PGA Tour-LIV Golf merger explained: What to know about deal that shocked golf world

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The golf world is still reeling from Tuesday's announcement of the PGA Tour, DP World Tour and LIV Golf agreeing to merge their business operations.

the Associated Press reported

Monahan realized LIV Golf had a deep well of funds and wasn’t going anywhere. He says golf was too divided and had too much tension and it was best for everyone to come together. LIV Golf is currently in the middle of its season, which isn't scheduled to end until November. Once its season ends, the three leagues"will work cooperatively and in good faith to establish a fair and objective process" to allow players who left the PGA Tour and DP tour to re-apply for membership.One of the main differences between the PGA Tour and LIV Golf is the latter plays 54-hole tournaments and has team play.

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