PGA Tour forced into LIV merger due to Saudi funds, says commissioner

PGA Commissioner Jay Monahan reportedly told employees that the tour could not compete with the Saudi Arabian Public Investment Fund's unlimited funds, which led to the merger with LIV Golf. The PGA had already spent $50 million in legal fees and earmarked another $100 million for higher purses in its tournaments. The merger ends all pending litigation involving the PGA, LIV, and DP World Tour. Despite the PGA's superstars remaining loyal to the tour, Monahan not only merged with the PGA's former rival, but the PIF will also be contributing a significant financial investment in the deal.