• Loading stock data...
Saturday, June 21, 2025

Endeavor, Fenway Sports Could Offer Competition to PGA Tour’s Saudi Deal

  • The PGA Tour and Saudi PIF have a Dec. 31 deadline to finalize an official agreement.
  • New U.S. investors are reportedly interested in the new landscape of pro golf.
John David Mercer-USA TODAY Sports

The PGA Tour’s negotiations with Saudi Arabia’s Public Investment Fund just got a lot more interesting.

Endeavor, Fenway Sports Group, and Henry Kravis, the billionaire founder of private equity firm KKR & Co., are exploring investing in the PGA Tour, according to Bloomberg. Those potential investments could be alongside the PIF — or even offer a completely new opportunity altogether.

The PGA Tour confirmed that PIF negotiations have “resulted in unsolicited interest from other investors,” which could be a move to potentially quell concerns from politicians.

Earlier this month, the U.S. Senate Permanent Subcommittee on Investigations held its second hearing exploring the potential impact of Saudi Arabia’s investment in the PGA Tour. In July, PGA Tour COO Ron Price and policy board member Jimmy Dunne testified in front of that same subcommittee.

Under the framework agreement previously announced, the PIF could invest at least $1 billion — and potentially much more — into the PGA Tour. A Dec. 31 deadline has been set to reach a definitive agreement, although there’s nothing stopping the two sides from pushing that date back.

Court Adjourned

A federal judge has dismissed both defamation cases from Patrick Reed — a former PGA Tour player who now plays for LIV Golf — against 18 total defendants. 

The judge listed several reasons for dismissing the litigation against Golf Channel, analyst Brandel Chamblee, the Associated Press, Bloomberg, and others for combined damages worth at least $1 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

How Mark Walter’s Dodgers Playbook Could Rewrite Lakers’ Future

The owner’s tenure with the MLB club has been lined with success.

Hockey’s Best Player Enters Contract Year Noncommittal About Future

The superstar becomes a free agent next year absent a contract extension.

Rays on Verge of $1.7B Sale Following Stadium Deal Collapse

The team’s owner walked away from a stadium deal just months ago.

Featured Today

Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.
Jan 24, 2017; Davidson, NC, USA; The Davidson Wildcats student section cheers during the first half against the Duquesne Dukes at McKillop Court at John M. Belk Arena. Davidson defeated Duquesne 74-60.
June 6, 2025

Every College Wants a Flashy Basketball GM Hire Right Now

The role is more important than ever, and the definition is ever-evolving.

Pac-12 Still Playing Conference Tetris As Realignment Heats Up

Sacramento State is leaving the Big Sky for the Big West.
Indiana Fever guard Caitlin Clark (22) celebrates after scoring a 3-pointer Tuesday, June 17, 2025, during a game between the Indiana Fever and the Connecticut Sun at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Connecticut Sun, 88-71.
June 18, 2025

Caitlin Clark ‘Celebrates’ Chance at $500K Commissioner’s Cup Prize

The winning team shares a $500,000 prize pool.
June 19, 2025

Fire Rekindled? WNBA’s Portland Expansion Team Eyes Original Name

WNBA trademarks hint at Portland Fire revival as league expands and honors history.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Ted Leonsis unpacks basketball’s global rise, media rights, and portfolio ownership.
June 18, 2025

Dana White’s Next Frontier: Making Jiu-Jitsu Mainstream

The TKO Group Holdings–owned competition expands once again.
Club World Cup
June 18, 2025

Club World Cup Attendance Plummets for Weekday Games: 3,700 in Orlando, ‘Almost..

Chelsea’s manager bemoaned an “almost empty” stadium in Atlanta.
June 18, 2025

Premier League Embraces NFL-Style Flex Scheduling for 2025–26

The league warns of additional games “moving at relatively short notice.”
Sophie Cunningham
June 18, 2025

Fever and Sun Hit With Tiny Fines After Wild Melee

WNBA coaches have long complained about a lack of transparency in fines.