PGA Tour's Deal with Public Investment Fund Remains on Track for Year-End Deadline

Commissioner Jay Monahan to meet with PIF governor next week, reveals talks with multiple potential investors for new for-profit entity.

PGA Tour commissioner Jay Monahan confirms Dec. 31 deadline for deal with Public Investment Fund (PIF) remains firm.
Monahan plans to meet with PIF governor Yasir Al-Rumayyan next week to advance discussions.
Monahan reveals the PGA Tour is in talks with multiple parties about potential investment in a new for-profit entity.
Potential agreement with PIF may include at least one additional co-investor.
Monahan emphasizes the importance of players transitioning from being independent contractors to owners in their sport.