Particle.news

Download on the App Store

PGA Tour Commissioner Jay Monahan's $23 Million 2023 Earnings Draw Sharp Criticism

Monahan's compensation, including bonuses and deferred payments, has raised questions about his leadership during a challenging period for professional golf.

  • Jay Monahan, PGA Tour Commissioner, earned over $23 million in 2023, with $12.1 million in bonuses and incentives, $6.7 million in long-term incentives, and $2.5 million in retirement benefits.
  • Monahan's earnings were revealed through the PGA Tour’s latest tax filings, showing a significant increase compared to previous years, despite the Tour's revenue declining to $1.82 billion in 2023 from $1.9 billion in 2022.
  • Critics, including players like Phil Mickelson and Xander Schauffele, have questioned Monahan’s leadership, citing unresolved tensions between the PGA Tour and LIV Golf and a lack of trust among players.
  • The PGA Tour's ongoing merger negotiations with Saudi Arabia's Public Investment Fund (PIF) remain incomplete, missing the original December 2023 deadline, further fueling discontent.
  • Monahan’s compensation has sparked backlash from fans and players, with some labeling him the “worst commissioner in golf history” due to perceived mismanagement and growing financial disparities within the sport.
Hero image