The New York Golf Club features Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young.
Courtesy: TGL
Tiger Woods and Rory McIlroy's new golf league, TGL, is getting some new star power representing the Big Apple.
Cohen Private Ventures, the family office of Steve Cohen, announced Thursday that Eli Manning, Derek Jeter, CC Sabatia, Michael Strahan, John McEnroe and Jimmy Fallon will join the New York Golf Club's investor group as limited partners. It's the latest round of big names to join golf's upstarts, which kicks off on January 7 to coincide with the start of the 2025 FedEx Cup season.
Terms of the deal were not disclosed.
Cohen, who also owns Major League Baseball's New York Mets, acquired the rights to the New York golf club last September. The team will be represented in its inaugural season by Rickie Fowler, Xander Scheufele, Matt Fitzpatrick and Cameron Young.
“New York has the greatest fans in the world, and we've built a team that will make New Yorkers proud,” Cohen told CNBC. “We believe this new and innovative take on the sport will appeal to traditional and new golf fans alike.” statement.
Manning, the former Super Bowl-winning quarterback for the New York Giants, says he knows firsthand how excited New Yorkers are about sports.
“There have been a lot of exciting trends in golf with increasing participation on and off the course,” Manning said in a statement to CNBC.
TGL is the new high-tech golf league launched by Woods, McIlroy and former Golf Channel executive Mike McCarley. The league will operate in partnership with the PGA Tour, an investor, and will be run complementary to the Tour's schedule. ESPN acquired the broadcast rights to the league last October.
TGL will feature tour players divided into six teams, competing in two-hour live matches at a newly designed facility in Palm Beach, Florida.
The league was expected to start in 2024, but the dome that was built to host the competition collapsed after a power outage.
Other big-name investors in TMRW Sports, the parent company of TGL, include NBA legends Stephen Curry, Shaquille O'Neal and Kevin Durant; MLB stars Shohei Ohtani and Mike Trout; National Football League quarterback Josh Allen; Tennis legend Serena Williams; And Formula 1 driver Lewis Hamilton.
Former New York Yankees star Jeter told CNBC he was attracted to the investment opportunity because it combined his passion for golf and his love of New York.
“I look forward to seeing NYGC added to New York’s sporting heritage,” Jeter said.
