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Message
re: LIV Golf Adelaide
Posted on 4/26/24 at 10:59 am to JimTiger72
Posted on 4/26/24 at 10:59 am to JimTiger72
quote:
You have no facts, you’re just saying what you “think” is happening.
Well we know the purse is $20 million. We also know there are guaranteed contractual payouts to a huge chunk of the big players, some with massive contracts like Rahm, DJ, Phil, Brooks, etc. Then there's the cost of putting on the tournament. The PGA has already said that they lose money on their elevated events with the massive purses, so I think it would be fair to assume that with far fewer corporate sponsors and media rights on LIV that they would lose considerably more than the PGA does. But profit margins aren't of primary concern to LIV/PIF and won't determine whether they consider this event a success
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