Commissioner Jay Monahan discussed the momentum generated by a $1.5 billion private equity investment in the PGA Tour earlier this year. However, he advised patience regarding an investment deal with Saudi backers of LIV Golf. Monahan emphasized that while a deal with the Public Investment Fund of Saudi Arabia remains a priority, there is no set deadline for finalizing it.

At the season-ending Tour Championship, Monahan highlighted the importance of achieving the best outcome at the right time, contrasting the current situation to a deal made a year ago with PIF to create PGA Tour Enterprises. Recent developments, including the Justice Department’s request to modify an anti-poaching clause and player movements to LIV Golf, have impacted ongoing negotiations.

Monahan acknowledged the complexities of the discussions with potential investors and emphasized the need for time to reach a resolution. Despite challenges, the PGA Tour concluded its inaugural season of eight $20 million signature events and plans to continue with a similar schedule in 2025.

Notably, players affiliated with LIV Golf may face a lengthy process to become eligible to compete on the PGA Tour. PGA Tour president Tyler Dennis confirmed that players from LIV Golf must adhere to specific regulations and wait a year after their last competition to potentially join the tour.

Monahan also highlighted promising young talents emerging from various tours worldwide, expressing optimism about the development of players like Robert MacIntyre, Matthieu Pavon, Ludvig Aberg, and Nick Dunlap.

Regarding the PIF deal, Monahan reiterated the commitment to finalizing it but refrained from discussing specifics or negotiations publicly. He emphasized the importance of productive conversations to enhance the likelihood of positive outcomes.