Sunday, May 24, 2026

PGA Tour ‘Certain’ About Reaching Saudi PIF Agreement By Year-End

  • PGA Tour commissioner Jay Monahan believes a deal with be a positive outcome for fans.
  • The Tour will not disclose how far along negotiations are or what steps could be next.
John David Mercer-USA TODAY Sports

ATLANTA — PGA Tour commissioner Jay Monahan reiterated his confidence in ultimately reaching a definitive agreement with Saudi Arabia’s Public Investment Fund, with a Dec. 31 deadline almost four months away.

Speaking during his annual “state of the tour” press conference on Tuesday from the Tour Championship at East Lake Golf Club, Monahan said he was “certain” an agreement would be reached, resulting in a “positive outcome” for the Tour and its fans.

While he wouldn’t specify how far along negotiations are, Monahan said there are “frequent talks” and the process is “right where I would expect” it to be. “There’s an intensity and there’s an urgency, and there’s a lot of good work that’s being done,” he said.

Part of negotiations concern how and when LIV Golf players would be allowed back on the PGA Tour. When asked by Front Office Sports about whether that could be in 2024, Monahan said, “These are the kind of topics and discussions that we’re having right now with PIF. So, to be able to project what’s going to happen, I don’t have any answer today.”

If there’s another Senate hearing examining the PIF deal, Monahan is willing to testify. He had agreed when first asked, but his dates didn’t work, which is why he didn’t take the stand at July’s hearing.

“The PGA Tour will continue to comply with the requests that come our way, and if there’s a request for me to be there, then I will be there,” Monahan said.

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

May 15, 2026; Newtown Square, Pennsylvania, USA; Bryson DeChambeau plays his shot on the seventh tee during the second round of the PGA Championship golf tournament.

Bryson DeChambeau Misses Second Major Cut Amid LIV Turmoil

DeChambeau also missed the cut at this year’s Masters.
May 14, 2026; Newtown Square, Pennsylvania, USA; Scottie Scheffler walks past fans to the seventh tee during the first round of the PGA Championship golf tournament at Aronimink Golf Club.

After PGA Championship, Pennsylvania Targets PGA Tour Stop

“We invest $2.5 million in it, but this event alone is expected to generate $125 million.”
May 11, 2026; Newtown Square, Pennsylvania, Mark Geddes plays a shot the eighteenth hole during a practice round of the PGA Championship golf tournament at Aronimink Golf Club.

The PGA Championship’s Prize-Money Balancing Act

Last year’s prize money was $19 million, up $500,000 from 2024.

Sold-Out PGA Championship Tickets Drop Below Face Value Prices

The cheapest competition round ticket is $168 on Thursday.

Featured Today

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
May 14, 2026

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).

Fever Get Warning, No Fine Over Caitlin Clark Injury Report

A WNBA source confirmed that they were not fined.
May 20, 2026

Jannik Sinner Headlines French Open Clouded By Player Unrest

Players will walk out of opening press conferences after 15 minutes.
May 21, 2026

Caitlin Clark’s Late Scratch Sparks WNBA Injury Report Questions

The Fever said she woke up with back soreness ahead of Wednesday’s game.
Sponsored

How Microsoft and the Premier League Are Making Fans Feel Closer to the Game

The Premier League reaches fans in 189 countries. Now, with Microsoft, it is making global fandom more personal through AI.
Valkyries President Jess Smith
May 19, 2026

Valkyries President: Team’s Projected $1B Valuation Is ‘Accurate’

The Valkyries were projected to be the first 10-figure WNBA team.
May 19, 2026

NFL Moves Closer to 10 International Games—and Could Hit 11

The league builds out further its international scheduling plans.
May 19, 2026

NFL Sets Another Super Bowl Without Dates As Schedule Questions Loom

The home markets of the Titans and Vikings each landed a big event.
Mar 30, 2026; Las Vegas, Nevada, USA; Vegas Golden Knights head coach John Tortorella holds a presser after the Golden Knights defeated the Vancouver Canucks 4-2 at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-Imagn Images
May 19, 2026

NHL Denies Appeal for John Tortorella, Golden Knights

Tortorella was fined $100,000 and the team was docked a draft pick.