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re: Cameron Smith rumored to join LIV tour for $90 Million
Posted on 7/18/22 at 10:16 pm to hassan whiteside
Posted on 7/18/22 at 10:16 pm to hassan whiteside
$90m who covers travel cost lol
1
Posted on 7/18/22 at 10:40 pm to thelawnwranglers
Why can’t players play on LIV and the PGA? I believe to keep a PGA tour card you have to play like 12 to 15 tourneys per year. I just can’t understand this line in the sand where they both can’t coexist and fans can’t appreciate both tours
Posted on 7/19/22 at 12:24 am to Strannix
quote:
What did the Saudis do? Lol whacked one guy that was an Al Qaeda supporter?
Funding terrorists. I mean the blood $ angle is dumb but get your head out of the sand.
I just want liv to fail because I worry they will come after other sports. It’s like the Blackrock of sports funding.
This post was edited on 7/19/22 at 12:26 am
Posted on 7/19/22 at 12:59 am to TDTOM
quote:
Anyone that frames their argument around where the money comes from is a hypocrite and an idiot.
I mean it’s really not.
You can say that all you want but it doesn’t make it true.
No one here is pulling for a rival CCP league to come take down the tour. That would be equally weird. It’s not completely about where the money comes from but who will be in control of the future of golf. The PGA does a lot of good, much more than bad. I don’t want to see that go away because of a few minor disagreements about rules and tournament TV coverage. You want to throw the baby out with the bath water.
Posted on 7/19/22 at 3:20 am to WaWaWeeWa
quote:
I don’t want to see that go away because of a few minor disagreements about rules and tournament TV coverage. You want to throw the baby out with the bath water.
The PGA has operated as an effective monopoly for decades (as a nonprofit) and turned their nose up at making significant changes because they were the only game in town. They have no one to blame but themselves.
Posted on 7/19/22 at 7:19 am to The Pirate King
quote:
The PGA has operated as an effective monopoly for decades (as a nonprofit) and turned their nose up at making significant changes because they were the only game in town. They have no one to blame but themselves.
Yea every indication suggests the Saudis will be fair rulers and do what is best for the sport because of their lengthy track record of behaving as such
Y’all are so incredibly short sighted. The Saudis are rolling out the red carpet to get these players but if they do destroy the tour can you guarantee what they are doing in 10-20 years will be better.
I laugh every time someone says there are “no commercials, just constant golf”. It’s a great indication of how juvenile their thinking is.
Posted on 7/19/22 at 8:52 am to WaWaWeeWa
quote:
Yea every indication suggests the Saudis will be fair rulers and do what is best for the sport because of their lengthy track record of behaving as such
Y’all are so incredibly short sighted. The Saudis are rolling out the red carpet to get these players but if they do destroy the tour can you guarantee what they are doing in 10-20 years will be better.
I laugh every time someone says there are “no commercials, just constant golf”. It’s a great indication of how juvenile their thinking is.
It really is baffling. The PGA Tour is the Player's Tour. They have four active players on the board at all times. They have access to a lot of decisions that are made including how much the tournament purses are. But now because some foreign entity is willing to lose millions in an effort to snag the best players, the PGA Tour was doing it wrong this whole time?
Posted on 7/19/22 at 8:56 am to RedHawk
quote:
They have access to a lot of decisions that are made including how much the tournament purses are.
I find this hard to believe considering the Tour magically foind a couple hundred million once players started leaving for LIV.
quote:
But now because some foreign entity is willing to lose millions
Putting capital I play before revenue doesn't mean you are willing to lose that capital
quote:
the PGA Tour was doing it wrong this whole time?
The results so far indicate that is true.
Posted on 7/19/22 at 9:07 am to Mingo Was His NameO
quote:
I find this hard to believe considering the Tour magically foind a couple hundred million once players started leaving for LIV.
That money was already in the works from the new TV deal. Just poor timing (maybe trying to triage) from the tour.
I have enjoyed the LIV tournaments, but at some point they are going to hit a carrying capacity with their shotgun format and no cuts.
Posted on 7/19/22 at 9:14 am to Drunken Crawfish
quote:
but at some point they are going to hit a carrying capacity with their shotgun format and no cuts.
I think that is when they increase the events on the calendar.
Posted on 7/19/22 at 9:23 am to Drunken Crawfish
quote:
I have enjoyed the LIV tournaments, but at some point they are going to hit a carrying capacity with their shotgun format and no cuts
Yeah 48 players, and if they get their way it'll be the 48 best and/or most popular players
Posted on 7/19/22 at 9:24 am to Mingo Was His NameO
quote:
I find this hard to believe considering the Tour magically foind a couple hundred million once players started leaving for LIV.
How do you know they didn’t secure extra funding and endorsements to save golf (at least that what they believe they are doing)?
Otherwise you are insinuating that someone was pocketing that money. Which is extremely unlikely considering all the financials can be easily reviewed.
quote:
Putting capital I play before revenue doesn't mean you are willing to lose that capital
They aren’t going to raise more money than the PGA tour. Especially in a small market where clearly at least half the fans are divided.
