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re: Can someone summarize the LIV, PGA and Mickelson drama for me?
Posted on 6/9/22 at 8:18 pm to lsupride87
Posted on 6/9/22 at 8:18 pm to lsupride87
All of the other sports have team owners that make large sums of money, right? The tour is a non-profit.
3
Posted on 6/9/22 at 8:18 pm to Samso
quote:
If he said nothing and just took the money there would have been no cancellation or controversy.
?????
I know you know money talks even if you don't
Posted on 6/9/22 at 8:28 pm to BBONDS25
quote:Yes
All of the other sports have team owners that make large sums of money, right?
quote:Yes
The tour is a non-profit.
My only point was the pga does pay out a large % of revenue to its players, larger than other other leagues
Now a fair counterpoint would be the players cover their own travel and training costs in golf, while it’s covered for them in other aports(at least during the season)
Posted on 6/9/22 at 8:32 pm to lsupride87
I agree with you that the tour is in a tough spot. You have made some good points these last few days. I am still baffled by the commissioners actions, though. I understand he is in a tough spot, but this new league wasn’t a surprise.
Posted on 6/9/22 at 8:33 pm to Ghost of Colby
lol thanks for the laugh
Posted on 6/9/22 at 8:34 pm to lsupride87
The other thing tour players face is relegation. That’s tough. If you don’t make a million you lose your card. Go to lorn ferry and hope to make a couple hundred. While paying expenses. It’s a grind for guys in the 100-200 ranking level.
Posted on 6/9/22 at 8:35 pm to xiv
quote:
Right. The NBA said stuff that made you feel bad about yourself so their China money is bad.
No, they protested against things allegedly happening in this country while ignoring those exact things actually occurring in China.
Posted on 6/9/22 at 9:16 pm to BBONDS25
quote:
All of the other sports have team owners that make large sums of money, right? The tour is a non-profit
The announced Tour revenues for 2020 were $1.5 billion, as a non-profit secure from a majority of federal taxes.
Some players want the books opened to see where the money is coming from and where it's going.
Posted on 6/9/22 at 9:21 pm to OchoDedos
quote:
Some players want the books opened to see where the money is coming from and where it's going.
Why would the tour be against this?
Posted on 6/9/22 at 9:33 pm to BBONDS25
quote:
Why would the tour be against this?
I imagine when the anti-trust lawsuits begin, the LIV attorney's will be asking that very question.
Posted on 6/9/22 at 10:31 pm to lsupride87
quote:
The players will get 838 million in 2022. So just a hair over 224 million
How are they paid that money?
Posted on 6/9/22 at 10:34 pm to Oilfieldbiology
quote:No they didn’t. You’re pretending that they did because what they said made you uncomfortable.
No, they protested against things allegedly happening in this country while ignoring those exact things actually occurring in China.
Posted on 6/9/22 at 10:44 pm to the LSUSaint
quote:By check? Maybe bitcoin
How are they paid that money?
Posted on 6/9/22 at 11:17 pm to xiv
quote:
No they didn’t. You’re pretending that they did because what they said made you uncomfortable.
What? Who is uncomfortable? The Chinese government is doing things that should make you sick. Yet the NBA players protested the US government. What is the solution the NBA wants to the atrocities of the US government? More US government. Brilliant.
Posted on 6/9/22 at 11:38 pm to lsupride87
quote:
check? Maybe bitcoin
Scared to answer? Be careful genius, my best man had PGA card for 10 yrs.
Posted on 6/10/22 at 4:55 am to Jack Daniel
Both sides will tell you it's not about the money.
It's about the money.
It's about the money.
Posted on 6/10/22 at 6:39 am to BBONDS25
quote:
All of the other sports have team owners that make large sums of money, right? The tour is a non-profit.
Do you know the expenses of running the PGA Tour?
Posted on 6/10/22 at 6:49 am to the LSUSaint
quote:Its winnings and PIP
Scared to answer? Be careful genius, my best man had PGA card for 10 yrs.
Well, your man didn’t tell you much, because you didn’t beleive the players came close to making 270 million earlier, when they actually make 800 million
Look, let’s say they take that 800 million in winnings and make it salary. Fantastic. Players now get paid a guaranteed salary that makes up 55% of the revenue
Guess what, that would still amount to a fraction of what the Saudis are paying them……There is nothing the PGa can do to even come close to matching the Saudi money
frick it. Let’s say the PGA gave the players all of the 1.5 billion in revenue to guaranteed salary. 100% of it. Obviously impossible, but let’s do it for fun
That’s an average of 15 million per player in the top 100. So obviously the top guys would get more and bottom guys less, but still.
The ducking Saudis are giving guys 100 million plus, and dudes like Na 30 million
So stop pretending the players actually cared and thought the PGA could do anything
This post was edited on 6/10/22 at 7:15 am
Posted on 6/10/22 at 7:30 am to lsupride87
quote:
Guess what, that would still amount to a fraction of what the Saudis are paying them……There is nothing the PGa can do to even come close to matching the Saudi money frick it. Let’s say the PGA gave the players all of the 1.5 billion in revenue to guaranteed salary. 100% of it. Obviously impossible, but let’s do it for fun That’s an average of 15 million per player in the top 100. So obviously the top guys would get more and bottom guys less, but still. The ducking Saudis are giving guys 100 million plus, and dudes like Na 30 million So stop pretending the players actually cared and thought the PGA could do anything
Yep, the people eating up every word from Greg Norman and Phil has been crazy.
Posted on 6/10/22 at 7:46 am to lsupride87
quote:
Percentage of revenue that goes to players
PGA= 55%
MLB = 54%
NBA = 50%
NHL = 50%
NFL = 48%
I’d be curious to see what the PGA uses their 45% on. In the other leagues, that percentage is split by 30 owners who then use it to pay an entire organization built up around the players.
What is the real overhead for the PGA?
This post was edited on 6/10/22 at 7:47 am
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