The PGA Tour and LIV announced Tuesday the creation of a new entity that would combine their assets, as well as those of the DP World Tour, and radically change golf’s governance. The PGA Tour would remain a nonprofit organization and would retain full control over how its tournaments are played. This is how Jay Monahan, the commissioner of the PGA Tour, answered questions Tuesday about what golf might look like in the future. “I don’t want to make any statements or make any predictions.”Will LIV golfers go back to the PGA Tour and DP World Tour? Will PGA Tour players, many of whom spurned LIV and its huge paydays, receive compensation?

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Persons: LIV, ” NewCo, Yasir al, Jay Monahan, Will LIV, ” Monahan Organizations: PGA, Public Investment Fund, LIV, PGA Tour