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To help travelers bridge the cultural gap, CNBC Travel asked frequent visitors for their single best piece of advice when visiting Japan. The staff at Kinkos — located in all major cities in Japan — will walk you through the whole process. Be sure to only pack and wear your best (clean and hole-free) socks while in Japan. She has made nine trips to Japan, on top of spending her middle and high school years in Yokosuka. — Miles Ashton, a Chicago-based entrepreneur who has made more than 10 trips to Japan, including a nine-month stint living in Tokyo.
Persons: — Tyler Monahan, it's, Henry Rose, Oliver Horovitz, — Henry Rose, Horovitz's, , — Oliver Horovitz, Tina Horne, Istock, Lawson, Noriko Hayashi, I've, — Jeffrey Cole, you'd, I'd, — Miles Ashton Organizations: CNBC Travel, Staff, Bloomberg, Getty, Tokyu Locations: Japan, — Tyler Monahan , New Jersey, Osaka, Tokyo, Seattle, Kyoto, — Oliver Horovitz , New York City, Aspen , Colorado, Yokosuka, Hokkaido, — Jeffrey Cole , Colorado, Miyakojima, Akihabara, Chicago
3 Jon Rahm given LIV Golf players are absent from the PGA Tour’s flagship tournament. Yet while no stars from LIV Golf will be represented in Florida, the presence of the Saudi-backed venture has loomed large over the 50th edition of golf’s ‘fifth major.’World No. Speaking ahead of The Players Championship, Monahan had said long-running reconciliation talks with LIV Golf were “going to take time” but “accelerating.”How can I watch The Players Championship? PGA Tour Live – which includes coverage of featured holes and groups – is available exclusively to those with ESPN+. Michael Reaves/Getty ImagesThe absence of any LIV Golf players means three of the world’s top-50 ranked players are missing; Rahm (3), Tyrrell Hatton (16), and Brooks Koepka (31).
Persons: Scottie, Jon Rahm, LIV, golf’s, Xander Schauffele, Jay Monahan, , Monahan, LIV Golf, Jared C, Tilton, , Arnold Palmer, Rory McIlroy, teeing, Nick Dunlap, Dunlap, Matthieu Pavon, Jake Knapp, Austin Eckroat, Orlando Ramirez, Tiger Woods, ” Woods, Woods, Michael Reaves, Rahm, Tyrrell Hatton, Brooks Koepka, Cameron Smith, Phil Mickelson, Sergio Garcia, Henrik Stenson, “ You’ve, ” Monahan, , ” Rahm, I’m, ” Scheffler, Scheffler Organizations: CNN, PGA Tour’s, PGA, NBC, ESPN, Sky Sports, Getty, TPC, Arnold Palmer Invitational, American Express, November’s Locations: Florida, Saudi, United Kingdom, that’s
Two names are likely to draw attention: LeBron James, the superstar basketball player, and Drake, the rapper. James and Drake are committing additional capital as “strategic investors,” and are expected to use their marketing power to help the tour broaden its audience. James and the PGA Tour commissioner, Jay Monahan, were at the home of Tom Werner, F.S.G.’s chairman, recently discussing just that, DealBook hears. Fans may see the stars around the greens, perhaps in the same way Drake is a frequent courtside presence at Toronto Raptors games. I remember some of my best childhood memories was being on the golf course with my uncle,” Drake said in a statement to DealBook.
Persons: LIV Golf, wasn’t, LeBron James, Drake, Steve Cohen, Arthur Blank, Marc Lasry, James, Jay Monahan, Tom Werner, F.S.G, , DealBook, ” Drake, , Organizations: Fenway Sports Group, PGA, PGA Tour, Toronto Raptors Locations: Saudi
There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.
Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland
The defense said what happened was a terrible accident, and Monahan took the stand at trial to explain his actions. What would make you think that you deserve those things?”In killing Gillis, the judge said, Monahan “took away a friend, you took away a girlfriend, you took away a daughter, a granddaughter and a sibling. You took away so much unrealized potential, her potential to enrich other people’s lives and to contribute to our society.”Michelini added, “Any remorse you have isn’t for the harm you’ve caused. You murdered Kaylin Gillis. Monahan testified that he thought about past criminal activity in the area and fired a warning shot into the air.
