https://www.golfdigest.com/story/pga-tour-players-meeting-travelers-championship-changes-to-fall-schedule
PGA Tour plans to counter rival tour with lucrative series for top players
"Starting next year, the fall portion of the PGA Tour schedule will include eight limited-field no-cut events, with $20 million purses each, for the top 50 finishers in the prior season’s FedEx Cup standings.
Those outside the top 50 will compete in an alternate series of tournaments, where they will fight to keep their cards and earn better status for the following season. This change in structure would happen in conjunction with the tour returning to a season based on the calendar year, something Golf Digest has reported was being considered. The tour switched from a calendar-based schedule to a wraparound campaign in 2013-14."
"Monahan did acknowledge that the LIV Golf series had applied for Official World Golf Ranking points. Whether they receive those will be up to the eight-person board of the OWGR, which includes Monahan, DP World Tour CEO Keith Pelley, along with representatives from the USGA, R&A, PGA of America, Augusta National Golf Club and the International Federation of PGA Tours. The OWGR board is chaired by Peter Dawson, the former CEO of the R&A."