The thing is the Saudis weren't going to lose money forever. That they could afford to doesn't mean they were just going to. I think the two biggest factors to this merger were:
- The Saudis still wanted golf as part of their sportswashing portfolio, but realized LIV was never going to succeed, so they came back with an over the top offer the PGA would never refuse, even if it meant selling players out.
- The PGA Tour did not want to go through discovery on their lawsuit.
In the end this resolution is a win-win for both.
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"Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."
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