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International Business Times
International Business Times
Sport
AFP News

Top Players To Get Bulk Of Equity In New PGA Tour Venture: Reports

PGA Tour Tour Jay Monahan Golf Jon Rahm ESPN SSG United States
Masters champion Jon Rahm moved from the PGA Tour to LIV Golf in December despite merger talks between the two tours. (Credit: AFP)

The PGA Tour's new for-profit entity will dish out over 80% of the initial $930 million of player equity grants to its top 36 golfers, according to a leaked memo reported by US media on Wednesday.

ESPN and Golf Digest both reported the contents of the memo from PGA Tour commissioner Jay Monahan, which had been distributed to players.

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