According to Bloomberg, the PGA Tour is getting close to agreeing on a massive deal with Strategic Sports Group (SSG) that could give $3 billion to the PGA Tour.
This deal would be separate from a deal that would include Saudi Arabia’s PIF and does not have anything to do with LIV or even the DP World Tour.
SSG is comprised of John Henry, who owns the Boston Red Sox and Liverpool FC, Arthur Blank, who owns the Atlanta Falcons, and Steve Cowen, who owns the New York Mets.
SSG would become a minority stakeholder and the new for-profit company called “PGA Tour Enterprises.”
The PGA Tour will continue to negotiate with the Saudi PIF with hopes of reaching a deal to achieve some unity in the sport by the end of April.
Article originally appeared on: Golfwrx.com
