Jimmy Dunne, one of the architects behind the PGA Tour's stunning reversal to strike a deal with the Saudi backers of LIV Golf, abruptly resigned Monday from the PGA Tour board with a letter that expressed frustration at the lack of progress that no longer included his input. Dunne, a power broker on Wall Street and in golf circles, was not included on the PGA Tour Enterprise's new “transaction subcommittee” that will be handling the direct negotiations with the Public Investment Fund of Saudi Arabia. Dunne and Ed Herlihy, an attorney specializing in mergers and acquisition and chairman of PGA Tour Inc., were whom PGA Tour Commissioner Jay Monahan leaned on when he first met with Yasir Al-Rumayyan, the PIF governor, that led to the June 6 agreement.
Dunne was one of the architects of the Tour and PIF's framework agreement.
Purdue stayed steady on day one of the NCAA Regionals as it looks to advance to the NCAA Championships.
Jimmy Dunne cited 'no meaningful progress' being made in negotiations between the PGA Tour and LIV Golf as a reason for his resignation.
Thru | Total | Purse | ||
---|---|---|---|---|
F | -17 | $3,600,000 | ||
F | -12 | $2,160,000 | ||
F | -9 | $1,360,000 | ||
F | -6 | $880,000 | ||
F | -6 | $880,000 | ||
F | -5 | $695,000 | ||
F | -5 | $695,000 | ||
F | -4 | $601,000 | ||
F | -4 | $601,000 | ||
F | -3 | $501,000 |