Home United States USA — Sport PGA Tour feared losing billions in antitrust battle before LIV Golf merger

PGA Tour feared losing billions in antitrust battle before LIV Golf merger

69
0
SHARE

Array
The specter of losing billions in its legal battle with LIV Golf was one of the driving factors behind the PGA Tour’s decision to partner with its Saudi-backed rival.
The Tour could have been on the hook for billions of dollars in damages if LIV Golf won its antitrust lawsuit against the Tour, according to the Wall Street Journal.
After seeing information about the Tour’s commercial prospect and having already lured some of the biggest names in golf like Phil Mickelson, Dustin Johnson, Brooks Koepka, and Bryson DeChambeau, the Journal reports LIV Golf believed the PGA Tour was “vulnerable.

Continue reading...