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
Tiger Woods Joins PGA Tour Board in Concession to Player Demands August 1, 2023 Infuriated after being blindsided by the PGA Tour’s pact with Saudi Arabia’s sovereign wealth fund, a band of leading golfers has won a series… 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
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
Phil Mickelson Interviewed in Antitrust Inquiry Into Pro Golf May 17, 2023 PITTSFORD, N.Y. — The Justice Department’s antitrust inquiry into men’s professional golf has included interviews with players, including the major tournament winners Phil Mickelson,… Read More
A New Twist for the Tradition-Bound Masters: The LIV Golf Era April 6, 2023 AUGUSTA, Ga. — The mystery started in earnest last spring and lasted until autumn’s twilight. But Phil Mickelson — among the most famous frontmen… Read More
Forged After a Tumultuous Era, World Golf Championships Fade in Another March 22, 2023 AUSTIN, Texas — It was not all that long ago — Tom Kim, after all, is only 20 years old — but before Kim… Read More
PGA Tour Can Depose Saudi Wealth Fund’s Leader, Judge Rules February 17, 2023 A federal magistrate judge has ruled that the leader of Saudi Arabia’s sovereign wealth fund, which has bankrolled the new LIV Golf series, must… Read More
Power to Punish LIV Golfers Faces a Legal Test in Europe February 2, 2023 DUBAI, United Arab Emirates — Many of the golfers had wandered away one afternoon last week, seeking lunch or refuge from the Emirati sun… Read More
PGA Tour Seeks to Add Saudi Wealth Fund to Lawsuit Over LIV Golf January 25, 2023 “To sum up, P.I.F. and Mr. al-Rumayyan recruited players; decided how much to pay them; assured them about their positions and about indemnification from… Read More