Possible PGA/PGA Tour Merger?

[Dr. Manhattan]

What do you guys think of this situation?

The PGA of America has announced Seth Waugh as their new CEO. He has been and continues to be a mentor for PGA Tour commissioner Jay Monahan. Former PGA of America President Ted Bishop wrote very recently that there were rumors at Bellerive of merger talks between the two entities. Bringing in Waugh to help finish the deal makes a lot of sense. Geoff Shackelford wrote an article speculating about it today. 

Shackelford:  https://www.geoffshackelford.com/homepage/2018/8/27/interpreting-why-seth-waugh-took-the-pga-of-america-ceo-job-and-the-potentially-seismic-megadeal-now-on-the-table

Bishop:  http://www.morningread.com/features/35f6996b-cf69-430c-b1e0-cfa59b545add

Edited August 28, 2018 by Dr. Manhattan

[iacas]

I think there’s almost no chance.

P.S. Jeff? It’s right in the URL man.

[Dr. Manhattan]

1 minute ago, iacas said:

I think there’s almost no chance.

P.S. Jeff? It’s right in the URL man.

 

Sorry, just got lazy. 

[iacas]

No real responses here on this? Wow.

I just don't know what would be in it for the PGA Tour. And the PGA would be giving up some control over the PGA and Ryder Cup.

[boogielicious]

They seem to have separate purposes/objectives anyway. I don't see the benefit.

[iacas]

https://www.golfdigest.com/story/no-substance-to-merger-talks-between-pga-of-america-pga-tour-according-to-seth-waugh-and-jay-monahan

No truth to the rumors, both head guys say.

[3jacker]

It makes zero sense. Especially for the Tour, in today's climate (and the past 50 years).

PGA Tour was created to take control of the proceeds from the tournaments,and direct to the players.  It was originally the "Tournament Players Division" and was created to exercise more control over the revenues they brought in.  Why in the world would they want to subsidize the now foundering club/retail/soft goods side of the game? I'm sure some parts of the PGA would entertain the idea.. but not the Tour.

 

[Dr. Manhattan]

37 minutes ago, 3jacker said:

It makes zero sense. Especially for the Tour, in today's climate (and the past 50 years).

PGA Tour was created to take control of the proceeds from the tournaments,and direct to the players.  It was originally the "Tournament Players Division" and was created to exercise more control over the revenues they brought in.  Why in the world would they want to subsidize the now foundering club/retail/soft goods side of the game? I'm sure some parts of the PGA would entertain the idea.. but not the Tour.

Presumably their motivation would be to get their hands on the PGA Championship and Ryder Cup. But both of the leaders have denied these rumors, so I would say it's a dead issue until proven otherwise. 

[Chris223]

I understand what the PGA is and that its a serperate entity, but by merging, which it obviously isn’t happening but if it did I’m not sure I quite understant what exactly that would mean.  Would it effect the current structure of the Tour someway?  Would it effect the game in any way shape or form for those of us hackers?  Lol.