PGA Tour players learn how much loyalty is worth in new equity program

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PGA Tour players learn how much loyalty is worth in new equity program
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Players who stayed loyal to the PGA Tour in the divide with Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth. The tour began contacting all 193 players eligible for $930 million in the Player Equity Program. It's a first-of-its-kind ownership plan for players.

Tiger Woods waves after his final round at the Masters golf tournament at Augusta National Golf Club Sunday, April 14, 2024, in Augusta, Ga. Rory McIlroy, of Northern Ireland, waves after making a putt on the sixth hole during the second round of the RBC Heritage golf tournament, Friday, April 19, 2024, in Hilton Head Island, S.C. Tiger Woods waves after his final round at the Masters golf tournament at Augusta National Golf Club Sunday, April 14, 2024, in Augusta, Ga.

The Telegraph reported Tiger Woods was to receive $100 million in equity and Rory McIlroy could get $50 million, without saying how it came up with those numbers.Jordan Spieth’s left wrist injury isn’t getting any better. It’s also not getting worseAnalysis: Golf has two dominant forces in Scheffler and Korda. It didn’t happen overnight

It also reported how the 36 players from the top tier were judged on “career points,” such as how long they were full members, victories, how often they reached the Tour Championship and extra points for significant victories. The program has an additional $600 million in equity grants that are recurring for future PGA Tour players. Those would be awarded in amounts of $100 million annually started in 2025.

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