PGA Tour, LIV Golf, DP Tour to merge

The PGA Tour, DP World Tour and LIV Golf agreed to merge into a single, for-profit entity, the golf conglomerate announced Tuesday.

A transformation of professional golf is the likely outcome given the stakes and personalities involved.

The agreement puts an end to the pending litigation between the legacy tours and the Saudi-backed LIV league that would have gone to court in California next year, and it caps off a saga