All PGA Tour articles
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News briefsFamous non-golfers among PGA Tour Enterprises’ investors
As we have been reporting, the PGA Tour struck a deal with the consortium known as Strategic Sports Group (SSG) to found PGA Tour Enterprises in January and disclosed the member of the venture’s board of directors earlier this month. The PGA Tour has now confirmed a piece in the ...
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News briefsPGA Tour Enterprises unveils board of directors, with Tiger Woods as Vice President
PGA Tour Enterprises, the recently established commercial venture under PGA Tour’s control, has unveiled the names in its 13-member board of directors, effective immediately. The new board comprises six current PGA Tour players-directors – Patrick Cantlay, Peter Malnati, Adam Scott, Webb Simpson, Jordan Spieth and Tiger Woods – as well ...
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ArticleDone deal: PGA Tour announces investment agreement with Strategic Sports Group
It’s official. After weeks of speculation, the PGA Tour has announced a partnership with the Strategic Sports Group (SSG), a consortium of investors and sports franchise owners, to infuse $3 billion into the Tour. This agreement will establish PGA Tour Enterprises, a commercial venture under PGA Tour’s control. Players will ...
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News briefsPGA Tour nears $3 billion deal
According to Bloomberg, the PGA Tour is on the verge of finalizing a massive deal with Strategic Sports Group (SSG) that could generate $3 billion for the PGA Tour. The deal has nothing to do with Saudi Arabia’s PIF and is unrelated to LIV or the DP World Tour. SSG, ...
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ArticleA review of pro golf’s pending big deal
According to Front Office Sports, the CEOs of two major golf leagues are stepping down, namely Keith Pelley of the DP World Tour (the former European Tour) and Martin Slumbers of the R&A, the sport’s governing body in the UK and operator of the Open Championship. Pelley will be replaced ...
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News briefsPGA Tour and LIV Golf extend merger deadline into 2024
A framework agreement between the PGA Tour and the Saudi Arabia-backed LIV Golf league for the men’s golf circuits to merge was announced on June 6, and the two parties had originally set Dec. 31, 2023, as the deadline for the conclusion of the deal. Merger talks have now been ...
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News briefsNetflix will host its first-ever live sporting event this autumn
Netflix has announced plans to stage The Netflix Cup, its first-ever live sports event. Scheduled for this autumn, The Netflix Cup will be a celebrity golf tournament featuring athletes from Netflix sports docuseries Formula 1: Drive to Survive and Full Swing. The event will be held at ...
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News briefsCallaway and Jon Rahm sign extension that includes equity stake
Callaway Golf and Spanish pro golfer Jon Rahm have announced a new long-term partnership extension. Rahm, who currently leads the PGA Tour with four wins in 2023, joined Callaway in 2021. The extension includes an “equity position” for Rahm in Topgolf Callaway Brands. Rahm will continue to use Callaway and ...
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News briefsU.S. Senator opens investigation into PGA Tour merger
The PGA Tour, DP World Tour and Saudi-backed Public Investment Fund (PIF) announced on June 6 an agreement “to unify the game of golf on a global basis,” as we reported earlier. Connecticut Senator Richard Blumenthal has now opened an inquiry into the merger in his capacity as chairman of ...
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ArticlePGA Tour, DP World Tour and LIV Golf merge into new commercial entity
The PGA Tour, DP World Tour and Saudi-backed Public Investment Fund (PIF) have announced a “landmark agreement to unify the game of golf on a global basis.” The transformational agreement combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA Tour ...
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News briefsDP World Tour and PGA Tour partner with Professional Golf Tour of India
DP World Tour and PGA Tour have jointly announced a new strategic partnership with the TATA Steel Professional Golf Tour of India (TATA Steel PGTI). The agreement includes a commitment to developing golf in India and a pathway for the country’s best players to reach the top levels of the ...
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News briefs
PGA Tour announces multi-year partnership with Nobull as official training apparel and footwear
The PGA Tour and Nobull have announced a new multi-year partnership that designates Nobull as the “Official Training Apparel and Footwear of the PGA Tour and PGA Tour Champions” and the umbrella sponsor of PGA Tour Active through 2027. Nobull products will be available to players at tournaments throughout the ...
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News briefs
The 2021 season of the Chinese PGA Tour has been cancelled
The PGA Tour has confirmed the cancellation of the 2021 season of the PGA Tour Series in China amid uncertainty due to the Covid-19 pandemic. The organization considered that the ongoing issues with the pandemic in Asia were “too difficult to overcome.” Meanwhile, the Mackenzie Tour in Canada and the ...
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News briefs
European Tour and PGA Tour unite
The European Tour and the PGA Tour have announced a “Strategic Alliance” for golf competitions, covering tournament scheduling, prize funding, media rights and commercial matters. The PGA Tour will be acquiring a minority stake in the European Tour’s media production company, European Tour Productions, and the PGA Tour’s commissioner, Jay ...
