During a Senate hearing on Tuesday, PGA Tour Chief Operating Officer Ron Price said PIF would contribute at least $1 billion.
PGA Tour, Saudi wealth fund drop poaching clause from agreement at Justice Department's request
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Mr. Blumenthal asked if the tour explored other avenues of investment, which Price said wouldn’t have stopped LIV Golf from poaching golfers to join its upstart league.
Senate committee presses PGA Tour executives over proposed LIV Golf deal
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