CHARLOTTE, NC – The Premier Golf League, which promised multimillion-dollar guarantees to top-ranked golfers to break away from the PGA and European Tours, has come back with big offers for Dustin Johnson, Justin Rose, Brooks Koepka and Phil Mickelson.
The Daily Telegraph reported that the “World Tour” ‘would begin in September 2022, which would likely force players to choose between the PGA Tour and the circuit supported by Saudi Arabia’s monetary interests.
Two agents, who wished to remain anonymous, confirmed to ESPN that the Premier Golf League is once again courting players.
“It’s still alive and players and agents are just listening to their pitch,”
According to Telegraph history, there is plenty to consider.
The idea for a rival golf trip gained traction in early 2020 with talk of big guarantees and a team structure to create a star-studded trip that would play around the world. Originally, there were plans for an 18-event schedule from January to September with 48-player courses and $ 10 million purses each week with a season-ending team championship.
However, the plan apparently lost momentum when several players, including Rory McIlroy – who at the time was ranked No. 1 – said they would not participate. The coronavirus pandemic, which shut down all golf for more than three months, also stopped the situation.
But the plan is not dead. According to the Telegraph, a Saudi team of investors has set up in Jupiter, Florida, and they are looking for quick decisions from players to get the trip started.
Anyone who signs up would almost certainly not be allowed to compete on the PGA Tour, which requires releases for conflicting events on other tours that are typically limited to a handful of events each year.
“Our governance system is driven by our players and our board, and we have rules that allow us to protect the interests of our media partners, our sponsors and all of our constituents,” PGA Tour Commissioner Jay Monahan said last year about the Premier Golf League. “And if we reached that point, we would take steps to protect this business model carefully.”
Monahan was scheduled to attend an afternoon meeting with PGA Tour players at Quail Hollow Golf Club, the site of this week’s Wells Fargo Championship.
The PGA Tour has already taken steps to push back against players looking for guaranteed money.
Last fall, when the Premier Golf League made an offer to the European Tour to “take the trip to another level but in a different direction”, according to CEO Keith Pelley, Monahan moved to form a “strategic alliance” with the European Tour, who watched the PGA Tour, bought a stake in European Tour Productions and got a seat on the European Tour Board. Further collaboration is expected.
Two weeks later came the announcement of a player incentive program that was quietly approved last year and began in 2021 with a $ 40 million bonus pool to be split among 10 players who perform best in various engagement activities that “move the needle”. ‘and would pay $ 8 million to the player leading the program.
According to Telegraph history, the Premier Golf League would offer the best players $ 30 million in advance with a share of the teams they would be part of. These teams would compete week to week with individual results also logged and big-money purses for each tournament.
Due to the PGA Tours alliance with the European Tour, it is possible that Ryder Cup participation will also be denied to those who jump to the new circuit. It is unclear how the official world rankings can work and how it will affect the major championships.