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Posted on 4/26/24 at 8:04 am to OKtiger
quote:
bringing Cam Smith, Rahm and Phil to places like Adelaide is GROWING the game
Cam said this week he hopes they add more international stops in the future.
quote:
“I think the Australian fans are pretty hard to recreate around the world, but you just pick a city or a country that I guess hadn't seen good golf for a long time,” said Smith, ahead of the 2024 LIV Golf Adelaide event. “It worked last year. It's going to work again this year here. I can see it definitely working internationally a lot better than the US because there's just so many tournaments in the US.
“I'm definitely putting my hand up for more of an international schedule and getting fans out that haven't seen quality golf for a while and showing them what LIV is all about.”
quote:
“Like Cam said, there's opportunities all around the world, markets that haven't been hit yet like Adelaide hadn't been,” Leishman said. “You've got Torque – there's an opportunity for a tournament in Chile; the South African lads I'm sure would love to have one in South Africa; you've got all of Asia and India. “There's just so many opportunities, and I think places - like Cam said - that haven't seen world-class golf for a long time, I think that's where there's huge opportunities.
Posted on 4/26/24 at 8:07 am to GeauxTigers123
quote:
Did the PGA played used to play more overseas?
WGCs & World Cup of Golf (team competition) used to play in Spain, Australia, China, etc
Posted on 4/26/24 at 9:38 am to JimTiger72
The problem is WGCs were a net loss from a revenue standpoint. When running a business you can’t sustain net losses. PIF doesn’t have to worry about actually making money though
This post was edited on 4/26/24 at 9:38 am
Posted on 4/26/24 at 9:51 am to lsupride87
Singapore is paying LIV Golf to play there next week. Maybe PGA Tour was just bad at business
Posted on 4/26/24 at 10:20 am to JimTiger72
No. They can pay them that’s great. Between the purses and logistics LIV is taking an absolute bath even in Adelaide
This post was edited on 4/26/24 at 10:21 am
Posted on 4/26/24 at 10:34 am to lsupride87
You have no facts, you’re just saying what you “think” is happening.
Posted on 4/26/24 at 10:59 am to JimTiger72
quote:
You have no facts, you’re just saying what you “think” is happening.
Well we know the purse is $20 million. We also know there are guaranteed contractual payouts to a huge chunk of the big players, some with massive contracts like Rahm, DJ, Phil, Brooks, etc. Then there's the cost of putting on the tournament. The PGA has already said that they lose money on their elevated events with the massive purses, so I think it would be fair to assume that with far fewer corporate sponsors and media rights on LIV that they would lose considerably more than the PGA does. But profit margins aren't of primary concern to LIV/PIF and won't determine whether they consider this event a success
Posted on 4/26/24 at 10:59 am to JimTiger72
quote:Dude you can look up just how hard it is to make money playing global events for golf. It’s all out there. Or you can actually talk to one of our posters that puts these type of events on
You have no facts, you’re just saying what you “think” is happening.
quote:
By far the biggest problem is that there are vanishingly few sponsors outside the U.S. who will put up the kind of sponsorship dollars required to host $15 - 20+M professional golf event every year outside the U.S. It's not like this is the first, second, or tenth iteration of this idea; it's just that LIV has sponsors that, to date, have not cared one shite about actually making money.
The way to get around it is to make it more worth their while (a la Formula 1), but that takes time.
In other words, look at even what is likely a relatively "successful" event in LIV term at Adelaide: that tournament is still going to be a gigantic money loser for the organization. $25M purse + $5 - 10M in operating expenses + approximately $20 - 30M allocated annualized "Capex" in player acquisition fees. That tournament isn't sniffing $20M in revenue both on site and TV included.
Posted on 4/26/24 at 11:10 am to lsupride87
quote:
By far the biggest problem is that there are vanishingly few sponsors outside the U.S. who will put up the kind of sponsorship dollars required to host $15 - 20+M professional golf event every year outside the U.S.
Singapore tourism is paying LIV “tens of millions” to play there
Posted on 4/26/24 at 11:22 am to JimTiger72
quote:According to Phil on the Pat Mcafe show……Not a single public release on the actual dollars invested. Why not?
Singapore tourism is paying LIV “tens of millions” to play there
Posted on 4/26/24 at 11:55 am to JimTiger72
I can see LIV adding additional events in Australia, New Zealand, Argentina, Canada, Brazil, and Greece which will are ripe for an event like this.
Posted on 4/26/24 at 1:06 pm to MrLSU
quote:
can see LIV adding additional events in Australia, New Zealand, Argentina, Canada, Brazil, and Greece which will are ripe for an event like this.
That would be fantastic to have different countries’ national championships. That would create tradition and infuse some life into the tournaments.
It would be even better if LIV and DP World Tour merged to allow ALL golfers to play in these events so some of the PGAT Europeans like Aberg and Rory to join. You change nothing about the format or qualifying. That way you create the strongest fields possible for LIV golfers (or whiners like Gooch) to prove themselves and get the best chance to qualify for majors.
If PGAT prevents their players from participating in qualification for these tournaments, you sue them to high heaven
Posted on 4/26/24 at 1:16 pm to OKtiger
I would be willing to bet that the DPWT and Asian Tour Merge at the end of 2024 now that the DPWT has a new President.
Posted on 4/26/24 at 1:16 pm to OKtiger
quote:A membership organization can’t be sued for having determinations of membership outside of protected classes
If PGAT prevents their players from participating in qualification for these tournaments, you sue them to high heaven
Posted on 4/26/24 at 1:19 pm to lsupride87
The whole point of the “framework agreement” between PGA/PIF was to put an end to the legal battle. They will figure something out eventually for the good of professional golf
Posted on 4/26/24 at 1:23 pm to JimTiger72
I think PGA tour and PIF will do something. I’m not sure where LIV comes out in that though. PIF seems to be viewing the PGA deal completely separate from what they have with LIV
Greg Norman even recently said as such
Greg Norman even recently said as such
This post was edited on 4/26/24 at 1:24 pm
Posted on 4/26/24 at 1:32 pm to lsupride87
quote:
think PGA tour and PIF will do something. I’m not sure where LIV comes out in that though. PIF seems to be viewing the PGA deal completely separate from what they have with LIV
They may.. if they’re smart, they should be forming an alliance with the DPWT to lean into the international/European golf circuit.
LIV will likely remain an exclusive, invitation only, standalone golf league that won’t receive OWGR points
Posted on 4/26/24 at 2:21 pm to OKtiger
Anytime is see Taylor Gooch’s names mentioned in conjunction with LIV I feel like it is tongue-in-cheek. Is he taken seriously?
Posted on 4/26/24 at 4:52 pm to OKtiger
quote:
LIV will likely remain an exclusive, invitation only, standalone golf league that won’t receive OWGR points
I just can’t see how this is sustainable. At some point LIV will have to conform to get OWGR points.
Guys aren’t going to play over there if they can’t get into majors.
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