Persons: Kevin Monahan, , Adam Michelini, Monahan, Kaylin Gillis, Gillis, ” Michelini, senselessly, Monahan “, you’re, it’s what’s, ” Monahan, GoFundMe Gillis, Gillis ’, , “ Kaylin, ” Gillis Organizations: CNN, Prosecutors, Spectrum, Kansas City, Police, Disney, Schuylerville High School Locations: New York, Washington, Kansas, White, Salem, Hebron, Washington County, Florida
Rick Tocchet and Rick Bowness were together at NHL All-Star Weekend when news broke that the Winnipeg Jets traded for Sean Monahan. “It’s a great move by Winnipeg, great move by Vancouver getting our guy.”Toss in the Colorado Avalanche signing veteran winger Zach Parise around the same time, and the race for players is already well underway in the Western Conference. And there's still three weeks left until the March 8 deadline, as trade talk picks up and plenty more movement is expected. “Obviously, (we have) a lot of good players and a lot skill — strength throughout the whole lineup. Getting Parise without having to give up draft picks, prospects or players from their roster was a nice first step for general manager Chris MacFarland.
Persons: Rick Tocchet, Rick Bowness, Sean Monahan, Bowness, Elias Lindholm, It’s, ” Tocchet, “ It’s, Zach Parise, there's, , Nathan MacKinnon, , Connor McDavid's, ” Lindholm, Monahan, Connor Hellebuyck, Kyle Connor, Connor, Nazem Kadri, Alexandar Georgiev, Chris MacFarland, Andrew Cogliano, that’s, Parise, Noah Hanifin, Chris Tanev, Jacob Markstrom, Jake Allen, Anaheim's Adam Henrique, Washington's Max Pacioretty, Nic Dowd, Anthony Mantha, Nick Seeler, Sean Walker, Tocchet, ” they're, Bowen Byram, we’ve Organizations: NHL, Winnipeg Jets, Tocchet's Vancouver Canucks, Colorado Avalanche, Western Conference, Stanley, Avalanche, Canucks, Dallas Stars, Central Division, Connor McDavid's Edmonton Oilers, Vegas Golden Knights, Winnipeg, Jets, Bowness, Calgary Locations: Winnipeg, Vancouver, West, Colorado, Bowness , Winnipeg, Montreal
TORONTO (AP) — Even during the All-Star break, Nathan MacKinnon kept thinking ahead to the second half of the NHL season. “Everyone’s going to be playing a lot of hockey here the next couple months, so consistency’s big,” Crosby said. “There’s other teams playing good hockey, so, yeah, we got to win games.”MVP REPEAT? He trails MacKinnon by 17 points and Tampa Bay's Nikita Kucherov by 18 in the scoring race, but McDavid is arguably playing better all-around hockey than he did last season. “It might not be the most offensively sexy year, but I think we’re doing a lot of good things,” McDavid said.
Persons: Nathan MacKinnon, , ” MacKinnon, MacKinnon, Connor McDavid, Elias Lindholm, Sean Monahan, Bo Horvat, That's, Marc, Andre Fleury, Anaheim's Adam Henrique, Philadelphia's Sean Walker, Washington's Nic Dowd, Ottawa's Jakob Chychrun, Travis Konecny, Jersey's Jesper Bratt, he's, “ We’re, ” Bratt, Sidney Crosby, “ Everyone’s, ” Crosby, they’ll, Louis Blues, Seattle's Oliver Bjorkstrand, ” Bjorkstrand, Hart, Nikita Kucherov, ” McDavid, McDavid, “ It’s, ___ Organizations: TORONTO, NHL, Western Conference, Avalanche, New York Rangers, Stanley, Canucks, Jets, Vancouver, New York Islanders, The Rangers, New Jersey Devils, Devils, Philadelphia Flyers, Rangers, Islanders, MetLife, ” Flyers, Seattle, Pittsburgh Penguins, Los, Nashville Predators, Edmonton Oilers, Tampa, Colorado Locations: Colorado, Vancouver, Winnipeg, Calgary, Montreal, Minnesota, East Rutherford , New Jersey, Los Angeles, Edmonton
LOS ANGELES (AP) — New Jersey came to the West Coast to kick off Grammy Awards weekend, with native sons Jon Bon Jovi and Bruce Springsteen teaming up. Bon Jovi hailed Springsteen as “my hero, my friend, my mentor” to a crowd of 2,000 at the Los Angeles Convention Center. Instead of performing at the end of the evening as is traditional for the honoree, Bon Jovi got the nearly three-hour show going. Comedian Jim Gaffigan hosted and relentlessly mocked Bon Jovi for his big hair and penchant for wearing short-shorts in the 1980s. “Livin' On a Prayer” became an all-star finale, with Bon Jovi joined onstage by the other performers for a singalong.
