PGA Tour commissioner waives salary
amid shutdown
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[March 21, 2020]
PGA Tour commissioner Jay
Monahan is giving up his salary with the circuit in a shutdown due
to the coronavirus pandemic.
Golfweek first reported the news on Friday, and ESPN later confirmed
it.
The report also indicated that members of Monahan's "senior
management team," including executive vice presidents, are taking 25
percent salary cuts. Monahan and the other executives reportedly
made the concessions voluntarily during a Thursday conference call.
Salaries for all other PGA Tour employees are frozen at their 2019
amounts, per Golfweek.
Monahan made $3.9 million in salary, bonuses and incentives in 2017,
according to Golfweek. Per the report, 2017 was the most recent year
for which a tax filing is available publicly, but his current salary
is likely higher.
Since halting The Players Championship after the opening round on
March 12, the PGA Tour has canceled eight events and postponed
another.
Two majors that aren't run by the PGA Tour also have been postponed:
The Masters, scheduled for April 9-12 at Augusta (Ga.) National, and
the PGA Championship, scheduled for May 14-17 at TPC Harding Park in
San Francisco.
The full list of events affected by the PGA Tour's hiatus:
--The Players Championship (March 12-15) -- Canceled
--Valspar Championship (March 19-22) -- Canceled
--WGC-Dell Technologies Match Play (March 26-29) -- Canceled
--Corales Puntacana Resort & Club Championship (March 26-29) --
Postponed
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PGA Tour commissioner Jay Monahan talks about the decision to cancel
the last three days of The Players Championship because of the
coronavirus during a press conference Friday, March 13, 2020 in
Ponte Vedra Beach, Florida. Mandatory Credit: Will Dickey/Florida
Times-Union via USA TODAY NETWORK
--Valero Texas Open (April 2-5) -- Canceled
--Masters Tournament (April 9-12) -- Postponed
--RBC Heritage (April 16-19) -- Canceled
--Zurich Classic of New Orleans (April 23-26) -- Canceled
--Wells Fargo Championship (April 30-May 3) -- Canceled
--AT&T Byron Nelson (May 7-10) -- Canceled
--PGA Championship (May 14-17) -- Postponed
The next PGA Tour event that at the moment is still set to be played
on time is the Charles Schwab Challenge at Colonial Country Club in
Fort Worth, Texas, May 21-24.
--Field Level Media
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