Story perspectives
PGA Champions Fume Over 20% Pension Fund Cut
10/11/2025
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Story summary
- PGA Tour Champions players are upset after a 20% pension cut lowering the fund from $10 million to $8 million.
- The move follows the PGA Tour's transition to a for-profit model.
- Golf legends Peter Jacobsen and Billy Andrade criticized Brian Rolapp, the PGA Tour's new chief executive.
- The pension program began in the mid-1980s to reward senior players.
- Strategic Sports Group backs the Tour with nearly $3 billion.
