![]() "I think you'd have to be living under a rock not to know there are significant implications," Monahan said during the interview. The statement referred to when Monahan said during an interview with CBS Sports that he had discussed these controversies with tour players. ![]() Our entire 9/11 community has been betrayed by Commissioner Monahan and the PGA as it appears their concern for our loved ones was merely window-dressing in their quest for money – it was never to honor the great game of golf." "PGA Tour leaders should be ashamed of their hypocrisy and greed. They do now – as does he," said 9/11 Families United Chair Terry Strada, whose husband Tom died in the World Trade Center's North Tower. Monahan talked last summer about knowing people who lost loved ones on 9/11, then wondered aloud on national television whether LIV Golfers ever had to apologize for being a member of the PGA Tour. The group 9/11 Families United said they were "shocked and deeply offended" by the merger in a statement on Tuesday. ![]() officials that Saudi nationals helped fund the terrorist group al-Qaeda, although investigations didn't find that the Saudi officials were complicit in the attacks. 11 were from Saudi Arabia, and Osama Bin Laden, the mastermind behind the attacks, was born in the country. 11, 2001, terrorist attacks have protested the league, including outside of events. PIF has reportedly invested $2 billion into LIV already, and had aspirations of creating franchises and teams that could one day be sold.Ĭritics of LIV have also accused PIF of "sportswashing" by using the league to distract from the kingdom's history of human rights violations.įamily members of those who perished in the Sept. LIV Golf, which launched in 2022 and has been spending top dollar to lure golfers, has also been the subject of controversy, criticism and political intrigue in the U.S. The deal comes soon after LIV golfer Brooks Koepka won the PGA Championship, one of four major titles in men's golf.Īs part of the agreement, the groups will establish "a fair and objective process for any players who want to re-apply for membership with the PGA Tour or DP World Tour" following the end of the 2023 season, according to a release. On Tuesday, Mickelson tweeted, "Awesome day today" as part of a post sharing the news of the merger. The lawsuits were spurred as the upstart league had lured multiple high-profile players, such as Phil Mickelson and Bubba Watson, from the PGA Tour after the tour had banned the players from competing in LIV's events. Disputes ensued regarding the discovery process for evidence. The tour countersued, claiming LIV was stifling competition. LIV Golf sued The PGA Tour alleging anti-competitive practices for banning its players. The two organizations had filed a series of antitrust claims against the other in recent months. Still, he acknowledged Tuesday on CNBC that there has been a lot of tensions between the two organizations, but said "the game of golf is better for what we've done today." Monahan said the tour looked at the game of golf "on a global basis," as its seen more growth in the sport outside of the U.S. Monahan also acknowledged the shock and anger triggered by the deal's announcement, saying a meeting with PGA Tour players was "intense" and "heated." Deal talks started about seven weeks ago, he said later Tuesday. "There is much work to do to get us from a framework agreement to a definitive agreement, but one thing is obvious: through this transformational agreement and with PIF's collaborative investment, the immeasurable strength of the PGA Tour's history, legacy and pro-competitive model not only remains intact, but is supercharged for the future," he wrote in the memo. The agreement - the second stunning sports deal in just months, following World Wrestling Entertainment's merger with Endeavor Group 's UFC - will require the approval of the PGA Tour policy board, Commissioner Jay Monahan said in a memo to players that was obtained by CNBC. PIF is prepared to invest billions of new capital into the new entity, CNBC's David Faber reported Tuesday. The deal announced Tuesday would end all pending litigation. LIV Golf is backed by the Saudi Arabia Public Investment Fund, an entity controlled by Saudi Crown Prince Mohammed bin Salman and has been embroiled in antitrust lawsuits with the PGA Tour in the last year. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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