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PGA TOUR commissioner Jay Monahan waits on the 18th green during the final round of the TOUR Championship golf tournament at East Lake Golf Club in Atlanta on Aug. 27, 2023. John David Mercer/USA TODAY Sports via Field Level Media
The $3 billion investment that the PGA Tour received from the Strategic Sports Group to create the PGA Tour Enterprises will be divided into four groups to allow players to become equity holders, Monday Q Info reported Wednesday.
A memo was sent to PGA Tour players on Wednesday that detailed the equity groups and how the grants would work.
