PGA Tour looks to revamp schedule, increase purses in response to LIV Golf threat

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Increased purses worth at least $20 million in at least eight existing marquee events and three new events in a global golf series that will include no cuts, limited fields and purses of at least $25 million are some of the changes the PGA Tour hopes to make in response to the LIV Golf threat.

The details are still being finalized and are subject to change, but the sources said that the changes to the tour's schedule is expected to be approved in the next few years.

The members of the PGA Tour were told of the plans in a meeting on Tuesday morning. The policy board would have to approve the changes before the players advisory committee met.

A wraparound schedule that is currently being used is being replaced by a calendar year schedule. There was no true off season for top players. They are far behind in points if they don't play in events in the fall at the start of the wraparound schedule.

Four-time major champion and ranked 20th in the Official World Golf Ranking, Abraham Ancer, is the latest player to defect to the LIV Golf invitational series. Eight of the top 50 players in the world have signed up for the series, which has 48 man fields, no cuts and $25 million purses.

Sources say that the purses would be increased for existing tournaments such as The Memorial Tournament and the Arnold PalmerInvitational. The tour's sponsors would pay for the increased purses, according to sources.

Three new international events, which would include no cuts and as many as the top 60 players in the FedEx Cup, would be introduced. Sources say that the events wouldn't have anchor cities and would move around.

"That's the most engaged I've ever seen the membership," said a player who attended the meeting.

The player liked the plan that was presented.

He said thatJay was great.

The prospect of making more money on the course in fewer tournaments is one of the reasons why the players have decided to join LIV Golf. The Public Investment Fund of Saudi Arabia is said to be worth $600 billion.

The player said there wasn't a way to fight that. We're aware of that." It's not coming out of our pocket because it's three events. Who is going to agree with that?