Home

Golf

What Are the Three Major Takeaways From Jay Monahan’s The New York Times DealBook Summit?

Published 11/29/2023, 10:17 PM EST

Follow Us

USA Today via Reuters

If there’s one person who has seen his fair share of controversies on the PGA Tour, it’s Jay Monahan. The commissioner of the men’s golfing body had been in a precarious situation owing to his stance against the LIV golfers and the $3 billion merger. However, he has now gone ahead to shock the community as a whole.

Surprisingly, the official went ahead to reveal many of his future plans regarding the PGA Tour and its players at the Dealbook Summit. And, as the head of the men’s sporting body took the stage, stopping many in their tracks, what are the major takeaways one can gather from the conference?

Jay Monahan’s plans for the future of the PGA Tour

ADVERTISEMENT

Article continues below this ad

The commissioner of the PGA Tour, on Wednesday, made an appearance at the Dealbook Summit, which was hosted by the New York Times. And unexpectedly, he made use of the platform to announce some of the recent developments and plans set in motion for the players on the tour.

In the interview, the official confirmed his decision to work on the $3 billion merger as he announced his meeting with Yasir Al-Rumayyan in the coming week. Adding on to his declaration, he made sure to point out how he is meeting the governor of the Public Investment Fund, keeping in mind the deadline of the alliance, December 31, as “a firm target.”

Trending

Get instantly notified of the hottest Golf stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Adding on, Monahan also revealed how there would “likely” be “another co-investor…that’s going to help take the PGA Tour to another level” along with the PIF. He divulged how the decision would lead to the circuit being “more competitive” in the realm of sports. Lastly, the 53-year-old disclosed how “player equity will be based on performance,” all the while allowing the athletes to own their sport.

Well, the announcement did surprise a lot of people in the community. However, he also took the platform to clarify some things that happened during his tenure as the commissioner this year.

Monahan confesses the reason behind his absence

ADVERTISEMENT

Article continues below this ad

The PGAT commissioner had earlier backed out from the ‘day-to-day’ operations of the men’s sporting body. However, during the recent summit, he went ahead to clarify how he did so due to medical reasons, and the “difficult call” was one that had to be made.

Adding on, the 53-year-old revealed how he “checked into an in-patient facility” as a result of the same. But even so, the official did get a lot of harsh criticism due to his absence. Nevertheless, he did go ahead and express belief in himself as he said, “I believe that I am the best leader for the PGA Tour.” 

ADVERTISEMENT

Article continues below this ad

Such a claim would be proven soon with the deadline of the merger approaching and when one observes the result of the same. Well, let’s keep our fingers crossed for a better future for the players.

Watch This Story | Weeks after Greg  Norman’s LIV ladies series comment LGPA Commissioner clears the air on rumors were really bullish

SHARE THIS ARTICLE :

ADVERTISEMENT

Written by:

Allan Abe

1,152Articles

One take at a time

My search for happiness eventually led me, Allan Abe, to the hallways of ES after dabbling in different fields. Following my childhood passion for the sport and coupling it with my passion for writing, the role of a golf writer was the perfect career path and has been more than a fruitful one. Through the live coverage and in-depth analysis of the lives of big stars like Tiger Woods and Jon Rahm, I have put to use all my journalistic-accolade-winning experience, from state-wide events to college competitions, to give the reader a great story with every piece.
Show More>

Edited by:

Tushhita.barua

ADVERTISEMENT

ADVERTISEMENT