PGA News
7 Things We Learned from Leaked PGA Tour-Saudi PIF Agreement
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PGA Tour holds marathon 5-hour player meeting over PIF-Saudi deal. It’s hard to top the shock value of the merger itself, but here are 7 other MOST astonishing revelations from the deal. Honestly, it’s still quite unclear how, or even IF it will all go down. As of right now…Here’s what we know.
Twenty days after the shocking announcement of a “framework agreement” between the PGA Tour and the Saudi Arabian Public Investment Fund, confidential copies of the deal became public Monday night. The document, which was first reported on by The Athletic and No Laying Up and also obtained by GOLF.com, was sent to Congress Monday evening, ahead of the July 11 Senate hearing on the proposed partnership.
According to the five-page accord, which was signed May 30, the proposed company — temporarily named NewCo — “will be the entity for professional golf,” but for the time being the PGA Tour, DP World Tour and LIV Golf will coexist. The PGA Tour will maintain its powerful position atop the men’s professional golf world, its costly litigation now nullified while forging an uncertain future that could see Tour members and LIV golfers regularly competing in the same tournaments.
Importantly, this is all part of an initial agreement, only parts of which are legally binding. “Definitive Agreements” are cited throughout the deal that these once-warring sides hope to ratify. The document has been shared with Congress because the entire proposal is under investigation by both the U.S. Senate and the Department of Justice. A hearing is scheduled for July 11, which the PGA Tour has said it plans to attend. LIV Golf declined to comment when asked if it would be in attendance, and the PIF did not respond to an inquiry about its intentions.
LIV Golf and the PGA Tour were embroiled in multiple lawsuits throughout 2022 and early ’23, one of them focused on alleged anticompetitive practices of the PGA Tour. For a major market shareholder to suddenly merge its business interests with its primary competitor(s) is a move we’ve seen in other pro sports, but that still garners close attention from U.S. lawmakers. This proposed partnership, because it involves the DP World Tour, is also likely to face investigation from European regulators.
Key Details:
1. One through-line of the document, as previously reported by GOLF.com, are clauses that ensure power for the PGA Tour. The PIF is making an investment and bringing its golf assets to the table — one of which is LIV — but the PGA Tour will maintain voting control of the NewCo board. Additional investment from the PIF — and/or actions under its right of refusal on new capital raised — will not increase its presence beyond a non-controlling voting interest.
2. LIV Golf’s future, as well as that of team golf, is unclear. It’s not dead, but it’s certainly not guaranteed to survive, either. When PGA Tour commissioner Jay Monahan repeatedly mentioned an “empirical evaluation” would take place on the prospects of LIV Golf, he was simply quoting the agreement:
“NewCo will be provided access to all information requested to facilitate this evaluation and assessment … so that the NewCo Board, with the recommendation of its [CEO] Jay Monahan, will determine the ongoing plan and strategy regarding all NewCo operations…”
In other words, Monahan will hold many cards. Jimmy Dunne and Ed Herlihy — both proposed members of the NewCo executive committee — would also possess much influence. Will they want LIV Golf to exist as it currently does? Monahan said himself that is unlikely. Could the league be repackaged as the PGA Tour’s own version of team golf? That’s plausible. The agreement states that the parties “will make a good faith assessment of the benefits of team golf…and determine how best to integrate team golf into PGA Tour and DP World Tour events going forward.”
3. Players who left for LIV Golf would be allowed to return but with specific qualifiers. For starters, no players will be allowed back before the 2023 season plays out. (Also, for the time being, no players will be recruited to play for LIV teams.) More important, the PIF, PGA Tour, and DP World Tour will be setting “fair criteria and terms of readmission consistent with each Tour’s disciplinary policies.” That likely means that different players who left at different times and in different ways — i.e. departed mostly silently or went so far as to recruit other players — will be dealt different terms for reinstatement. Phil Mickelson, for example, was one of the first players officially suspended by the PGA Tour, in March 2022, when he worked to recruit players to join LIV, according to court documents.
