Golf-PGA Tour, DP World Tour announce 13-year partnership

(Reuters) - The PGA Tour and DP World Tour on Tuesday announced a joint venture partnership amid the ongoing threat posed by the Saudi Arabia-backed LIV Golf Invitational Series that has already poached a handful of high-profile golfers.

As part of the new partnership, which runs through to 2035, the PGA Tour will increase its existing stake in European Tour Productions to 40% from 15%.

In addition, from 2023, the top 10 players in the DP World Tour's rankings will receive PGA Tour cards for the following season. The DP World Tour will also annual prize funds to its membership for the next five years.

(Reporting by Frank Pingue in Toronto)

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Golf

Golf-Buhai credits mental coach for Women's British Open win
Golf-South African Buhai wins Women's British Open in dramatic playoff
Three Malaysian winners off to Germany
Amir captures second straight UA title
Make your bunker shots count
Quality field for Jakarta event
Vokey launches 2022 T Grind wedge
Golf-Bet with caddie behind Chun's British Open charge
Golf-Borrowed clothes maketh the woman: Jessica Korda finds form at Muirfield
Golf-Home winner at Women's British Open would inspire next generation: Hall

Others Also Read