NY Times · Jun 6, 2023
PGA Tour and LIV Golf Agree to Merger
The PGA Tour and LIV Golf, the insurgent league bankrolled by billions of dollars from Saudi Arabia’s sovereign wealth fund, said Tuesday that they had agreed to a merger, ending a bitter fight for supremacy of men’s professional golf that had divided top players, everyday fans and corporate sponsors. The governor of the Saudi fund will become chairman of the joined organization.
The announcement was at once stunning — the sides had clashed for months in litigation that will now draw to a close — and an outcome that many in golf had believed was a distinct possibility from the time LIV burst into the sport last year.