Per the report, the Tour Championship - the final event of the three-tournament FedEx Cup Playoffs - could feature head-to-head play, with players moving through the bracket with each win.
Both stroke play and match play are under consideration to be implemented for the 30-player field, per the report.
The discussions currently involve the tour, player directors, corporate sponsors and television networks.
Part of the impetus for a change could be to add drama to the event, just like in the NCAA Tournament when a second seed is upset by a 15th seed.
Under the current format, the top-ranked players in the FedEx Cup standings enter the Tour Championship with a scoring advantage, making upsets harder to come by.
The changes could begin as early as the 2025 season. The Tour Championship is set for Aug. 21-24 at East Lake Golf Club in Atlanta.
Scottie Scheffler is the defending champion.