Overview
- Players who finish inside the top 50 in the 2026 FedEx Cup, finalized after the BMW Championship, will receive recurring equity grants in April 2027.
- The expansion roughly doubles the pool of recurring-grant recipients, with more than 200 members now holding stakes totaling over $1 billion in granted value.
- All PGA Tour members are eligible to earn equity under the enhancement, including players who already hold stakes in PGA Tour Enterprises.
- The equity program stems from Strategic Sports Group’s initial $1.5 billion investment, with initial grants vesting 50% at four years, 75% at six, and 100% at eight; annual recurring shares fully vest after six years.
- A committee chaired by Tiger Woods continues to study a revamped schedule—ideas include an “iconic start” and presence in major markets—though no decisions have been made and “scarcity” is not intended to cut playing opportunities.