Yahoo Finance Report: PGA Tour commissioner foregoing salary amid coronavirus pandemic
The PGA Tour, like the rest of the sports world, has suspended play across all of it’s Tours in the wake of the COVID-19 pandemic.
So, with no golf being played, PGA Tour commissioner Jay Monahan isn’t going to get paid.
Monahan informed the PGA Tour’s board of directors this week that he will forgo his salary indefinitely during the pandemic, according to Golfweek’s Eamon Lynch. The Tour’s senior management team will also reportedly take a 25 percent salary cut.
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According to Golfweek, Monahan and the senior management team volunteered the pay cuts during a conference call on Thursday. Monahan — who took the job in 2017 — made $3.9 million in his first year at the helm, the last year the information was publicly available, per the report.
The Tour canceled The Players Championship after one round earlier this month, and has canceled all events through the AT&T Byron Nelson, which was scheduled to end on May 10. The Masters, which was set to take place next month, was also postponed to a later date. The PGA of America postponed the PGA Championship, too, which was scheduled to follow the AT&T Byron Nelson in May. Events across all five Tours have been canceled through then, including the PGA Tour Champions and the Korn Ferry Tour.
“It’s just a game that we get to play, which is pretty special, but outside of golf and sports and stuff like that, life’s a lot bigger than sports and golf,” Rickie Fowler said after The Players Championship was canceled. “To have some tournaments canceled or postponed, it is what it is. There’s a lot bigger things than us and golf. It’s about everyone being healthy and in a good place.”
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