Report: PGA Commissioner Jay Monahan Abandons Salary Due To Coronavirus Pandemic

52
0

In addition to PGA Tour commissioner Jay Monahan, the commissioner's administration crew has agreed to a 25% pay minimize till additional discover.

A couple of days after the PGA Tour canceled its occasions for at the very least the following two months, PGA Tour commissioner Jay Monahan determined to surrender his wages indefinitely in the course of the coronavirus break, in keeping with Golfweek's Eamon Lynch.

Through Golfweek, Monahan knowledgeable the Tour board of administrators on Thursday of the choice. In addition to Monahan, the commissioner's administration crew has agreed to a 25% pay minimize till additional discover.

Monahan acquired $ 3.9 million in 2017, via Golfweek, in that the discharge notes had been the ultimate yr of the Tour's tax returns. His compensation would now be greater, in keeping with Golfweek.

Earlier this week, the tour canceled all of its occasions till May 10 amid the COVID-19 pandemic.

He beforehand canceled all occasions till the Masters event in early April. The Masters Tournament, which isn’t organized by the PGA Tour, has introduced that it’ll even be postponed following the epidemic.

"The health and safety of everyone associated with PGA TOUR and the global community is and will continue to be our number one priority as we go through the ongoing health crisis associated with the coronavirus pandemic," mentioned Tour mentioned in a press release earlier this week. .

Monahan, 48, took workplace as commissioner in January 2017. He joined the PGA Tour in 2008 and was beforehand govt vice-president of enterprise improvement, govt vice-president, director of selling and assistant commissioner.

As of Friday night, there have been almost 293,000 confirmed circumstances of coronavirus worldwide, inflicting greater than 11,000 deaths. There are greater than 17,800 confirmed circumstances of COVID-19 within the United States.

source_link

LEAVE A REPLY

Please enter your comment!
Please enter your name here