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Rumor Mill: PIF and PGA sign draft agreement to finalize Saudi investment

Posted on 6/11/24 at 3:34 pm
Posted by The Pirate King
Pangu
Member since May 2014
65298 posts
Posted on 6/11/24 at 3:34 pm
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92936 posts
Posted on 6/11/24 at 3:38 pm to
quote:

Brandel shambles


Stay current, Pirate Queen.

Brandle now supports the deal.
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
13158 posts
Posted on 6/11/24 at 3:43 pm to
This reminds me of watching random Bachelor episodes with my wife. It seems they have levels of love on the show; starting to fall in love, falling in love, in love, love. We had the the "Framework agreement" last June. Maybe next June the "draft agreement" can turn into an "Agreement to agree".
Posted by JimTiger72
Member since Jun 2023
16237 posts
Posted on 6/11/24 at 3:44 pm to
quote:

per @AlanShipnuck


Posted by The Pirate King
Pangu
Member since May 2014
65298 posts
Posted on 6/11/24 at 3:46 pm to
quote:

Brandle now supports the deal.


This was just a few days ago. He may want a merger to make his job easier, but he certainly doesn't personally want LIV or the PIF anywhere near professional golf.

LINK

quote:

Golf Channel analyst Brandel Chamblee has labelled LIV Golf’s format an “insult to the integrity of competition.”

In a scathing attack on the Greg Norman-fronted circuit, the 61-year-old called the competition “laughable” before claiming he wouldn’t take the money.


quote:

“Does money make some things easier, that kind of money? Yeah, it does. It’s easy to say I wouldn’t take the money but when you start to think of the corruption of that kind of money and the impetus to your kids to go out and hustle to make money.
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12238 posts
Posted on 6/11/24 at 3:50 pm to
quote:

This reminds me of watching random Bachelor episodes with my wife. It seems they have levels of love on the show; starting to fall in love, falling in love, in love, love. We had the the "Framework agreement" last June. Maybe next June the "draft agreement" can turn into an "Agreement to agree".


Difference is those idiots get married after like 4 dates. These idiots feel like they’re taking 4 years.
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92936 posts
Posted on 6/11/24 at 4:11 pm to
Regardless of how he feels about LIV - he supports the deal.

LINK

quote:

Now, however, Chamblee agrees with Rory McIlroy’s assertion that a deal must be struck between the PGA Tour and PIF to end the division in the sport.


quote:

Like McIlroy, Chamblee also believes a resolution between the warring factions is essential to protect the US-based circuit.
Posted by lsupride87
Member since Dec 2007
108495 posts
Posted on 6/11/24 at 4:13 pm to
Rummel is correct

Brandel still hates LIV and PIF, but he knows a deal has to be done if the PGA wants to have a future
Posted by Swagga
504
Member since Dec 2009
18741 posts
Posted on 6/11/24 at 5:16 pm to
At the end of the day I support whatever gets these guys back on the same tour.

I don’t like LIV so I’d obviously prefer if the future of golf looked a lot more like the current PGA tour but we shall see.
Posted by cbtullis
Atlanta
Member since Apr 2004
6821 posts
Posted on 6/11/24 at 6:08 pm to
quote:

Brandel still hates LIV and PIF, but he knows a deal has to be done if professional golf with tv viewers wants to have a future


Fixed it for you
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12238 posts
Posted on 6/11/24 at 7:07 pm to
quote:

I don’t like LIV so I’d obviously prefer if the future of golf looked a lot more like the current PGA tour but we shall see.


This. 4 majors. Players Championship. 12-16 elevated/signature events (75% in North America/25% in Europe). FedEx Cup/Playoff/Tour Championship. That’s about 20-25 weeks worth of big time golf.

Figure it out from there. Have some type of team type events during the Fall and Winter in mild climates or southern hemisphere. They can have huge paydays and if you want to assemble a team of globetrotters chasing big purses go for it.

Posted by JimTiger72
Member since Jun 2023
16237 posts
Posted on 6/11/24 at 9:35 pm to
quote:

12-16 elevated/signature events (75% in North America/25% in Europe).


That seems like a stretch… & a reminder that this is not a merger between LIV & PGA Tour. It’s an agreement between the PIF & PGA Tour.

I don’t think Yasir or Norman want to totally get rid of LIV Golf, but they know the most players (including Rahm) want to play in PGA Tour events again. Then some LIV golfers may not be interested in going back.

