Golfweek’s David Dusek provided a detailed analysis of Scottie Scheffler’s impressive victory at the Masters, securing his second title. Meanwhile, the Telegraph reported that Tiger Woods and Rory McIlroy are set to receive equity in PGA Tour Enterprises as a token of appreciation for their loyalty to the Tour instead of joining rival LIV Golf.
According to reports, Woods is expected to receive a $100 million stake, while McIlroy will receive $50 million. The newly-formed enterprise is majority owned by the PGA Tour and has received a $1.5 billion investment from Strategic Sports Group. The program aims to reward top-performing members and legends who have contributed significantly to the growth of the PGA Tour.
An initial round of player equity grants totaling $930 million will be awarded to 193 PGA Tour members, with the top 36 players receiving the majority based on a performance-based formula. Recipients of these grants will need to fulfill specific competition and service requirements before they can access them.
While details of the Telegraph report could not be confirmed by the PGA Tour due to regulatory reasons, this initiative aims to recognize and reward players’ contributions to the success of the Tour.
