{"id":1945315,"date":"2023-06-06T12:22:01","date_gmt":"2023-06-06T16:22:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pga-tour-agrees-to-merger-with-saudi-backed-liv-golf\/"},"modified":"2023-06-06T12:24:02","modified_gmt":"2023-06-06T16:24:02","slug":"pga-tour-agrees-to-merger-with-saudi-backed-liv-golf","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pga-tour-agrees-to-merger-with-saudi-backed-liv-golf\/","title":{"rendered":"PGA Tour merges with Saudi-supported LIV Golf."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpga-tour-agrees-to-merger-with-saudi-backed-liv-golf%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1945315&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>PGA Tour and LIV Golf Merge to Create New Golf Powerhouse<\/h2>\n<p>The PGA Tour and LIV Golf have finally put an end to their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/emails-show-fauci-was-part-of-group-created-to-disprove-lab-leak-theory\/\" title=\"Emails Show Fauci Was Part Of Group Created To \u201cDisprove\u201d Lab Leak Theory\">year-long legal battle<\/a> by merging into a new, as-of-yet unnamed company. The deal, which also includes DP World Tour, will create a for-profit company that will benefit golf&#8217;s players, commercial and charitable partners, and fans.<\/p>\n<blockquote>\n<p>\u201cAfter two years of disruption and distraction, this is a historic day for the game we all know and love,\u201d said PGA Tour Commissioner Jay Monahan.<\/p>\n<\/blockquote>\n<p>The PGA Tour&#8217;s dominance was challenged in 2021 when retired golfer Greg Norman, with funding from the Saudi Arabia Public Investment Fund (PIF), hosted LIV&#8217;s first tournament. The PGA Tour initially dismissed LIV out of hand, not allowing any golfer who participated in LIV to continue in the PGA tour. However, LIV slowly began picking off some of the biggest stars in golf to join their league, thanks to the PIF&#8217;s $2 billion reserve.<\/p>\n<blockquote>\n<p>LIV picked off stars like Phil Mickelson ($200 million), Dustin Johnson ($100 million), and Bryson DeChambeau ($100 million) without having to win or even qualify for a single tournament, leaving even more money on the table.<\/p>\n<\/blockquote>\n<p>The PGA Tour suspended 17 golfers from the tour for participating in LIV Golf, kicking off a year of lawsuits between the two golf juggernauts. However, with the merger, all lawsuits have been dropped, and the only remaining threat is a DOJ antitrust investigation into the PGA, which will be complicated by the merger.<\/p>\n<h3>The Future of Golf<\/h3>\n<p>The merger will push golf into the future and give fans the best experience, according to Monahan.<\/p>\n<blockquote>\n<p>\u201cGoing forward, fans can be confident that we will, collectively, deliver on the promise we\u2019ve always made \u2013 to promote competition of the best in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-president-trump-gives-pardons-to-73-individuals-and-commutes-another-70-sentences-steve-bannon-is-included\/\" title=\"BREAKING: President Trump Gives Pardons to 73 Individuals and Commutes Another 70 Sentences \u2013 Steve Bannon Is Included\">professional golf<\/a> and that we are committed to securing and driving the game\u2019s future,\u201d Monahan said.<\/p>\n<\/blockquote>\n<p>With the merger, the PGA Tour and LIV Golf have created a new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pga-tour-agrees-to-merger-with-saudi-backed-liv-golf\/\" title=\"PGA Tour merges with Saudi-supported LIV Golf.\">golf powerhouse<\/a> that will benefit everyone involved in the sport. It&#8217;s an exciting time for golf, and fans can&#8217;t wait to see what the future holds.<\/p>\n<ul>\n<li>PGA Tour and LIV Golf merge to create new golf powerhouse<\/li>\n<li>Deal includes DP World Tour<\/li>\n<li>Merger will benefit players, partners, and fans<\/li>\n<li>Legal battle between PGA Tour and LIV Golf ends<\/li>\n<li>DOJ antitrust investigation into PGA Tour remains<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>entity. The merger ends a year-long legal battle and competition for top golfers. The PGA Tour, LIV Golf, and DP World Tour will merge into a new, unnamed, for-profit company.<\/p>\n","protected":false},"author":1593,"featured_media":1945316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[11583,10826,28416,17511,26121,12074],"class_list":["post-1945315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-golf","tag-liv","tag-merges","tag-pga","tag-saudi-supported","tag-tour"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1945315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1945315"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1945315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1945316"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1945315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1945315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1945315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}