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Adam Scott says PGA Tour-PIF negotiations to heat up ‘very soon’

Adam Scott says PGA Tour-PIF negotiations to heat up ‘very soon’

HAMILTON, Ontario – Could progress be in the offing for the ongoing negotiations between the PGA Tour and Saudi Public Investment Fund?

Adam Scott, a PGA Tour player director, has had a seat at the table this year, and as recently as two weeks ago even he said he is perplexed at how the negotiations have stretched into June. When asked at his pre-tournament press conference at the Charles Schwab Challenge about the future of professional golf, he struggled to give a complete answer.

The problem? He said he was still waiting to hear PIF’s end game.

“I think the PGA Tour has a vision of what it wants to look like 12, 18 (months) and then going forward, five, 10 and 20, you know, or at least 10 years down the line, let’s say, and what it should evolve into,” he said. “But at the moment there’s another party that they’re negotiating with that has to believe in that vision as well, and I don’t know exactly what their vision is.”

Speaking to Golfweek at the RBC Canadian Open, Scott said he was confident he will learn that vision soon.

“I think we are getting there, for sure,” Scott said. “Eventually someone is going to have to put it out exactly what it is, and I think that will happen very soon. I think so. You have to break the ice, kind of, and someone has to show a hand. It’s got to happen soon. It’s moving along as quickly as it can.”

When Scott was pushed on if he really believed that the negotiations – which technically began nearly a year ago with the signing of the Framework Agreement on June 6 – were moving fast enough, he said, “It’s not all up to us on our schedule. The head of the PIF sits on 125 boards or something. He’s busy, too. Some would say the buck stops with him and he has to make some decisions on what he’s investing in.”

The PGA Tour already has entered into an agreement for Strategic Sports Group to invest at least $1.5 billion and as much as $3 billion into the Tour’s new for-profit entity. The Tour and PIF met in March in the Bahamas after the Players Championship for the first time. Jimmy Dunne, whose secret meeting with PIF’s Yasir Al-Rumayyan in early 2023 led to the Framework Agreement, resigned from the Tour board in mid-May citing “no meaningful progress” toward a deal with PIF to unify men’s professional golf. Tiger Woods and Jordan Spieth, both fellow Tour player directors, disagreed with Dunne and called that a false narrative.

“It’s ongoing, it’s fluid, it…


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