PGA Tour hits back at LIV with increased prize money, new events - BusinessWorld Online

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PROFESSIONAL Golfers’ Association Tour commissioner Jay Monahan accused the Saudi-back LIV Invitational Series of attempting to buy the game of golf on Wednesday then went on the offensive, unveiling larger purses, new events and a different calendar.

Speaking at the Travelers Championship in Cromwell, Connecticut, Monahan conceded that the PGA Tour cannot compete with the LIV Series when it comes to cash but upped the ante announcing it would increase purses at eight events during the 2022-23 season to an average of $20 million.

Six-times major winner Phil Mickelson, according to media reports, got a $200-million appearance deal to sign on with the rebel circuit and former Masters champion Dustin Johnson $125 million. LIV Golf CEO and former world number one Greg Norman has said the new series offers players “free agency” and fans an exciting new way of watching golf.

 

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