The North American PGA and European DP World Tour will merge with the LIV. The LIV had attracted the best golfers from around the world including Dustin Johnson and Brooks Koepka.

The PGA Tour said Tuesday it had "signed an agreement that combines the commercial activities and rights" of the powerful Saudi sovereign wealth fund (PIF) in golf. "After two years of disruption and distraction, this is a historic day for the sport we all love," said Jay Monahan, head of the PGA.