Wednesday, August 5, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Everything You Need to Know About the PGA Tour, LIV Golf, and a Potential Merger

  • Last summer, many presumed that the PGA Tour and LIV Golf would be merged by now.
  • The controversial PIF could still invest in the PGA Tour.
Michael Madrid-USA TODAY Network
May 16, 2026; Laurel, MD, USA; Napoleon Solo (10) ridden by Paco Lopez leads Iron Honor (9) ridden by Flavien Prat, Chip Honcho (6) ridden by Jose Ortiz Jr., and Taj Mahal (1) ridden by Sheldon Russell down the stretch during the 151st Preakness Stakes at Laurel Park. Mandatory Credit: Amber Searls-Imagn Images
Exclusive

NBC to Retain Media Rights to Preakness Stakes

NBC has held the race’s rights since 2001.
Read Now
August 4, 2026 |

World No. 1 Scottie Scheffler heads into the weekend sharing the 36-hole lead at the Masters with fellow PGA Tour faithful Max Homa and LIV Golf star Bryson Dechambeau, creating a dramatic storyline for the first tournament of the year bringing together players from both tours.

Defending champion Jon Rahm was a staunch supporter of the PGA Tour when he won last year’s Masters after outdueling LIV’s Brooks Koepka in the final round. But in December, Rahm was lured to LIV on the back of a reported $300 million–plus contract. When he faced the media earlier this week, golf’s uncertain future was top of mind. “Unfortunately, it’s not up to me,” the two-time major champion said, while lamenting that his move hasn’t led to more progress.

The top players in golf have been trying to sort out what could be coming next ever since the PGA Tour and Public Investment Fund of Saudi Arabia, or PIF, agreed to a bombshell deal last summer. But despite some big proclamations at the time, not much has changed in the ensuing 10 months. With the Masters spotlighting the divide in pro golf, here’s everything you need to know about LIV, the PGA Tour, and what exactly is going on between them.

I thought the PGA Tour and LIV Golf were merging. Did that not happen?

You’re right to think that. On June 6, 2023, when the PGA Tour and PIF announced a framework agreement to transform the pro game, nearly every headline claimed that the PGA Tour and LIV Golf were merging. The problem is that the PGA Tour and PIF, which backs LIV Golf, didn’t have an actual deal—just an agreement to eventually reach a deal, which hasn’t happened yet. Until then, the PGA Tour and LIV Golf are going to keep operating as completely separate entities.

But there are LIV golfers at the Masters. They aren’t banned?

No. Players who joined LIV Golf are banned from the PGA Tour, but not the majors championships, which are operated by their own governing bodies. That means guys like Rahm, Koepka (last year’s PGA Championship winner), and three-time Masters champ Phil Mickelson can play at Augusta National. Their previous success earns them a special exemption. Others, like Joaquin Niemann, received special invites from Augusta National, due to recent performance on the course.

What would happen if somebody from LIV won the Masters?

Depends on whom it is. If it’s a previous Masters champion like Mickelson, not much. He’s already invited to Augusta for life. If someone like Niemann won, that would make him eligible for all the majors for at least the next five years—a key accomplishment for a LIV player with minimal options to earn Official World Golf Ranking points.

LIV players aren’t getting world ranking points? 

Nope. The OWGR board has said LIV events don’t meet its criteria for sanctioning. Among the problems are 54-hole tournaments (as opposed to 72 holes), no 36-hole cut, and restricted qualifying measures. So, for now, the only way for LIV players to earn OWGR points is at major championships, if they can qualify, or at other international tournaments into which they are still allowed.

O.K. So, are LIV’s Saudi backers still trying to partner with the PGA Tour to fix all this?

Yes. Despite missing a self-imposed Dec. 31, 2023, deadline to reach a deal, and some rumors that a new deadline had been set around the Masters, the PGA Tour says it is still negotiating with the PIF about investing in its new commercial entity, PGA Tour Enterprises, which already received a $1.5 billion investment (which could grow to $3 billion) from Strategic Sports Group.

Wait, what is Strategic Sports Group?