Spending like drunken sailors isn’t sustainable. The investment fund is about making money not losing it. They can’t pay $100 million everytime they need a new player when one retires as these contracts expire in 4 years
Posted on 7/19/22 at 9:33 am to WaWaWeeWa
quote:
How do you know they didn’t secure extra funding and endorsements to save golf
Because they said where the money came from. Pay attention before opening your mouth.
quote:
Which is extremely unlikely considering all the financials can be easily reviewed.
No they can't be easily reviewed. Tell me you know nothing about financial statements without telling me you know nothing about financial statements.
quote:
Spending like drunken sailors isn’t sustainable
When you make over $200 million a day, sure it is.
quote:
The investment fund is about making money not losing it
I agree, and they are using the startup model. Uber came in, undercut cab prices, lost an absolute shite ton of money, ran cabs almost out of existence, then raised prices.
LIV is going to spend up front, get the players, then secure sponsorship and media rights money. We've seen this model a million times.
quote:
They can’t pay $100 million everytime they need a new player when one retires as these contracts expire in 4 years
They absolutely can.
Posted on 7/19/22 at 10:11 am to WaWaWeeWa
You as a fan can worry about where the money comes from, but don't think that the PGA gives a shite. Their gripe isn't with where the money comes from, its that LIV is drawing away their players = viewers = dollars.
Posted on 7/19/22 at 10:20 am to Mingo Was His NameO
quote:
Spending like drunken sailors isn’t sustainable
When you make over $200 million a day, sure it is.
I don't know the financial side of golf. . . like at all.
Can the Saudis not invest their $200m a day and see a better return rather than investing it in a sport, and all that goes with it. Maybe they just wanted it? Not argumentative here, just find it odd that they targeted the PGA here. And the PGA's response has been petty, and they sorta brought this on themselves. They're sleeping in the bed they made.
I'm not on either side of the fence. Ultimately, I don't like seeing the competition split. It's more entertaining when the top competitors are all in one field. I haven't seen any of the courses. I enjoy American courses over international courses. The Open course looked like a hayfield with fairways mowed in. There wasn't any elevation, the course was brown (not green) and just doesn't do anything for me aesthetically. Are the LIV courses this way or are they more in line with American courses?
Haven't watched a LIV round mostly because the rounds aren't convenient for me to find. I watch golf on DVR. Hate watching commercials so if I can't record the tournament on TV and fastforward through commercials, I won't watch, or I'll watch until a commercial break then walk away and do something else.
My only hope is that one succeeds and one fails. Don't care which one, but I want all the top players playing against each other, and all of them on network TV.
ETA, just googled the Centurion course. Looks beautiful.
This post was edited on 7/19/22 at 10:21 am
Posted on 7/19/22 at 11:57 am to WhiskeyThrottle
quote:
Can the Saudis not invest their $200m a day and see a better return rather than investing it in a sport, and all that goes with it. Maybe they just wanted it? Not argumentative here, just find it odd that they targeted the PGA here. And the PGA's response has been petty, and they sorta brought this on themselves. They're sleeping in the bed they made.
Yes the Saudi investment fund is about investing in long term projects that will make good returns. This venture isn’t going to make big returns compared to other areas of investment and it make actually produce net negative returns. This is just about making a statement and a splash in the sporting world. It’s obvious because the long term plan isn’t sustainable giving out huge guaranteed contracts. The next round of young players signing aren’t going to take less than the ones before. Salaries don’t usually go down once a bar has been set. It’s already unsustainable.
quote:
What Is the Public Investment Fund of Saudi Arabia? The Public Investment Fund (PIF) of Saudi Arabia was established in 1971 and is that nation's sovereign wealth fund. It provides financing for productive commercial projects that are strategically significant to the development of the Saudi Arabian economy.
Mingo is an idiot who thinks the Saudis can lose whatever amount of money they want without care. It’s not true.
This post was edited on 7/19/22 at 11:58 am
Posted on 7/19/22 at 12:11 pm to TitleistProV1X
quote:
I just can’t understand this line in the sand where they both can’t coexist and fans can’t appreciate both tours
What exactly is the true golf fan supposed to enjoy and appreciate about a watered down product with diluted fields?
Posted on 7/19/22 at 12:12 pm to WaWaWeeWa
quote:
Mingo is an idiot
I agree with this.
quote:
who thinks the Saudis can lose whatever amount of money they want without care. It’s not true.
I don't agree with this.
Posted on 7/19/22 at 1:08 pm to WaWaWeeWa
quote:
Mingo is an idiot who thinks the Saudis can lose whatever amount of money they want without care. It’s not true.
I've argued the exact opposite since the inception of this thing when people kept spatting that.
But the facts aren't important
Posted on 7/19/22 at 1:09 pm to PhiTiger1764
quote:
What exactly is the true golf fan supposed to enjoy and appreciate about a watered down product with diluted fields?
Of LIV gets their way, they'll have the a better field than every tour event but maybe 2 or 3
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