The announcement comes after a year of disruptions following the launch of the Saudi-backed LIV Golf circuit.
The PGA Tour, DP World Tour and LIV Golf have agreed to merge commercial operations under common ownership, the PGA Tour has announced.
The announcement comes after a year of unprecedented disruption in the men's professional game following the launch of the Saudi-backed LIV Golf circuit.
"After two years of disruption and distraction, this is a historic day for the game we all know and love," PGA Tour commissioner Jay Monahan said.
"This transformational partnership recognises the immeasurable strength of the PGA Tour's history, legacy and pro-competitive model and combines with it the DP World Tour and LIV - including the team golf concept - to create an organisation that will benefit golf's players, commercial and charitable partners and fans."