4. The words “good faith” are used throughout the agreement, but perhaps most important in regards to the Official World Golf Ranking: “The parties will cooperate in good faith and use best efforts to secure OWGR recognition for LIV events and players under OWGR’s criteria for considering LIV’s application.” LIV events have not received world ranking points since its inception, which has caused the world ranking for each of its commitments to fall as a result, and caused great consternation among the upstart league’s strongest supporters. The only player whose ranking has risen since joining LIV was Brooks Koepka, who played well in major championships in 2023. The agreement seems to state that LIV events could earn ranking points in the future, but no details have been finalized beyond that.
5. Pending approval and the various investigations, the PIF would become a corporate partner of the PGA Tour and DP World Tour, wherein the three sides would “identify a high profile event for which the PIF or its designee(s) will make a financial investment to serve as title sponsor.”
The PIF is already a title sponsor of Saudi International, which is now in its fifth year. The event was initially sanctioned by the DP World Tour but in recent years was rebranded “PIF Saudi International powered by Softbank Investment Advisors” and on the Asian Tour schedule. The agreement seems to make it not just possible but likely that we could see a PIF-sponsored event on the PGA Tour schedule.
6. The PGA Tour Policy Board will have a PIF-appointed member. We already knew this was coming — PIF governor Yasir Al-Rumayyan is set to join the board, as part of the initial announcement — but the wording in the agreement portends that perhaps another PIF executive could take Al-Rumayyan’s place. The deal nonetheless creates an 11th seat on the board, which currently includes five PGA Tour players and five independent directors. The board has never once blocked a decision that was unanimously approved by its player directors, but it is unclear if Al-Rumayyan’s inclusion would trigger adding a sixth player director for balance.
7. There’s still much to be decided. That’s the understatement of the century, however, a stipulation of the document states that the contents of it will remain until (a) the Definitive Agreements are signed, (b) an extension is agreed to, or (c) Jan. 1, 2024, arrives.
HERE IS THE BOTTOM LINE – If neither A nor B above takes place, the agreement between the PGA Tour and PIF will be terminated.
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For amateur golfers seeking to enhance their game, stay updated on golf news, or simply enjoy engaging discussions, podcasts offer a convenient and informative medium. Based on recommendations from reputable sources and golf communities, here are some top golf podcasts tailored for non-professional enthusiasts:
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Hosted by CBS commentator Mark Immelman, this podcast features weekly interviews with instructors, coaches, players, and other golf experts. With over 700 episodes, it provides in-depth discussions aimed at helping golfers improve their skills.
A favorite among golf enthusiasts, No Laying Up offers a mix of tour coverage, player interviews, and discussions on various golf topics. It’s known for its insightful commentary and engaging content.
Featuring European Tour player Eddie Pepperell, this podcast provides a blend of tour insights and personal experiences, offering listeners a unique perspective on the professional golf scene.
This podcast chronicles the journey of two amateur golfers striving to achieve a scratch handicap. It’s relatable for many non-professional players and offers both entertainment and insights into the challenges of improving one’s game.
Hosted by golf coach Mark Crossfield, this podcast delves into various aspects of the game, from equipment reviews to swing techniques, providing practical advice for amateur golfers.
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Hosted by Rick Shiels, a former golf teaching professional from Bolton, this podcast covers a wide range of topics, including equipment reviews, interviews with golf personalities, and discussions on current events in the golf world.
Hosted by popular golfer Andrew “Beef” Johnston and comedian John Robins, this podcast offers a light-hearted take on the game, discussing various golf topics and sharing personal anecdotes.
This podcast explores the highs and lows of being a golf enthusiast, sharing stories and experiences that many amateur golfers can relate to.
Featuring instructors Mark Crossfield, Greg Chalmers, and Lou Stagner, this podcast discusses various aspects of the game, offering insights and tips to help golfers improve.
Hosted by Peter Finch, this podcast features discussions with various guests, covering a wide range of golf-related topics, from equipment to personal experiences.
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These podcasts offer a variety of content tailored to amateur golfers, from instructional advice to entertaining discussions. Whether you’re looking to improve your game or simply enjoy golf-related conversations, there’s likely a podcast on this list that suits your interests.
Blog
Unique Football & Golf Parlays For The Weekend!
Have fun with Super Bowl and WM Phoenix Open combo bets!
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As the excitement builds for Super Bowl LIX between the Kansas City Chiefs and the Philadelphia Eagles on February 9, 2025, in New Orleans, and the WM Phoenix Open taking place from February 6-9 at TPC Scottsdale, sports enthusiasts have a unique opportunity to combine their passion for football and golf through parlay betting.
