Thein a deal that will alter the future of professional golf with the two biggest forces in the sport become one massive entity. The yet-to-be-named, new for-profit company, will also include the DP World Tour, also known as the European Tour as a part of the merger
According to a PGA Tour press release, the new entity "will work to ensure a cohesive schedule of events that will be exciting for fans, sponsors and all stakeholders."
LIV Golf is supported by Saudi Arabia's Public Investment Fund, which is a financial enterprise controlled by the Saudi government that had been engaged in antitrust lawsuits with the PGA Tour over the last calendar year. As a result of this new merger, all of that pending litigation would come to an end.
The Public Investment Fund will invest billions of dollars in new capital into this new entity,The specific terms of this merger have yet to be announced.
Upon learning of this landscape-shifting news, several of the world's top golfers from both the PGA Tour and LIV Golf, as well as other sports figures, weighed in on the news via Twitter.
I love finding out morning news on Twitter— Collin Morikawa (@collin_morikawa) June 6, 2023
Welfare Check on Chamblee— Brooks Koepka (@BKoepka) June 6, 2023
Koepka -- fresh off becoming the first LIV golfer to win a major title at the 2023 PGA Championship -- is referencing Golf Channel's Brandel Chamblee, who has been outspoken with his thoughts on LIV Golf's connection to the Saudi government. He recently tweeted that LIV Golf "is not so much a sports entity as it is MBS / Saudi Arabia trying to hide their atrocities and launder its reputation by buying sports stars."
Surprised that this merger has happened so quickly but not surprised it’s happened. Definitely in the financial interest of both sides. Definitely in the financial interest of the players even though some of those who gain will feel like they’re losing. Good for the cohesion of…— Padraig Harrington (@padraig_h) June 6, 2023
I wouldn’t be surprised if players are looking into their options of removing Jay. Or at the very least unionizing.— Hunter Mahan (@HunterMahan) June 6, 2023
Love finding out info on twitter. This is amazing. Y’all should be ashamed and have a lot of questions to answer— Wesley Bryan (@wesleybryangolf) June 6, 2023
Very curious how many people knew this deal was happening. About 5-7 people? Player run organization right? 🤷🏻♂️— Michael S. Kim (@Mike_kim714) June 6, 2023
Nothing like finding out through Twitter that we’re merging with a tour that we said we’d never do that with.— Mackenzie Hughes (@MacHughesGolf) June 6, 2023
I’ve grown up being a fan of the 4 Aces. Maybe one day I get to play for them on the PGA Tour!— Joel Dahmen (@Joel_Dahmen) June 6, 2023
HOLY GUACAMOLE! The PGA Tour and LIV Golf just announced they have agreed to join forces. The Golf world is unified under one banner.— Robert Griffin III (@RGIII) June 6, 2023