In a shocking and historic move, the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund have agreed to a merger that will see the PIF’s golf-related business (LIV Golf) combine with the other tours in what is being described as “a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players.”
– Kyle Porter, CBS Sports Writer
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