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PGA Tour’s Pact With Saudi Wealth Fund Shows Many Details Left to Settle

Related Topics: PGA Tour, Jay Monahan

The PGA Tour’s tentative deal with Saudi Arabia’s sovereign wealth fund included only a handful of binding commitments — such as a nondisparagement agreement and a pledge to dismiss acrimonious litigation — leaving many of the most consequential details about the future of men’s professional golf to be negotiated by the end of the year.

The five-page framework agreement, which The New York Times obtained, has fueled a sustained furor since it was abruptly announced on June 6 by the tour and the wealth fund, the financial force behind the renegade LIV Golf circuit.