Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeSportsGolfPGA News: Jay Monahan's pay rose, PGA Tour's legal fees soared in...

PGA News: Jay Monahan’s pay rose, PGA Tour’s legal fees soared in ‘22

Add to Favorite
Added to Favorite


PGA Tour commissioner Jay Monahan earned a $4.7 million pay raise in 2022 while the league’s legal fees soared more than 10 times year-over-year, according to the nonprofit’s IRS filing obtained by Sportico.

Monahan earned $18.6 million in 2022, up from $13.9 million in 2021, Sportico reported.

At the same time, the Tour’s legal fees increased by a factor of 10 to $20.7 million — reporting from just the first five months of the league’s legal war against LIV Golf. Golfers who jumped to LIV from the PGA Tour sued the league in August 2022 with the Tour filing a countersuit. The Tour reported $1.2 million in legal fees in 2021.

The $20.7 million was more than the previous 14 years combined, according to Sportico. The costs of fighting LIV were an impetus for the Tour to enter into a three-way merger with LIV and the DP World Tour in June, with Monahan saying that Tour by that point had spent $50 million in legal fees.

“We cannot compete with a foreign government with unlimited money,” Monahan reportedly told PGA Tour staff, according to The Wall Street Journal. “This was the time… We waited to be in the strongest possible position to get this deal in place.”

The Tour reported $1.9 billion in revenue in 2022, up from 1.59 billion in 2021, per Sportico.

–Field Level Media

Subscribe to get Latest News Updates

Latest News

You may like more
more

No. 4 Auburn, No. 12 UNC battle after comebacks to remember

The Maui Invitational semifinal on Tuesday night that will...

After slip-up, No. 5 Iowa State aims to keep foot on gas vs. Dayton

After squandering an 18-point lead and falling in the...

Boston College, Boise State to vie for Cayman tourney title

"Survive and advance" is a phrase usually saved for...

Memphis riding high ahead of matchup vs. Michigan State

Memphis' Penny Hardaway called his team's 99-97 overtime triumph...