PGA Tour and Saudi-Backed LIV Golf Announce Historic Merger, Bringing New Level of Competition and Financial Stability to Professional Golf World.

The PGA Tour and Saudi-backed LIV Golf have announced a historic merger, ending two years of disruption and distraction in the professional golf world.

In a joint statement, PGA Tour Commissioner Jay Monahan said the merger would benefit the sport. “Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made — to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future,” Monahan said.

The merger comes after the PGA Tour was sued by LIV Golf last year for antitrust violations. The deal will end all litigation between the parties, the organizations said in a Tuesday statement.

The merger is seen as a major victory for the PGA Tour, which had been in a bitter rivalry with LIV Golf on the geopolitical stage. Monahan had previously said that playing in LIV events would warrant an apology.

The merger is expected to bring a new level of competition to the professional golf world. It will also bring a new level of financial stability to the PGA Tour, which has been struggling due to the pandemic.

The merger is seen as a major step forward for the sport of golf, and for the PGA Tour. It is expected to bring a new level of competition and financial stability to the sport, and to the organizations involved.