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Finance

Fenway Sports Group acquires Boston-based TGL franchise

Featured image credit: TGL

Featured image credit: TGL

Fenway Sports Group has been announced as the ownership group for the second of six teams that will compete in TGL, the new primetime team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports venture in partnership with the PGA Tour.

The Boston-based team will represent Boston and the New England region, competing in TGL’s opening season in January 2024.

FSG owns Major League Baseball’s Boston Red Sox, the NHL’s Pittsburgh Penguins, and Premier League football club Liverpool. The company has overseen extensive renovation projects at the Red Sox’s Fenway Park and Liverpool’s Anfield stadium.

TGL will fuse technology and live action with teams of PGA Tour players competing in a purpose-built arena in Palm Beach, Florida, across a season of matches starting in January. Twelve players have committed to playing in TGL: Woods, McIlroy, Jon Rahm, Justin Thomas, Collin Morikawa, Matt Fitzpatrick, Justin Rose, Adam Scott, Xander Schauffele, Max Homa, Billy Horschel and Rickie Fowler.

The league will see six teams of three players compete in head-to-head match play at a virtual course. A “high-energy” greenside fan experience will be incorporated into the competition, with every shot to be shown live on television within a two-hour primetime match. The season will comprise 15 regular-season matches followed by semi-finals and finals.

FSG principal owner John Henry and chairman Tom Werner said: “We are excited for this new journey as one of the six inaugural TGL teams in honour of a city whose love and passion for sports is unparalleled.

“Through this new, tech-focused version of the game, New England sports fans will soon have a team of world-class PGA Tour players to cheer for and redefine for this community what it means to play the game in the modern era.

“We owe tremendous thanks to Tiger, Rory, and Mike (McCarley, TGL chief executive) for creating this innovative new league and allowing us to be present at its creation. We are excited to reveal more details later this summer and fall when we’ll unveil an official name and team members who will represent this great city and region.”

Earlier this month, TGL awarded its first franchise – a Los Angeles-based organisation that will be co-owned by tennis legends Serena and Venus Williams, along with the former’s husband, entrepreneur Alexis Ohanian.

Ohanian is the creator of social media site Reddit and is also the principal owner and founding investor in LA-based National Women’s Soccer League team Angel City FC.

TMRW Sports broke ground on its first TGL facility in the US town of Palm Beach back in February. The CAA Icon agency has been appointed to oversee the development, design and construction of the venue.

The announcement of the LA-based TGL franchise came on the back of the shock news that the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund (PIF) will merge commercial operations under common ownership – a move that will end all pending litigation related to the breakaway Saudi-backed LIV Golf.