Tuesday, May 12, 2026

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
Feb 6, 2025; New Orleans, LA, USA; A NFL shield logo on an Honors trophy at the Super Bowl LIX NFL Honors at Saenger Theatre. Mandatory Credit: Kirby Lee-Imagn Images
Exclusive

NFL Honors Expected to Move to Netflix

The NFL’s annual awards show is moving to streaming.
Read Now
May 12, 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

Feb 6, 2025; New Orleans, LA, USA; A NFL shield logo on an Honors trophy at the Super Bowl LIX NFL Honors at Saenger Theatre. Mandatory Credit: Kirby Lee-Imagn Images
exclusive

NFL Honors Expected to Move to Netflix

The NFL’s annual awards show is moving to streaming.
Packers fans watch as the 49ers celebrate one of their touchdowns on a giant TV screen at Mecca Sports Bar and Grill on Jan. 19, 2020.

NFL Schedule Tweaks Continue Erosion of Sunday’s Witching Hour

More standalone windows mean less inventory for “NFL Red Zone.”

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.

Featured Today

Matt Palumb

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit
May 7, 2026

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League
May 5, 2026

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.

PWHL Adds Teams in Detroit, Las Vegas Amid Expansion Spree

The two new teams will bring the league up to 10 franchises.
May 11, 2026; Newtown Square, Pennsylvania, Scottie Scheffler walks to the the eleventh hole during a practice round of the PGA Championship golf tournament at Aronimink Golf Club.
May 12, 2026

PGA Championship Brings LIV and Prize Money Questions

The tournament begins Thursday outside of Philadelphia.
May 10, 2026; Washington, District of Columbia, USA; New York Liberty forward Breanna Stewart (30) argues a call with referee Toni Patillo (76) during a stoppage in play against the Washington Mystics in the second half at CareFirst Arena. Mandatory Credit: Geoff Burke-Imagn Images
May 12, 2026

WNBA’s Officiating Changes Already Drawing Complaints

There has been a clear increase in foul calls in the WNBA.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
May 11, 2026

Bednarek Still Believes ‘Sky’s the Limit’ for Grand Slam Track

GST filed for bankruptcy after its inaugural season in 2025.
May 10, 2026; Sterling, Virginia, USA; Josele Ballester celebrates a putt during the final round of LIV Golf Virginia golf tournament at Trump National Golf Club.
May 11, 2026

LIV’s New Board Directors Also Take Over U.K. Positions

Eugene Davis and Jon Zinman joined LIV last month.
Dec 28, 2025; East Rutherford, New Jersey, USA; New England Patriots head coach Mike Vrabel during the first quarter of the game against the New York Jets at MetLife Stadium. Mandatory Credit: Robert Deutsch-Imagn Images
May 11, 2026

Can Mike Vrabel Survive Until NFL Season as Patriots Coach?

Some have grown skeptical of Vrabel’s job security.
May 11, 2026

NFL Schedule Announcements Begin, Big Rivalry to Kick Off ‘SNF’

The primetime broadcast leans into a heated NFC East division rivalry.