
Tim Finchem officially retires at the end of the year as PGA Tour commissioner, ending more than two decades during which he expanded the tour's footprint around the world and saw prize money grow to nearly $300 million. The PGA Tour's board of directors accepted Finchem's resignation Monday and unanimously approved Jay Monahan as his replacement. Monahan, who has served as Finchem's deputy commissioner since April 2014, becomes the fourth commissioner on Jan. 1.
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