Jay Monahan will return to his role as PGA Tour commissioner on Monday, July 17. Almost a month after it was announced that Monahan would be retiring from his duties while “recovering,” he will continue his leadership position with the Visiting PGA as an agreement with Saudi Arabia’s Public Investment Fund begins to take shape.
“Thank you for your support and leadership over the past few weeks,” Monahan wrote in a letter to the PGA Tour Policy Board. “I am pleased to announce that I will be returning to my role as PGA Tour Commissioner effective July 17, 2023. I am deeply sorry that I have not been able to be with you during this time. Two years The past has been very tiring for all of us. I personally experienced losses in the days following the announcement of our framework agreement and experienced adverse effects on my health. family and thanks to world-class medical care, my health has improved dramatically.”
Monahan’s absence comes a week after a landmark but controversial agreement was signed between the PGA Tour and PIF to host the commercial activities of a single professional golf organization in a single golf club. new for-profit company. The two sides have only signed a framework agreement and still need to discuss details, but litigation between the parties has subsided.
Monahan continued: “Over the past few years, as we have faced the challenge of questioning the future of the PGA Tour, we have devoted every bit of energy to ensuring a steady path forward for the organization. our office. “With the framework agreement with DP World Tour and PIF, we are well on our way to accomplishing this goal. If a definitive agreement can be reached, we can rest assured that the PGA Tour will continue to lead and shape the future. game for the future. Plus, we’ll be able to invest in our players and community like never before.”
Monahan, PIF governor Yasir al-Rumayyan and LIV Golf CEO Greg Norman were invited to testify at the hearing of the US Senate Permanent Subcommittee on Investigations on July 11: “PGA Agreement- LIV: Implications for the Future of Golf and Saudi Influence in the United States.”
All declined the invitation. Al-Rumayyan and Norman cited “schedule conflicts,” while the PGA Tour will instead send COO Ron and Tour board member Jimmy Dunne, who are believed to have settled the deal with the PIF.
