pga

With their least favorite day of the year right around the corner, Americans are scrambling to track down receipts, decipher IRS forms, and crossing their fingers that they don’t owe Uncle Sam. Certain businesses like S corporations or LLCs already filed weeks ago. Not sweating Tax Day? Certain billionaires who pay little or no federal income tax—and the PGA Tour.

By Yvette Moise Back in 1968, a group of top professional golfers, led by Jack Nicklaus and Arnold Palmer, became frustrated with the limitations of professional golf’s then-governing body, the PGA of America. Feeling the league was not focused enough on promoting the interests of the game’s top stars, these marquee players staged a coup […]

Let’s say, for the sake of argument, that you’re a repressive, oil-rich dictatorship. What do you do when the world is onto your act—when the jig is up, for instance, on murdering journalists? Well, if you’re the Kingdom of Saudi Arabia, you try to use sports to obscure your transgressions. That’s what Saudi Arabia’s leaders have been […]