Senate Democrats blast PGA Tour-LIV Golf framework agreement: 'There is something that stinks about this path that you're on right now.'
Sen. Richard Blumenthal speaks during a Senate Subcommittee on Investigations hearing on the proposed PGA Tour-LIV Golf partnership, July 11, 2023, on Capitol Hill.With families of victims of the Sept.
Sen. Ron Johnson, R-Wisc., agreed, noting that the PGA Tour has estimated assets of $1.25 billion, while the Saudi Private Investment Fund financing LIV Golf is worth more than $600 billion -- "it's not a fair fight," Johnson said. When Blumenthal specifically asked Price whether the PGA Tour would commit to ensuring that players could freely speak their minds, even if that meant supporting players in court if need be, Price didn't initially offer a definitive answer, saying, "We would try to protect their interests."
"What happened that led the PGA to change its position? Was it only the hope of ending litigation? Or was it also the unspecified amount Saudi investment that would come of it? Just how much money did PIF offer the PGA Tour?" he asked prior to Price's revelation. "It was very upsetting. It was like a gut punch. Just like the floor falls out from beneath your feet," Strada said.
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