DIRS.INFO The most relevant business & tech news

☆ The Masters: The eclipse is all anyone can talk about at Augusta National
▼ + stars: | 2024-04-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

The total solar eclipse plunged Augusta National Golf Club into darkness shortly after 3 p.m. local time in Georgia, bringing the major’s first practice round to a standstill as players, caddies and patrons turned their gazes skyward. 1 Scottie Scheffler – though only after being provided with a pair of viewing glasses by one helpful young fan. Caddies also donned solar glasses. “This is timed up pretty good; get to watch the end of the world at Augusta National,” the American said, laughing. An eclipse hasn't coincided with Masters week since 1940.

Persons: “, Will Zalatoris, ”, Bubba Watson, Matt Slocum, Stewart Hagestad, Scottie Scheffler –, Hagestad, Scottie, Jimmy Demaret, Caddies, Warren Little, Peter Malnati, Brian Harman, Adam Cairns, Corey Conners, Conners Organizations: CNN, Golf, PGA, Augusta National, Reuters Locations: Georgia, USA

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

☆ 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

It had been more than 50 years since a woman played on the PGA Tour. Political Cartoons View All 1206 ImagesAnd then there was Michelle Wie West, who played eight times on the PGA Tour. Thompson has gone 73 starts on the LPGA Tour since her last win at the ShopRite LPGA Classic in 2019. “I know that Lexi at times has been one of the top players on the LPGA Tour and she's obviously very athletic. The spotlight and any negativity about playing a PGA Tour event don't seem to be a problem.

Persons: Lexi Thompson, Thompson, ’ ” Thompson, Michael Kim, Ben Griffin, “ I'm, ” Thompson, Brittany Lincicome, Annika Sorenstam, Suzy Whaley, Michelle Wie West, ”, ” Kim, Peter Malnati, “, Lexi, ” Malnati, Lydia Ko, Kevin Roy, Trevor Werbylo Organizations: Shriners Children's, PGA, PGA Tour, Colonial, Greater Hartford, Shriners, LPGA, LPGA Tour, Solheim, FedEx, U.S, Women's, Olympic Club, ANA Locations: Arkansas, Texas, Saudi, Spain, Europe, Vegas

Tiger Woods wipes his driver grip on the 18th tee box during the first round of the PGA TOUR Champions PNC Championship at The Ritz-Carlton Golf Club on December 17, 2022 in Orlando, Florida. Ben Jared | PGA Tour | Getty ImagesThe PGA Tour on Tuesday said Tiger Woods would join its policy board, a concession meant to give players more input and oversight as negotiations continue for its controversial deal with Saudi-backed LIV Golf. Woods joins the board less than a month after former AT&T CEO Randall Stephenson resigned due to concerns regarding the Saudi investment. Until the proposed deal was announced, the PGA Tour and LIV were embroiled in antitrust lawsuits – lobbed at each other – as players left the tour for big paydays at LIV. The proposed deal has been met with ire and confusion from lawmakers, members of the tour and fans.

Persons: Woods, Ben Jared, Tiger Woods, LIV, Randall Stephenson, LIV Golf, Saudi Crown Prince Mohammed bin Salman, Patrick Cantlay, Charley Hoffman, Peter Malnati, Rory McIlroy, Webb Simpson, Monahan, Christian Petersen Organizations: PGA, PNC, Ritz, Carlton Golf Club, Saudi, Saudi Arabia Public Investment Fund, Saudi Crown, Augusta National Golf Club, Getty Locations: Orlando , Florida, Saudi, LIV, Augusta , Georgia

☆ Woods joins PGA Tour's policy board as player director
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +3 min

"Tiger's voice and leadership throughout his career have contributed immeasurably to the success of the PGA Tour, and to apply both to our governance and go-forward plan at this crucial time is even more welcomed and impactful," said PGA Tour Commissioner Jay Monahan. "I am honoured to represent the players of the PGA Tour," Woods, who is recovering from ankle surgery in April, said in a news release. The announcement comes nearly two months after the golf world was left stunned by the announcement of a framework agreement between the PGA Tour and Saudi Arabia's Public Investment Fund, which controls LIV Golf. According to the PGA Tour, the players and Monahan will work together to amend the Policy Board's governing documents to make it clear that no major decision can be made without the involvement and approval of the player directors. Reporting by Frank Pingue in Toronto Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Woods, Mike Blake, Patrick Cantlay, Charley Hoffman, Peter Malnati, Rory McIlroy, Webb Simpson, Jay Monahan, LIV, Monahan, Colin Neville, Scottie Scheffler, Jon Rahm, Japan's Hideki Matsuyama, Jason Day, Adam Scott, Frank Pingue, Christian Radnedge Organizations: Golf, Reuters, PGA, Saudi Arabia's Public Investment Fund, PGA Tour, PIF, Thomson Locations: Augusta , Georgia, U.S, Toronto

CNN —Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board. The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. “I am honored to represent the players of the PGA TOUR. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

Persons: Tiger Woods, LIV Golf, ” Woods, Jay, Monahan, Woods, Rory McIlroy, Webb Simpson, Patrick Cantlay, Charley Hoffman, Peter Malnati, McIlroy, LIV, “, Golf, Phil Mickelson, Dustin Johnson, Sergio Garcia, Bubba Watson, Sen, Richard Blumenthal, Greg Norman, ” Monahan, Colin Neville, Neville, Ben Morse Organizations: CNN, Tour, PGA Tour, LIV, PGA, Washington Post, Saudi Public Investment Fund, Capitol Hill, Saudi, Premier Golf League Locations: Saudi, Connecticut

☆ PGA Tour and LIV Golf: Newly obtained document details framework agreement between the sport’s leading organizations
▼ + stars: | 2023-06-28 | by ( Jill Martin | ) edition.cnn.com time to read: +5 min

CNN —On June 6, a shocking announcement was made by the PGA Tour sending reverberations around the golf world. On Monday, multiple news outlets started to circulate the framework agreement that had been quietly made by those groups. CNN has since obtained a copy of the framework agreement. The document was sent to Congress on Monday, according to a source with knowledge of the framework agreement. Lawmakers are inviting Monahan, Al-Rumayyan and LIV Golf CEO Greg Norman to testify at the hearing.

Persons: LIV, ”, ” PIF, Prince Mohammed bin Salman, “ NewCo, OWGR’s criterial, LIV Golf, Jay Monahan, Yasir Al, Keith Pelley, Monahan, Greg Norman, Patrick Cantlay, Rory McIlroy, Charley Hoffman, Peter Malnati, Webb Simpson Organizations: CNN, PGA, Public Investment Fund, LIV Golf, US Department of Justice, PGA Tour, Wall Street, Investigations, Rocket, “, Management, TOUR’s Locations: Saudi, NewCo, Al, Detroit

Search resuls for: "Peter Malnati"

8 mentions found