Rahm’s signing now gives LIV seven of the last 14 winners of major championships, including three of the last five - Rahm, Brooks Koepka (PGA Championship) and Cameron Smith (2022 British Open). Sports Illustrated reported last week that PIF originally was willing to pump in $2 billion into the new commercial enterprise, with an additional $1 billion for an equalization pool to reward PGA Tour players who turned down Saudi riches to join LIV. PIF is the presenting sponsor of the Saudi Open this week, which concludes the Asian Tour season. It was unclear if they would be meeting this week. Monahan had said he would be meeting the Yasir Al-Rumayyan, the governor of PIF, last week until it was postponed. Stephenson said he also provided similar input to Liberty Media but that “I felt it would be inappropriate to engage directly as an investor or event paid advisor.” The Associated Press obtained a copy of the letter. However, Stephenson wrote to PGA Tour Commissioner Jay Monahan last Tuesday to say he has no interest in Acorn or its proposal, only that he has responded to Acorn questions about putting together an attractive proposal. Lasry, Blank, Cohen and Werner also are team owners in the TGL league founded by Tiger Woods, who is on the PGA Tour board, and Rory McIlroy, who recently left the board.Īcorn Growth was believed to include Randall Stephenson, the retired AT&T chairman who resigned from the PGA Tour board in July over objections to its deal with Saudi Arabia. Others in the group include Gerry Cardinale, managing partner of RedBird Capital who has ownership in AC Milan. Strategic Sports Group includes owners Marc Attanasio (Milwaukee Brewers) Arthur Blank (Atlanta Falcons) Cohen Private Ventures (New York Mets) Wyc Grousbeck (Boston Celtics) Tom Werner and John Henry (Boston Red Sox) Tom Ricketts (Chicago Cubs) and Marc Lasry (Milwaukee Bucks). The group the board unanimously chose was described as a consortium of American-based professional sports teams, led by Fenway Sports Group.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |