Archive for: entity

JUST IN: PGA Tour Agrees to $3 Billion Investment in New For-Profit Entity — Amid Lingering Questions About Deal With Saudi-Backed LIV Golf

JUST IN: PGA Tour Agrees to $3 Billion Investment in New For-Profit Entity — Amid Lingering Questions About Deal With Saudi-Backed LIV Golf

Rich Graessle/AP The PGA Tour finalized an settlement with Strategic Sports activities Workforce so that it will see at the least $3 billion invested into the tour’s new for-revenue entity, ESPN stated Wednesday. The group, described as a “consortium of billionaire sports homeowners,” consists of owners from the Boston Crimson […]