Persons: Jon Bon Jovi, Bruce Springsteen, Bon Jovi, Springsteen, , Jovi, Dorothea, Paul McCartney, Nancy, Robert Kraft, Rita Wilson, Adele, , he’d, ” Melissa Etheridge, Larkin Poe, Jelly Roll, Lainey Wilson, ” Pat Monahan, Shania Twain, Jason Isbell, Damiano David of Måneskin, Van Halen, Sammy Hager, Orianthi, Wolfgang Van Halen, ” Brandy Clark, Jim Gaffigan, Gaffigan, Jack Daniels, “ Livin, Kraft, I’ve Organizations: ANGELES, , Los Angeles Convention, New England Patriots, , Treaty, Sunday, Food Bank, Foundation, District of Columbia Locations: — New Jersey, West, New Jersey
The PGA Tour announced on Wednesday that it had reached a deal to raise more than $1.5 billion from a group of U.S. investors, led by the Fenway Sports Group, the parent company of the Boston Red Sox and Liverpool Football Club. The deal would give the PGA Tour a significant amount of cash at a time when it is facing steep competition from its well-financed rival, LIV Golf, which is backed by Saudi Arabia’s sovereign wealth fund. The influx of money raises questions about whether a deal the PGA struck six months ago to align itself with the Saudi wealth fund remains necessary. The PGA and the Saudi fund initially set a Dec. 31 deadline to work out details and finalize their deal. The tour’s commissioner, Jay Monahan, said Wednesday on a call with PGA players before the official announcement that the tour “does remain in active and frequent dialogue” with representatives for the Saudi wealth fund.
Persons: LIV Golf, Jay Monahan Organizations: PGA, Fenway Sports Group, Boston Red Sox, Liverpool Football Club, Tour, Saudi Locations: U.S, Saudi, Saudi Arabia
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017. A U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf organization announced on Wednesday. Under the terms of the deal, the investor, Strategic Sports Group, will become a minority owner in PGA Tour enterprises, the for-profit entity of the PGA Tour. "Today marks an important moment for the PGA Tour and fans of golf across the world," PGA Tour Commissioner Jay Monahan said. "By making PGA Tour members owners of their league, we strengthen the collectives investment of our players in the success of the PGA Tour," Monahan said.
Persons: LIV, PIF, Jay Monahan, " Monahan, Fenway Sports Group's John Henry, Arthur Blank, Steve Cohen, Tom Ricketts, Wyc Grousbeck, John Henry, Monahan, Henry, Yasir Al, Rumayyan, Critics, Prince Muhammad bin Salman, LIV Golf, Phil Mickelson, Dustin Johnson, Brook Koepka, John Rahm Organizations: PGA Tour, Strategic Sports Group, Saudi, PGA, Fenway Sports, Atlanta Falcons, Arthur Blank , New York Mets, Chicago Cubs, Boston Celtics, Fenway Sports Group, Saudi Public Investment Fund, Saudi Public Investment, CNBC, Justice Department Locations: Cromwell , Connecticut, U.S, Arthur Blank ,, Saudi Arabia, Saudi
PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. PGA Tour Commissioner Jay Monahan was holding a conference call with players about the deal that was finalized Tuesday night. Political Cartoons View All 253 Images“By making PGA Tour members owners of their league, we strengthen the collective investment of our players in the success of the PGA Tour,” Monahan, who will be CEO of PGA Tour Enterprises, said in the formal announcement. While specific details of the equity ownership program were not announced, the initial grants would be based on career accomplishments, recent achievements and PGA Tour status. The European tour was part of the framework agreement on June 6, and it has a strategic alliance with the PGA Tour.
