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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlly Financial and USGA strike deal as U.S. Women's Open purse reaches new recordAlly Financial's Stephanie Marciano, Lilia Vu, the World's No.1 golfer, and Mike Whan, U.S. Golf Association CEO, join 'Power Lunch' to discuss the new partnership between the USGA and Ally Financial.
Persons: Ally Financial's Stephanie Marciano, Lilia Vu, Mike Whan Organizations: Financial, USGA, . Golf Association, Ally
LIV Golf is playing only for cash, not world ranking points, after the Official World Golf Ranking board determined it could not fairly measure the 48-man league with the other 24 tours around the world. LIV Golf made its debut in June 2022, and the lack of world ranking points has taken an enormous toll. Among those no longer in the top 100 are Dustin Johnson, Bryson DeChambeau and Talor Gooch, who has three LIV Golf victories this year. LIV Golf can reapply to be part of the OWGR system, though the board made it clear that turnover, objective access to LIV Golf and relegating players who don't perform remain key points in getting ranking points. There's also the matter of the PGA Tour, European tour and Saudi backers of LIV Golf (Public Investment Fund) working out a commercial partnership announced in June.
Persons: LIV, LIV Golf, OWGR, Peter Dawson, They're, Jay Monahan, Keith Pelley, Keith Waters, Dawson, Phil Mickelson, Lee Westwood, Bubba Watson, Paul Casey, Ian Poulter, — Andy Ogletree —, Mito Pereira, Thomas Pieters, Cameron Smith, Smith, Brooks Koepka, Dustin Johnson, Bryson DeChambeau, Talor Gooch, Sergio Garcia, Sebastian Munoz, Koepka, Munoz, There's Organizations: Centurion, The Associated Press, International Federation of PGA, Augusta National, PGA of America, U.S . Golf Association, LIV, League, PGA Tour, British, Investment Fund Locations: St Albans, London, Saudi, U.S, Florida
The Justice Department's antitrust investigation of the PGA Tour's actions against the upstart LIV Golf league has also ensnared the Augusta National Golf Club and the United States Golf Association. The managing director of LIV Golf, Majed Al Sorour, had warned that LIV would start its own majors, but later walked back the comment on Twitter. Mickelson, meanwhile, told Sports Illustrated that he "wholeheartedly" expects to play at the Masters despite his LIV Golf affiliation. Both the PGA Tour and LIV Golf have been lobbying in Washington D.C. to state their case against the other. LIV Golf also filed its own antitrust suit against the PGA Tour in September, and the tour subsequently countersued, alleging that LIV Golf was anticompetitive because of its restrictive player contracts.
[1/2] Golf - The Masters - Augusta National Golf Club - Augusta, Georgia, U.S. - April 6, 2021 General view of Jordan Spieth of the U.S. on the 16th green during a practice round REUTERS/Mike SegarWASHINGTON, Oct 26 (Reuters) - The Augusta National Golf Club, the PGA Tour and the U.S. Golf Association are included in the U.S. Justice Department's antitrust investigation into professional golf, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Phil Mickelson and 10 other golfers sued the PGA Tour in early August over its decision to suspend them for playing on the new Saudi Arabia-backed LIV Golf circuit. LIV Golf has joined a handful of its players in their antitrust lawsuit against the PGA Tour, according to an amended complaint that showed four golfers have now removed their names. The Augusta National, which hosts the Masters golf tournament each spring, has produced documents for the Justice Department probe, these people said.
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