Golf news 2023, Tiger Woods joins PGA Tour policy board amid LIV merger

Golf news 2023, Tiger Woods joins PGA Tour policy board amid LIV merger

Tiger Woods has joined the PGA Tour policy board for the first time in his 27 years on tour, giving commissioner Jay Monahan key support as he rebuilds trust while forging ahead with details of a business partnership with Saudi backers of LIV Golf.

Woods will become a sixth player director — a year ago, the PGA Tour had only four players on its board — as part of a broad agreement that gives the players a greater voice and awareness of any major deals going forward.

The announcement is a response to the PGA Tour having secret talks with the head of Saudi Arabia’s national wealth fund that led to a proposed partnership that was announced in June and stunned players who had lined up behind the tour to fend off the Saudi threat.

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Woods, as the sixth player director, marks the first time players have outnumbered the five independent directors on the board. The 12th board member is the PGA of America president, John Lindert.

Equally critical to Monahan was the support from Woods. Monahan is seeing players this week at the Wyndham Championship in Greensboro, North Carolina, for the first time since he took a month-long leave because of a medical situation. He returned to work two weeks ago.

“I am honoured to represent the players of the PGA Tour,” Woods said in a statement, his first public comments since the Saudi deal was announced. “This is a critical point for the tour, and the players will do their best to make certain that any changes that are made in tour operations are in the best interest of all tour stakeholders.”

Woods thanked Monahan for agreeing to act on the players’ concerns and said “we look forward to being at the table with him to make the right decisions for the future of the game”.

“He has my confidence moving forward with these changes.”

Woods had been one of the strongest opponents of LIV Golf and helped run a meeting of select players last August in Delaware to restructure the PGA Tour model, geared toward bringing the top players together more often for $30 million purses.

While limited in his appearances because of injuries from a February 2021 car crash, Woods remains the most powerful voice among players. He has never served on the Player Advisory Council or the PGA Tour policy board. But his opinions have always been sought — and often heard — in private with Monahan and his predecessor, Tim Finchem.

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“Tiger’s voice and leadership throughout his career have contributed immeasurably to the success of the PGA Tour, and to apply both to our governance and go-forward plan at this crucial time is even more welcomed and impactful,” Monahan said.

The tour said “player leaders” asked for certain steps to be taken immediately, and Monahan agreed. That starts with amending the board’s governing documents to ensure no major decision can be made without prior involvement and approval of the players on the board.

Monahan recently appointed Colin Neville, a partner at The Raine Group, as an adviser to the player directors as the tour works out a definitive agreement with the Public Investment Fund and the European tour.

Under the agreement announced this week, Neville will be kept abreast of negotiations on the framework agreement and given full access to documents as he represents the players.

Monahan said he was committed to restoring “any lost trust or confidence” from what he described as the surprise announcement on June 6. According to the framework agreement, the sides have until December 31 to reach a definitive deal, although that can be extended.

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