Jay Monahan Sends Out Mass Email Warns Players.

When news of a potential new tour aiming to lure the game’s biggest stars emerged last week, the PGA Tour did not initially comment.

Monahan said in the letter that while the PGA Tour has not been in touch with officials from Team Golf Concept—identified as the Premier Golf League—the league’s proposed 18-event season would be in conflict with the PGA Tour’s schedule.

The email warned that under current tour regulations a tour member can’t have a financial interest in another player, which is one of the central elements of Premier Golf League’s team ownership concept.

Where that money would come from has been something of a mystery, though in the PGA Tour’s email to players, Monahan did mention funding from “Saudi interests” and offers of “potentially large financial guarantees to the 12 player-owners of teams.” He also told players that the Team Golf Concept’s focus is on getting player commitments first because it has no sponsorship, media offerings or rights.