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Jan 31, 2024 · – The PGA TOUR – in partnership with Strategic Sports Group (SSG) –announced Wednesday the launch of PGA TOUR Enterprises, a new commercial venture under the PGA TOUR’s control, and in a ...
Jan 31, 2024 · The PGA Tour announced it has come to an agreement with Strategic Sports Group for private equity investment. The move, which has been expected since December, was made official to PGA Tour ...
- Joel Beall
Jan 31, 2024 · PGA Tour agrees to private equity investment from Fenway-led Strategic Sports Group, launches PGA Tour Enterprises Money The people behind Strategic Sports Group, the PGA Tour’s new $3 billion ...
- Joel Beall
Jan 31, 2024 · The PGA Tour has a new financial partner, Strategic Sports Group, as it formally launches PGA Tour Enterprises, a for-profit entity that tour pros will be able to receive equity stakes in.
- Matthew Rudy
ture PGA TOUR players that would allow them to benefit from the business’s commercial growth. Under this. program, players would collectively access over $1.5 billion in equity in PGA TOUR Enterprises. These grants – which vest over time – will be based on career accomplishments, recent achievements, future participation and servi.
Jan 31, 2024 · On Wednesday morning, PGA Tour commissioner Jay Monahan announced to players the Strategic Sports Group (SSG), an outside investment group headlined by Fenway Sports Group and comprised of several high-level U.S.-based sports owners, has partnered with the Tour to create PGA Tour Enterprises. The SSG will invest up to $3 billion, with an ...
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Jan 31, 2024 · Here’s the full three-page memo sent to PGA Tour players about the Strategic Sports Group deal on Wednesday a.m. - $3 billion total investment, led by Fenway Sports Group. - Initial $1.5 billion ...
