The golf world is rife with news at the moment! From talks about the merger updates to LIV Golf roping in Tyrrell Hatton to their midst and into Jon Rahm’s team, the golf fan has seen much recently. However, it appears yet another surprising news has hit the community as rumors of Jay Monahan shifting his focus from the merger have come to light!

Flushing It shared a post disclosing how reports have arisen regarding the commissioner focusing on the deal with Strategic Sports Group as opposed to the one with the disruptive circuit. Per sources, it appears the whole LIV Golf-PGA Tour merger has taken a backseat, owing to the above deal being “imminent” all the while excluding the Saudi-backed league from the same!

PGA Tour set to join hands with SSG

The tweet shared by the media handle on X (formerly known as Twitter) mentions, as per reports from stock exchange wires, how “a deal between the PGAT and SSG is imminent, for a reported $3 billion investment”. It seems the PIF-funded circuit will reportedly “not be involved in the initial investment vehicle”.

Adding on, the post divulged how LIV Golf would be “fully expected” to remain as “a separate entity” no matter what happens with the deal between the Fenway Sports’ led group and the men’s circuit. Interestingly, it is supposedly being done so to avoid the scrutiny of the United States Department of Justice.

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Although sources apparently indicate the deal between the golfing body and SSG to take place first, as per reports, not too long ago, by Sports Illustrated divulging how “a ‘revised’ framework agreement” between PGA Tour and LIV Golf is also “likely set to be unveiled soon,” owing to “significant progress” being made during the negotiations between the two organizations.

The deal with the Fenway Sports-led group was brought to light a little while back as a tweet by NUCLR GOLF shared the report made by Sportico on its X handle. Intriguingly, the agreement would enable the new entity to stand on its own, free from outside influence.

Implications of the PGAT-SSG deal

The investors would reportedly provide the PGA Tour Enterprises leverage during its negotiations with the PIF for the merger. The amount, just shy of $3 billion, would be aimed at covering just the “domestic rights” of the new body that would be formed because of the framework agreement between the three circuits.

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If the deal takes place successfully, the PGAT could cement its control over the Enterprise while SSG would be allowed minority ownership. However, because LIV Golf provides its players with immense benefits, the new body would also be granting players equity in the same. Nevertheless, nothing has been officially confirmed as of yet, despite the rumor mills of the industry running rampant with speculations!

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