PGA Tour commissioner Jay Monahan and PIF Governor Yasir Al-Rumayyan sat down for a joint interview on CNBC Tuesday morning to discuss the merger news that rocked the golf world.
After years of turmoil between LIV Golf and the PGA Tour, the two entities, along with the DP World Tour, have announced a new yet-to-be-named entity that would combine PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA Tour and DP World Tour into a collectively owned, for-profit enterprise. Monahan called it a historic day.
