PGA loyalists, not LIV jumpers, set to be rewarded - report

  • 📰 The42_ie
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

Jimmy Dunne, a member of the PGA Tour policy board who helped broker the shocking deal between his group and the Saudi backers of LIV Golf, told ESPN that would be a way to reward players who stayed loyal.

GOLFERS WHO stayed loyal to the US PGA Tour, but not those who jumped to LIV Golf, will receive equity shares in a new for-profit entity, ESPN reported on Friday.

“The new would grow, and the players would get a piece of equity that would enhance and increase in value as time went on,” Dunne told ESPN. Players who left for rich deals with LIV would not be eligible for any equity stake, but have already reaped the benefit of huge money deals with the upstart series.Dunne also said a committee that includes current PGA Tour players would decide on any potential punishments for players who left for LIV but would want to return to the PGA Tour.

Punishments for players would likely be considered on a case-by-case basis for those who departed but seek a return, ESPN said citing unnamed sources, with the 11 players who sued the PGA Tour in US federal court and those who recruited talent to LIV likely to get hit harder than others.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McGinley: PGA deal makes LIV players look like smartest guys in the roomThe former Ryder Cup captain believes Jay Monahan faces a ‘real problem’ to persuade PGA loyalists that they’re not losers in golf’s Saudi deal.
Source: The42_ie - 🏆 5. / 86 Read more »

Pádraig Harrington says ‘sportswashing does work’ as controversy over PGA Tour and Liv merger rumbles on‘Golf gets bashed a lot in the media but the four Irish golfers approached did not go’
Source: IrishTimesSport - 🏆 2. / 99 Read more »

PGA Tour 'could have been in financial turmoil' without LIV merger - Padriag HarringtonPadraig Harrington has said the merger between the PGA Tour and LIV golf is a “huge u-turn” and he believes concerns over the cost of litigation between the parties hastened the deal.
Source: thejournal_ie - 🏆 32. / 50 Read more »

Rory McIlroy says the PGA Tour needs to compensate players who stayed loyalThe PGA Tour and DP World Tour announced a shock merger with LIV Golf on Tuesday
Source: IrishTimes - 🏆 3. / 98 Read more »

Give Me a Crash Course in ... the PGA Tour-LIV Golf mergerDidn’t they hate each other? What changed? And what happens next?
Source: IrishTimes - 🏆 3. / 98 Read more »

9/11 families 'appalled' by PGA's Saudi merger“He’s betrayed us, he’s betrayed our trust, he’s betrayed our request for justice by giving the Kingdom now a larger platform to sportswash.”
Source: NewstalkFM - 🏆 19. / 55 Read more »