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Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment

Published: 24 April 2024 at 18:29

Golf

The PGA Tour is rewarding players who stayed loyal amid recruitment by Saudi-funded LIV Golf, contacting 193 players eligible for a total of $930 million through a Player Equity Program. $750 million was distributed to 36 players based on career performance, the past five years, and star power assessment. Specific amounts received were undisclosed, with notifications sent out via email detailing the shares allocated. Names of recipients were redacted from the list.

DEEP DIVE


Tiger Woods reacts differently to Jon Rahm's $500 million move to LIV Golf compared to Rory McIlroy


Jon Rahm shocked the golfing world by joining LIV Golf with a multi-million-dollar deal, receiving support from Rory McIlroy but not from Tiger Woods, who ghosted him after the move. Woods remained tight-lipped about the defection, while Rahm expressed his desire to continue playing PGA Tour and DP World Tour events despite joining LIV. The lucrative offer from LIV Golf, reportedly between $300-500 million, played a significant role in Rahm's decision, which he openly acknowledged. The PGA Tour is feeling the impact of top players leaving for LIV Golf, reflecting a shift in the golfing landscape.

Rory McIlroy denies rumors of move to LIV Golf, reaffirms commitment to PGA Tour


Rory McIlroy has denied reports of a potential $850 million deal with LIV Golf and emphasized his loyalty to the PGA Tour. Despite softening his stance on LIV, McIlroy remains firm about staying in the PGA Tour, expressing openness to more face-offs between the two circuits. The PGA Tour's partnership with Saudi Arabia's Public Investment Fund, the ongoing separate operations of the circuits, and players' concerns about fan disenchantment are highlighted. McIlroy insists on playing the PGA Tour for the rest of his career.

PGA European Tour (Wikipedia)


The European Tour, currently titled as the DP World Tour for sponsorship reasons, and legally the PGA European Tour or the European Tour Group, is the leading men's professional golf tour in Europe. The organisation also operates the European Senior Tour (for players aged 50 or older) and the developmental Challenge Tour; the second tier of men’s professional golf in Europe. The tour's headquarters are at the Wentworth Club in Virginia Water, Surrey, England. The European Tour was established by the British-based Professional Golfers' Association through the 1970s, and responsibility was transferred to an independent PGA European Tour organisation in 1984.Most tournaments on the PGA European Tour's three tours are held in Europe, but starting in the 1980s an increasing number have been held in other parts of the world; in 2015 a majority of the ranking events on the European Tour were held outside Europe, though this included both Majors and World Golf Championship events that are ranking events for multiple tours. Europe-based events are nearly all played in Western Europe, with the most lucrative of them taking place in the United Kingdom, Ireland, Germany, France and Spain.The PGA European Tour is a golfer-controlled organisation whose primary purpose is to maximise the income of tournament golfers. It is a company limited by guarantee and is run by a professional staff but controlled by its playing members via a board of directors composed of 12 elected past and present tour players and a tournament committee of 14 current players. The chairman of the board is David Williams who replaced Neil Coles who had held the post for 38 years. The chairman of the tournament committee is Thomas Bjørn.The PGA European Tour is the lead partner in Ryder Cup Europe, a joint venture also including the PGA of Great Britain and Ireland and PGA of Europe that operates the Ryder Cup Matches in cooperation with the PGA of America. The PGA European Tour has a 60% interest in Ryder Cup Europe, with each of its junior partners holding 20%.In June 2023, it was announced that the PGA Tour, LIV Golf and the European Tour would merge under a single organisation.

PGA Tour (Wikipedia)


The PGA Tour (stylized in all capital letters as PGA TOUR by its officials) is the organizer of professional golf tours in the United States and North America. It organizes most of the events on the flagship annual series of tournaments also known as the PGA Tour, as well as the PGA Tour Champions (age 50 and older) and the Korn Ferry Tour (for professional players who have not yet qualified to play on the PGA Tour), as well as the PGA Tour Canada, PGA Tour Latinoamérica, and formerly the PGA Tour China. The PGA Tour is a nonprofit organization headquartered in Ponte Vedra Beach, Florida, a suburb southeast of Jacksonville.Originally established by the Professional Golfers' Association of America (PGA of America), it was spun off in December 1968 into a separate organization for tour players, as opposed to club professionals, the focal members of today's PGA of America. Originally the "Tournament Players Division", it adopted the name "PGA Tour" in 1975 and runs most of the week-to-week professional golf events on the tournament known as the PGA Tour, including The Players Championship, hosted at TPC Sawgrass; the FedEx Cup, with its finale at The Tour Championship at East Lake Golf Club; and the biennial Presidents Cup. The remaining events on the PGA Tour are run by different organizations, as are the U.S.-based LPGA Tour for women and other men's and women's professional tours around the world.

