PGA Tour Commissioner Optimistic About LIV Golf Saudi PIF Agreement
PGA Tour Commissioner Jay Monahan provided updates on the tour's framework agreement with the Saudi Arabian Public Investment Fund (PIF), expressing confidence in reaching a deal. The agreement aims to unite professional golf and create an investable entity for PIF. Specific details were not disclosed, but discussions with PIF occur weekly, and the focus is on striking an agreement before the end of 2023. The future of professional golf beyond 2024 remains uncertain.