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EXPLAINED: 4 - The Real Truth

PGA Tour strikes a $3 billion deal with a sports owners investment group

The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.

WEKU

PGA Tour pros, fans and media react to PGA Tour and Strategic Sports Group $3 billion deal

The landscape of golf is changing.

USA Today Sports Media Group

PGA Tour Confirms $3 Billion Investment - But The Saudi PIF Isn’t Involved (Yet)

The historic deal is set to give PGA Tour players the chance to collectively access $1.5 billion in equity shares, while investment from the Saudi PIF may still arrive in the future as the men's pro game aims for some kind of unity

Golf Monthly

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Strategic Sports Group, PGA Tour finalize $3 billion investment deal to create PGA Tour Enterprises

SSG will initially invest $1.5 billion into the new for-profit entity.

USA Today Sports Media Group

PGA Tour 'Close' To Securing $3 Billion Investment Deal That Does Not Initially Include Saudi Public Investment Fund

Strategic Sports Group are set to make a significant investment in the PGA Tour that could push the value of PGA Tour Enterprises up to around $12 billion

Golf Monthly

LIV Golf fumbled the Jon Rahm signing, stalling its momentum for 2024 season

LIV squandered an opportunity to take a much-needed step forward.

USA Today Sports Media Group

Meet the Strategic Sports Group investors, PGA Tour and Saudi PIF executives vying for a place in pro golf’s future

Both tours, the SSG and PIF have an unprecedented opportunity to reshape professional golf as we know it.

USA Today Sports Media Group

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Outgoing DP World Tour CEO Keith Pelley calls out PGA Tour’s lack of global vision

"I’ve believed that we should unify and all work together. I’ve believed that for years,” said Pelley.

USA Today Sports Media Group

What’s next: Breaking down the impact of extending PGA Tour, Saudi PIF and investor negotiations

The PGA Tour and Saudi Arabia's Public Investment Fund missed their agreement deadline. So … now what?

USA Today Sports Media Group

PGA Tour Confirms Talks With Strategic Sports Group As PIF Merger Deadline Nears

A memo released by the PGA Tour claimed that the circuit has 'agreed to further negotiate with Strategic Sports Group', as the deadline with the PIF at the end of December draws closer

Golf Monthly

PGA Tour’s Jay Monahan updated players in a memo on Monday’s final board meeting of 2023. Here’s what it said

The commish gave an update on negotiations with PIF and the DP World Tour.

USA Today Sports Media Group

Former PGA Tour pro known as ‘The Lil Commish’ pens open letter to membership

Joe Ogilvie wants the PGA Tour membership to understand the unique position they are in.

USA Today Sports Media Group

Tom Watson Seeks Answers On Golf's Merger In Letter To Monahan And PGA Tour Board

The eight-time Major winner has penned an open letter to PGA Tour commissioner Jay Monahan raising his concerns on the move

Golf Monthly

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