For the past couple of days, players and golf fans alike have been reeling over the possible ramifications of the shocking merger among the PGA Tour, the DP World Tour, and LIV Golf. Most, if not all, have directed their ire at the main architects of the deal, especially PGA Tour commissioner, Jay Monahan.
Amidst taking heat for his sudden decision, the 53-year-old also pulled out of a prior commitment, adding further fuel to the fire. It goes without saying that Monahan is under considerable scrutiny at the moment, with many fans even questioning his leadership skills.
PGA Tour chief pulls out of event at Trinity College after $65 million news surfaces
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Growing up, Jay Monahan had made a name for his sporting acumen, going on to play Division III golf and hockey at Trinity. He eventually carved out a professional path in golf, and in 2017, he ascended to one of the most commanding positions in the sport as the commissioner of the PGA Tour.
🚨TOUR Commisioner Jay Monahan was a “no show’ this afternoon for a panel discussion on ‘Committing to the Future: The Role of Sports in Modern Society’ in Connecticut ⬇️ https://t.co/nJE6xbIp2x
— NUCLR GOLF (@NUCLRGOLF) June 10, 2023
Owing to his success, the PGA Tour chief was recently invited to his alma mater for a panel discussion on “Committing to the Future: The Role of Sports in Modern Society.” However, Monahan was a “no show,” given the recent turn of events. Reports of his absence come hours after Monahan offered an insight into the reason behind teaming up with the Saudi Public Investment Fund (PIF).
Confirmed the WSJ report.
In addition to Tour's $50 million in legal spending, DPWT had spent around $15 million, Monahan said in last week's staff meeting.
“These resources were diverted from growing our business and serving our players.” https://t.co/87oiiuZJrz
— Brentley Romine (@BrentleyGC) June 10, 2023
Per the Wall Street Journal, Monahan said in a speech on Thursday that he cannot keep spending on a battle against the rival LIV Golf. The Tour has already washed away $50,000,000 in various legal fights against the PIF-backed breakaway league! According to reports, the European Tour has also spent nearly $15,000,000 over the past year or so.
Also Read: ‘Promise You That’: Hours After a Huge Merger, Jay Monahan Makes Another Stellar Announcement
“We cannot compete with a foreign government with unlimited money,” the WSJ reported Monahan as saying. “This was the time. … We waited to be in the strongest possible position to get this deal in place.” The PGA Tour chairman is currently getting significant flak from golf fans, globally.
Jay Monahan comes under attack from fans
After the LIV series took away many big-name golfers with multi-million dollar deals, the PGA Tour further retaliated with bumped-up prize purses. Both factions were also at each other’s necks with various lawsuits. And then, the bitter fight suddenly ended last Tuesday, with Jay Monahan and PIF governor Yasir Al-Rumayyan, appearing side-by-side on CNBC to announce a new merger. Many PGA Tour loyalists were justifiably taken aback. Meanwhile, most golf fans have expressed their dismay over the news, with their annoyance only picking up steam by the day.
What a great leader
— Will Daniels (@wedaniels7) June 10, 2023
Jay is a puppet.
— Jason M. (@Jmillwood77) June 10, 2023
$50M sounds quite unreasonable for what had occurred in the case…
— Brysandel DeChamblee (@brysandel) June 10, 2023
Then he shouldn’t have been so morally superior for the last 2 years.
— David Stabenaw (@stabmarine) June 10, 2023
Some fans also empathized with the players, especially after several of them turned down huge deals from LIV. Just days ago, World No. 3, Rory McIlroy, opined about feeling like a “sacrificial lamb“ after the announcement. On the other hand, a handful of golf enthusiasts are more levelheaded about the entire fiasco as they look forward to how the union will work out.
Piss poor management. The players were rolled.
— Scottsdale Leafs “Blue Checkmark” (@ScottsdaleLeafs) June 10, 2023
Now this makes sense to me. I do not like it, but I understand it. Dunne and Herlihy are very smart businessmen and understand situational leverage. Let’s hope it turns out well. PIF is a global force-better to partner than perish forvthe Tour.
— Tj Cahill (@TjCahill11) June 10, 2023
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Every day, new details keep coming in about the PGA-LIV merger. Recently, Jimmy Dunne, who has been credited as the chief architect of the deal, shared that the Tour loyalists will be rewarded with equity stakes. As fans receive more and more information, it will be interesting to see how the mega-merger plays out down the road!
Watch This Story: Days After Huge $3,000,000,000 News, Tiger Woods Triggers Deep Concern As Disturbed Golf World Left Unhappy With His Silence
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Do you agree with Jay Monahan’s sentiments concerning the new deal? Tell us in the comments!