Super Bowl LIX Betting Lines
As of February 7, 2025, the betting lines for Super Bowl LIX are as follows:
- Point Spread: The Kansas City Chiefs are favored by 1.5 points over the Philadelphia Eagles.
- Over/Under Total Points: The total points scored by both teams is set at 49.5.
- Coin Toss: Heads (-105) or Tails (-105)
- First Touchdown Scorer: Travis Kelce (+600), A.J. Brown (+800), Patrick Mahomes (+2000)
WM Phoenix Open Betting Odds
The WM Phoenix Open features a competitive field with the following notable odds:
- Scottie Scheffler: 3-1
- Sam Burns: 22-1
- Nick Taylor: 55-1
- Sungjae Im: 22-1
- Jake Knapp: 125-1
- Hole-in-One Prop Bet: Yes (+120), No (-150)
Fun Parlay Betting Combinations
Here are some intriguing parlay combinations that blend outcomes from both the Super Bowl and the WM Phoenix Open, along with their potential payouts on a $100 bet:
- Favorites Parlay:
- Super Bowl: Kansas City Chiefs to cover the 1.5-point spread (-110).
- Golf: Scottie Scheffler to finish in the top 5 (-150).
- Coin Toss: Heads (-105).
- Parlay Odds: +450
- Payout: $100 bet wins $450.
- Underdog Upset Parlay:
- Super Bowl: Philadelphia Eagles to win outright (+120).
- Golf: Nick Taylor to finish in the top 10 (+500).
- Hole-in-One: Yes (+120).
- Parlay Odds: +1300
- Payout: $100 bet wins $1,300.
- High-Scoring and High-Performance Parlay:
- Super Bowl: Total points over 49.5 (-110).
- Golf: Sam Burns to finish in the top 5 (+450).
- First Touchdown Scorer: A.J. Brown (+800).
- Parlay Odds: +2500
- Payout: $100 bet wins $2,500.
- Longshot Parlay:
- Super Bowl: Philadelphia Eagles to win by more than 7 points (+275).
- Golf: Jake Knapp to finish in the top 10 (+1100).
- First Touchdown Scorer: Patrick Mahomes (+2000).
- Parlay Odds: +7500
- Payout: $100 bet wins $7,500.
- Quick Thrill Parlay:
- Coin Toss: Tails (-105).
- First Touchdown Scorer: Travis Kelce (+600).
- Hole-in-One: Yes (+120).
- Parlay Odds: +1400
- Payout: $100 bet wins $1,400.
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Combining bets from the Super Bowl and the WM Phoenix Open can add an extra layer of excitement to your sports weekend. Remember to bet responsibly and enjoy the thrill of the game!
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Spanning over half a century, the AT&T Pebble Beach Pro-Am has undergone changes in latitude as well as attitude. But the core of the tournament remains not only the exceptional golf by the world’s best players, but also the lore surrounding each yearly winter extravaganza.
Wyndham Clark made history at the 2024 AT&T Pebble Beach Pro-Am. Tied for 23rd heading into Saturday’s third round, he ended the day in first place with a 12-under 60, setting the course record for the lowest score ever at Pebble Beach Golf Links.
In 2017, Justin Rose & Justin Timberlake collaborated on one of the most unique moments in AT&T Pebble Beach Pro-Am history. While JR took a selfie, JT nearly made an ace on the iconic par-3 7th ultimately leading to a tap-in birdie.
Always a fan favorite and one of the best entertainers Pebble Beach has ever seen, check out Bill Murray’s best shots and funniest moments from his career at the AT&T Pebble Beach Pro-Am.
Signature moments from the five U.S. Opens that were held at Pebble Beach (Calif.) Golf Links, site of the 2019 championship.
Perhaps remembered best for a hole out at the par-4 15th hole, Tiger Woods came back from a 5-shot deficit to move past 54-hole co-leaders Mark Brooks and Matt Gogel and claim victory at the 2000 AT&T Pebble Beach Pro-Am.
Iconic courses, iconic golfers. See you at the 2025 AT&T Pebble Beach Pro-Am, returning for its second year as a PGA TOUR Signature Event.
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