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PGA Tour's Jay Monahan: Talks with PIF 'Enhanced,' But No Deadline for Agreement

PGA Tour commissioner Jay Monahan revealed that discussions with Saudi Arabia's Public Investment Fund are still progressing, but there is no deadline to reach an agreement.

"I would say that the priority, it's been enhanced," Monahan said on Wednesday, per ESPN's Mark Schlabach. "It's stronger. That's a direct result of dialogue and conversation and really starting to talk about the future, future product vision and where we can take our sport."

PIF, which finances LIV Golf, signed a framework agreement with the PGA Tour to form an alliance in June 2023. However, the merger is still being finalized.