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PGA Tour to Reward Loyal Golfers with Equity in New Venture After LIV Merger

PGA Tour players who stayed aboard after LIV Golf's formation will receive "a piece of equity" in the new for-profit organization in the works as the PGA Tour, DP World Tour and Saudi Arabia's Public Investment Fund now join forces.

PGA Tour policy board member Jimmy Dunne spoke with ESPN's Mark Schlabach on the matter.

"The new [company] would grow, and the [current PGA Tour] players would get a piece of equity that would enhance and increase in value as time went on," Dunne said.

"There would have to be some kind of formulaic decision on how to do that.