Golfweek’s David Dusek reported on Scottie Scheffler’s dazzling performance at the Masters, where he secured his second title with an incredible showing on the course.
In other golfing news, reports have emerged that Tiger Woods and Rory McIlroy could receive equity in PGA Tour Enterprises as a gesture of gratitude for remaining loyal to the Tour amidst tempting offers from LIV Golf. Woods is set to receive a $100 million stake, while McIlroy will get a $50 million share in the new enterprise. These rewards come as negotiations between the two circuits continue amid ongoing merger talks.
PGA Tour commissioner Jay Monahan has announced that a significant portion of current Tour members would be granted equity in the newly established for-profit entity. Majority-owned by the Tour and backed by a $1.5 billion investment from Strategic Sports Group, the initiative aims to recognize top-performing members and golfing legends who have shaped the modern PGA Tour.
The first round of player equity grants totals $930 million, with 193 PGA Tour members set to receive them. The top 36 players will receive the majority of these grants, determined by a performance-based formula. To qualify for the grants, players must participate in 15 or more events on the PGA Tour or fulfill service requirements proportional to the value of the grant.
While there has been no official comment from the PGA Tour regarding these specifics, it marks a significant development in recognizing loyalty and rewarding top performers in golfing circles
