Tiger Woods has been selected as the sole player on a five-member subcommittee tasked with negotiating with the Public Investment Fund as part of the PGA Tour's efforts to strike a deal with Saudi backers of LIV Golf. Woods, who joined the PGA Tour board in August, holds a unique position as the sixth player-director with no term limits.
The newly formed 'transaction subcommittee' on the board of PGA Tour Enterprises will oversee day-to-day negotiations with the PIF seeking to become a minority investor. Joining Woods on the subcommittee are PGA Tour Commissioner Jay Monahan, board chairman Joe Gorder, John W. Henry of Fenway Sports Group, and Joe Ogilvie, a former tour player appointed as a director liaison in March.
