Jimmy Dunne resigns from PGA Tour policy board citing ‘no meaningful progress’ toward deal to unify pro golf
New York TimesLOUISVILLE, Ky. — One of the primary figures in the PGA Tour’s shocking framework agreement with the Public Investment of Saudi Arabia last summer resigned from the PGA Tour policy board Monday citing “no meaningful progress” toward a deal with PIF, according to a letter reported by Sports Illustrated. Jimmy Dunne, a prominent investment banker, became a key figure in golf when PGA Tour commissioner Jay Monahan deputized Dunne and policy board chair Ed Herlihy to negotiate in secret with PIF governor Yasir Al-Rumayyan. Nearly one year later, Dunne wrote unification is no closer to coming and his vote has become “superfluous” as players gained control of the policy board last year. Now Dunne’s resignation comes one week after McIlroy, a friend of Dunne’s who has also pushed heavily for a deal with LIV in recent months, had a potential return to the policy board blocked by what he called “a subset of people on the board that were maybe uncomfortable with me coming back on for some reason.” McIlroy was instead added to a newly created seven-person “transaction subcommittee” for negotiation with PIF that includes Woods, Monahan, board chairman Joe Gorder, John Henry of Fenway Sports Group, director liaison Joe Ogilvie and Adam Scott.