Woods and McIlroy among PGA Tour cohort to share $750m windfall

LIV’s third season continues this week in Las Vegas, with the PGA Tour making its traditional stop in Phoenix.

CASH INJECTION: Tiger Woods of the United States and Rory McIlroy of Northern Ireland. Pic: Christian Petersen, Getty Images

Just 36 of the PGA Tour’s top players, including Tiger Woods and Rory McIlroy, will share $750m of equity in the new commercial entity created in alliance with a group of US-based sports team owners in a bid to safeguard the business from the threat of LIV Golf. 

The figure relates to half of the total equity due to be handed to players and is sure to raise eyebrows elsewhere on the PGA Tour.