Monday, October 3, 2022

Monahan on PGA Tour’s Future

Jay Monahan has never faced a more tumultuous time as PGA Tour commissioner.

More than two dozen PGA Tour members have defected to the LIV Golf circuit, which is being fronted by two-time Open Championship winner Greg Norman and funded by Saudi Arabia’s Public Investment Fund.

The PGA Tour is currently facing a federal antitrust lawsuit from LIV Golf and three of its players alleging it illegally suspended them for competing in LIV Golf events and is using its monopoly power to squash competition. The U.S. Department of Justice has also opened an investigation into allegations that the PGA Tour is a monopoly.

The PGA Tour responded to the threat by raising its purses for 12 elevated events, which will have average purses of $20 million, to go along with the $25 million Players Championship. The tour’s top players have committed to play in 20 events starting this season.

Monahan sat down with ESPN for an exclusive interview before last week’s Presidents Cup at Quail Hollow Club.

Read the full interview at ESPN.com.

The post Monahan on PGA Tour’s Future appeared first on Falcon Crest Golf Course.

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