International Courant
It seems that staying true to the PGA Tour has certainly paid off for golf’s two greatest stars.
Tiger Woods and Rory Mcilroy will reportedly every obtain an enormous payday after staying on Tour, relatively than defecting to LIV.
The 15-time Main champion will obtain $100 million, whereas McIlroy will rake in $50 million, by the newly shaped for-profit PGA Tour Enterprises.
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Tiger Woods of the USA and Rory McIlroy of Northern Eire meet on the 18th through the Celebration of Champions Problem throughout a apply spherical forward of the a hundred and fiftieth Open at St Andrews Outdated Course on July 11, 2022 in St Andrews, Scotland. (Kevin C. Cox/Getty Photos)
The Telegraph reported that roughly $750 million in fairness can be distributed amongst 36 “superstars” who’re the “most deserving.” One other $250 million can be distributed to about 160 different golfers.
The cash won’t be paid out abruptly, the outlet states.
“After 4 years, 50% of their belongings will vest, two years later one other 25% and the rest two years after that,” The Telegraph reported. “They can even have to stick to the foundations, which embrace not solely assembly the minimal necessities for Tour membership, but additionally offering providers akin to sponsor conferences and media appearances.”
There have been rumors that McIlroy was provided an $850 million deal and was contemplating becoming a member of LIV, however he quashed such hypothesis.
Rory McIlroy of Northern Eire in motion through the pro-am previous to the RBC Heritage at Harbor City Golf Hyperlinks on April 17, 2024 in Hilton Head Island, South Carolina. (Andrew Redington/Getty Photos)
“I’ve by no means gotten a quantity from LIV, and I’ve by no means even considered going to LIV,” McIlroy informed Golf Channel’s Todd Lewis final Tuesday forward of the 2024 RBC Heritage. “I believe the final two I’ve made it clear for years that I do not assume it is for me. That does not imply I decide individuals who went there to play.
“I believe one of many issues I’ve realized over the past two years is that individuals could make their very own selections about what they assume is greatest for themselves, and who’re we to guage them for that? However personally for me , my The longer term is right here on the PGA Tour, and it is by no means been totally different.”
Tiger Woods of the USA putsts on the primary inexperienced throughout day two of the a hundred and fiftieth Open at St Andrews Outdated Course on July 15, 2022 in St Andrews, Scotland. (Kevin C. Cox/Getty Photos)
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McIlroy mentioned Tuesday he’s inquisitive about returning to the PGA Tour Coverage Board after resigning in November.
Woods just lately posted his worst rating ever at Augusta Nationwide throughout The Masters earlier this month together with his third spherical of 82.
Fox Information’ Paulina Dedaj contributed to this report.
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Tiger Woods Will get $100 Million in Fairness for Staying at PGA, Rory McIlroy Will get $50 Million: Report
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