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☆ PGA Tour announces shock reconciliation with Saudi-backed breakaway LIV Golf
▼ + stars: | 2023-06-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —The US-based PGA Tour is set to partner with the Saudi-backed breakaway LIV Golf, ending a feud that has dogged the men’s professional game for the past year. A spokesperson for the PGA Tour told CNN that the new relationship between the PGA Tour, DP World Tour and LIV Golf is not a merger, but “a partnership/creation of a new commercial entity.”The LIV Golf series, backed by Saudi Arabia’s Public Investment Fund (PIF), officially launched in June 2022, with participating players subsequently barred from competing in PGA Tour events. “After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA Tour Commissioner Jay Monahan. In August 2022, the four-time major winner told CNN that LIV Golf had “ripped apart” the men’s game. Tiger Woods was also critical, arguing in July 2022 that players who joined LIV Golf had “turned their back on what has allowed them to get to this position.”Woods had been critical of players to join LIV Golf.

Persons: LIV, LIV Golf, Mohammed bin Salman, ”, Jay Monahan, Monahan, Yasir Al, PIF, Rory McIlroy, Tiger Woods, “, ” Woods, Richard Heathcote, Phil Mickelson, Mickelson Organizations: CNN, PGA, PGA Tour, Saudi Arabia’s Public Investment Fund, MBS, LIV Golf, Getty, Twitter Locations: Saudi, Saudi Arabia

☆ PGA Tour, European Tour and LIV announce merger
▼ + stars: | 2023-06-06 | by ( Frank Pingue | ) www.reuters.com time to read: +4 min

Additionally, the three organizations said in a joint news release that they will work cooperatively to allow a process for any LIV Golf players to reapply for PGA Tour and DP World Tour membership following the 2023 season. "After two years of disruption and distraction, this is a historic day for the game we all know and love," PGA Tour Commissioner Jay Monahan said in a joint news release. "We are proud to partner with the PGA Tour to leverage PIF's unparalleled success and track record of unlocking value and bringing innovation and global best practices to business and sectors worldwide." The PGA Tour had sought to fend off competition from LIV by barring PGA Tour players from participating in LIV tournaments. Some PGA Tour players took to Twitter to express their surprise having not been informed of the agreement before its announcement.

Persons: Hideki Matsuyama, Mike Segar, LIV, Jay Monahan, Yasir Al, Tour's Monahan, Phil Mickelson, Dustin Johnson, Brooks Koepka, Cameron Smith, Mickelson, Collin Morikawa, Mackenzie Hughes, we’d, Donald Trump, LIV Golf's, Liv Golf, Frank Pingue, Alex Richardson, Christian Organizations: Golf, Tour, LIV, Saudi Arabia Public Investment Fund, Public Investment Fund, PGA, Al, Rumayyan, Justice Department, Fame, Twitter, Liv, Thomson Locations: Augusta , Georgia, U.S, Saudi, Collin Morikawa ., Toronto

PinnedThe PGA Tour and LIV Golf, the insurgent league bankrolled by billions of dollars from Saudi Arabia’s sovereign wealth fund, said on Tuesday that they had agreed to a merger, ending a bitter and costly fight for supremacy of men’s professional golf that had divided top players, everyday fans and corporate sponsors. Now, by merging with the PGA Tour, it has gained a foothold that guarantees it outsize influence in the game’s future. The PIF also will have right of first refusal on new investments in the merged tour, according to the statement announcing the merger. “Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA Tour, LIV Golf and DP World Tour.” The PGA Tour will appoint a majority of the board, the statement said, and hold a majority voting interest in the combined entity. In a memorandum to PGA Tour players on Tuesday, Monahan said the wealth fund would have a minority position in the new for-profit company that will control men’s golf.

Persons: LIV Golf, bankrolling LIV, “, PIF, LIV, Jay Monahan, we’ve, LIV . Monahan, Yasir al, Monahan, Brooks Koepka, Dustin Johnson, Phil Mickelson, LIV signees, Graeme McDowell, “ It’s, ” Organizations: PGA, Premier League soccer, Public Investment Fund, PGA Tour, ”, Public Investment, U.S Locations: Saudi, Riyadh, Saudi Arabia

☆ PGA Tour Commissioner Jay Monahan on Players Championship and Netflix effect from "Full Swing” doc
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPGA Tour Commissioner Jay Monahan on Players Championship and Netflix effect from "Full Swing” docJay Monahan, PGA Tour commissioner, joins CNBC's "Squawk Box" to discuss the upcoming Players Championship and the effect from Netflix's "Full Swing" series.

