Latest Breaking News On - Player impact - Page 1 : comparemela.com

The PGA Tour plans to make $750 million of initial grants from its new cash-flush PGA Tour Enterprises to 36 top players determined by their career, their last five years on tour and how much attention they have brought to golf. Commissioner Jay Monahan said in a memo to players Wednesday that $180 million from the $1.5 billion investment of Strategic Sports Group would go to players based on a three-year performance, all other players and 36 “legends” who helped build the PGA Tour. The equity owners was a key component of the deal announced last week with SSG — a consortium of American pro sports owners and led by Fenway Sports Group — investing as much as $3 billion in PGA Tour Enterprises.

United statesSaudi arabiaJay monahanPlayer equity programStrategic sports groupFenway sports groupPublic investment fund of saudi arabiaPlayer impact programTour enterprisesPlayer impactPublic investment fundPga tourJay monahanEquity ownersInitial grantsTop players