News
PGA Tour, LIV Golf, DP World Tour agree to merger, “new commercial entity”

In a surprise announcement Tuesday, the PGA Tour and LIV Golf have agreed to a merger.
From a joint PGA Tour, DP World Tour release: “The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity…”
Saudi Arabia’s sovereign wealth fund-backed LIV and the PGA Tour have been enmeshed in months of litigation, all of which will now end, according to the release. Additionally, players who departed the PGA and DP World Tours for LIV will be offered a “fair and objective process…to re-apply for membership.”
The DP World Tour is also included in the agreement. All parties will combine commercial and business rights in a yet-to-be-named for-profit company.
Terms of the deal were not disclosed.
PGA Tour commissioner Jay Monahan is scheduled to meet with players — who were sent a memo Tuesday morning — at the RBC Canadian Open.
This is a developing story.
The PGA Tour’s full statement is below.
“The PGA TOUR, DP World Tour and the Public Investment Fund (PIF) today announced a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players.
“In addition, PIF will make a capital investment into the new entity to facilitate its growth and success. The new entity (name TBD) will implement a plan to grow these combined commercial businesses, drive greater fan engagement and accelerate growth initiatives already underway. With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward.
“Notably, today’s announcement will be followed by a mutually agreed end to all pending litigation between the participating parties. Further, the three organizations will work cooperatively and in good faith to establish a fair and objective process for any players who desire to re-apply for membership with the PGA TOUR or the DP World Tour following the completion of the 2023 season and for determining fair criteria and terms of re-admission, consistent with each Tour’s policies.
“After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA TOUR Commissioner Jay Monahan. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans. Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future.
“We are pleased to move forward, in step with LIV and PIF’s world-class investing experience, and I applaud PIF Governor Yasir Al-Rumayyan for his vision and collaborative and forward-thinking approach that is not just a solution to the rift in our game, but also a commitment to taking it to new heights. This will engender a new era in global golf, for the better.”
“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. We are committed to unifying, promoting and growing the game of golf around the world and offering the highest-quality product to the many millions of long-time fans globally, while cultivating new fans.
“There is no question that the LIV model has been positively transformative for golf. We believe there are opportunities for the game to evolve while also maintaining its storied history and tradition. This partnership represents the best opportunity to extend and increase the impact of golf for all. We look forward to collaborating with Jay and Keith to bring the best version of the game to communities around the world.”
“Under the terms of the agreement, the Board of Directors of the new entity will oversee and direct all the new entity’s golf-related commercial operations, businesses and investments. The new entity will work to ensure a cohesive schedule of events that will be exciting for fans, sponsors and all stakeholders. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour. The PGA TOUR will appoint a majority of the Board and hold a majority voting interest in the combined entity.
“Separately, PGA TOUR Inc. will remain in place as a 501(c)(6) tax exempt organization and retains administrative oversight of events for those assets contributed by the PGA TOUR, including the sanctioning of events, the administration of the competition and rules, as well as all other “inside the ropes” responsibilities, with Jay Monahan as Commissioner and Ed Herlihy as PGA TOUR Policy Board Chairman. PIF’s Governor Yasir Al-Rumayyan will join the PGA TOUR Policy Board. The DP World Tour and LIV Golf will retain similar administrative oversight of events on their respective Tours.
“The Board of Directors of the new commercial entity will include Al-Rumayyan as Chairman and Monahan as Chief Executive Officer; the new entity’s Board will also include an Executive Committee comprising Al-Rumayyan, Monahan, Herlihy and PGA TOUR Policy Board member Jimmy Dunne. The full Board will be announced at a later date, and it is anticipated that all three founding members will have representation.
“Keith Pelley, Chief Executive of the DP World Tour, said “This is a momentous day. We are delighted to be able to not only reignite our relationship with PIF, but also to have the opportunity to build on our current Strategic Alliance partnership with the PGA TOUR. Together we will be stronger than ever and well positioned to continue to bring the game to all corners of the globe. To partner in this new entity and influence the growth of the game for all our DP World Tour members is energizing and exciting.”
“All parties will work in the months to come to finalize terms of the agreement, with details to be announced in due course.”
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Equipment
Driver, shaft combinations of strokes gained: off-the-tee leaders

‘Tis the season for, well, looking back at the previous golf season. Hopefully, you’re still able to put a peg in the ground where you live.
However, if you find yourself stuck on the couch, staring longingly at your clubs in the corner as they begin their period of forced hibernation, we’re here to offer you an always enjoyable (we hope) diversion: a look at the equipment of some of the best golfers in the game this past season.
More specifically, we’re taking a look at the driver head and shaft combinations of the best drivers of the golf ball on the PGA Tour (as measured by their strokes gained: off-the-tee metric) for the 2022-2023 PGA Tour season.
Let’s get to it.
10. Hayden Buckley: 0.611
Driver: Titleist TSR3 (9 degrees)
Shaft: UST Mamiya Lin Q M40X Blue 6F5
9. Luke List
Driver: Titleist TSR3 (9 degrees)
Shaft: Mitsubishi Diamana DF 70 TX
8. Viktor Hovland: 0.741
Driver: Ping G425 LST (9 degrees @8.4)
Shaft: Fujikura Speeder 661 TR X (45.75 inches, tipped 1 inch)
7. Keith Mitchell: 0.743
Driver: Mizuno ST-Z 230 (9.5 degrees)
Shaft: Project X HZRDUS T1100 75 6.5
6. Kevin Yu: 0.803
Driver: Callaway Paradym Triple Diamond
Shaft: Mitsubishi Tensei 1K Pro White 80 TX
5. Brent Grant: 0.806
Driver: Srixon ZX7 Mk II (8.5 degrees)
Shaft: Mitsubishi Tensei 1K Pro Black 75 TX
4. Patrick Cantlay: 0.852
Driver: Titleist TS3 (9.5 @8.75 degrees)
Shaft: Mitsubishi Diamana ZF 60 TX
3. Rory McIlroy: 0.907
Driver: TaylorMade Stealth 2 Plus (9 degrees @7.5)
Shaft: Fujikura Ventus TR Blue 6 X
*McIlroy switched into TaylorMade’s Qi10 LS driver at the DP World Tour Championship.
2. Ludvig Åberg: 0.982
Driver: Titleist TSR2 (9 degrees)
Shaft: Fujikura Ventus Black 6 X
1. Scottie Scheffler: 1.021
Driver: TaylorMade Stealth 2 Plus (8 degrees)
Shaft: Fujikura Ventus Black 7 X
There you have it, GolfWRXers. We’ll be back with more pieces of this nature as we X out the days in December.
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News
Morning 9: Tiger plays 9 holes at Pro-Am | Goodbye PIP bonuses? | Morikawa on coach split

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News
Morning 9: Tiger on his health and game | Donald named Ryder Cup 2025 captain | Tiger’s caddie for Hero

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