Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
PGA TOUR INC
 
Employer identification number

52-0999206
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
 
b
Any related organization? .......................
5b
 
 
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
 
b
Any related organization? ......................
6b
 
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023
Page 2

Schedule J (Form 990) 2023
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1McIlroy Rory
Player Dir/Treas, Thru 11/13 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		23,832,458
-------------
0 		1,108,894
-------------
0 		0
-------------
0 		24,941,352
-------------
0 		0
-------------
 
2Woods Eldrick Tiger
Player Director, As of 08/01 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		20,637,146
-------------
0 		11,846
-------------
0 		0
-------------
0 		20,648,992
-------------
0 		0
-------------
 
3Spieth Jordan
Player Dir/Treas, As of 11/16 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		15,901,193
-------------
0 		388,572
-------------
0 		0
-------------
0 		16,289,765
-------------
0 		0
-------------
 
4Cantlay Patrick
Player Director 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		12,733,838
-------------
0 		1,041,149
-------------
0 		0
-------------
0 		13,774,987
-------------
0 		0
-------------
 
5Malnati Peter
Player Director 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		1,402,154
-------------
0 		205,923
-------------
0 		0
-------------
0 		1,608,077
-------------
0 		0
-------------
 
6Hoffman Charley
Player Director / Secretary 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		1,006,352
-------------
0 		173,075
-------------
0 		0
-------------
0 		1,179,427
-------------
0 		0
-------------
 
7Simpson Webb
Player Director 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		970,834
-------------
0 		154,563
-------------
0 		0
-------------
0 		1,125,397
-------------
0 		0
-------------
 
8Monahan Joseph W
Commissioner 		(i)

(ii)		 1,679,516
-------------
207,580 		10,907,069
-------------
1,172,931 		129,164
-------------
2,492,916 		6,101,066
-------------
578,934 		21,511
-------------
2,659 		18,838,326
-------------
4,455,020 		0
-------------
 
9Price Ronald E
Chief Operating Officer 		(i)

(ii)		 426,892
-------------
363,649 		7,825,107
-------------
2,692,182 		99,726
-------------
1,271,104 		188,328
-------------
160,427 		15,898
-------------
13,543 		8,555,951
-------------
4,500,905 		0
-------------
 
10Pazder James A
Chf Tourn&Comp Ofc, Thru 08/31 		(i)

(ii)		 207,842
-------------
84,893 		1,923,758
-------------
558,937 		823,947
-------------
336,542 		0
-------------
523,782 		16,757
-------------
6,844 		2,972,304
-------------
1,510,998 		0
-------------
 
11Keller Allison W
Chief Administrative Officer 		(i)

(ii)		 327,647
-------------
218,432 		977,271
-------------
605,034 		35,968
-------------
406,889 		446,208
-------------
250,992 		19,133
-------------
12,755 		1,806,227
-------------
1,494,102 		0
-------------
 
12Anderson Richard D
Chief Commercial Officer 		(i)

(ii)		 415,647
-------------
103,912 		1,274,772
-------------
210,176 		68,004
-------------
319,643 		621,054
-------------
46,746 		27,326
-------------
6,831 		2,406,803
-------------
687,308 		0
-------------
 
13Brown Leonard
Chief Legal Ofc & EVP Licenses 		(i)

(ii)		 256,515
-------------
185,753 		601,930
-------------
383,192 		35,601
-------------
205,794 		272,258
-------------
144,464 		16,606
-------------
12,025 		1,182,910
-------------
931,228 		0
-------------
 
14Madara Jay M
EVP & Chief Financial Officer 		(i)

(ii)		 325,696
-------------
91,863 		875,050
-------------
209,950 		47,168
-------------
50,258 		223,750
-------------
26,250 		50,460
-------------
14,232 		1,522,124
-------------
392,553 		0
-------------
 
15Dennis Leland T
Chief Comp Ofc, As of 08/28 		(i)

(ii)		 313,090
-------------
50,968 		657,340
-------------
66,423 		47,350
-------------
168,512 		307,789
-------------
9,519 		27,973
-------------
4,554 		1,353,542
-------------
299,976 		0
-------------
 
16Shetty Neera M
EVP Soc Resp & Inclusion/DGC 		(i)

(ii)		 320,427
-------------
47,880 		561,303
-------------
96,553 		27,693
-------------
4,138 		250,713
-------------
50,143 		21,725
-------------
3,246 		1,181,861
-------------
201,960 		0
-------------
 
17Neal Laura
EVP Brand Communications 		(i)

(ii)		 262,544
-------------
97,105 		535,880
-------------
90,558 		24,191
-------------
8,947 		291,038
-------------
0 		27,064
-------------
10,010 		1,140,717
-------------
206,620 		0
-------------
 
18Gore Jason
EVP & Chief Player Officer 		(i)

(ii)		 468,238
-------------
0 		461,000
-------------
0 		171,185
-------------
0 		0
-------------
0 		23,113
-------------
0 		1,123,536
-------------
0 		0
-------------
 
