12/16/2023 0 Comments Tiger woods pga tour 06![]() ![]() This week, after three months, it was finally filled by Joe Gorder, the executive chairman of Valero. In the last few months we’ve had Tiger Woods added to the board, AT&T CEO Randall Stephenson resign from the board, and an exhaustive search for someone to fill his empty chair. Never before has there been such constant conversation about the PGA Tour Policy Board, the 12-person body that governs many of the PGA Tour’s biggest decisions. The remaining five player-directors on the 12-member board will elect a successor to serve McIlroy's term, which ends after next year.Rory McIlroy speaks with the press at the DP World Tour season-ending Tour Championship. He already has clinched his fifth season title on the European tour and said he felt he was playing some of his best golf, even as he tries to end a decade without winning a major. McIlroy also is involved in TMRW Sports with Tiger Woods, an entertainment and media venture that is behind the new tech-infused TGL golf league that starts in January. Even before LIV Golf was created, McIlroy was the first to say he was not interested in a new league, saying he wanted to be "on the right side of history." Through it all was a threat of a new league funded by Saudi Arabian wealth. He served on the PAC in 20, the latter right in the middle of the COVID-19 pandemic and the tour finding a way to resume playing. Players do not receive fees for serving on the board, and McIlroy got involved in tour business at a rough time. As recently as last week, he said he hoped the PIF is involved in the tour deal "and we can bring the game of golf back together." He also said that day he had come to terms with the Saudi involvement in other sports, and that perhaps the tour was better off being a partner as long as it's done the right way. The day after the shock announcement, McIlroy said, "It's hard for me to not sit up here and feel somewhat like a sacrificial lamb and feeling like I've put myself out there and this is what happens." ![]() McIlroy constantly criticized Greg Norman, the CEO of LIV Golf, and panned some of the younger players who went to LIV for "taking the easy way out."īut he was left in the dark about Monahan's secret negotiations with the PIF in May, along with other top players. LIV Golf recently completed its second year, and it remains unclear how the PIF's deal with the tour affects it. No player has been more outspoken than McIlroy about the PIF's financial backing of rival league LIV Golf, which attracted a number of major champions with enormous signing fees. The deadline to finalize the tour's deal with the Saudis, an agreement announced June 6, is the end of the year, though the deadline can be extended. Monahan said in a memo to players earlier Tuesday the tour was working toward finalizing an agreement with the Public Investment Fund of Saudi Arabia and trying to narrow bids from a handful of private equity firms wanting to invest in the for-profit PGA Tour Enterprises. The New York Times first reported McIlroy's resignation. "Given the extraordinary time and effort that Rory - and all of his fellow player directors - have invested in the tour during this unprecedented, transformational period in our history, we certainly understand and respect his decision to step down in order to focus on his game and his family." "Rory's insight has been instrumental in helping shape the success of the tour, and his willingness to thoughtfully voice his opinions has been especially impactful," they said. ![]() In a statement, PGA Tour Commissioner Jay Monahan and board chairman Ed Herlihy thanked McIlroy for his dedication and commitment the last five years - two years on the Player Advisory Council, one as PAC chairman who sat in on board meetings, and the last two years as the first international player to serve on the board. But yeah, the game of professional golf has been in flux for the last two years." Not what I signed for whenever I went on the board. McIlroy did not mention his decision earlier in the day at the DP World Tour Championship in Dubai, though one comment was telling about his three years on the board during some of the tour's most turbulent times.Īsked if he liked having a seat the table, McIlroy said, "Not particularly, no. Rory McIlroy resigned from the PGA Tour board on Tuesday, an abrupt move that comes as the tour is trying to finalize an agreement to create a new commercial enterprise involving Saudi Arabia's national wealth fund. ![]()
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