⛳️ Big PGA/LIV merger announcement

PLUS: how to hit long irons, PGA eligibility getting harder, and more

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Happy Valley Golf Team
November 04, 2024

Good morning. This is your Happy Valley Golf Team Monday newsletter. Let’s get it!

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The unthinkable may have just happened! The PGA Tour and LIV Golf have finally decided to stop fighting and put a ring on it.

Let's dig into this bombshell announcement..

The Big Money Move 

Word on the street (specifically from The UK Sun) is that Saudi Arabia's mega-rich Public Investment Fund (PIF) might be dropping a whopping $2 billion to join forces with the PGA Tour. That's enough money to buy about 8 million top-of-the-line golf clubs!

Here's what they're cooking up:

  • LIV Golf would keep running 14 tournaments, but now under the PGA Tour's umbrella

  • PIF would get an 11% slice of the PGA Tour pie

  • They'd also snag two comfy seats on the board, including the chairman's spot

The Golf Superstars Behind the Scenes 

Guess who's helping to seal the deal? None other than Tiger Woods and Rory McIlroy. These guys are like the golf world's version of superheroes right now. They're part of a special seven-person team that includes John Henry (the sports mogul who owns stuff like the Boston Red Sox). These folks have been meeting three times a week - talk about dedication!

But Wait... Is This For Real? 

Here's where it gets interesting (and a bit funny). While everyone's buzzing about this news:

  • The usual golf news big-shots haven't backed up the story

  • Some people are raising eyebrows because The Sun broke the news first (kind of like hearing about space news from a cooking magazine 😄)

  • There's still a bunch of paperwork and official stuff to sort out

The Bigger Picture 

Remember back in February 2024 when the PGA Tour got cozy with Strategic Sports Group (SSG) for $3 billion? Well, this new deal would be like adding another scoop to that already pretty sweet ice cream cone.

Questions Still Up in the Air 

People (me, I am the people) are wondering:

  • Can players hop between LIV and PGA Tour events like they're changing golf shoes?

  • Will LIV tournaments finally count for world rankings?

  • What happens to team competitions?

Most golf fans are being cautiously optimistic about all this - they've seen too many false starts to get too excited just yet. It's kind of like when someone yells "FORE!" - you don't know if the ball's really heading your way until you see it!

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Thanks for reading!

Enjoy your week,

Cody.