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re: LIV Golf will broadcast on FS1

Posted on 9/28/22 at 12:46 pm to
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
12493 posts
Posted on 9/28/22 at 12:46 pm to
quote:

it's not up for debate


You throw this around a lot.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/28/22 at 12:52 pm to
quote:

You throw this around a lot.


Because it's a fact.

quote:

Five-hundred million dollars. That’s the reported amount that Vince McMahon is investing into the league on his own. The funds are projected to be spent over the course of 3 years.


quote:

A report was released recently that The AAF is hoping to raise 850 million dollars in funds over the course of their first 5 years.


And those are lean minor league operations that didn't have enough cash to survive.

Uber become profitable last year

quote:

WHOOP has more than 500 employees with over 225 new hires in the past 12 months, and has raised approximately $400 million to date.


Whoop is still in the infancy of startup stage.


These big business cost a shite ton of money to get off the ground and you aren't going to be cash flow positive for years on years. Acting like this is exclusive to LIV is just false. That doesn't mean LIV is going to survive, but dropping a couple of billion on a sports league isn't outrageous at all.
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