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PGA Tour LIV Golf Senate hearing kicks off

The PGA Tour on Tuesday defended its controversial deal with the Saudi-backed LIV Golf league before senators, several of whom are critical of the agreement.The Senate Homeland Security Committee's subcommittee on investigations kicked off its first hearing about the merger of the PGA Tour's and LIV's commercial assets.A representative from LIV Tour or Saudi Arabia's Public Investment Fund wasn't present at the hearing because CEO Greg Norman is out of the country, according to a spokesperson. Ron Price, chief operating…

PGA Tour defends LIV Golf deal before Senate hearing

A PGA TOUR logo is seen after play was suspended due to severe storms during the third round of THE PLAYERS Championship held at THE PLAYERS Stadium course at TPC Sawgrass on May 14, 2011 in Ponte Vedra Beach, Florida.Streeter Lecka | Getty ImagesThe PGA Tour has begun its public defense of its deal with Saudi-backed LIV Golf ahead of a key Senate hearing slated for this week.The tour's chief operating officer, Ron Price, who is set to testify Tuesday, released an op-ed in The Athletic on Monday defending the deal and…

Former Broncos LB Shaq Barrett nabs Colorado Golf Club mansion for $4.7M

Former Bronco star Shaquil “Shaq” Barrett, a member of two Super Bowl-winning teams, and his wife Jordanna paid $4.7 million to purchase a new Parker mansion. Barrett, an outside linebacker who played football at Colorado State University, signed with the Broncos in 2014 and played for the team for five seasons before joining the Tampa Bay Buccaneers. He was named to the Pro Bowl and All-Pro teams in 2019 and won Super Bowl rings with the Broncos in 2016 and the Buccaneers in 2021. Preston Newberry with Your Castle Real…

This Chinese golf cart looks like an awesome electric mini-jeep

My regular readers will know that I’ve got quite a thing for golf carts. They’ll also know that I write a regular weekly column finding the coolest (and sometimes weirdest) electric vehicles in the massive online shopping catalog that is Alibaba. So when those things collide, well that’s what we call serendipity, folks! And that’s exactly what’s happened this week with the discovery of this fun jeep-like electric golf cart! It’s not the weirdest thing we’ve ever seen in the Awesomely Weird…

PGA Tour-LIV Golf merger structure revealed

Rafael Henrique | Lightrocket | Getty ImagesDetails are emerging of how the PGA Tour and Saudi-backed LIV Golf plan to merge their commercial operations and bring the sport's top players back under one new entity. In a five-page agreement obtained by CNBC, the parties — the PGA Tour, the Saudi Arabia Public Investment Fund and Europe's DP World Tour — agreed to create a for-profit subsidiary of the PGA Tour. The new entity will manage commercial assets for all of the tours, while the PGA Tour will manage competitions.The…

Red Sox owners buy Boston team in Tiger Woods, Rory McIlroy golf league

Boston Red Sox Chairman Tom Werner and owner John Henry speak to the media during spring training at the Player Development Complex on Feb. 19, 2018.Matt Stone | Medianews Group | Getty ImagesAnother sports powerhouse has joined the ownership ranks of the golf league being developed by Tiger Woods and Rory McIlroy.Fenway Sports Group, owned and run by John Henry and Tom Werner, will be the second of six teams to join TGL, the primetime golf league set to begin competition in January."We are excited for this new journey,"…

Qatari Fund Is in Talks to Buy Minority Stake in Washington Wizards, Capitals and Mystics

The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

Wyndham Clark Wins 123rd U.S. Open Golf Championship – The Hollywood Reporter

Wyndham Clark, a 29-year-old PGA tour golfer, claimed first prize at this year’s U.S. Open, which took place June 15-18 in Los Angeles. Sunday night’s victory makes it the Denver native’s first career major championship win; just last month, Clark celebrated his first PGA Tour win at the Wells Fargo Championship in North Carolina. “This is now my second win on the PGA tour, and the first one was surreal and this one is surreal. It hasn’t quite hit me yet…. It’s been a whirlwind of the last five, six…

PGA Tour Commissioner Jay Monahan takes medical leave

PGA Tour Commissioner Jay Monahan is taking a leave of absence as he recuperates from a medical condition, the organization said in a statement late Tuesday, just days after the tour announced a deal to merge business interests with the Saudi-backed LIV Golf league."Jay Monahan informed the PGA Tour Policy Board that he is recuperating from a medical situation," the tour said in a statement. "The board fully supports Jay and appreciates everyone respecting his privacy."The tour did not specify the nature of his medical…

PGA Tour, LIV Golf merger: Justice Department to investigate

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California.Ben Jared | Pga Tour | Getty ImagesThe Justice Department's Antitrust Division has informed the PGA Tour it will review the organization's proposed merger with Saudi-funded LIV Golf, a source told NBC News.The Justice Department declined to comment. CNBC has reached out to the PGA Tour and LIV for comment.The announcement of the deal last week immediately triggered antitrust…