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Golf

Report: U.S. Justice Department to investigate PGA Tour-PIF deal

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Published in Golf
Thursday, 15 June 2023 05:51
Last week’s announcement that the PGA Tour and the Public Investment Fund of Saudi Arabia had reached a “framework” agreement to create a new entity has drawn the attention of the Justice Department. According to a report in the Wall Street Journal, a Tour official informed employees that the Justice Department plans to review the agreement for antitrust concerns. That…
LOS ANGELES – As the unanswered questions mount about the PGA Tour’s “framework” agreement with the Public Investment Fund of Saudi Arabia (PIF), the circuit is set for a new round of grilling next week at the Travelers Championship. Following a contentious player meeting last week at the RBC Canadian Open, the Tour plans to hold another player meeting next…
The 123rd U.S. Open begins Thursday at Los Angeles Country Club in Los Angeles, California. The GolfChannel.com writers weigh in with their predictions: Who wins the 132nd U.S. Open? RYAN LAVNER: Brooks Koepka. An easy pick, perhaps – his major record this year, his major record in general – but it’s also the wisest one. The major in which he’s…
LOS ANGELES – Where was Maxwell Moldovan when he found out he was receiving one of the final three spots in this year’s U.S. Open field? P.F. Chang’s. The Ohio State senior, who will return to school for a fifth year this fall, was first alternate after losing in an eight-hole playoff at the Springfield, Ohio final qualifier last Monday,…
Federal scrutiny of the “framework” agreement between the PGA Tour and the Public Investment Fund of Saudi Arabia intensified Tuesday when a pair of U.S. senators urged Attorney General Merrick Garland to examine the deal for potential antitrust violations. According to ESPN.com, the letter was sent by Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) to Garland and Assistant Attorney…

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