19th Hole
Phil Mickelson doesn’t hold back in response to leaked PGA Tour memo offering members equity ownership opportunity
On Tuesday, the PGA Tour sent out a memo to its players regarding the framework deal between the PGA Tour and the PIF, saying that progress has been deliberate”.
The memo, first obtained by ESPN, states:
“Progress has been deliberate given the complex nature of the potential agreement, and we will keep you apprised of the progress, with continued input and direction from your Player Directors and player advisor Colin Neville.
“Additionally, as you know, the Framework Agreement with PIF and the DP World Tour generated unsolicited – although not surprising – interest from numerous outside potential investors.
“The opportunity to potentially participate in the transformative growth of the PGA Tour for the first time brought forth dozens of inbound prospects, which were all initially vetted by the Tour’s investment bank, Allen & Company.
“In the Policy Board meeting, we reviewed these remaining bids with the Independent Directors and Player Directors – with input from Allen & Co. and The Raine Group – and agreed to continue the negotiation process in order to select the final minority investor(s) in a timely manner.”
The memo also added that the new deal with PGA Tour Enterprises would entail players receiving equity in the company.
“Tour management has designed a program that would align the interests of our members with the commercial business of the Tour via direct equity ownership in PGA Tour Enterprises.
“At the point we secure outside investment, this would be a unique offering in professional sports, as no other league grants its players/members direct equity ownership in the league’s business.
“We recognize – as do all of the prospective minority investors who are in dialogue with us – that the PGA Tour will be stronger with our players more closely aligned with the commercial success of the business.”
After seeing the memo, Phil Mickelson took to social media to have his say on the changes that we are currently seeing on the PGA Tour.
What an amazing change of philosophy in 2 years. “If it’s not 100% owned and controlled by the PGA Tour it will be viewed as hostile.” Ed Herlihy and Jay Monahan October 30,2021
Thank you LIV, PIF, His Excellency and all the players willing to stand up to Jay’s threats and…— Phil Mickelson (@PhilMickelson) November 14, 2023
“What an amazing change of philosophy in 2 years. “If it’s not 100% owned and controlled by the PGA Tour it will be viewed as hostile.” Ed Herlihy and Jay Monahan October 30, 2021. Thank you LIV, PIF, His Excellency and all the players willing to stand up to Jay’s threats and disparagement to force positive change.”
Prior to his move to LIV, Mickelson accused the PGA Tour of “obnoxious greed” in an interview with John Huggan.
“It’s not public knowledge, all that goes on. But the players don’t have access to their own media. If the tour wanted to end any threat [from Saudi or anywhere else], they could just hand back the media rights to the players. But they would rather throw $25 million here and $40 million there than give back the roughly $20 billion in digital assets they control. Or give up access to the $50-plus million they make every year on their own media channel.
“There are many issues, but that is one of the biggest. For me personally, it’s not enough that they are sitting on hundreds of millions of digital moments. They also have access to my shots, access I do not have. They also charge companies to use shots I have hit. And when I did ‘The Match’—there have been five of them—the tour forced me to pay them $1 million each time. For my own media rights. That type of greed is, to me, beyond obnoxious.”
More from the 19th Hole
19th Hole
How much each player won at the 2026 Masters
Rory McIlroy made it two wins in as many years at Augusta National, seeing off the challengers on a dramatic Sunday to slip on the green jacket once again. The victory earned Rory a whopping payday of $4.5 million, with Scottie Scheffler his closest challenger earning $2.43 million for his sole runner-up finish.
With a total prize purse of $22.5 million up for grabs, here’s a look at how much each player won at the 2026 Masters tournament.
For players that did not make the cut, they still earned $25k for their efforts at the year’s opening major.