LIV Golf (Wikipedia)


LIV Golf ( LIV) is a professional men's golf tour. The name "LIV" refers to the Roman numerals for 54, the number of holes to be played at LIV events. The first LIV Golf Invitational Series event started on 9 June 2022, at the Centurion Club near St Albans in Hertfordshire, UK. The Invitational Series became the LIV Golf League in 2023.LIV Golf is financed by the Public Investment Fund, the sovereign wealth fund of Saudi Arabia. Some journalists and commentators have said the tour is part of efforts by the Saudi monarchy, which has been criticized for its corruption and human rights abuses, to improve its public image through sports.

PGA Tour Champions (Wikipedia)


PGA Tour Champions (formerly the Senior PGA Tour and the Champions Tour) is a men's professional senior golf tour, administered as a branch of the PGA Tour.

Anthony Kim to Make Golf Comeback in Saudi Arabia; LIV Golf League Targets Hideki Matsuyama


Anthony Kim, a former PGA Tour player, is set to return to professional golf at the LIV Golf League event in Saudi Arabia. Kim, known for his previous successes, will play as a wild card in the individual competition. The league is also eyeing Hideki Matsuyama, the 2021 Masters champion, as a potential recruit. The PGA Tour's relationship with Saudi PIF and LIV Golf remains strained, with LIV Golf aiming to become the leading golf tour globally by attracting top players like Matsuyama.

LIV Golf Chicago (Wikipedia)


The LIV Golf Chicago is a professional golf tournament held at Rich Harvest Farms in Sugar Grove, Illinois, outside of Chicago.The inaugural event was held in September 2022 as part of the LIV Golf Invitational Series, a golf series led by Greg Norman and funded by the Saudi Arabian Public Investment Fund. The 48-player field featured several former major championship including Phil Mickelson, Dustin Johnson, Brooks Koepka, Bryson DeChambeau, Charl Schwartzel, Patrick Reed and Sergio García, and was won by 2022 Open champion Cameron Smith.

PGA Tour team event preview: Top tandems to consider betting on


The PGA Tour's only team event features powerhouse tandems like Rory McIlroy and Shane Lowry, Xander Schauffle and Patrick Cantlay, and Will Zalatoris and Sahith Theegala. The format includes best-ball and alternate shots, with last year's winners shooting 30-under. Top 10 teams in odds include Patrick Cantlay / Xander Schauffele, Rory McIlroy / Shane Lowry, Will Zalatoris / Sahith Theegala, and more. Billy Horschel and Tyson Alexander are a potential under-the-radar duo to watch. Horschel has a strong track record at the event.

2024 PGA Tour (Wikipedia)


The 2024 PGA Tour is the 109th season of the PGA Tour, the main professional golf tour in the United States. It is also the 56th season since separating from the PGA of America, and the 18th edition of the FedEx Cup.

Previewing the Valspar Championship and Other Golf Tournaments


The Valspar Championship at Innisbrook Resort in Florida features top players like Xander Schauffele and Brian Harman, with Jordan Spieth returning to the competition. The Copperhead course provides a unique challenge with wooded areas and undulating terrain. The PGA Tour Champions event in Newport Beach, California, includes past Masters champions in the field. The LPGA Tour kicks off a three-week stretch culminating in the first major of the year. The European Tour starts a five-tournament swing in Asia with the first stop in Singapore.

LIV Golf Jeddah (Wikipedia)


LIV Golf Jeddah is a professional golf tournament sponsored by LIV Golf in Saudi Arabia, held at Royal Greens Golf & Country Club in King Abdullah Economic City, north of Jeddah. It debuted in October 2023. The first two events were also co-sponsored by the MENA Tour.

Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment Loyalty to PGA Tour Pays Off for Players Amid LIV Golf Recruitment

SOURCES

Deadspin

Report: PGA Tour rewards loyalty of Tiger Woods, Rory McIlroy

NY Post

Tiger Woods’ PGA Tour loyalty was worth $100 million as confidential paydays revealed

NY Post

Yahoo! News

Tiger Woods to receive up to $100M equity payment for staying loyal to PGA Tour

Yahoo! News

Daily Mail

Woods 'to receive up to $100M' from PGA Tour as payments are revealed

Daniel Matthews

Fox News

Tiger Woods, Other Star Players Getting Massive Loyalty Payouts From PGA Tour

Fox News

Yahoo! News

Tiger Woods, Rory McIlroy to get PGA Tour loyalty payouts

Yahoo! News

AP News

PGA Tour players learn how much loyalty is worth in new equity program

https://apnews.com/author/doug-ferguson

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Tiger Woods reacts differently to Jon Rahm's $500 million move to LIV Golf compared to Rory McIlroy

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Rory McIlroy denies rumors of move to LIV Golf, reaffirms commitment to PGA Tour

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Wikipedia

PGA European Tour

Wikipedia

Wikipedia

PGA Tour

Wikipedia

Wikipedia

LIV Golf

Wikipedia

Wikipedia

PGA Tour Champions

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Anthony Kim to Make Golf Comeback in Saudi Arabia; LIV Golf League Targets Hideki Matsuyama

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LIV Golf Chicago

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PGA Tour team event preview: Top tandems to consider betting on

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Wikipedia

2024 PGA Tour

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Previewing the Valspar Championship and Other Golf Tournaments

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Wikipedia

LIV Golf Jeddah

Wikipedia