SINGAPORE, March 5 (Reuters) - The two biggest tours in men's and women's golf have opened up the possibility of holding joint tournaments in the near future after the PGA and LPGA formalised a long-term strategic alliance agreement on Friday.
"From our collaboration in bringing golf back as an Olympic sport... to our cooperation in helping to grow the game of golf, our organisations have had a long history of working together for the common good of our sport," PGA Tour commissioner Tim Finchem said in a statement.
The partnership between the United States-based tours covers schedule coordination, joint marketing programs, domestic television representation, digital media and exploring the potential development of joint events, the latter already being explored by their European equivalents.