Tiger Woods will receive "up to $100 million," while Rory McIlroy could get $50 million as equity payments from the PGA Tour after neither golfer joined Saudi Arabia's LIV Golf, James Corrigan reported for The Telegraph.
The payments are part of $750 million in grants the PGA Tour plans to split between 36 superstars based on their career performances, Corrigan said.
The money comes from the $1.5 billion the PGA Tour received in January from a group of American investors including the Fenway Sports Group, owner of the Boston Red Sox, Liverpool FC and Pittsburgh Penguins, according to Lauren Hirsch of the New York Times.