PGA TOUR Strengthens Ties with DP World Tour

The PGA TOUR and DP World Tour have strengthened their existing alliance, reinforcing the bond between the Tours on each side of the pond.

A thirteen-year initiative extends the ‘Strategic Alliance’ between the two tours, making significant financial and structural changes to carry their partnership through to 2035.

 

 

 

 

 

 

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The summary is the PGA’s current stake in the DP World Tour is increased from 15 to 40%, drawing the memberships closer together and committing to ‘producing the most entertaining and compelling golf possible’ in the words of PGA Commissioner Jay Monahan in a press conference today.

Players on the DP World Tour receive a guaranteed increase in prize funds at Tour events.

The Tour’s refreshed alliance ensures collaboration on a ‘global schedule’.

Damn, this is big: starting 2023, the top 10 players in the DP World Tour standings will receive PGA Tour cards at the end of the year. https://t.co/dbK1AfFiac

— Dan Rapaport (@Daniel_Rapaport) June 28, 2022

The DP World Tour has really clamped down on those who defected to the LIV Series, punishing them for breaking rules laid out in the Tour Membership Handbook, which has been in place for some 30 years. However, they have not gone so far as to ban the LIV defectors, as the PGA Tour did.

CEO Keith Pelley had said that the DP World Tour ‘acted independently under our rules and regulations’. He made no comment regarding the future of the Ryder Cup, committing to the Strategic Alliance with the PGA Tour. He rounded off by saying the focus is for the future will continue to be prize funds and playing opportunities.

Cover Image Via golf365