In response to the ongoing raid by LIV Golf, the PGA Tour’s players have been strategizing and details have surfaced as the contents of Tuesday’s players-only meeting.
Tiger Woods‘ heroic dash to Delaware was of no surprise to anyone. Although secrecy was supposed to be applied following the PGA Tour’s players-only meeting.
The Firepit Collective is reporting the Tour has put together a plan in which they could hold 18 no-cut tournaments, involving 60 players, and crucially the scope to compete for $20million purses.
For context, bitter rivals LIV Golf currently have $25m purses.
The Tour isn’t reportedly stopping there and has conceived other ways it can potentially keep pace with the Saudi breakaway league.
Relinquishing their non-profit status is another mechanism in which the PGA may engender further financial fluidity. Both Woods and Rory McIlroy are reportedly in support of the change.
Details from Tiger Woods’ crunch meeting with PGA Tour players have been revealed
This would reportedly result in a $20-50m annual loss but privatization would allow a greater financial canvas in order to commensurately pay their players.
Despite the PGA’s push, there were no attempts from Woods to coerce imminent defectors from joining LIV.
The meeting at Hotel du Pont was reportedly centered around providing solutions for retaining the Tour’s elite players while also cementing his status as a Tour figurehead.
The PGA Tour is fighting back against Greg Norman’s breakaway LIV Golf Series
‘His mission, as a self-appointed shadow commissioner, is to reshape the PGA Tour in a way that enough new money will flow to ensure top players will want to stay,’ Shipnuck said via The Firepit Collective.
‘While giving himself a slice of the pie and more of a say in how the Tour operates.’
The PGA Tour’s postseason wraps up next week at the Tour Championship at East Lake Atlanta. The winner of the FedEx Cup Playoffs will take home $18m.
Thereafter it will be game on. The Tour will see just how effective Woods’ act in the name of unity has been.