On the day PGA Tour Commissioner Jay Monahan announced more than $180 million given to charities last year, he shared how the tour turned to Jack Nicklaus to help protect golf’s model for raising money. The tax-exempt status of the PGA Tour and other sports leagues was in jeopardy late last year under the Tax Cuts and Jobs Act. ”He whispers, ‘Hello?”’ Monahan said Sunday at the Sentry Tournament of Champions.
PGA Tour still tax-exempt, with an assist from Nicklaus
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