The PGA Tour will merge with the LIV Golf Tour, the Saudi-backed golf league that launched in 2021 and offered huge sums of money to PGA stars to attract them to the new league.
LIV was able to get big-name players like Phil Mickelson, Cam Smith and Brooks Koepka to leave the PGA Tour for LIV.
But, LIV Tour players have still been able to play in Major tournaments. In fact, Koepka just won the PGA Championship last month.
Read Also: Saudi Investment Head Offers $54M To Any LIV Golfer Who Shoots A 54: Has It Ever Been Done?
The two tours will merge and create a new, yet-to-be-named company. The PGA had filed lawsuits against LIV Golf, but the new merger will end all pending litigation.
The Saudi PIF (Public Investment Fund) is expected to invest billions of dollars of additional capital into the new, combined league, according to CNBC.
The LIV Golf tour is backed by the Saudi PIF.
Former President Donald Trump celebrated the news of PGA and LIV's merger on Truth Social. Trump called the agreement "A big, beautiful, and glamorous deal for the wonderful world of golf."
Trump had previously received criticism for hosting a LIV Golf event at his golf course.
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