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re: Anyone hearing big LIV rumors?

Posted on 4/15/26 at 2:00 pm to
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:00 pm to
You don’t believe that at all

If nothing was changing at all these bogus reports only help LIV because they can come out refuting them and laughing as they march forward
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9641 posts
Posted on 4/15/26 at 2:00 pm to
quote:

Jim, what do you think about LIV losing PIF? Shouldn’t really matter in my estimation. Tons of startups lose millions a month with no sign of revenue growth as you and others have told me repeatedly. So I would imagine other investors will pounce on this opportunity


Yep, startups always lose billions of dollars in their first few years. I’m sure other investors will want to jump in on this once in a lifetime opportunity. Maybe Phil and Norman can pony up to keep this great golf tour alive.
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:00 pm to
quote:

About what exactly?
You are talking about Rahms club foot and melting about the “corrupt golf media” in here
Posted by The Pirate King
Pangu
Member since May 2014
68150 posts
Posted on 4/15/26 at 2:01 pm to
quote:

If nothing was changing at all


So now it's gone from "LIV is canceled immediately" to "well maybe they'll be done after this tournament" to "well, they may not done, but something is going to happen".
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:03 pm to
You just said this is all just pga tour bullshite man

Posted by AUjim
America
Member since Dec 2012
3811 posts
Posted on 4/15/26 at 2:03 pm to
If someone offered me more money than I had ever made in my entire career right up front (or over a short span like 5 years), it'd really be difficult not to take them up on that. Especially with some of the likely upside/investment opportunitites presented to guys like Bryson, Rahm, etc. ESPECIALLY if I had confidence that I had a fall back plan (back to PGA) after a few years.
Posted by usc6158
Member since Feb 2008
39065 posts
Posted on 4/15/26 at 2:05 pm to
quote:

Yep, startups always lose billions of dollars in their first few years. I’m sure other investors will want to jump in on this once in a lifetime opportunity. Maybe Phil and Norman can pony up to keep this great golf tour alive.



LIV is the golf version of Theranos, Quibi, and Pets.com
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:07 pm to
quote:

If someone offered me more money than I had ever made in my entire career right up front (or over a short span like 5 years), it'd really be difficult not to take them up on that. Especially with some of the likely upside/investment opportunitites presented to guys like Bryson, Rahm, etc. ESPECIALLY if I had confidence that I had a fall back plan (back to PGA) after a few years.
Yet the vast majority of players did turn it down , so it clearly isn’t that hard ….

When you already have life on easy mode money it’s alot different than “let me save for once nice vacation a year” money people making this choice
This post was edited on 4/15/26 at 2:08 pm
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
42172 posts
Posted on 4/15/26 at 2:07 pm to
quote:

Dude. He had 50 million just in earnings and was the biggest sponsor for Calloway and adidas.


You just repeated what I said. I know those things.

quote:

I think it’s more likely than not he was in the 9 figure worth category or within that world.


Career earnings + sponsorship money combined =/= net worth. There's a little thing called liabilities that are factored in the equation too. John Rahm was not worth 100 million prior to LIV. He may have made 100 million, but he wasn't worth it.

quote:

Regardless, thinking he needed to leave for money for his fricking foot is one of the most ludicrous things ever said about why he took LIv money


Agreed
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9641 posts
Posted on 4/15/26 at 2:08 pm to
quote:

LIV is the golf version of Theranos, Quibi, and Pets.com


Those companies more than likely wanted to turn a profit at some point. LIV never had a chance or plan for return on investment with the stupid money they were throwing around.
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:09 pm to
quote:

There's a little thing called liabilities
Also a little thing called equity, which he has in Calloway
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
42172 posts
Posted on 4/15/26 at 2:13 pm to
quote:

Also a little thing called equity, which he has in Calloway


That he signed in 2023... right before he left for LIV. He's almost all the equity money while on LIV, not before.
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:14 pm to
quote:

That he signed in 2023... right before he left for LIV.
Correct. What ever equity they gave him is an instant asset contributing to his net worth

Pretty much everywhere had his net worth on the 100 million range before going to liv. It’s in that ballpark. Nobody knows the exact amount but stating it was 9 figures isn’t something worth arguing because it’s close one way or the other
This post was edited on 4/15/26 at 2:16 pm
Posted by Cosmo
glassman's guest house
Member since Oct 2003
131362 posts
Posted on 4/15/26 at 2:22 pm to
quote:

Those companies more than likely wanted to turn a profit at some point. LIV never had a chance or plan for return on investment with the stupid money they were throwing around.


LIV didnt expect a profit

They expected an eventual merger and equity in PGA Tour which they still might get.
Posted by bstaceyau19
New Orleans
Member since Jun 2022
1267 posts
Posted on 4/15/26 at 2:24 pm to
quote:

They expected an eventual merger and equity in PGA Tour which they still might get.


The general consensus of most of the people who cover golf is that this is DOA.
Posted by lsupride87
Member since Dec 2007
111162 posts
Posted on 4/15/26 at 2:25 pm to
quote:

They expected an eventual merger and equity in PGA Tour which they still might get.
Bro
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
13408 posts
Posted on 4/15/26 at 2:25 pm to
quote:

They expected an eventual merger and equity in PGA Tour which they still might get.


What? Why would the PGA Tour do that, especially now?
Posted by tigerfan88
Member since Jan 2008
9004 posts
Posted on 4/15/26 at 2:27 pm to
If that was their goal they could’ve gotten it in 2023 but they refused to give up on team golf. Yasir wouldn’t budge that team golf had to be a major factor in the pga tour going forward.

If all they cared about was a stake in the pga tour and a foot in the tour they could’ve gotten that
Posted by Swagga
504
Member since Dec 2009
19198 posts
Posted on 4/15/26 at 2:29 pm to
quote:

They expected an eventual merger and equity in PGA Tour which they still might get.



there’s a better chance the PGA tour cuts me a check.
Posted by The Pirate King
Pangu
Member since May 2014
68150 posts
Posted on 4/15/26 at 2:30 pm to
I still find it funny that if that PE group didn't jump in and bail out the PGA, they would have had to merge with LIV at the minimum to survive.
This post was edited on 4/15/26 at 2:32 pm
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