Sports

Tiger Woods set for gigantic PGA Visit payday notwithstanding playing only two occasions this year

Tiger Woods will benefit significantly from his loyalty to the PGA Tour despite limited participation this season thanks to the newly established PGA Tour Enterprises fund

Tiger Woods is set to make a fortune thanks to his loyalty to the PGA Tour despite playing just two events this season.

The PGA Tour Enterprises fund, backed by a $3billion (£2.4bn) investment from the Strategic Sports Group (SSG), is trying to reshape their members into stakeholders in a novel for-profit venture. The pioneering program offers nearly 193 PGA Tour members the opportunity to garner more than $1.5bn (£1.2bn) in current and prospective equity.

by TaboolaSponsored LinkFully Redesigned 2024 Volvo XC90 Is Finally Here (Take A Look)VOLVO XC90

Woods is expected to receive the greatest grant valuation in Group 1 of a new investment fund for PGA Tour players. On Wednesday, the PGA Tour’s commissioner Jay Monahan, who is also the CEO of PGA Tour Enterprises, will notify members, divulging the worth of award grants for each loyal player who snubbed LIV Golf.

William Hill

To get into Group 1, players must have many Career Points, which measure how well they’ve done in their PGA Tour career. They get points for each year they’ve been on the tour, how many times they’ve made it to the Tour Championship and how many official Tour wins they have. They even get extra points for winning big tournaments like the majors or the Players Championship.

With a potent Career Points tally of 528, Woods is poised to receive a substantial share of the $750million (£602m) allocated among 36 players in Group 1. As one of the six PGA Tour policy board player directors appointed to the PGA Tour Enterprises board, Woods plays a pivotal role in steering the PGA Tour’s future and commercial endeavours.

Rory McIlroy has accumulated 199 points. Jordan Spieth and Justin Thomas have each earned approximately 100 points. While all four players are anticipated to be included in Group 1 and receive substantial rewards, the difference in Career Points suggests that Woods will likely get the largest payout, with McIlroy in second place.

GRAMMARLYWrite Sharper And Work Smarter With This Writing ToolCNN WITH CATHAY PACIFICMeet The Dancer On A Lifelong Quest For Perfectionby TaboolaSponsored Links

Although the exact portion of the fund designated for Woods remains undisclosed, players could receive potential earnings ranging from tens of millions to nothing. The Tour intends to keep the recipient’s identities confidential, but Woods is expected to belong to the top-tier group.

Woods has participated in two PGA tournaments so far this season – the Genesis Invitational and the Masters. He had to withdraw from The Genesis Invitational at Riviera Country Club due to back spasms and flu-like symptoms after completing the first round with a score of 72. His total score for the course was 96 [+2], with rounds of 72 and 24.

At the Masters, Woods recorded scores of 73, 72, 82, and 77, accumulating 304 strokes [+16] for the tournament. Despite his efforts, he earned $44,400 and landed in 60th place.

Related Posts

“[Greg Norman] Would Go Absolutely Apesh*t at Me”: Ex-Caddie, Who Claimed Tiger Woods Treated Him Like a “Slave”, Once Revealed

You might know Steve Williams as a former caddie for Tiger Woods. He was on Woods’s bag from 1999 to 2011. During their time together, Woods won 63 PGA Tour…

Tiger Woods and Rory McIlroy’s golf league announces new recruit who will play defining role

TGL, the tech-infused golf league being pioneered by Tiger Woods and Rory McIlroy, will launch in just a few months and fans have been given a glimpse at…

Amanda Balionis reveals she was left shaking over Tiger Woods interview which caused her to lose sleep

Amanda Balionis revealed that she was visibly shaking when she first interviewed Tiger Woods early into her days as a reporter for the PGA Tour. Speaking to Links Magazine, Balionis recalled…

Tom Kim issues apology after criticism from golf fans for breaking unwritten PGA Tour rule

Tom Kim has issued an apology after the PGA Tour star was criticized for hitting his putter into a green during the final round of the FedEx St….

‘Losing to [Phil Mickelson] Doesn’t Feel Very Good’: Tiger Woods Exposed Tense Equation With LIV Golfer Years Before Their Rift

In the field of golf, there is no doubt that one of the most exciting rivalries that has been witnessed is that between Tiger Woods and Phil Mickelson. Their rivalry in…

Oregon football head coach Dan Lanning receives Tiger Woods text about hole-in-one

Dan Lanning recently made his first hole-in-one at the Pebble Beach Par-3 course. Dan Lanning and his Oregon football team will begin their 2024 season on August 31st at home against…

Leave a Reply

Your email address will not be published. Required fields are marked *