According to a report, the PGA Tour will give Tiger Woods a $100 million loyalty bonus. As per The Message, Tiger Woods has gotten an email illuminating him that he will get up to $100m in value for remaining faithful to the PGA Visit. The veteran golfer, according to The Newspaper, has received an email from Sawgrass HQ stating that he will receive up to $100 million in equity for remaining loyal to the PGA Tour, and Rory McIlroy may receive $50 million for not joining LIV. Golf fans have anticipated this news after the PGA Visit sent off PGA Visit Ventures recently, a program that guaranteed players the capacity to gather value in view of profession achievements. The business adventure came from an organization with Key Games Gathering (SSG), a consortium of American games group proprietors drove by Fenway Sports Gathering, which possesses Liverpool FC, Boston Red Sox and others. At the time of its launch, it was anticipated that players would collectively be eligible to receive over $1.5 billion in equity in the new company. The grants would be contingent on a player’s career accomplishments, recent accomplishments, future participation and services, and PGA Tour membership status. 193 golfers will receive equity equal to approximately two thirds of the $1.5 billion figure that has been reported. However, according to The Telegraph, $750 million will be divided among the 36 superstars chosen by the circuit. The exact amount will likely vary based on the aforementioned factors. At the hour of PGA Visit Endeavors’ send off, Jay Monahan, Chief of the new Pursuit and Magistrate of the PGA Visit, underlined: “Today denotes a significant second for the PGA Visit and devotees of golf across the world. “We strengthen the collective investment of our players in the success of the PGA TOUR by making PGA Tour members owners of their league. “Fans win when we all work together to provide the best sports entertainment and put the emphasis back on the incredible and unrivaled competitive atmosphere created by our players, tournaments, and partners,” The first 36 players will probably be satisfied with their share, and the next 64 players will each receive $75 million in equity. However, the following section will feature 57 players sharing $30 million. Career points will be the most important factor in each group. The Tour has committed to awarding equity in the amount of $100 million annually in the future, with the potential for additional funding from sponsorships and broadcast deals. The significant sum that Woods is supposedly getting is obvious, given his 82 Visit titles and his status as quite possibly of the greatest name and individual brands in golf. Considering how enormous of a misfortune it is have Woods leave for LIV golf like individual players, for example, Phil Mickelson, this adventure seems to be a technique to forestall seriously doing the switch. Be that as it may, it is yet to be perceived the amount of an impact this drive will have. The upfront payment that Jon Rahm received when he left for the rival organization was $450 million, which is significantly more than the majority of PGA players will receive from this commercial venture.
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