The PGA Tour Secures $3 Billion USD From US Sports Team Owners

Amid talks of a PGA Tour and LIV Golf merger, the PGA Tour appears to have strengthened its bargaining position. Although the two sides previously set a December 31 deadline to iron out details to combine their commercial assets, the dynamic of the discussions will now shift. Strategic Sports Group (SSG), a new group of investors comprised of billionaire US sports team owners including Tom Werner and John Henry of Fenway Sports Group, Steven Cohen of the New York Mets, Tom Rickets of the Chicago...