New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young.
Courtesy: TGL
Tiger Woods and Rory McIlroy’s new golf league, TGL, is adding fresh stars to represent the Big Apple.
Cohen Private Ventures, the family office of Steve Cohen, announced Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael Strahan, John McEnroe and Jimmy Fallon are joining the New York Golf Club investor group as limited partners. It’s the latest round of big names joining the golfing newcomer that begins Jan. 7 in conjunction with the start of the 2025 FedEx Cup season.
Terms of the agreement were not disclosed.
Cohen, who also owns Major League Baseball’s New York Mets, acquired the rights to the New York golf team last September. The team will be represented in its inaugural season by Rickie Fowler, Xander Schauffele, Matt Fitzpatrick and Cameron Young.
New York has the best fans in the world, and we have built a team that will make New Yorkers proud. “We believe this fresh and innovative take on the sport will appeal to both traditional and new fans,” Cohen told CNBC in a statement.
Former New York Giants Super Bowl-winning quarterback Manning says he knows firsthand the excitement New Yorkers have for sports.
There have been many exciting trends in golf with participation growing on and off the course, Manning said in a statement to CNBC.
TGL is the new high-tech primetime golf league launched by Woods, McIlroy and Golf Channel executive Mike McCarley. The league will operate in partnership with the PGA Tour, which is an investor, and will run complementary to the Tour’s schedule. ESPN obtained broadcast rights to the league last October.
TGL will feature Tour players divided into six teams, competing in two-hour one-on-one matches at a newly designed facility in Palm Beach, Florida.
The league was expected to launch in 2024, but the dome being built to host the competition collapsed after a power outage.
Other big-name investors in TGL include NBA legends Stephen Curry, Shaquille O’Neal and Kevin Durant; MLB superstars Shohei Ohtani and Mike Trout; NFL 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 combines his passion for golf and his love for New York.
“I look forward to seeing how the NYGC adds to New York’s sports legacy,” Jeter said.
