Yesterday’s snow day gave me the opportunity to sort through the pile of newspapers, notes and other bits of information I’ve accumulated for use in future columns.
created to manage commercial investments and assets for all tours, and the pga will have a permanent controlling interest in the subsidiary board of directors regardless of the saudi investment. now, the head of saudi arabia s public investment fund will be the chairman of the new entity while pga tour commissioner jay moynihan will be the ceo. the framework agreement also ends litigation between the two sides and will likely be the focus of a july 11th u.s. senate panel which received the document yesterday. lots of questions about this merger remain. let s turn now quickly to major league baseball, and in los angeles angels superstar sohey ataun ae is now the league leader in the home runs. that was in the fourth inning that tied last night s game against the chicago white sox.
negotiate with these people, we re going to continue down our path. now you ve got guys who did take the $100 million going to be allowed back into the same ecosystem. so there s definitely jealousy and where s my money kind of situation. and jay moynihan was talking about human rights and saudi arabia s record on that, of course a terrible record an that. after this deal was announced obviously he was getting a lot of criticism, then it was announced he was going to be essentially on had a medical situation and was going to be stepping away from his duties. have you heard anything about that? i ve heard rumblings that he s doing okay. i don t think it s a life threatening situation, but it s hard to speculate about someone s health. i will say when he took this job as pga tour commissioner this is not what he s had in mind. these last couple of years have been tumultuous, chaotic, whatever word you want to use. i think he was stepping into a
from talking to the guys the reception and reaction i get is kind of surprise. it s almost one of relief because they feel like, look, we put in all this effort, all this time and we know it didn t really matter. now we re going to get back to playing gulf. what s going to happen is going to happen whether we want it to or not. so i feel they feel they don t have as much power as they thought they did. what are you hearing from them? they need to be made right, but it s a tricky situation. is that money going to come from the pyf, from the fines of people who did go? basically every top player whether they negotiated far enough to get an offer or not knows if they put their head out there and they wanted to negotiate with the saudis they could have gotten an offer for 50 or $100 million. and you had jay moynihan, the commissioner of the pga tour saying don t do this, don t
and our commercial business model. there have been a lot of obstacles. no question about it, that the pga tour has thrown in our path. but we worked around it. if you can t get points for playing in your league, and usga says we appreciate what you did but if you play for greg s league you can t play in the majors. would that destroy it? no it wouldn t. we are applying for points right now. we are putting in our application probably over the weekend if not monday. we worked closely with the technical committee understanding all the components of what you need to apply for it. it will be interesting. on the board is jay moynihan. it would be interesting to see