- 1: Rory McIlroy, $4.5 million
- 2: Scottie Scheffler, $2.43 million
- T3: Tyrrell Hatton, $1.08 million
- T3: Russell Henley, $1.08 million
- T3: Justin Rose, $1.08 million
- T3: Cameron Young, $1.08 million
- T7: Collin Morikawa, $725,625
- T7: Sam Burns, $725,625
- T9: Xander Schauffele, $630,00
- T9: Max Homa, $630,00
- 11: Jake Knapp, $562,500
- T12: Jordan Spieth, $427,500
- T12: Brooks Koepka, $427,500
- T12: Hideki Matsuyama, $427,500
- T12: Patrick Reed, $427,500
- T12: Patrick Cantlay, $427,500
- T12: Jason Day, $427,500
- T18: Viktor Hovland, $315,000
- T18: Maverick McNealy, $315,000
- T18: Matt Fitzpatrick, $315,000
- T21: Keegan Bradley, $252,000
- T21: Ludvig Aberg, $252,000
- T21: Wyndham Clark, $252,000
- T24: Matt McCarty, $182,083
- T24: Adam Scott, $182,083
- T24: Sam Stevens, $182,083
- T24: Chris Gotterup, $182,083
- T24: Michael Brennan, $182,083
- T24: Brian Campbell, $182,083
- T30: Alex Noren, $146,250
- T30: Harris English, $146,250
- T30: Shane Lowry, $146,250
- T33: Gary Woodland, $121,500
- T33: Dustin Johnson, $121,500
- T33: Brian Harman, $121,500
- T33: Tommy Fleetwood, $121,500
- T33: Ben Griffin, $121,500
- T38: Jon Rahm, $105,750
- T38: Ryan Gerard, $101,250
- T38: Haotong Li, $96,750
- T41: Justin Thomas, $92,250
- T41: Sepp Straka, $87,750
- T41: Jacob Bridgeman, $83,250
- T41: Kristoffer Reitan, $78,750
- T41: Nick Taylor, $74,250
- 46: Sungjae Im, $69,750
- 47: Si Woo Kim, $65,250
- 48: Aaron Rai, $61,650
- T49: Corey Conners, $57,600
- T49: Marco Penge, $57,600
- 51: Kurt Kitayama, $55,250
- 52: Sergio Garcia, $54,000
- 53: Rasmus Hojgaard, $52,650
- 54: Charl Schwartzel, $51,300
19th Hole
CBS’s Sunday Masters coverage slammed by golf fans
While Sunday was a dramatic day at the Masters, many golf fans were left feeling frustrated by the CBS final round coverage.
There were plenty of moments that golf fans took to social media to air their frustrations on Sunday over, including a lack of shots being shown throughout the day, being behind the live action, confusion over the approach shots of the final group on 18, and providing an angle for the winning putt where the cup couldn’t be seen.
Here’s a look at some of the criticisms that were directed at the CBS coverage throughout the day on X:



This has been a brutal broadcast for CBS. When the folks from Augusta sit down with them this year, you can bet they’ll talk about this 15 seconds where we have no idea where Rory’s ball went, and Dottie moans. #TheMasters pic.twitter.com/ak3mkpIN7V
— Ryan (@PossiblyRy) April 12, 2026
It’s rare criticism coming in for CBS, who are usually heavily praised for their Masters coverage each year.
19th Hole
The surprise club Tommy Fleetwood says is key to his Masters chances
Tommy Fleetwood goes in search for the first major victory of his career again this week, with the Englishman proving to be a popular pick at Augusta National.
Fleetwood’s best showing at Augusta came back in 2024 where he finished T3, and while speaking at his pre-tournament press conference, the 35-year-old emphasized the importance of his 9-wood in his pursuit of the green jacket.
Speaking on Tuesday to media, Fleetwood said:
“It’s a great 9-wood golf course. I think it’s always been — I can’t remember when I first put like a 9-wood in or a high lofted club, but it’s a perfect like 9-wood golf course. I’ve had that in the bag for a few years.”
The Englishman continued, revealing that his strategy for the week won’t just be to hit driver off the tee as much as possible:
“Yeah, it’s funny really because I know Augusta is probably associated with being fairly forgiving off the tee in a way, so you think you can whale around driver a little bit. But I don’t necessarily think that’s always the play for me. I think there’s holes that set up really well where I can draw it with the mini driver if I’m feeling less comfortable with the driver and things like that.”
That strategy he believes will make his TaylorMade Qi10 9-wood extra critical this week in Georgia:
“The biggest thing is the 9-wood for me. If I can put myself in position on the par-5s or the 4th long par-3, like it — for me, I can’t really hit that high 4-iron, so 9-wood helps me a lot.”

Tommy Fleetwood WITB 2026
-
Equipment2 weeks agoJustin Rose WITB 2026 (April): Full WITB breakdown with new McLaren irons
-
Equipment1 week agoWhat’s the story behind Webb Simpson’s custom-stamped irons?
-
Equipment2 weeks agoCadillac Championship Tour Report: Spieth’s sizable changes, McLaren Golf launches, and more
-
Whats in the Bag4 days agoKristoffer Reitan’s winning WITB: 2026 Truist Championship
-
Whats in the Bag2 weeks agoCameron Young’s winning WITB: 2026 Cadillac Championship
-
Whats in the Bag3 weeks agoNelly Korda WITB 2026 (April)
-
Equipment2 weeks agoJustin Rose on the switch to McLaren Golf, learnings from previous equipment moves
-
Tour Photo Galleries2 weeks agoPhotos from the 2026 Cadillac Championship
