Tiger Woods will today receive an email from Sawgrass HQ informing him that he will receive up to $100 million in equity for staying loyal to the PGA Tour, with Rory McIlroy benefitting possibly to the tune of $50m for not joining LIV.
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TigerWoodstoreceive$100mequitypaymentforstayingloyaltoPGATourTigerWoodswilltodayreceiveanemailfromSawgrassHQinforminghimthathewillreceiveupto$100millioninequityforstayingloyaltothePGATour,withRoryMcIlroybenefittingpossiblytothetuneof$50MfornotjoiningLIVGolf.
JayMonahan,thePGATourcommissioner,willpressthebuttonontheultra-personalmessagesthathavebeeneagerlyawaitedsinceStrategicSportsGroup–aconsortiumofUSinvestorsledbyLiverpoolFCownerFenwaySports–pumped$1.5billionintoPGATourEnterprises,thenewfor-profitcompany,threemonthsago.
Approximatelytwothirdsofthatfigurewillbedivviedupasequityto193golfers,althoughwith$750milliontobesplitamongthe36superstarsadjudgedbythecircuittobemostdeservingthesumswillbewildlydifferent.Littlewonder,therefore,thatMonahanandhismanagementteamhavebeenatpainstokeepthebr
