Overview

• The PGA Tour defended its partnership with the Saudi-backed LIV Golf league before U.S. lawmakers concerned about "sportswashing" and antitrust issues.
• PGA Tour officials revealed Saudi Arabia's national wealth fund would contribute over $1 billion to a new commercial entity controlled by the PGA Tour.
• Documents suggest negotiators discussed proposals for Tiger Woods and Rory McIlroy to own LIV Golf teams and ousting LIV CEO Greg Norman.
• Randall Stephenson resigned from the PGA Tour's policy board over objections to the Saudi deal, citing human rights concerns.
• The future of LIV Golf and details of the final agreement still need approval from the PGA Tour's board as the Justice Department reviews potential antitrust violations.