19Baldwin Alexandra C
President Korn Ferry Tour 		(i)

(ii)		 353,451
-------------
0 		504,060
-------------
0 		27,922
-------------
0 		212,463
-------------
0 		5,808
-------------
0 		1,103,704
-------------
0 		0
-------------
 
20Brady Jr Jack M
President PGA TOUR Champions 		(i)

(ii)		 290,821
-------------
0 		399,575
-------------
0 		25,693
-------------
0 		197,267
-------------
0 		32,069
-------------
0 		945,425
-------------
0 		0
-------------
 
21Oliver Brian M
EVP Corporate Partnerships 		(i)

(ii)		 375,210
-------------
7,657 		922,896
-------------
21,779 		47,052
-------------
100,720 		421,259
-------------
11,541 		28,750
-------------
587 		1,795,167
-------------
142,284 		0
-------------
 
22Hegan Shawn P
SVP Player Relations 		(i)

(ii)		 198,918
-------------
0 		423,520
-------------
0 		660,261
-------------
0 		233,508
-------------
0 		19,755
-------------
0 		1,535,962
-------------
0 		0
-------------
 
23Gambuzza Norbert M
SVP Media and Gaming 		(i)

(ii)		 306,226
-------------
76,556 		443,002
-------------
100,501 		28,769
-------------
7,192 		204,988
-------------
40,998 		27,066
-------------
6,767 		1,010,051
-------------
232,014 		0
-------------
 
24Glod Jr Daniel T
SVP Business Development 		(i)

(ii)		 330,975
-------------
0 		531,300
-------------
0 		52,914
-------------
0 		220,683
-------------
0 		32,040
-------------
0 		1,167,912
-------------
0 		0
-------------
 
25Rapp Matthew H
SVP Championship Management 		(i)

(ii)		 327,236
-------------
0 		519,302
-------------
0 		32,578
-------------
0 		216,138
-------------
0 		16,657
-------------
0 		1,111,911
-------------
0 		0
-------------
 
26Ohno Robert K
Former SVP International Tours 		(i)

(ii)		 650,468
-------------
0 		713,727
-------------
0 		66,288
-------------
0 		0
-------------
0 		0
-------------
0 		1,430,483
-------------
0 		0
-------------
 
27Sharkey Kenneth J
Former EVP & CFO 		(i)

(ii)		 205,192
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		205,192
-------------
0 		0
-------------
 
28Votaw Ty M
Former EVP International 		(i)

(ii)		 205,082
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		205,082
-------------
0 		0
-------------
 
29Wade Thomas E
Former Chief Commercial Ofc 		(i)

(ii)		 199,432
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		199,432
-------------
0 		0
-------------
 
