The PGA Tour, European tour and Saudi Arabia’s sovereign wealth fund say they will combine their commercial businesses into a new company with hopes of unifying golf. The details create as many questions as answers.
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LIV Golf is a rival league funded by the Saudi Arabia sovereign wealth fund that has tried to reinvent the structure of professional golf with 48-man fields, no mid-tournament cuts and up to $25 million in prize money. There also is a team component. The league is run by Greg Norman, a former PGA Tour star who tried nearly 30 years ago to create a world tour. LIV Golf lured away 13 former major champions, including Phil Mickelson and Dustin Johnson, who then were suspended by the PGA Tour.
Rory McIlroy accused LIV defectors of “taking the easy way out” and Tiger Woods said they “turned their backs” on the tour that made them famous. It also caused a great divide in golf because LIV players were not allowed to play on the PGA Tour. Now they are angry over the notion LIV players might return without consequences.
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