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PGA Tour Takes Step In Negotiations With Saudi Wealth Fund

PGA Tour commissioner Jay Monahan speaks during the second round of The Players Championship golf tournament Friday, March 15, 2024, in Ponte Vedra Beach, Fla. (AP Photo/Lynne Sladky)

The PGA Tour recently initiated discussions with Saudi Arabia's national wealth fund, marking a significant development in the world of professional golf. Commissioner Jay Monahan characterized the meeting as 'constructive,' signaling a potential shift in the landscape of the sport.

Player directors from the PGA Tour Enterprises board engaged in talks with Yasir Al-Rumayyan, the governor of the Public Investment Fund that supports rival LIV Golf. Notably, this meeting included prominent figures such as Tiger Woods, who played a round of golf with Al-Rumayyan during the discussions.

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