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The PGA Tour is hiring a CEO for the first time. Commissioner Jay Monahan has told his staff it's part of a plan to help grow business opportunities for the tour. This comes after a year in which Strategic Sports Group invested $1.5 billion into PGA Tour Enterprises with the possibility of doubling that. And the tour continues to negotiate with the Saudi backers of LIV Golf about becoming a minority investor. Monahan remains as commissioner of the PGA Tour. He also is part of the search committee led by Atlanta Falcons owner Arthur Blank.
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FILE - Commissioner of the PGA Tour, Jay Monahan IV speaks during a news conference ahead of the Tour Championship golf tournament, Aug. 28, 2024, in Atlanta. - AP Photo/Mike Stewart, file
