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PGA Tour, Saudi PIF Partnership Deadline Passes With No Resolution

Jan 1, 2024

The midnight deadline to complete negotiations toward the reunification of pro golf came and went—but that doesn’t mean the PGA Tour and Saudi Arabia’s Public Investment Fund won’t eventually come to a deal.

It has been clear for several weeks that a definitive agreement between the two parties wouldn’t be reached before the deadline laid out in the framework agreement announced in June. Instead, sources tell Front Office Sports that the focus has been on a deadline extension—something that the provision framework stated can only be accomplished by “mutual consent of the parties.”

There’s been no confirmation that all parties agreed to extend the deadline, although PGA Tour Commissioner Jay Monahan wrote in a memo to players on Sunday that the Tour continued to have “active and productive conversations with PIF and the DP World Tour.”

Source: Front Office Sports

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