Categorized | Sports

Tiger Woods To Receive Up To $100M Equity Payment For Staying Loyal To PGA Tour

CARNOUSTIE, SCOTLAND – JULY 22: Tiger Woods of the United States acknowledges the crowds after holing a par putt on the ninth hole during the final round of the 147th Open Championship at Carnoustie Golf Club on July 22, 2018 in Carnoustie, Scotland. (Photo by David Cannon/Getty Images)

Tiger Woods

Tiger Woods to receive $100m equity payment for staying loyal to PGA Tour

Tiger Woods will today receive an email from Sawgrass HQ informing him that he will receive up to $100 million in equity for staying loyal to the PGA Tour, with Rory McIlroy benefitting possibly to the tune of $50M for not joining LIV Golf.

Jay Monahan, the PGA Tour commissioner, will press the button on the ultra-personal messages that have been eagerly awaited since Strategic Sports Group — a consortium of US investors led by Liverpool FC owner Fenway Sports — pumped $1.5 billion into PGA Tour Enterprises, the new for-profit company, three months ago.

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