☆ The PGA Tour Is Making Changes—That Look Like LIV Golf
▼ + stars: | 2023-03-02 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

Scottie Scheffler reacts during the final round of the WM Phoenix Open at TPC Scottsdale. The battle for the future of golf between the PGA Tour and LIV Golf has also been a clash over how tournaments are played. Now the PGA Tour is adopting a series of changes that happen to include some of the untraditional formats used by its Saudi-backed rival. In a memo sent to players Wednesday and reviewed by The Wall Street Journal, commissioner Jay Monahan said the Tour is going forward with a “Designated Event Model” to highlight certain tournaments. Those select events will include a couple of notable features: smaller fields of only 70-80 players and no cut to reduce the field after 36 holes.

☆ PGA Tour Fesses Up on Private Jet Perks for Its Commissioner
▼ + stars: | 2022-12-19 | by ( Mark Maremont | ) www.wsj.com time to read: 1 min

The PGA Tour disclosed in its 2021 tax filings that commissioner Jay Monahan flies on private jets for all of his personal and business travel, and that the nonprofit golf league also may offer personal travel on private jets to other top officials. The new disclosures contrasted with prior years, when the Tour had said that in “limited cases,” top executives “may utilize charter or first class travel for business,” citing security, privacy or efficiency reasons. The prior filings made no mention of any personal private-jet travel provided by the nonprofit.

☆ How to screen for colon cancer
▼ + stars: | 2022-12-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

A representative for Alley confirmed to CNN via email on Tuesday that she had been diagnosed with colon cancer prior to her death. Colorectal cancer, which includes colon and rectal cancers, is the second most common cause of death from cancer in 2022, outranked only by lung and bronchus cancer, according to the National Cancer Institute Surveillance, Epidemiology and End Results Program. Regular checkups are the best way to keep colon cancer at bay, according to the US Preventive Services Task Force. DNA stool test: A DNA stool test is another option, the society said. “You didn’t put the scope in yet, did you?” asked Couric, whose husband, Jay Monahan, had died from colon cancer at age 42 in 1998.

☆ Rory McIlroy: 'Golf is ripping itself apart'
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +3 min

September 29 - Rory McIlroy finds himself in a field that includes several LIV Golf players at this week's Alfred Dunhill Links Championship in St. Andrews, Scotland, and once again, he didn't hesitate to express his thoughts on the Saudi-backed upstart circuit. You look at some other sports and what's happened and the game of golf is ripping itself apart right now," McIlroy said. I just think right now, with where everything is, it's probably not the right time." There's criteria there, everyone knows what they are and if they want to pivot to meet the criteria they can," McIlroy said. As for the PGA Tour and LIV making peace with each other, that seems unlikely to happen, at least as long as Jay Monahan is commissioner of the PGA Tour.

☆ Katie Couric reveals she was diagnosed with breast cancer
▼ + stars: | 2022-09-28 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

Katie Couric, a former co-anchor of NBC's "TODAY" show, announced Wednesday that she has been undergoing treatment for breast cancer. Couric, 65, began her most recent Instagram post by sharing a startling statistic — every two minutes, a woman is diagnosed with the disease in the United States. In an essay on her Katie Couric Media website, she revealed that she learned about her diagnosis on her eighth wedding anniversary to John Molner. After coming up with a plan with her doctor, Couric underwent surgery July 14 and began radiation Sept. 7. She said she wanted to share her journey to encourage other women to keep up with their exams.

☆ Phil Mickelson and three other golfers drop out of antitrust suit against PGA Tour
▼ + stars: | 2022-09-27 | by ( Jack Stebbins | ) www.cnbc.com time to read: +2 min

Phil Mickelson and three other LIV golfers have dropped out of an antitrust lawsuit against the PGA Tour. Mickelson and 10 other LIV-affiliated players had filed a suit against the PGA Tour in August after the tour suspended them for their participation in the rival LIV Golf league. The PGA Tour declined to comment. The Justice Department is also probing into the PGA Tour for its possible antitrust violations tied to LIV Golf. When the lawsuit was initially filed, PGA Tour commissioner Jay Monahan stood by the decision to suspend the LIV-affiliated players.

☆ LIV Golf CEO Greg Norman visits Capitol Hill as the Saudi-backed league battles the PGA Tour
▼ + stars: | 2022-09-19 | by ( Jack Stebbins | ) www.cnbc.com time to read: +3 min

LIV CEO and commissioner Greg Norman watches play on the third hole during the final round of the LIV Golf Invitational Series Chicago at Rich Harvest Farms in Sugar Grove, Illinois. LIV Golf CEO Greg Norman will be visiting Capitol Hill this week to meet with members of Congress, as the Saudi-backed league tangles with the PGA Tour. The LIV Golf league was founded as a competitor to the PGA Tour and is financed by Saudi Arabia's Public Investment Fund. LIV has already poached major golfers such as Phil Mickelson from the PGA Tour, and Norman himself is a former tour star. The LIV Saudi Golf League is not that.

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