![]() Terms of Use and Privacy Policy and Safety Information / Your California Privacy Rights are applicable to you. ^ Back to Top ^ © 2023 ESPN Internet Ventures. Monahan has been invited to testify, but his availability is in question because he is on leave while dealing with a medical situation. ![]() The deal has attracted the attention of Congress, with the Senate Permanent Subcommittee on Investigations set to hold a hearing July 11. The framework agreement calls for the tour and the Saudis to form a new commercial entity, known for now only as "NewCo." It includes assurances that the tour will keep a controlling interest in that entity. McIlroy and Cantlay are not in the field at Detroit Golf Club. Open and last week's Travelers Championship, one of the new designated events on the tour schedule with a $20 million purse. The board met Tuesday ahead of the Rocket Mortgage Classic, which many top players are skipping after a busy stretch that included the U.S. In the meantime, we are all committed to the safeguards in the framework agreement that ensure the PGA Tour would lead and maintain control of this potential new commercial entity," the statement continued. "If future negotiations lead to a proposed agreement, it would need approval by the tour's policy board, which includes player directors. Management, with input from our player directors, has now begun a new phase of negotiations to determine if the tour can reach a definitive agreement that is in the best interests of our players, fans, sponsors, partners, and the game overall," the statement said. "Entering the framework agreement put an end to costly litigation. As part of the deal, the tour and the Saudis agreed to dismiss all pending lawsuits. Players have been frustrated by the lack of details in the framework agreement, which was negotiated in secret by PGA Tour commissioner Jay Monahan, two independent board members and Yasir Al-Rumayyan, the governor of Saudi Arabia's Public Investment Fund. ![]() On Monday night, media outlets obtained the tour's framework agreement with the Saudis, which said the PGA Tour and European tour would work with their new partners to decide how defectors to LIV Golf can return and what kind of punishment they should face. ![]() Baltimore Orioles Baltimore Boston Red Sox Boston New York Yankees NY Yankees Tampa Bay Rays Tampa Bay Toronto Blue Jays Toronto. The statement was released after a meeting of the board, which includes five players: Patrick Cantlay, Rory McIlroy, Charley Hoffman, Peter Malnati and Webb Simpson. Vote Rangers City Connect Rangers Authentics Six Shooters Rangers Kids Rangers Captain Gift Guide Become a Rangers Insider. PGA Tour board assures players they will have say in alliance with PIFĭETROIT - The PGA Tour sought to assure players Tuesday that they will have a say in the tour's new partnership with the Saudi funders of LIV Golf, with its policy board issuing a statement that noted players would have to approve any final agreement between the once-rival tours. You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser ![]()
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