PGA Tour Commissioner Jay Monahan giving a congratulatory speech at the Tour Championship awards ceremony.
Finally, the players took collective action.
The PGA Tour Policy Board, which is negotiating a partnership with Saudi Arabia's sovereign wealth fund (PIF) including the merger of LIV Golf, recently received a letter signed by 21 PGA Tour players.
Attorney Jacob Buchdahl, who represented the players, said in the letter, “We requested information about an investment proposal that could change the structure of the PGA Tour and have a significant impact on the lives and livelihoods of hundreds of PGA Tour players.” It was revealed to Golf Week on Sunday (Korean time).
The letter also requested, “Disclose the process that has taken place so far and will continue, and what benefits and losses both sides will see.”
In particular, he expressed dissatisfaction, saying, “Most players, except for a few, have no idea about the contents of this negotiation or the impact it will have on the players.”
In short, it is a request to be more transparent and reveal more about the details of the negotiations with the PIF.
Negotiations have been ongoing since the PGA Tour and PIF announced last June that they had begun partnership negotiations to join hands with PIF to create a new corporation. The negotiations also include a plan to merge LIV Golf with the PGA Tour.
Recently, it was announced that a sports investment group had decided to participate in the negotiations, but the progress of the negotiations is still in the fog.
With negotiations sluggish, LIV Golf announced next year's schedule and then removed Jon Lam (Spain), who had been supporting the PGA Tour.
The players who collectively rebelled this time are mid- to low-ranking players who were excluded from the popularity bonus introduced by the PGA Tour to compete against LIV Golf and the special designated tournament that limits the number of players participating.
Koreans such as James Hahn, Chez Libby, Scott Piercey, Lanto Griffin, and Danny Willett were named. 19가이드03
