The PGA Tour is in a financial war with LIV Golf. Meanwhile, commissioner Jay Monahan travels everywhere on a Tour-owned private jet—one of several signs of big corporate spending.
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.
Four days after he made those remarks in June, a PGA Tour-owned Citation X jet flew from the Tour’s headquarters in Florida to California and then on to an airport near Steamboat Springs, Colo., according to records from a commercial jet-tracking service. A trust in the name of Monahan’s wife owns property in that Colorado resort town, county records show.
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