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PGA Tour's Deal with LIV Golf Prompts Federal Investigations

A little over a year ago, the launch of the new Saudi Arabia-backed LIV Golf International Series roiled the world of men’s professional golf. LIV Golf offered players millions in prize money and, after some of the biggest names in golf joined the LIV Golf Invitational tournament series, the PGA Tour suspended those players indefinitely. Naturally, legal action followed.
Now, pro golf is reeling again after the PGA Tour and LIV Golf announced they have joined forces to form a unified pro golf tour. The deal may have ended the litigation between the PGA Tour and LIV Golf, but it launched federal investigations into the new organization’s potential legal implications.

In this Chicago Daily Law Bulletin article written by Douglas Masters, managing partner of Loeb & Loeb’s Chicago office, and Advanced Media & Technology partner Seth Rose, the authors explore the PGA Tour and LIV Golf’s agreement to combine their golf-related commercial businesses and rights to create a new, as-yet unnamed organization, and the emergence of federal investigations in response to the sudden deal.

To read the full article, please visit the Chicago Daily Law Bulletin’s website (subscription required).