Jon Rahm's move to LIV Golf, backed by Saudi funding, has caused a stir in the golf world. He reportedly secured over $500 million and won't be allowed to play in PGA Tour events. The move has led to legal battles and a potential shift in the golf landscape. The PGA Tour is also in talks for a multibillion dollar investment that could change the sport and open the door for further Saudi investment. Additionally, there's a looming deadline for the merger between the PGA Tour and Saudi PIF, with a bill introduced to revoke the Tour's tax-exempt status. The partnership between the PGA Tour and Saudi is being questioned as a potential mirage.
PGA TOUR, Saudi partnership more mirage than oasis as deadline looms. https://t.co/vwlr2Ngroy (via @scott_stinson) https://t.co/cVbq1ZNpCl
With the deadline for the merger between the PGA Tour and Saudi PIF fast approaching, two congressmen have introduced a bill to have the Tour's tax-exempt status revoked. The Tour reported $1.9 billion in revenue in 2022. READ: https://t.co/9vHuEzMl2z https://t.co/UCrthz9ayn
The PGA Tour is reportedly closing in an agreement with a group of prominent sports team owners for a multibillion dollar investment that could fundamentally change golf - as well as open the door for the Saudis to invest even further in US Sports https://t.co/f5jFQtIuJd
When LIV Golf landed Jon Rahm it was like the Saudis writing a letter addressed to the PGA Tour with nothing but the words 'fu-k you' written on it. It signaled that they're not exactly interested in finishing second. READ: https://t.co/f1i4sR0MVa https://t.co/MwAy1MNSGa
Jon Rahm under ‘strict instructions’ to stay quiet after LIV Golf defection https://t.co/jja6bRx3p2 https://t.co/5V9HtSX0lZ
Not only did Jon Rahm join LIV Golf for an obscene amount of money that will set up his family for generations, he doesn't even have to answer to the media about his controversial move. “There will be nothing until February, I’m not allowed to." READ: https://t.co/8c2ewmkMrO https://t.co/EgA4XyNF2j
Jon Rahm has secured a reported $500 million-plus with his move to LIV Golf. Now unable to play in PGA Tour events, Rahm's move may actually open up more prize money for lower-ranked golfers taking his place.
LIV Golf caused the PGA Tour's legal fees to increase 10 times over from 2021-2022 while forcing the Tour's hand right into the ones causing the bleeding. The Saudi's plan to take over professional golf is working, and it may be ahead of schedule. READ: https://t.co/wCSathSGOo https://t.co/1a0Bu3F8gP
LIV Golf chief executive Greg Norman says there will be "more apples falling from the tree" following Jon Rahm's decision to join the Saudi-funded tour. https://t.co/g8ukFJsoiO https://t.co/lbfLPJpp0X