PGA Tour winner Johnson Wagner told the Golf Channel there was plenty of anger in the room on Tuesday after Monahan came to a merger agreement with LIV Golf and the Saudi Public Investment Fund (PIF) without consulting the players.

"It was contentious," Wagner said.

"There were many moments where certain players were calling for new leadership of the PGA Tour and even got a couple standing ovations.

"The most powerful moment was when a player quoted Commissioner Monahan from the 3M (Open) in Minnesota last year when he said, 'As long as I'm commissioner of the PGA Tour, no player that took LIV money will ever play the PGA Tour again'.

"It just seems like a lot of backtracking."

Australian major champion and Golf Australia Magazine columnist Geoff Ogilvy told reporters he got the sense the Tour had rushed the announcement.

"(Monahan) just sort of explained the structure, how it's going to look going forward," Ogilvy said.

"He didn't really talk specifics.”

"It was a tough meeting for both sides, for Jay and all the players, because nobody really knows what this is going to look like in the end."

Monahan, 53, is the fourth commissioner in PGA Tour history and has held the position since January 2017.

"It was contentious. There were many moments where certain players were calling for new leadership of the PGA Tour and even got a couple standing ovations." – Johnson Wagner.

Whether or not he resigns, he will not hold that title for much longer.

With PIF making a capital investment in the new entity formed by the merger of the PGA Tour, DP World Tour and LIV Golf, the Saudi organisation's governor Yasir Al-Rumayyan will be its chairman. Monahan is set to be the CEO.

"Players were mad, players were calling for (his) resignation, and Jay sat there and took it like a champ, he really did," Wagner said.

"He didn't specifically answer a lot of questions of what the path would be like for LIV players coming in the season of '24.”

"He kind of left it up to his discretion ... so a lot of players didn't like that."

Monahan addressed reporters after the meeting with players in Toronto.

"I recognise that people are going to call me a hypocrite," he said.

"Anytime I said anything, I said it with the information that I had at that moment, and I said it based on someone that's trying to compete for the PGA Tour and our players."

"I accept those criticisms. But circumstances do change."

The deal reportedly was negotiated over the last seven weeks, with key players including former World No.1s Tiger Woods and Rory McIlroy – who stood by Monahan and the PGA Tour while sharply criticising LIV Golf – not let in on the decision until the last minute.

"Tiger and Rory's perspective is one that I understand very well, and ... it will be a part of my thinking going forward," Monahan said.

Woods and the Canadian Open's defending champion McIlroy have yet to comment publicly.