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Friday, December 8, 2023

Tiger Woods joins PGA Tour advisory board; spells doom for LIV Golf deal

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Tiger Woods was added as a Participant Director to the participant advisory board Tuesday. He joined Patrick Cantlay, Charlie Hoffman, Peter Malnati, Webb Simpson and Rory McIlroy.

Practically each outlet reported Woods being added to the board. However a lot of them missed the mark.

This transfer signifies a probably main shift in energy of negotiations with the Saudi Public Funding Fund (PIF).

Simply at some point prior on Monday, Woods and 40 different PGA Tour gamers together with Jon Rahm, Scottie Scheffler and the remainder of its stars, despatched a letter to PGA Tour Commissioner Jay Monahan, per the Washington Publish. There have been two chief issues expressed — transparency and voting energy.

By including Woods as a Participant Director, tour gamers now maintain six seats, guaranteeing they’re now not outnumbered.

The unbiased administrators embody Ed Herlily (Chairman), Jimmy Dunne, Mark Flaherty, Mary Meeker and the alternative for Randall Stephenson, who resigned amidst the information of the LIV Golf deal.

A twelfth seat exists for PGA of America Director John Lindert. Despite the fact that that seat retains voting energy, it has usually not been a part of the voting course of up to now.

“Accordingly, the Participant Administrators could have full transparency and the authority to approve — or to say no to approve — any potential adjustments to the Tour as a part of the Framework Settlement discussions,” the tour mentioned in its assertion Tuesday.

It stands to purpose that Woods, perhaps essentially the most influential participant within the sport’s historical past, can be very energetic in negotiations.

“I’m honored to characterize the gamers of the PGA TOUR. This can be a crucial level for the TOUR, and the gamers will do their greatest to make sure that any adjustments which are made in TOUR operations are in the most effective curiosity of all TOUR stakeholders, together with followers, sponsors and gamers,” Woods mentioned in an announcement.

Make observe of the entire capital letters. He’s sending a message, reinforcing the place he stands.

The second a part of this was transparency.

PGA Tour gamers have overtly expressed dismay with being left at midnight. Rahm, Scheffler, McIlroy have all been very outspoken on this subject.

Monahan is conscious that the gamers’ belief in him has eroded and appears to rectify that.

“I’m dedicated to taking the mandatory steps to revive any misplaced belief or confidence that occurred because of the shock announcement of our Framework Settlement,” Monahan mentioned.

Due to this fact, he appointed Colin Neville of The Raine Group as a ‘third-party advisor’ to the golfers. Neville can be ‘totally conscious of the state of the negotiations contemplated by the Framework’s settlement… Neville can be offered full entry to any paperwork or data that he requests as being vital for him to hold out his duties on behalf of the gamers,’ the assertion learn.

The PGA Tour had been listed as a corporation for the gamers, run by the gamers. However that very clearly has not been the case up to now.

These governance adjustments look like the primary main shift in energy.

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