It’s a consortium of billionaires who already own a bunch of other sports teams in major U.S. leagues. Names you might know include Atlanta Falcons owner Arthur Blank and Boston Red Sox owner John Henry, via his Fenway Sports Group. The investors also include superstars like LeBron James and Drake.

The rapper?

Yes, the rapper.

And what’s been the latest news on those PGA Tour–PIF negotiations?

After the Players Championship in March, a PGA Tour contingent including commissioner Jay Monahan and Tiger Woods (above) met with PIF governor Yasir Al-Rumayyan in the Bahamas. In a memo to players, Monahan called the meeting “constructive” but offered no other details, and neither has anyone else who was there.

So what would happen if the PIF does invest in PGA Tour Enterprises?

At this point, anything could happen. But under the proposed framework agreement last summer, a PIF–PGA Tour deal would have seen LIV Golf’s commercial operations fall under the control of the, at the time, yet-to-be-formed PGA Tour Enterprises. Many people thought that meant LIV’s shelf life was getting shorter by the day. That could still be the case, but negotiations could be getting slowed down by the PIF pushing for LIV to have a bigger future.

Has anybody else big joined LIV since Rahm? Are more PGA Tour players considering making the jump?

Three other players who were ranked inside the top 100 joined LIV ahead of its 2024 season: Tyrell Hatton (was No. 16, now No. 19), Adrian Meronk (was No. 42, now No. 57), and Lucas Herbert (was and still is No. 82). LIV’s roster for the rest of the season appears to be set, so any further player movement likely wouldn’t come until the fall or winter.

What have PGA Tour players been saying about all this recently?

Rory McIlroy has called for resolution so the best golfers can play together again outside of the major championships. World No. 1 Scottie Scheffler has said anyone upset with the state of the game should blame the players who left for LIV. But in general, players don’t have many answers and are getting tired of talking about it.

When will we find out more about this potential PGA Tour–PIF partnership?

At the Players Championship, Monahan said he hoped to have an update the “next time” he meets with the media—which won’t be until the Tour Championship in August.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

LIV Golf Says New Lead Investor Signed, but Big Questions Remain

LIV had been seeking to raise as much as $350 million.
FILE PHOTO: Disney+ logo is seen in this illustration taken August 5, 2025.

Disney Sells Out of Super Bowl LXI Ad Inventory

ESPN parent company Disney exhausted its inventory on an earlier schedule.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
podcast thumbnail mobile
Front Office Sports Today

8/5/26 – UFC Freedom 250’s $30M Loss, Bijan’s Record Deal, Infantino Losing Support

0:00

Featured Today

WPBL

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Sep 13, 2024; New York, New York, USA; United States chief executive officer and secretary general JT Batson talks to the media during a press conference introducing Mauricio Pochettino (not pictured) as the new head coach for the United States men's national team at Warner Bros. Discovery Hudson Center. Mandatory Credit: Lucas Boland-Imagn Images
August 4, 2026

U.S. Soccer CEO Dodges Questions on Infantino Support

JT Batson deferred broader questions about Infantino to a September board meeting.
August 4, 2026

6 Takeaways From Larry Berg’s Introduction As MLS Commissioner

Berg told FOS that media revenue is “uncapped upside.”
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Golf - LIV Golf - Korea - Asiad Country Club, Busan, South Korea - May 31, 2026 Ripper GC's Cameron Smith in action during the fourth round
August 4, 2026

Australian LIV Players Lament Possibility of League Folding

LIV New York is being played this week at Trump Bedminster.
Jul 12, 2026; Baltimore, Maryland, USA; Baltimore Orioles catcher Adley Rutschman (35) waives to the fans before a game against the Kansas City Royals at Oriole Park at Camden Yards. Mandatory Credit: Daniel Kucin Jr.-Imagn Images
August 4, 2026

Red Sox Turnaround Fuels Rutschman Blockbuster

The Red Sox continue their surge as the Orioles’ attempted turnaround fizzles.
August 3, 2026

UFC’s White House Event Lost $30M, but Business Kept Growing

The business grew despite red ink from the June showcase.
August 3, 2026

MLS Taps Private Equity Veteran As Next Commissioner

Don Garber had led the league since 1999.