The PGA Tour, LIV Golf and DP World Tour, the operator of the European Tour, have agreed to merge into a single, for-profit entity that is likely to transform the world of men’s golf, the tours jointly announced on Tuesday.
The agreement puts an end to the pending litigation between the legacy tours and the Saudi-backed LIV league that would have gone to court in California next year, and it caps the end of a saga that had caused turmoil and ill-will in the sport for close to two years.