Schedule J (Form 990) 2023
Page 3

Schedule J (Form 990) 2023
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part II, Player Compensation COMPENSATION REPORTED FOR PLAYER DIRECTORS IN PART VII AND SCHEDULE J OF FORM 990 REPRESENTS COMPENSATION EARNED IN THE CALENDAR YEAR BY EACH PLAYER FOR PARTICIPATION IN VARIOUS GOLF TOURNAMENTS, EVENTS, OR PROGRAMS. OTHER THAN REIMBURSEMENT FOR DOCUMENTED EXPENSES TO ATTEND BOARD MEETINGS, INDIVIDUALS DO NOT RECEIVE COMPENSATION FOR THEIR SERVICE TO THE PGA TOUR AS A PLAYER DIRECTOR.
Schedule J, Part I, Line 1A IN SOME CASES, CERTAIN INDIVIDUALS LISTED ON PART VII AND SCHEDULE J MAY USE FIRST-CLASS OR CHARTER TRAVEL (I.E., A CORPORATE PLANE OF A TOUR SUBSIDIARY AND/OR A THIRD PARTY) FOR BUSINESS OR PERSONAL USE BASED UPON SECURITY CONCERNS, PRIVACY CONCERNS, TIMING CONCERNS, AND LENGTH OF TRIP. THE TOUR'S GOVERNING BOARD REQUIRES THAT THE COMMISSIONER USE CHARTER FLIGHTS FOR ALL TRAVEL, BOTH BUSINESS AND PERSONAL, BECAUSE OF SECURITY CONCERNS, PRIVACY CONCERNS, AND TIMING CONCERNS. THIS PROVISION OF FIRST-CLASS OR CHARTER TRAVEL IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF FIRST-CLASS OR CHARTER TRAVEL, INCLUDING THE PERSONAL USE OF A CORPORATE PLANE OF A TOUR SUBSIDIARY AND/OR A THIRD PARTY, IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). PGA TOUR, INC. PERMITS COMPANION TRAVEL FOR EMPLOYEES REPORTED ON PART VII AND SCHEDULE J IN LIMITED CASES, BASED ON CERTAIN FACTS AND CIRCUMSTANCES, WHERE SUCH TRAVEL ENHANCES AND PROMOTES TOUR'S BUSINESS. PGA TOUR, INC.'S PROVISION OF TRAVEL FOR COMPANIONS IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF TRAVEL FOR COMPANIONS IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). ALL EMPLOYEES REPORTED ON PART VII AND SCHEDULE J RECEIVE ACCESS TO HEALTH OR SOCIAL CLUBS FOR BUSINESS AND/OR PERSONAL USE. THIS PROVISION OF ACCESS TO HEALTH OR SOCIAL CLUBS IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF HEALTH OR SOCIAL CLUBS IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). IN LIMITED CASES AND IN CONJUNCTION WITH TOURNAMENT EVENTS THAT PROVIDE NON-CASH BENEFITS, TAX GROSS-UP PAYMENTS ARE PROVIDED.
Schedule J, Part I, Line 4A PGA TOUR, INC. AND ITS RELATED ORGANIZATIONS MADE SEVERANCE PAYMENTS TO THE FOLLOWING INDIVIDUALS REPORTED ON PART VII AND SCHEDULE J OF FORM 990 IN CALENDAR YEAR 2023: JAMES A. PAZDER 1,109,597 SHAWN P. HEGAN 627,139
Schedule J, Part I, Line 4B CERTAIN EXECUTIVES PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS A PLAN OF A RELATED ORGANIZATION AND NOT PGA TOUR, INC. DURING EMPLOYMENT, ACTUARIAL CHANGES ARE REPORTED BY PARTICIPANT AS OTHER WAGES IN PART II COLUMN (B)(III) OF SCHEDULE J. WHEN DISTRIBUTIONS ARE MADE AFTER RETIREMENT, THE REPORTABLE AMOUNT IS THE EXCESS OF THE TOTAL PAYMENT RECEIVED LESS ACTUARIAL AMOUNTS PREVIOUSLY REPORTED. ACTUARIAL AMOUNTS REPORTED AS PART OF THE PLAN TOTALED $4,789,238 IN 2023. THE PLAN PARTICIPANTS WERE RICHARD D. ANDERSON, LEONARD BROWN, LELAND T. DENNIS, ALLISON W. KELLER, JOSEPH W. MONAHAN, BRIAN M. OLIVER, JAMES A. PAZDER, AND RONALD E. PRICE.
Schedule J, Part II, Column (B) CERTAIN INDIVIDUALS HAVE AMOUNTS REPORTED IN PART VII, SECTION A, COLUMN (E) AND SCHEDULE J, PART II, COLUMN (B) THAT DIFFER FROM AMOUNTS REPORTED ON THEIR FORM W-2. THIS RESULT WAS DUE TO A CHANGE IN RETIREMENT TIMING WHICH AFFECTED THE VALUE OF RETIREMENT BENEFITS AND IT DOES NOT REPRESENT AN ACTUAL ACCRUAL OF BENEFITS UNDER THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. BECAUSE THIS VARIANCE WAS A RESULT OF RETIREMENT TIMING, IT IS NOT EXPECTED TO OCCUR ON AN ONGOING BASIS. IN 2023, THE INDIVIDUALS THAT HAVE AMOUNTS REPORTED IN PART VII AND SCHEDULE J THAT DIFFER FROM AMOUNTS REPORTED ON FORM W-2 ARE RONALD E. PRICE AND JAMES A. PAZDER.
Schedule J, Part II, Column (C) THE AMOUNTS REFLECTED FOR CERTAIN INDIVIDUALS IN SCHEDULE J, PART II, COLUMN (C) INCLUDE AMOUNTS RELATED TO A NON-ELECTIVE DEFERRED LONG-TERM INCENTIVE BONUS PLAN WHICH ARE PAYABLE AFTER 2023. AMOUNTS EARNED IN THE PLAN ARE ACCRUED OVER A THREE-YEAR PERIOD AND THEN PAYABLE OVER THE SUBSEQUENT THREE YEARS. TAX YEAR 2023 IS THE FIRST YEAR AFTER AN ACCRUAL PERIOD, SO DEFERRED PAYMENTS ARE BEING REPORTED IN COLUMN (C) THAT HAVE NOT YET BEEN PAID AND ARE SUBJECT TO FORFEITURE SHOULD THE INDIVIDUAL TERMINATE THEIR EMPLOYMENT WITH THE COMPANY PRIOR TO THE PAYMENT. RELATED TO THIS PLAN, THE FOLLOWING INDIVIDUALS HAVE AMOUNTS OF FUTURE, DEFERRED COMPENSATION THAT IS SUBJECT TO RISK OF FORFEITURE INCLUDED IN SCHEDULE J, PART II, COLUMN (C): RICHARD D. ANDERSON, ALEXANDRA C. BALDWIN, JACK M. BRADY, JR., LEONARD BROWN, LELAND T. DENNIS, NORBERT M. GAMBUZZA, DANIEL T. GLOD, JR., ALLISON W. KELLER, JAY M. MADARA, JOSEPH W. MONAHAN, LAURA NEAL, BRIAN M. OLIVER, MATTHEW H. RAPP, AND NEERA M. SHETTY.
Schedule J (Form 990) 2023

Additional Data


Software ID:  
Software Version: