After Tiger Woods’ Bold Announcement, DPWT Leaked Memo Makes a Huge $148.5 Million Revelation

It’s been two months since the framework agreement was announced to bring together the American, European, and Saudi circuits of golf. What should have been a means to garner peace among the players and policy boards, rapidly turned into a worldwide debate.

With the very useful set of points and questions from the stakeholders, sponsors, golfers, fans, and the members of the policy board, the details of the framework agreement are coming together for the final deal. Amidst the tense atmosphere, yet another leaked memo from the DP World Tour has stirred things up.

DP World Tour makes a $148.5 million announcement

The reformations instigated by the $3 billion merger have been controversial at every step. LIV Golfers reacted to the memo sent by Jay Monahan talking about penalizing players who want their PGA Tour card again, and wanting to leave out those who filed lawsuits against the American circuit. In light of the many transgressions from the PGA Tour, the golfers offered a solution that Tiger Woods be appointed Player Director to keep a two-way communication channel for all stakeholders.

Also Read: After Ending Defeaning Silence on LIV Golf Merger, Does Tiger Woods’ Latest Statement Mean a Rift Between Him and the PGA Tour?

Woods has been feeling quite betrayed due to a number of scandalous announcements surfacing of late. Therefore, for him to accept the position was definitely a positive turn of events, and here’s another. A memo from DP World Tour was recently leaked as reported by Flushing It, wherein several fine points of the merger were enlightened. One of the biggest news was the total prize purse for next season,  announced to be a whopping $148.5 million. That is aside from the player compensation that the European and American tours want to bestow upon the golfers for their loyalty.

Aside from the monetary gains, the DP World Tour has also expressed its intent to find a way to bring back several LIV Golfers with a justifiable and “realistic pathway.” It seems like the storms are finally starting to die down one day at a time to pave a beautiful path for the $3 billion merger.

The time frame for the framework agreement is drawing near

The details concerning the PGA-DP-PIF merger need to be settled by the end of this year. The framework agreement has to move to become a final deal, and two months in, the three circuits are making considerable progress.

Of course, the hiccup only concerns the PGA Tour’s obstinance to refrain the defected golfers from returning with dignity. The disciplinary actions, penalties, and the need to go through Q-school again seem to be inciting the golfers. Regardless, with well over 4 months on hand, the three parties should be able to come to a reasonable agreement that benefits the players, sponsors, and individual tours.

What are your thoughts on the points in DP World Tour’s memo? Do you think the European tour will bring harmony with the players before the PGA Tour does? Share your thoughts with us in the comments below.

Watch this story: “I’m Getting Calls”: Weeks After the Massive Billion-Dollar Betrayal, Greg Norman Unveils a Makeshift Occurrence