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PGA Tour Enterprises welcomes Tiger Woods, John Henry, Arthur Blank to board of directors

Posted : 07 March 2024

In a significant development, golf legend Tiger Woods, Boston Red Sox owner John Henry, and Atlanta Falcons owner Arthur Blank have been unveiled as members of the newly established PGA Tour Enterprises board of directors.


This for-profit entity, formed in collaboration with the Strategic Sports Group (SSG) and announced in January with a $1.5 billion investment, aims to foster growth and investment opportunities for the PGA Tour. The 13-member board, overseeing PGA Tour commercial activities, will prioritize sponsorship, commercial ventures, new media, and fan engagement.


Of the 13 directors, seven will be players, with notable names like Woods, Patrick Cantlay, and Jordan Spieth serving as representatives. The remaining four SSG directors include John Henry, Sam Kennedy (MLB Red Sox president), Andrew Cohen (New York Mets vice chairman), and Arthur Blank, the owner of the NFL's Falcons and MLS' Atlanta United. Emphasizing their commitment to ensuring the sport's commercial growth benefits fans, John Henry stated that their role on the board would involve collaboration with player directors.


The board also incorporates six current players from the PGA Tour Policy Board, contributing to the shaping of PGA Tour Enterprises. Former PGA Tour player Joe Ogilvie has been chosen as the "director liaison," holding positions on both the PGA Tour Policy Board and the PGA Tour Enterprises directors board. PGA Tour Commissioner Jay Monahan and independent director Joe Gorder were appointed to the Enterprises board, with Monahan assuming the role of CEO.


Tiger Woods will serve as the vice chairman, and the chairman will be elected in an upcoming meeting, marking a significant milestone for the organization as it charts a course into the future. The PGA Tour Policy Board will expand to 14 voting members, engaging in discussions for a merger deal with Saudi Arabia's Public Investment Fund based on a framework agreement revealed by Monahan in June 2023.


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