PGA Tour Raises $1.5 Billion From Group of U.S. Investors January 31, 2024 The PGA Tour announced on Wednesday that it had reached a deal to raise at least $1.5 billion from a group of U.S. investors,… Read More
LIV Golf Has Embraced Trump, but Others Are Keeping Their Distance August 10, 2023 Walking toward a tee box in Virginia in May, former President Donald J. Trump offered an awfully accurate assessment of the way many golf… Read More
Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal July 13, 2023 The PGA Tour and Saudi Arabia’s sovereign wealth fund, facing pressure from the Justice Department about their ambitions for a new company to shape… Read More
PGA Tour Says Saudi Wealth Fund Could Put at Least $1 Billion Into Golf Deal July 11, 2023 A PGA Tour executive told Congress on Tuesday that Saudi Arabia’s sovereign wealth fund could invest more than $1 billion in an ambitious alliance… Read More
How the PGA Tour and Liv Golf Merger Could Collapse June 28, 2023 Golf’s big deal — a planned partnership between the PGA Tour and Saudi Arabia’s sovereign wealth fund — is not how big deals are… Read More
Details of PGA Tour and Liv Golf Merger Reveal What’s Left to Settle June 27, 2023 The PGA Tour’s tentative deal with Saudi Arabia’s sovereign wealth fund included only a handful of binding commitments — such as a nondisparagement agreement… Read More
For PGA Tour Players, Betrayal and Confusion in Saudi Deal’s Wake June 17, 2023 The U.S. Open winner Gary Woodland had lately sensed something different in professional golf. Players were empowered and emboldened. Executives were listening. The PGA… Read More
Analysis: LIV Golf-PGA Tour Merger Is About Profit Above All June 7, 2023 They said it was about principles, but it was always about money. Despite vows from the leaders of the PGA Tour that they would… Read More
PGA Tour and LIV Golf Agree to Deal to End Fight Over Sport June 7, 2023 The PGA Tour, the dominant force in men’s professional golf for generations, and LIV Golf, which made its debut just last year and is… Read More
LIV Golf Wants to Talk About Sports. Donald Trump Still Looms. May 26, 2023 It was only on Sunday evening that LIV Golf, the men’s league awash in billions of dollars from Saudi Arabia’s sovereign wealth fund, met… Read More