Tiger Woods will today receive an email from Sawgrass HQ informing him that he will receive up to $100 million in equity for staying loyal to the PGA Tour, with Rory McIlroy benefitting possibly to the tune of $50M for not joining LIV Golf.Jay Monahan, the PGA Tour commissioner, will press the button on the ultra-personal messages that have been eagerly awaited since Strategic Sports Group — a consortium of US investors led by Liverpool FC owner Fenway Sports — pumped $1.5 billion into PGA Tour Enterprises, the new for-profit company, three months ago.Approximately two thirds of that figure will be divvied up as equity to 193 golfers, although with $750 million to be split among the 36 superstars adjudged by the circuit to be most deserving the sums will be wildly different. Little wonder, therefore, that Monahan and his management team have been at pains to keep the breakdown confidential.The Tour has already informed its members that Career Points is a key factor in deciding who gets what. Career Points are awarded based on players’ achievements during their time competing on Tour.Other considerations will include their performance in the Player Impact Program, which was implemented three years ago primarily to prevent the formation of a separate league. This program provides rewards to players who have made the biggest impact on the Tour’s overall business, including ticket sales, sponsorships, media viewership, and fan involvement.As of now, Woods has received $35 million from the PIP, whereas McIlroy, who ranked first in last year’s program, has earned $30.5 million from this revenue stream. Woods, with a total of 82 Tour titles, is expected to have a significant lead in the overall standings.Experts predict that he could potentially earn twice as much as any other player under the sliding-scale system.Phil Mickelson would have been second had he not jumped ship to LIV — the rebels are obviously excluded — although the new entity and this scheme would almost certainly not have come to fruition but for the formation of the Saudi-funded league and, in part, to Mickelson’s role in the sporting Civil War.With three victories in the FedEx Cup — basically the PGA Tour money list — to his name, McIlroy will be Woods’s nearest pursuer and there will follow the likes of Jordan Spieth and Justin Thomas, who will be due equity worth around $30 million.Of course, with Jon Rahm landing an upfront fee of $450 million to defect late last year, all of these names would have acquired far, far more if they had succumbed to the Saudi offers. And this record payday does not mean money in the bank. The recipients will be told how many equity units they have been granted and what the fair market value is at this juncture. They will not be able to cash in immediately and then make it a “double-bubble” by suddenly signing for LIV.After four years, 50 percent of their equity will be vested, with another 25 percent two years later and the remaining amount two years after that. They will also have to fall in line with the rules, which as well as not decamping, involve meeting the minimum requirements for Tour membership and, if not, providing services such as sponsors meets and media appearances.The fortunate thirty-six individuals will be pleased, while the following sixty-four participants will still receive a combined $75 million in equity. Another batch of players will share $30 million in total, with 57 individuals included, and $75 million will be divided among 36 retired players deemed as legends.The primary factor in each group will be Career Points. The organization has committed to distributing $100 million in equity annually in the future, recognizing individuals like up-and-coming player Ludvig Aberg, who has been rapidly earning Career Points.Naturally, the value of equity will increase, even though the ratings for the Tour on TV have been low recently due to a decrease in talent caused by the split.No one anticipates it dropping. If the Tour is able to strike a deal with the Saudi Public Investment Fund in the current negotiations, the players believe that their stocks may see a significant increase.If this outcome is uncertain, at least one thing seems certain – the current group of professionals will not be facing financial difficulties in the near future.Jon Rahm names PGA Tour events he’d still ‘love to play’ should rules changeTiger Woods to receive up to $100M equity payment for staying loyal to PGA TourGolf legend Woods’ Dating History: The Golfer’s Marriage, Mistresses, Girlfriends and MoreRevealed: Phil Mickelson To Retire on One Condition.Voice of LIV Golf claims Masters commentator tarnished his career at AugustaRecent CommentsJohn mcarthur on Lewis Hamilton makes FIA demand as F1 stars left gobsmacked by “ridiculous” rule change.JoAnn Hankinx on George Russell complained about Lewis Hamilton at the Japanese GP in clear radio message.
