Additionally, the organizations said in a joint news release they will work together to allow a process for LIV Golf players to reapply for membership on the PGA Tour and DP World Tour, formerly known as the European Tour, following the 2023 season.
No details were given as to how the agreement will impact the current competitive golf landscape, including eligibility for this year's Ryder Cup, though the parties did say they will work in the coming months to finalise terms of the merger. "Today is a very exciting day for this special game and the people it touches around the world," said PIF Governor Yasir Al-Rumayyan. "We are proud to partner with the PGA Tour to leverage PIF's unparalleled success and track record of unlocking value and bringing innovation and global best practices to business and sectors worldwide.
Monahan added: "I give Yasir, great credit for coming to the table, coming to discussions with an open heart and an open mind. We did the same and the game of golf is better for what we've done here today." "This is entertainment. I think that would make it a less priority for the antitrust enforcers," said Seth Bloom of Bloom Strategic Counsel.Among the more popular players who made the move to LIV Golf are Hall of Fame golfer Phil Mickelson, former world number one Dustin Johnson, reigning PGA Championship winner Brooks Koepka and 2022 British Open winner Cameron Smith.
Former U.S. President Donald Trump, who owns three courses that are part of LIV Golf's 14-event schedule in 2023, celebrated the deal in a Truth social post using all caps.