The PGA Tour has agreed to merge with the rival Saudi-backed upstart LIV Golf league, in a shocking turn of events in the golf world.
LIV Golf is run by the Saudi Arabia Public Investment Fund, which is controlled by the Saudi crown prince, Mohammed bin Salman.
The upstart league came out of nowhere was able to lure numerous top stars away from the PGA Tour, including Phil Mickelson, Dustin Johnson, Brooks Koepka, and Bryson DeChambeau with massive paydays funded by Saudi oil money. Mickelson, for instance, is estimated to have signed a $200 million deal to defect to LIV – and that's not including any prize money he wins.
Mickelson reacted to the news:
The two leagues and many players within each have been embroiled in a strong rivalry since LIV's appearance on the golf scene. There was also ongoing litigation between the two leagues and this merger drops all of it.
Here is the full statement from the PGA Tour.
I didn't see this coming. At least not this quickly. But, here we are.