Persons: LIV Golf, Jay Monahan, ” Monahan, Marc Attanasio, Arthur Blank, Steven Cohen, Wyc Grousbeck, Tom Werner, John Henry, Marc Lasry, Alec Scheiner, , Henry, Woods, Patrick Cantlay, Adam Scott, Jordan Spieth, Webb Simpson, Peter Malnati, Yasir Al, Sen, Richard Blumenthal, Conn, LIV, Dustin Johnson, Brooks Koepka, Phil Mickelson, Bryson DeChambeau, PIF, Jon Rahm, Tyrrell Hatton, ___ Organizations: Strategic Sports Group, Tour Enterprises, PGA Tour, SSG, Associated Press, Washington Post, Public Investment Fund, PGA, SSG —, Tour, Fenway Sports Group, Milwaukee Brewers, Atlanta Falcons, New York Mets, Boston Celtics, Boston Red Sox, Milwaukee Bucks, Cleveland Browns, RedBird, Fenway Sports, PGA Tour Enterprises, Saudi, Monday, PIF Locations: Calif, Saudi, Saudi Arabia, PIF, Mexico
A US sports consortium is set to pump billions into the PGA Tour, according to a new report. The PGA Tour didn't immediately respond to a request for comment from Business Insider before publication. The major investment comes amid an ongoing rivalry between the PGA Tour and LIV Golf. Families of the 9/11 terrorist attacks criticized the PGA Tour for the merger, classifying the decision as a demonstration of "hypocrisy and greed." "We cannot compete with a foreign government with unlimited money," Jay Monahan, the commissioner of PGA Tour, told The Wall Street Journal regarding the merger.
Persons: Steve Cohen, Cohen, Marc Lasry, LIV Golf, LIV, Phil Mickelson, Jay Monahan Organizations: PGA, Strategic Sports Group, Saudi Public Investment Fund, Bloomberg, Business, New York Mets, Cohen Private Ventures, Milwaukee Bucks, Fenway Sports, PGA Tour Enterprises, LIV Golf, Saudi Arabia's Public Investment Fund, PGA Tour, Wall
CNN —From NFL quarterback greats locking horns to clashes between golf’s most notorious rivals, Capital One’s The Match series has delivered on a unique approach to entertainment in recent years. Next month, the ninth and latest edition is set to make even more history: for the first time, the series will include female participants. ET (11:30 p.m. GMT) on February 26, Capital One’s The Match will take place under lights across a 12-hole event at The Park course in West Palm Beach, Florida. Warren Little/Getty ImagesAt 28, Thompson is already a seasoned champion, boasting a major title – the 2014 Chevron Championship – among her 11 LPGA Tour victories. In October, she became just the seventh woman to compete on the PGA Tour.
Persons: Rory McIlroy, Lexi Thompson, Rose Zhang, Max Homa, Michael Reaves, , Jay Monahan, ’ McIlroy, Tiger Woods, Justin Thomas, Jordan Spieth, Jordan, , McIlroy, ” McIlroy, “ It’ll, Thompson, Zhang, Warren Little, Jennifer Kupcho, “ It’s, Homa Organizations: CNN, NFL, Capital, TNT Sports, USA, Golf, Hawaii, PGA, JT, Hero Dubai, LPGA, Northern Ireland, Emirates Golf Club, Chevron, , Stanford, Mizuho, Team Europe, Ryder, Turner Sports, Warner Bros, Discovery, Warner Bros . Locations: West Palm Beach , Florida, United States, Florida, American, Rome
PGA Tour and LIV Golf are working to extend their proposed merger deadline, which was originally set at Dec. 31, Commissioner Jay Monahan told players in a memo on Sunday. The delay is the latest update in a long and tumultuous saga between the PGA Tour and Saudi Public Investment Fund-backed LIV Golf that has divided players and could dramatically change professional golf if the merger is completed. PGA Tour and LIV are expected to make a formal decision on the combination ahead of the Masters tournament in April, according to The Telegraph, which first reported the extension. Under the structure of the agreement, PGA Tour would hold a permanent controlling interest in the new entity's board of directors. The agreement also includes the DP World Tour, also known as the PGA European Tour.
