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In a stunning announcement, the PGA Tour, LIV Golf and the DP World Tour have merged into a new, for-profit entity set to completely restructure the look of men’s professional golf at the highest level.
The news was initially made public on CNBC by David Faber and confirmed shortly thereafter in a press release by the PGA Tour.
“After two years of disruption and distraction, this is a historic day for the game we all know and love,” PGA Tour commissioner Jay Monahan said. “This transformational partnership recognizes the immeasurable strength of the PGA Tour’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans.
“Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future.”
We will continue to update this story as more information is released.