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Top players to get bulk of equity in new PGA Tour venture: reports

The PGA Tour s new for-profit entity will dish out over 80% of the initial $930 million of player equity grants to its top 36 golfers, according to a leaked memo ....

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Report: Equity in PGA Tour Enterprises to be broken into 4 groups

Report: Equity in PGA Tour Enterprises to be broken into 4 groups
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Tour to offer bulk of new money to 36 top players in equity ownership plan

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. ....

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Top Players To Get Bulk Of Equity In New PGA Tour Venture: Reports

The PGA Tour s new for-profit entity will dish out over 80% of the initial $930 million of player equity grants to its top 36 golfers, according to a leaked memo reported by US media on Wednesday. ....

Saudi Arabia , Steven Cohen , Arthur Blank , Jay Monahan , Jon Rahm , Golf League , Saudi Arabia Public Investment Fund , Tour Enterprises , Player Impact Program , Fenway Sports Group , Golf Digest , Public Investment Fund , Red Sox , York Mets ,

Top players to get bulk of equity in new PGA Tour venture: reports

The PGA Tour s new for-profit entity will dish out over 80% of the initial $930 million of player equity grants to its top 36 golfers, according to a leaked memo ....

Saudi Arabia , Arthur Blank , Steven Cohen , Jon Rahm , Jay Monahan , Tour Enterprises , Golf League , Fenway Sports Group , Saudi Arabia Public Investment Fund , Player Impact Program , Golf Digest , Public Investment Fund , Red Sox , York Mets , Partners Afp ,