Persons: LIV Golf, Jay Monahan, LIV, Monahan Organizations: THE, Sawgrass, CNBC, PGA Tour, Saudi Public Investment Fund, Strategic Sports Group, Saudi, Public Investment Fund, PGA Tour Enterprises, U.S, Fenway Sports Group, The, PGA European, U.S . Federal Trade Commission, Justice Department Locations: Ponte Vedra Beach , Florida
Read previewKelly Monahan wants to use "data-driven empirical insights to help guide" the conversation around the future of work. As the managing director of Upwork's Research Institute, Monahan knows this is an uphill battle. I'm going to make kind of a bold statement: I'm really excited for job disruption. As leaders, and as workers, we can begin to really think about redesigning the job itself. I thought we'd be much further along in that conversation, which is why as a researcher, I'm really willing to dive back into it going into 2024.
Persons: , Kelly Monahan, It's, Monahan, I've, it's, Kelly, There's, that's, we'd, I'm Organizations: Service, Upwork's Research, Business
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJay Monahan on the record: PGA Tour commissioner on LIV deal, medical leave of absenceCNBC's Andrew Ross Sorkin discusses his interview with PGA Tour commissioner Jay Monahan at The New York Times' DealBook Summit.
Persons: Jay Monahan, LIV, CNBC's Andrew Ross Sorkin Organizations: PGA, The New York Times
The lineup for DealBook Summit 2023On Wednesday, DealBook will be live and in person at our annual summit in New York. The DealBook team and reporters from The Times will be reporting live from the conference. Even if you are not with us, you can follow along here beginning at 8:30 a.m. Eastern. Here are the speakers:Vice President Kamala HarrisElon Musk , the chairman and C.E.O. Is this a technology that will unleash a new wave of productivity, or is it a force that could do irreparable harm?
Persons: DealBook, Andrew, Kamala Harris Elon Musk, Tesla, X Tsai Ing, Taiwan Lina Khan, Jamie Dimon, JPMorgan Chase Bob Iger, Kevin McCarthy, California Jensen Huang, Nvidia David Zaslav, Jay Monahan Organizations: DealBook, The, SpaceX, Federal Trade, JPMorgan, Disney, Republican, Nvidia, Warner Bros, White House Locations: New York, Taiwan, California, Israel, China, U.S, Beijing, Washington
PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia. PGA Tour Commissioner Jay Monahan said Wednesday that the organization is talking to several potential investors as a deadline to clinch a deal with Saudi Arabia's Public Investment Fund rapidly approaches. LIV and the PGA Tour were engaged in an antitrust legal battle dating back to last year. The deal had the PGA Tour retaining control in the face of an existential threat, he added. The PIF and "likely another co-investor with significant experience in business and sports will help the PGA Tour take share from other sports and be even more competitive."
Persons: Jay Monahan, " Monahan, Yasir bin Othman Al, Saudi Crown Prince Mohammed bin Salman, Monahan, LIV Golf, LIV, Phil Mickelson, Tiger Woods, Rory McIlroy, Saud Arabia's Organizations: East Lake Golf Club, PGA, Saudi Arabia's Public Investment Fund, The New York Times, Saudi Crown, PGA Tour, Public Investment Fund, Boston Red Sox, Fenway Sports Group, Endeavor Group Holdings, Endeavor Locations: Atlanta , Georgia, Saudi
This year’s DealBook Summit will include conversations with global leaders and powerful figures from Wall Street, Silicon Valley and Hollywood. Jamie Dimon has been the chief executive of JPMorgan Chase since 2006 and its chairman since 2007, making him one of Wall Street’s longest-serving banking leaders. Bob Iger returned as Disney’s chief executive last year, after stepping down from the role in 2020. David Zaslav orchestrated Discovery’s takeover of WarnerMedia and became the chief executive of the new company, Warner Bros. The transaction helped transform his modest cable television company into an empire that includes the Warner Bros. movie and TV studios, HBO and CNN.
