Woods turned down a payday in the range of $700 million-$800 million to stick with the PGA Tour.
With the merger, the Saudi-backed LIV and the Tour are ending an antitrust battle and agreed to end all litigation between the two sides. “After two years of disruption and distraction, this is a historic day for the game we all know and love,” PGA Tour commissioner Jay Monahan said in a statement. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model.”“Greg’s got to leave and then we can eventually, hopefully, have a stay between the two lawsuits and figure something out,” Woods said at the Hero World Challenge on Nov. 29.