PGA Tour Faces Crucial Decisions Amid LIV Golf Competition

As the deadline nears, Jordan Spieth denies alliance rumors while Jon Rahm's defection to LIV Golf stirs the pot.

• Jordan Spieth denies reports of an alliance with Patrick Cantlay and Tiger Woods on the PGA Tour board, stating that the decision-making process has been collective.
• The PGA Tour has until December 31 to finalize its agreement with the Public Investment Fund of Saudi Arabia (PIF), which is backing the LIV Golf tour.
• The PIF has reportedly offered to invest $2 billion into a commercial deal with the PGA Tour, along with an additional $1 billion for players who turned down offers from LIV Golf.
• Jon Rahm, the reigning Masters champion, has defected from the PGA Tour to join LIV Golf, reportedly becoming the highest paid athlete in 2023.
• The PGA Tour is also in negotiations with private equity groups Acorn Growth and Fenway Sports Group, which are believed to be leading contenders for investment.

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