Ending years of rancor and legal disputes, the PGA Tour has agreed to merge with Saudi-backed LIV Golf. In a joint statement, the two organizations declared it “a landmark agreement to unify …
In a joint statement, the two organizations declared it “a landmark agreement to unify the game of golf, on a global basis.”
That’s a sharp turn from the rhetoric after the two had filed dueling antitrust suits, with the upstart LIV maintaining that the decades-old PGA had engaged in anticompetitive practices. The PGA had objected to LIV coming into its turf and luring talent away with hefty payouts. The merger will have major implications for golf’s media partners. The CW, now run by Nexstar Media Group, picked up rights to LIV starting this year as its first live sports programming. The PGA is in business with Disney/ESPN, NBCUniversal and Paramount, all of which took a pass on LIV rights when they became available upon the circuit’s launch in 2022.’s sovereign wealth fund, LIV set out to disrupt the sport of golf and use it as a promotional platform.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
PGA Tour agrees to merge with Saudi-backed rival LIV GolfThe PGA Tour has agreed to merge with LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf enterprise.
Leer más »
PGA Tour announces landmark merger with Saudi-backed LIV GolfLIV Golf and the PGA Tour have reached an agreement that would merge both circuits, commissioner Jay Monahan said.
Leer más »
Golf World Stunner: PGA Tour to Merge With Saudi-Backed LIV Golf LeagueThe PIF will help finance a new for-profit entity that will house the PGA and LIV.
Leer más »
PGA Tour, Europe to merge with Saudi-backed LIV Golf, ending litigationAs part of the deal, the sides are dropping all lawsuits involving LIV Golf against each other effective immediately.
Leer más »
PGA Tour to merge with Saudi-backed LIV Golf under single ownershipThe PGA Tour has announced it will be merging operations under a single owner with its rival, |the Saudi-backed LIV Golf, as well as the DP World Tour.
Leer más »