The PGA Tour has reassured its players that they will have a decisive vote on the final agreement with the Saudi Arabian Public Investment Fund (PIF), the financial backers of LIV Golf. This assurance comes after a board meeting, which includes player representatives like Patrick Cantlay, Rory McIlroy, Charley Hoffman, Peter Malnati, and Webb Simpson.

Following the public release of the framework agreement between the PGA Tour and the Saudi PIF, players voiced concerns about the lack of transparency in the negotiation process, which was primarily handled by Commissioner Jay Monahan, two independent board members, and Yasir Al-Rumayyan, the governor of the PIF. The agreement stipulates that the PGA Tour, the DP World Tour (formerly the European Tour), and the PIF will collaborate to determine the terms for LIV Golf players to rejoin the established tours, including potential penalties.

The PGA Tour board released a statement emphasizing that the framework agreement halts ongoing legal battles and initiates a new phase of negotiations to finalize a definitive agreement beneficial for all stakeholders: players, fans, sponsors, partners, and the game itself. The board stressed that any final agreement must be approved by the policy board, which includes player directors, ensuring player representation in the decision-making process. The statement also reiterated that the PGA Tour will retain leadership and control of the potential new commercial entity.

This announcement comes just before the Rocket Mortgage Classic, a tournament several top players, including McIlroy and Cantlay, have opted to skip after a demanding schedule featuring the U.S. Open and the Travelers Championship. The proposed new commercial entity, tentatively named "NewCo," is envisioned to unify professional golf globally, with the PGA Tour holding a majority stake.

The agreement has drawn significant attention from the U.S. Congress, with the Senate Permanent Subcommittee on Investigations scheduling a hearing on July 11. Commissioner Monahan has been invited to testify but his attendance is uncertain due to a medical leave of absence.