TMRW Sports, the company behind TMRW Golf League, aka TGL, the arena-based venture founded by Tiger Woods, Rory McIlroy, and former Golf Channel executive Mike McCarley in 2022, was valued at nearly $500 million after closing its Series A investment round. TGL has partnered with the PGA Tour for the project.

Bloomberg first reported the figure.

TMRW sports was founded, in part, to push the boundaries of tech-infused sports entertainment. TGL competitors — four per each of the six teams — will hit into a mammoth simulator screen. Within 50 yards of the hole, they'll test their short games on a shapeshifting “Green Zone”. There will be a shot clock, and players will be mic'd up.

“The GreenZone will use advanced technology to make each hole a unique challenge for the teams, including its 41-yard-wide turntable that rotates the green and three bunkers to change approach angles and using nearly 600 motorized actuators as part of Full Swing’s Virtual Green technology embedded under the synthetic putting surface to morph its topography,” reads the TGL website.

TGL's original plans to debut in 2024 were thwarted after its custom-build arena, the SoFi Center in Palm Beach Gardens, FL., collapsed in November.

In March, TGL announced its official launch date — Tuesday, January 7, 2025 — and unveiled updated renderings of its 250,000-square-foot venue. The arena will feature “an intimate and unique ‘greenside' fan experience with 1,500 seats wrapping around TGL's field of play, which at 97 yards long and 50 yards wide is almost the size of a football field.”

The first three events will air on ESPN and ESPN+ in prime time slots.

TGL has unveiled its rosters for 2025, with each team representing a different city.

  • The Bay Club (San Francisco): Wyndham Clark, Ludvig Åberg, Shane Lowry, Min Woo Lee
  • Atlanta Drive GC: Justin Thomas, Patrick Cantlay, Lucas Glover, Billy Horschel
  • Boston Common Golf: McIlroy, Adam Scott, Hideki Matsuyama, Keegan Bradley
  • Jupiter Links GC (Florida): Tiger Woods, Max Homa, Kevin Kisner, Tom Kim
  • Los Angeles Golf Club: Collin Morikawa, Tommy Fleetwood, Sahith Theegala, Justin Rose
  • New York Golf Club: Xander Schauffele, Rickie Fowler, Matt Fitzpatrick, Cameron Young

The creation of TGL comes amid increased efforts by PGA Tour leadership to diversity its product amid LIV Golf competition and technological advancement. Earlier this year, a $3 billion investment from the Strategic Sports Group funded a for-profit branch tasked with growing the game, PGA Tour Enterprises. Tiger Woods is vice president.

“I’ve been a believer in TGL, and as the momentum has built this past year, I’m even more excited about what this can become for fans of the game all around the world,” Tiger said in a statement.

TGL's investors include numerous SSG-affiliated American sports owners, along with celebrities like Stephen Curry, Lewis Hamilton, Alex Morgan, Shohei Ohtani, Serena Williams, Justin Bieber, DJ Khaled, Darius Rucker and Justin Timberlake.

The TLG has a strict No LIV policy.