PGA Tour Commissioner Jay Monahan: No Deadline Set for Potential PIF Deal

In a press conference before this week’s season-ending Tour Championship, PGA Tour commissioner Jay Monahan confirmed what most observers felt was unofficially true over the past several months: Don’t expect a resolution between PGA Tour Enterprises and Saudi Arabia’s Public Investment Fund any time soon.

Monahan told the media at East Lake Golf Club in Atlanta:

“We have not agreed to a deadline. We do not want to restrict ourselves in that way.”

Jay Monahan didn’t have many updates about the PIF negotiations during his press conference pic.twitter.com/umlGzRlWc8

— GOLF.com (@GOLF_com) August 28, 2024

Of course, when the framework agreement between the sides was announced on June 6, 2023, a self-imposed deadline of Dec. 31, 2023, was set.

After that deadline came and went, the sides said they would continue as long as meaningful progress was made. It was stated at that time that the hope was to wrap up negotiations by time the Players Championship was held in March, and reports were out that they certainly didn’t want talks to extend into April to take attention away from the Masters.

But after reports came out of a meeting in the Bahamas in March and another one held virtually in May, news on the talks to bring the PGA Tour into some sort of agreement with the entity that controls LIV Golf has mostly consisted of generic updates by the likes of Monahan and Tiger Woods.

Jay Monahan says this morning that the PGA TOUR has “no deadline” to come to terms with the PIF, despite announcing two previous deadlines that came and went.

What kind of progress is this? There are more questions now than when this “merger” was announced.

— Golficity (@Golficity) August 28, 2024

Two weeks ago, Monahan hinted that it’s more of a 2026 or even a 2027 thing to have LIV golfers potentially find a way back into PGA Tour events. The 2025 schedule was announced at that point and featured very few changes to this year.

With today’s announcement, it seems like the odds of something happening even in those years are less than they were just a couple of weeks ago.