PHIL MICKELSON, Bryson DeChambeau and nine other players who defected to the Saudi-funded LIV Golf filed an antitrust lawsuit Wednesday against the Professional Golfers Association Tour, the first step in a legal fight that could define the boundaries of where players can compete.
is the primary source of the money paying exorbitant signing bonuses and providing $25 million purses for 48-man fields. Several players are in their 40s and no longer ranked among the top 50 in the world.“We have been preparing to protect our membership and contest this latest attempt to disrupt our tour, and you should be confident in the legal merits of our position,” Monahan wrote.
Its CEO, Greg Norman, has said LIV Golf would be willing to financially support any legal matters. Last month, four European tour players won a temporary stay from a U.K. judge that allowed them to play in the Scottish Open. It also claims the tour’s threats to ban players ultimately forced LIV Golf to pay more in signing bonuses to get the players it wanted, and forced the rival league to change its startup plans to only eight events this year. LIV Golf announced a “The Tour’s conduct has substantially diminished and impaired the entry of the promoters that could meaningfully threaten the PGA Tour’s monopoly, which has stood unchallenged for decades,” the lawsuit contends.
Source: Law Daily Report (lawdailyreport.net)
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