. — Who knows when the PGA Tour will strike an agreement with the Saudi Public Investment Fund (PIF), LIV Golf’s beneficiary. But one thing is certain: no deal will be made during this week’s Travelers Championship.

Speaking to reporters at TPC River Highlands, PGA Tour Commissioner Jay Monahan provided an update on negotiations without revealing anything the golfing world did not already know.

“There’s been a lot of news around our ongoing discussions with the PIF, Monahan said.

“I’m not going to negotiate in public, and I know [everyone is] eager to know more, but I will go back to the meeting that we had two Fridays ago in New York, where our entire Transaction Committee, including Tiger Woods and Adam Scott being in person and Rory [McIlroy] dialing in from the Memorial Tournament, alongside Yasir Al-Rumayyan, the Governor of the PIF and representatives of the PIF. It was a very productive discussion. As we’ve said, progress was made and we continue to be in regular dialog. I had a 10 o’clock call [Wednesday] morning with the PIF, and we’re doing that multiple times a week.”

Jay Monahan, PGA Tour, the Memorial Tournament Photo by Ben Jared/PGA Tour via Getty Images
Jay Monahan speaks at the 2024 Memorial Tournament.

At least talks with the PIF have taken place, which did not appear to be the case before the Players Championship in March.

“I would say to you that there were a lot of important aspects that we talked about in that meeting [in New York], aspects that will be important towards a final agreement that we got consensus on, and there are a number of areas that we recognize that we weren’t going to, but identified them, and that’s what we’re focused on, and that’s what we’re working on,” Monahan continued.

“So, my outlook for those discussions continues to be very positive.”

The negotiations between the PGA Tour and the PIF were further complicated by the addition of the tour’s new investor, the Strategic Sports Group (SSG), in February.

Before the Pebble Beach Pro-Am, Monahan and the tour announced that SSG—a consortium of sports owners from around the country—agreed to invest $1.5 billion in the tour. This investment will give the tour much-needed capital amid rising costs, thanks in part to LIV Golf’s rise to prominence.

Of course, the PIF has over $700 billion in assets and has reportedly invested north of $1 billion into the PGA Tour’s rival circuit.

Nevertheless, SSG helped the tour establish an equity program for players, meaning top tour members will have massive stakes in its newly formed entity, PGA Tour Enterprises.

“All I can say is that when you have the likes of John Henry and Arthur Blank, Sam Kennedy, Andy Cohen, Joe Gorder, a lot of people that—some people are new to our sport, but have massive experience in sport and in the corporate world. When they say that this is one of the most complex scenarios that they have ever seen, I think that says a lot,” Monahan added.

“As it relates to whether or not the complexity is being underestimated, I think it’s only fair to say that unless you have a full context for everything that’s being discussed, it would be unreasonable for anyone to think that you would fully understand the complexity. There are a lot of different factors at play, but nobody who is having the conversation is unaware of the complexity, and everyone, I think, is embracing the fact that there are things, obstacles, and things you have to overcome in a complex situation. We have the right people around the table for us, and they do as well.”

Monahan provided one large word salad to reporters—a salad that continued no juice or any meat. Yet, the commissioner said that all involved are focused on getting to the right outcome, with players and fans in mind.

When that outcome comes about is anyone’s guess.

Jack Milko is a golf staff writer for SB Nation’s Playing Through. Be sure to check out @_PlayingThrough for more golf coverage. You can follow him on Twitter @jack_milko as well.


Более 16 тысяч человек посмотрели работы международного кинофестиваля Arctic open

The Truth About Female Sexual Desire

A school for African diplomats has opened in Moscow

He Almost Quit Being A Vet, But Found His Calling Helping Unhoused People - The Dodo

The Faculty of International Journalism and Mass Communications of the Eurasian International University conducts an additional set of applicants!

Read also

Trump shot in right ear at campaign rally, shooter dead

Kate Moss, 50, tears sleeve of her dress as she dances to Stevie Nicks at BST Hyde Park

EastEnders fans predict legendary character will return ‘from the dead’ as they beg BBC bosses for ‘closure’

News, articles, comments, with a minute-by-minute update, now on

News Every Day

The Faculty of International Journalism and Mass Communications of the Eurasian International University conducts an additional set of applicants! — latest news 24/7. You can add your news instantly now — here

News Every Day

The Truth About Female Sexual Desire

Sports today

Новости тенниса
Яна Новотна

Крейчикова о своем тренере Новотной, которая умерла в 2017-м: «Я даже не мечтала, что однажды выиграю тот же трофей, что и Яна»

Спорт в России и мире

Ефимов: 6 спорткомплексов построят в Москве по проектам КРТ

All sports news today

Sports in Russia today


Сын бизнес-коуча Наталии Закхайм арестован

Новости России

Game News

The First Descendent is dollar store Destiny starring exclusively hot people

Александр Розенбаум

Движение «МотоАнгелыДетям» получило в подарок гитару с автографом Розенбаума

Губернаторы России

Яндекс раскрыл, где и какую рыбу ловят россияне

Ефимов: 164,4 тыс. москвичей уже живут или переезжают в жильё по реновации

Песков сообщил, что читал обнародованные документы о переговорах РФ и НАТО

В Орловской области жители "с размахом" отметили День села

Скоро на дорогах Москвы. Ликсутов — о беспилотном трамвае и новых линиях

Анжелика Варум появилась на Юбилейном образовательном форуме Агутина в Сочи

Движение «МотоАнгелыДетям» получило в подарок гитару с автографом Розенбаума

Певица Диана Арбенина заявила, что чувствует себя беззащитной рядом с сыном

Арендаторы заселяют коммерцию // Вакантность торговых и офисных площадей снижается

Рыбакина сенсационно проиграла Крейчиковой в полуфинале Уимблдона

«Я сторонник умной работы». Джокович рассказал, что способствует его долголетию в спорте

Второй год подряд: Медведев взял сет у Алькараса, но вновь проиграл в полуфинале Уимблдона

Хорошо, но без финала: как Медведев завершил выступление на Уимблдоне

Последний отпуск. На прогулке на катере по Амуру погибли сестры из Москвы

Госкорпорация „Ростех“ поддержала кинофестиваль «В кругу семьи» в Ярославле

Популярные направления доставки грузов из Костромы

Ты неси меня, Ока: топ-5 пляжей Москвы и области, где можно отдохнуть в выходные

Госкорпорация „Ростех“ поддержала кинофестиваль «В кругу семьи» в Ярославле

"Самая богатая ученица Кийосаки" арестована в Москве. Бизнес-коуча Закхайм обвиняют в мошенничестве

Собянин: силы ПВО отразили атаку беспилотника, летевшего на Москву

Собянин: В этом году планируется благоустроить территории у 41 объекта транспорта

В России выросли цены на новостройки


Передышки не будет: москвичам пообещали очередную жаркую неделю

Собянин: Москвичи завоевали три медали на международной олимпиаде по биологии

Путин в России и мире

Персональные новости
Найк Борзов

Найк Борзов готовится выступить на «Голосе кочевников»

News Every Day

The Faculty of International Journalism and Mass Communications of the Eurasian International University conducts an additional set of applicants!

Friends of Today24

Музыкальные новости

Персональные новости