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PGA of America

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Extracted from the Wikipedia article Professional Golfers' Association of America.

History

With an increase of revenue in the late 1960s due to expanded television coverage, a dispute arose between the touring professionals and the PGA of America on how to distribute the windfall. The tour players wanted larger purses, where the PGA desired the money to go to the general fund to help grow the game at the local level. Following the final major in July 1968 at the PGA Championship, several leading tour pros voiced their dissatisfaction with the venue and the abundance of club pros in the field. The increased friction resulted in a new entity in August, what would eventually become the PGA Tour. Tournament players formed their own organization, American Professional Golfers, Inc. (APG), independent of the PGA of America. After several months, a compromise was reached in December: the tour players agreed to abolish the APG and form the PGA "Tournament Players Division", a fully autonomous division under the supervision of a new 10-member Tournament Policy Board. The board consisted of four tour players, three PGA of America executives, and three outside members, initially business executives. It hired its own commissioner and was renamed the "PGA Tour" in the mid-1970s.