Golf Channel · Aug 9, 2023
Jay Monahan regrets rollout of PIF agreement, 'confident' moving forward
MEMPHIS, Tenn. – In the world of professional golf, June 6 is whispered about in hushed tones as the day everything changed.
At 10 a.m. (ET) on June 6, the PGA Tour announced its landmark framework agreement with the Public Investment Fund of Saudi Arabia following months of legal vitriol and public hyperbole between the two sides. According to multiple accounts, the circuit’s senior staff was informed about the deal at 9:30 a.m. and most players learned of the deal only after it was made public.