This opens the door to a lot of possibilities though. Could LIV teams open the roster to more than 4 players?
If PGA Tour events interfere with LIV schedule, maybe Rahm plays in the PGA event & 4 other team members go play in LIV event.
Posted by BallChamp00
Member since May 2015
7320 posts
Posted on 6/11/24 at 10:38 pm to
The sad thing about this is it all could have been avoided if the PGA listened to them years ago. Knowing they could outbid players and force them to sign a worse deal.
Posted by CFDoc
Member since Jan 2013
2244 posts
Posted on 6/11/24 at 10:45 pm to
quote:

his is not a merger between LIV & PGA Tour. It’s an agreement between the PIF & PGA Tour.


Technically correct. However, both sides have stated several times that LIV players’ status and ‘punishment’ for coming back to play PGA events has been a serious point of contention during the PIF/PGA negotiations.

So PIF is still negotiating on behalf of LIV and nothing has been suggested to think that has changed.
Posted by JimTiger72
Member since Jun 2023
16237 posts
Posted on 6/11/24 at 10:49 pm to
quote:

it all could have been avoided if the PGA listened to them years ago.

Yup. See ya, Jay.

From Mr. Shipnuck:
quote:

What's been your most shocking revelation when making this book?

I would say unwinding the early history of how Jay Monahan fumbled the ball is really important. That letter that Majed al Sorour wrote to Jay in August of 2021 which I reproduce in the book and talk about in great detail, that’s really the moment of truth for Monahan, where the Saudis had been aligned with the Premier Golf League, Monahan pretty masterfully swooped in, killed the Premier Golf League, the Saudis moved their money out, they lost confidence in Andy Gardiner, and they decide to go at it alone, but before they went all in and before they blew up professional golf, they were trying hard to have this dialogue and this partnership with the Tour. Majed reaches out to Jack Nicklaus and asks him to begin a dialogue with Monahan, and Monahan shoots it down, and an increasingly frustrated Majed sends this letter. This was an opportunity for the Tour to co-op this incredible source of funding and bring them into the fold and completely control the situation before LIV Golf had ever launched.

Instead, out of pride, out of pugnaciousness, out of lack of foresight, Monahan went in this board meeting and told the whole room, we’re at war, and that really set the tone for this era of professional golf.

I think that’s super important for people to understand how it played out. I give this whole moment in time a lot of pages in the book because to me, and I think to a lot of people they had never been totally clear, what did Jay know and when did he know it, to use an old Watergate refrain. And could he have changed the trajectory of this entire story. And I think when you read this book, it’s a very definitive yes.


This post was edited on 6/11/24 at 10:52 pm
Posted by TaderSalad
mudbug territory
Member since Jul 2014
25915 posts
Posted on 6/12/24 at 6:21 am to
Can’t wait to hear Hunt Palmer bitch about this for the next month
Posted by JimTiger72
Member since Jun 2023
16237 posts
Posted on 6/12/24 at 9:06 am to
quote:

if the PGA listened to them years ago. Knowing they could outbid players and force them to sign a worse deal.


I mean really who’s the bad guy here?
Yasir?
Greg Norman?
Phil?

Jay? As I posted above, I think there is 1 clear option that could have ended this whole thing at the beginning.
Too greedy & was unwilling to give the players what they wanted/deserved even though it’s the “players” tour
Posted by TDTOM
Member since Jan 2021
24679 posts
Posted on 6/12/24 at 9:25 am to
quote:

Too greedy & was unwilling to give the players what they wanted/deserved even though it’s the “players” tour


You have no idea what you are talking about.
Posted by JimTiger72
Member since Jun 2023
16237 posts
Posted on 6/12/24 at 9:28 am to
quote:

You have no idea what you are talking about.




But Shipnuck does, right?

quote:

before they went all in and before they blew up professional golf, they were trying hard to have this dialogue and this partnership with the Tour.

This was an opportunity for the Tour to co-op this incredible source of funding and bring them into the fold and completely control the situation before LIV Golf had ever launched.

Instead, out of pride, out of pugnaciousness, out of lack of foresight, Monahan went in this board meeting and told the whole room, we’re at war, and that really set the tone for this era of professional golf.
Posted by icegator337
Lafayette
Member since Jan 2013
3703 posts
Posted on 6/12/24 at 10:36 am to
quote:

I mean really who’s the bad guy here?
Yasir?
Greg Norman?
Phil?

Jay?


Yes
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