LIV Golf’s OWGR problem addressed as detailed PGA Tour agreement revealed

The framework settlement between the PGA Tour and the Saudi Arabian Public Funding Fund (PIF) was made public Monday, per a report from The Athletic.

Inside this six-page doc, executed on Could 30, 2023, PGA Tour Commissioner Jay Monahan, PIF Governor Yasir Al-Rumayyan, and DP World Tour CEO Keith Pelley agreed to kind a brand new entity, at the moment known as “NewCo” all through the settlement.

NewCo being the unnamed firm. That was all identified although. What was not identified is probably groundbreaking.

PGA Tour Commissioner holds all of the playing cards with regard to the way forward for LIV Golf. However there may be language within the settlement that lends itself to the rival tour residing past the deal.

The events will “cooperate in good religion and use finest efforts to safe [Official World Golf Ranking] recognition for LIV occasions,” that means that LIV golfers might obtain OWGR factors sooner or later sooner or later.

That has been some extent of rivalry amongst most of the dissenting golfers. They’ve watched as their OWGR continued to slip, which impacts their qualification standing for main championships.

The game of golf and the fame of those who play it are outlined by the Masters, the PGA Championship, the U.S. Open and the Open Championship.

Earlier this week, LIV Golf introduced their plans to include relegation as a part of their plans for 2024. Golfers who rank under are sure stage of play can/will likely be dropped by their groups. That was one other sturdy indicator that the entity may dwell past this season.

LIV Golf might stop to exist. Or it could proceed effectively into the long run, as present CEO Greg Norman has touted quite a few occasions.

However LIV’s future rests in Monahan’s fingers, because the PGA Tour will likely be “the competitors supervisor for NewCo,” per the settlement.

“NewCo will undertake a full and goal empirical data-driven analysis of LIV and its prospects and potential and can make an excellent religion evaluation of the advantages of workforce golf basically,” the settlement reads.

Photograph by Andy Lyons/Getty Pictures

Monahan, the PGA Tour, PIF, and DP World Tour “will work cooperatively and in good religion to ascertain a good and goal course of for any gamers who need to re-apply for membership inside the PGA Tour or the DP World Tour following the completion of the 2023 season.”

For now, LIV Golf, the PGA Tour, and DP World Excursions will proceed to complete their respective 2023 schedules.

But, quite a lot of unknowns stay, and lots of concrete items for the long run nonetheless have to be put into place.

Due to this, a committee will likely be established to facilitate communications between PIF, LIV, and the PGA Tour, per Part 3 of the settlement.

However the world is aware of NewCo will likely be a for-profit LLC, a stark distinction from the PGA Tour’s present designation as a 501 (c)(6) not-for-profit group.

How that impacts the present construction of the PGA Tour can also be unknown.

Jack Milko is a golf workers author for SB Nation’s Taking part in By way of. You’ll be able to observe him on Twitter and Instagram @jack_milko for extra golf protection. Make sure you take a look at @_PlayingThrough too.