Not a good sign for the private equity rumors.
“Multiple sources have described the behind-the-scenes happenings at the PGA Tour as "a mess." Jimmy Dunne and Ed Herlihy, the two men who chiefly negotiated the framework agreement, have not been involved in a single negotiation since June after significant player pushback. Many tour members were irate that Dunne and Herlihy acted without the membership's knowledge, which has led to players gaining more control of the governance structure.”
