TGL New York Golf Club brings in Eli Manning and Derek Jeter as investors

Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting new star power 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 have joined the New York Golf Club investor group as limited partners. They are the latest batch of big names to join golf’s arrival which begins on January 7 in tandem with the start of the 2025 FedEx Cup season.

Terms of the deal 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 greatest fans in the world and we have built a team that will make New Yorkers proud. We believe this new and innovative approach to the sport will appeal to both traditional and new golf fans,” Cohen told CNBC in a press release. statement.

Former Super Bowl-winning New York Giants quarterback Manning says he knows firsthand New Yorkers’ enthusiasm for sports.

“There [have] “There have been a lot of exciting trends in golf with growing participation on and off the course,” Manning said in a statement to CNBC.

TGL is the new high-tech golf league launched in prime time by Mike McCarley, head of Woods, McIlroy and Golf Channel. The league will operate in partnership with the PGA Tour, which is an investor, and will run alongside the Tour schedule. ESPN won the league’s broadcast rights last October.

TGL will feature Tour players divided into six teams, competing in two-hour head-to-head matches at a newly designed facility in Palm Beach, Florida.

The league was due to launch in 2024, but the dome being built to house the competition collapsed after a power outage.

Other high-profile investors in TGL include National Basketball Association legends Stephen Curry, Shaquille O’Neal and Kevin Durant; MLB superstars Shohei Ohtani and Mike Trout; Josh Allen, National Football League quarterback; 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 of New York.

“I look forward to seeing the NYGC add to New York’s athletic heritage,” Jeter said.