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)
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: Report: PGA Tour rewards loyalty of Tiger Woods, Rory McIlroy

PGA News: Report: PGA Tour rewards loyalty of Tiger Woods, Rory McIlroy

Add to Favorite
Added to Favorite


Tiger Woods, Rory McIlroy and other PGA Tour stars are about to receive massive bonuses for their loyalty.

The Telegraph reported Wednesday that Woods will receive $100 million in equity as part of the newly created for-profit PGA Tour Enterprises, with McIlroy earning about half that amount.

The payouts are a way to thank players for sticking with the PGA Tour instead of jumping to rival LIV Golf and huge paydays from Saudi Arabia’s Public Investment Fund.

Several hundred players will receive a stake, with most of it going to the top 36 players based on a formula that weighs career success and cultural popularity.

PGA Tour Enterprises received a reported $3 billion investment earlier this year from Strategic Sports Group, a consortium of sports owners that includes the New York Mets’ Steve Cohen and the Atlanta Falcons’ Arthur Blank.

–Field Level Media

Subscribe to get Latest News Updates

Latest News

You may like more
more

No. 16 Michigan State streaks into matchup with Washington

No. 16 Michigan State has the longest winning streak...

Braden Smith, No. 20 Purdue visit reeling Rutgers

When junior guard Braden Smith is in attack mode,...

No. 15 Oregon visits Ohio State in ‘new’ atmosphere

Oregon will step outside its comfort zone when the...

NFL News: Report: 49ers remove DC role from Nick Sorensen

The San Francisco 49ers have removed Nick Sorensen from...