• Loading stock data...
Tuesday, October 28, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

Still No Deal: PGA Tour–PIF Negotiations Remain in Limbo

  • PGA Tour commissioner Jay Monahan claims talks with the PIF are accelerating.
  • Monahan would not offer a timeline for completing a deal with LIV Golf’s backer.
Clayton Freeman/Florida Times-Union

Ten months since the PGA Tour announced a framework agreement for a shocking partnership with the controversial financial backer of LIV Golf, the Public Investment Fund of Saudi Arabia,  a definitive deal has yet to be reached. Answers on if, and when, that potentially multibillion-dollar investment could be completed remain up in the air.

At the Players Championship on Tuesday, PGA Tour commissioner Jay Monahan was mostly coy about talks with the PIF during his first press conference since the Tour Championship in August. Monahan said he and principals from Strategic Sports Group—the consortium of U.S. sports owners who are investing up to $3 billion in the Tour—made a trip to Saudi Arabia in January to meet with PIF governor Yasir Al-Rumayyan and members of the fund. “Our negotiations are accelerating as we spend time together,” he said, while noting several key issues still need to be worked through.

Monahan wouldn’t offer specifics about what is still being negotiated and deflected questions about Jon Rahm’s $300 million–plus departure, LIV players returning to the Tour, the potential for more players to join LIV, and what the Tour would look like if the PIF deal ultimately falls through.

New Timeline?

After the Tour and PIF missed the Dec. 31 deadline to reach a definitive agreement, doing so before the Masters was reported to be the new goal. While Monahan said he believes the inclusion of SSG is enhancing the likelihood of reaching a deal with the PIF, he gave no indication a conclusion was coming soon. “I expect next time I’m in front of all of you we’ll have a lot more progress to report,” said Monahan, who is not expected to hold another press conference until this summer’s aforementioned Tour Championship—more than five months away.

What Could Have Been

When news broke that Anthony Kim, who last competed professionally in 2012 before joining LIV last month, was looking to make a comeback, the PGA Tour was said to also be in talks with the former superstar. Monahan confirmed that the Tour spoke with Kim, who was long reported to have an insurance policy with the Tour worth $10 million, about a return. “I would have liked to see him compete to make his way back to the Tour,” Monahan said. “But obviously he made a different decision.” It is unknown what type of signing bonus LIV gave Kim, who has made $110,000 through two starts while finishing 53rd and 50th in the league’s 54-man fields.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 25, 2022; Atlanta, Georgia, USA; Close up view of the ball and club of Scott Scheffler during the first round of the TOUR Championship golf tournament.

From Third Tier to $1M: Michael Brennan’s Surprise PGA Tour Win

The 23-year-old won his first professional start on the PGA Tour.

As the NFL, NBA, and NHL Go Global, The Masters Is Looking..

The tournament’s chairman touted new qualification measures.

YouTube Stars Help Bring Back Golf Channel’s ‘Big Break’

The show will return in 2026 after an 11-year hiatus.
January 8, 2023; Maui, Hawaii, USA; Matt Fitzpatrick hits his tee shot on the 11th hole during the final round of the Sentry Tournament of Champions golf tournament at Kapalua Resort - The Plantation Course.

PGA Tour Cancels $20M Season Opener After Moving Out of Maui

The 2026 season will now begin a week later at the Sony Open in Honolulu.

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
Napheesa Collier

WNBA, Players Remain Far Apart With CBA Deadline Days Away 

A union lawyer says a deal will not be reached by Friday.
October 28, 2025

Shohei Ohtani’s Historic World Series Game 3 Sets Up High-Stakes Game 4

Ohtani will start Game 4 on the mound after another epic performance Monday.
Alexis Ohanian
October 28, 2025

Alexis Ohanian: Angel City Ownership Setup Was a ‘Terrible Idea’

He admits that the NWSL club’s governance was a disaster.
Sponsored

Why Alexis Ohanian Is Betting Big on Women’s Sports

Alexis Ohanian reflects on his evolution from Reddit cofounder to one of today’s most dynamic sports investors.
Oct 26, 2025; Los Angeles, California, USA; The 2025 World Series logo on the field at Dodger Stadium.
October 27, 2025

Dodger Stadium Games Could Push MLB Payouts to Record Highs

The Dodgers’ big ballpark and ticket prices help fuel postseason player pay.
Oct 24, 2025; Toronto, Ontario, CAN; Toronto Blue Jays center fielder Daulton Varsho (5) celebrates after hitting a two run home run against the Los Angeles Dodgers in the fourth inning during game one of the 2025 MLB World Series at Rogers Centre.
October 27, 2025

World Series Games Set Ratings Records on Canada’s Sportsnet

Canada continues to watch MLB broadcasts at historic levels.
Capitals
October 27, 2025

Capitals Fire Assistant Coach After Domestic Abuse Investigation

Assault and abuse cases are defining the start of the NHL season.
October 26, 2025

Lamar Jackson’s Practice Status Flip Sparks NFL Investigation

Baltimore could be disciplined for not properly disclosing Lamar Jackson’s status.