Monahan Net Worth: American sports executive Joseph William Monahan IV, better known as Jay Monahan, goes by that name on the job as the commissioner of the PGA Tour of golf. Before becoming commissioner of the PGA Tour, Jay Monahan had a number of positions on the tour.
Jay Monahan has a BA in History from Trinity College in Connecticut and an MA in Sports Management from the University of Massachusetts Amherst.
Monahan grew up in the Boston suburb of Belmont, Massachusetts. After finishing up with Belmont High, he continued his education with a year of post-grad study at New Jersey’s Lawrenceville School.
Monahan grew up with a passion for golf and went on to play the sport collegiately at the Division III level for Trinity College in Hartford, Connecticut, where he was named an Academic All-American by Golf Magazine after his senior year.
The University of Massachusetts at Amherst is where he completed both his undergraduate and graduate studies in history (1993 and 1995, respectively) and sports management (1995).
At IMG Worldwide, where he worked, Monahan was the driving force behind establishing the Deutsche Bank Championship at TPC Boston in Norton and, at the tender age of 32, took on the role of the tournament’s first director.
Golf Fights Cancer, a charity that Monahan co-founded in 2003, has raised approximately $5 million for cancer research. After that, he joined the sales team at Boston’s Fenway Sports Group (FSG).
Jay Monahan PGA Tour
Soon after suspending 17 players for taking part in the LIV Golf Invitational Series, PGA Tour Commissioner Jay Monahan defended his choice to hand down a such severe punishment.
This past weekend marked the conclusion of LIV Golf’s maiden competition at the Centurion Golf Club outside of London. After 54 holes, Charl Schwartzel was declared the victor and awarded the greatest prize in golf tournament history: $4.75 million.
— Javier Rivera (@JavierRivera829) June 12, 2022
Professional golfers Sergio Garcia, Lee Westwood, Louis Oosthuizen, and Kevin Na, as well as six-time major winner Phil Mickelson and two-time major winner Dustin Johnson, are all ineligible for future PGA Tour tournaments since they participated in this tournament.
The Saudi Arabian government, which has a checkered record on human rights, is supporting the LIV Golf Series. The players, according to Monahan, who put money ahead of ethics have been called out for their actions.
“I can see how this could be a problem for the guys who accepted the money and went there. I don’t think anyone has to be living under a rock to see that this has major ramifications “Says Monahan. Have you ever felt like you had to apologize for being a member of the PGA Tour? “And I would ask every player that has left or any player that would consider leaving,” he said.
The winner of the RBC Canadian Open, Rory McIlroy, has voiced his displeasure with the players in the independent golf league. He and LIV Golf Commissioner Greg Norman have been at loggerheads, so after he won, Norman decided to throw some shade at him.
“What happened today will stay with me for the rest of my life. With twenty-one victories on the PGA Tour, he is currently in the first place “McIlroy stated, referencing Norman’s 20 tournament victories.
Players who take part in subsequent LIV Golf events will be subject to the same penalties as the original group of 17. The second LIV tournament, taking place June 30-July 2 in Portland, will feature former U.S. Open winner Bryson DeChambeau and Masters Tournament winner Patrick Reed.
In the 2000s, Jay Monahan wed Susan Monahan, his second wife, and they are currently married. His wife is a quiet woman, and the couple has two daughters. In Ponte Vedra Beach, Florida, which is home to The Players Championship and the Tour’s headquarters as of 2022, Monahan and his wife Susan reside (TPC Sawgrass).
However, Jay Monahan, the commissioner of the PGA, was not wed to his supposed first wife Katie Couric between 1989 and 1998, with whom he is said to have had two children, Elle Monahan and Caroline Couric Monahan. He is not Katie Couric’s husband; Katie Couric is a journalist, presenter, producer, and author from the United States and the creator of Katie Couric Media.
Jay Monahan Net Worth
How much is Jay Monahan net worth? Jay Monahan net worth is estimated at roughly $12 million. His main source of income is his employment as a commissioner of golf’s PGA Tour. Monahan’s salary per month with other career earnings is over $4 million annually.
His great job has afforded him some opulent lifestyles and even beautiful automobile journeys. He is one of the richest and most influential PGA golf executives in the United States.