The PGA Tour’s high-flying corporate expenditures

PGA Tour Commissioner Jay Monahan. (AFP) — PGA Tour Commissioner Jay Monahan. (AFP)

wsj

7 min read . Updated: 14 Sep 2022, 06:31 PM IST MARK MAREMONT, The Wall Street Journal

Commissioner Jay Monahan is required by the Tour to travel by private jet for both business and pleasure. That isn’t disclosed in the nonprofit Tour’s annual tax filings.

PGA Tour commissioner Jay Monahan earlier this year pointed to the organization’s prudent financial management as it raced to meet the challenge from Saudi-funded LIV Golf. He repeatedly said the Tour was efficient in the way it is operated and would dip into reserves to help finance larger purses to compete with LIV.

Post your comment