Tour to offer bulk of new money to 36 top players in equity ownership plan


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The PGA Tour is starting to give players an idea of what to expect from the new minority investor. Commissioner Jay Monahan has sent a memo to players breaking down the equity ownership program into four groups. The bulk of the $930 million — $750 million — would go to 36 players based on their careers, their last five years and their impact on the tour. He says $75 million would go to 64 players based on the last three years, and $30 million for 57 other players. Another $75 million would go to legends who helped build the tour.

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