Persons: Andrew Ross Sorkin, Kamala Harris, Ms, Harris, Biden’s, Tsai Ing, Tsai, Elon Musk, Musk, Jamie Dimon, Jensen Huang, chipmaker, Bob Iger, Long, Iger, Lina Khan, Khan, , David Zaslav, Jay Monahan, LIV Golf, Monahan, Kevin McCarthy, Mr, McCarthy, Shonda Rhimes, Rhimes Organizations: Wall, Israel, Elon, SpaceX, JPMorgan Chase, First, Nvidia, Fox, Marvel, Pixar, Hollywood, ESPN, Federal Trade Commission, Columbia Law, WarnerMedia, Warner Bros, HBO, CNN, Republican, Republican Party, Shondaland, Netflix Locations: Silicon Valley, Hollywood, United States, California, San Francisco, Gaza, Taiwan, China, First Republic, Saudi
Tiger Woods sounded more optimistic about playing golf next year than he did about the PGA Tour finalizing a deal with Saudi Arabia or private investors by the end of the year. Woods said only there were options, a lot of moving parts and that all sides were working aggressively toward finalizing a deal. “All the parties are talking and we’re aggressively working on trying to get a deal done,” he said. The other direction is working toward a finalized deal by the end of the year, or soon thereafter. Woods also is seen as a top candidate to be the next U.S. Ryder Cup captain for Bethpage Black in 2025.
Persons: Woods, LIV Golf, Jay Monahan, , , Monahan, we’re, PIF, Henry Kravis, George Roberts, ” Woods, LIV, he's, ___ Organizations: PGA, Public Investment Fund, Fenway Sports Group, Riviera, Ryder, Bethpage Black Locations: Saudi Arabia, Bahamas,
CNN —Tiger Woods says he’s only prepared to walk away from playing golf when he no longer believes he can be competitive as he insisted that’s currently not the case. “I love competing, I love playing,” Woods told reporters ahead of his highly-anticipated return to competitive golf. While confirming the operation to fuse his ankle earlier this year was successful, Woods said that his recovery took its toll. “Unfortunately I’ve had experience, I’ve gone through it before and I’m here on the good side now.”Woods has not played competitive golf since April, 2023. The move gave the players a one-seat advantage after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf.
Persons: Tiger Woods, he’s, that’s, , ” Woods, Woods, , I’ve, Andrew Redington, Justin Thomas, haven’t, LIV Golf, Patrick Smith, Jay Monahan, Monahan, ” Monahan Organizations: CNN, Augusta National, Foundation, PGA Tour, PGA Policy, PGA, Locations: Albany, The Bahamas, Saudi
Thoughts and prayers for the players who only kept full PGA Tour cards without guaranteed access to the signature events. And now the signature events will have $20 million purses (same as LIV) with $4 million to the winner (same as LIV). “How many golf fans actually know what the PIP on the PGA Tour is?” he wrote on Instagram, posting the results for all to see. “There’s 150-200 members of the PGA Tour and they just spent $100 million on 20 players. Lashley wasn’t criticizing the PGA Tour on behalf of everyone, but he’s not a lone voice.
