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PLAYERS who stayed loyal to the Professional Golfers Association (PGA) Tour amid lucrative recruitment by Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth. The PGA Tour on Wednesday began contacting the 193 players eligible for the $930 million from a “Player Equity Program” under…
Players who stayed loyal to the PGA Tour in the divide with Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth
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Players who stayed loyal to the PGA Tour amid lucrative recruitment by Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth.
The PGA Tour plans to make $750 million of initial grants from its new cash-flush PGA Tour Enterprises to 36 top players determined by their career, their last five years on tour and how much attention they have brought to golf. Commissioner Jay Monahan said in a memo to players Wednesday that $180 million from the $1.5 billion investment of Strategic Sports Group would go to players based on a three-year performance, all other players and 36 “legends” who helped build the PGA Tour. The equity owners was a key component of the deal announced last week with SSG — a consor...