Persons: won’t, Jay Monahan, LIV Golf, LIV, Barbara Nicklaus, Nate Lashley, Rory McIlroy, Tiger Woods, pipping, Woods, McIlroy, Jon Rahm, Jordan Spieth, Scottie Scheffler, , , Wyndham Clark, Clark, Lashley, Scheffler, Cameron Smith, Lashley wasn’t, he’s, Emiliano Grillo, ” Grillo, you’re, We’ve, Lanto Griffin, ” Griffin, Golfweek, I’ve, It’s, it's, ___ Organizations: Players, FedEx, Saudi, Sports Business, Lashley, PGA, PGA Tour, Wells, U.S ., Ryder, He's, Colonial, Torrey Pines Locations: Rome, Bahamas
Jordan Spieth replaces Rory McIlroy on PGA Tour board
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Golf - The 2023 Ryder Cup - Marco Simone Golf & Country Club, Rome, Italy - September 30, 2023 Team USA's Jordan Spieth reacts after a missed putt on the 1st green during the Foursomes REUTERS/Phil Noble/ File photo Acquire Licensing RightsNovember 20 - Jordan Spieth will serve the remainder of Rory McIlroy's term as a player director the PGA Tour's policy board. Commissioner Jay Monahan announced the change to tour members on Monday. "With Rory McIlroy resigning from the PGA Tour Policy Board last week, per the PGA Tour Tournament Regulations, the five remaining Player Directors have elected Jordan Spieth to serve the remainder of Rory's term which expires at the end of 2024," Monahan wrote to members, according to an email obtained by Golf Channel. He also acknowledged that the agreement between the PGA Tour and DP World Tour with Saudi Arabia's Public Investment Fund (PIF), which backs LIV Golf, over future cooperation affected his role on the board. Spieth, 30, is a 13-time winner on the PGA Tour with major victories at the Masters (2015), U.S. Open (2015) and The Open Championship (2017).
Persons: Ryder, Marco Simone Golf, USA's Jordan Spieth, Phil Noble, Jordan Spieth, Rory McIlroy's, Jay Monahan, Tiger Woods, Patrick Cantlay, Charley Hoffman, Peter Malnati, Webb Simpson, Rory McIlroy, Monahan, Jordan, McIlroy, LIV Golf Organizations: Country Club, REUTERS, PGA Tour, Golf, PGA, Saudi Arabia's Public Investment Fund, Thomson Locations: Rome, Italy, U.S
Rory McIlroy resigned from the PGA Tour board on Tuesday, an abrupt move that comes as the tour is trying to finalize an agreement to create a new commercial enterprise involving Saudi Arabia's national wealth fund. Asked if he liked having a seat the table, McIlroy said, “Not particularly, no. No player has been more outspoken than McIlroy about the PIF's financial backing of rival league LIV Golf, which attracted a number of major champions with enormous signing fees. LIV Golf recently completed its second year, and it remains unclear how the PIF's deal with the tour affects it. The remaining five player-directors on the 12-member board will elect a successor to serve McIlroy's term, which ends after next year.
Persons: Rory McIlroy, McIlroy, , Jay Monahan, Ed Herlihy, , Rory —, , Monahan, LIV, LIV Golf, Greg Norman, I’ve, ” McIlroy, Tiger Woods, ___ Organizations: PGA, Saudi, New York Times, Public Investment Fund, Tour Enterprises, PAC, Tiger Locations: Dubai, Saudi Arabia, Saudi
The PGA Tour said Tuesday it will begin to offer professional players direct equity ownership in the new company that will be formed after it reaches a deal with investors, according to an internal memo obtained by CNBC. The talks with PIF and the DP World Tour remain the tour's "top priority," PGA Tour Commissioner Jay Monahan said in Tuesday's memo. The new program outlined in Tuesday's memo is the latest move to align the interests of PGA Tour players with the business itself. Monahan also wrote that the Tour's agreement with PIF and DP World Tour has generated interest from other investors. Last week, Fenway Sports Group Chairman Tom Werner acknowledged that the company has held talks with the PGA Tour, but declined to comment with any further details.
Persons: Woods, Rory McIlroy, LIV, Jay Monahan, Monahan, Tom Werner, There's Organizations: Northern, Augusta National Golf Club, CNBC, Saudi Arabia's Public Investment Fund, PIF, PGA, Fenway Sports Locations: United States, Augusta , Georgia, Saudi, U.S
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