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LIV Golf will broadcast on FS1

Posted on 9/28/22 at 8:15 am
Posted by The Pirate King
Pangu
Member since May 2014
57704 posts
Posted on 9/28/22 at 8:15 am
LINK

quote:

LIV Golf is nearing a deal to purchase air time for its tournaments on U.S. cable television, multiple sources have told Golfweek. The potential agreement — which is still being finalized — is with Fox Sports 1.


And for some perspective for the detractors:

LINK

quote:

For historical perspective, the Ryder Cup was a "time buy" on ABC until 1989 when USA Network paid $250K for broadcast rights. After that week, NBC paid millions for the next 5 cup matches. Everything has to start somewhere.

Posted by Bawpaw
Member since May 2021
932 posts
Posted on 9/28/22 at 8:18 am to
Only golf broadcast worse than NBC is Fox.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/28/22 at 8:23 am to
quote:

Only golf broadcast worse than NBC is Fox.


USGA events on Fox the last 2 years they had them were great.

They were awful at Chambers Bay though
This post was edited on 9/28/22 at 8:24 am
Posted by Billy Mays
Member since Jan 2009
25283 posts
Posted on 9/28/22 at 8:27 am to
Shocking that it's Fox

FWIW this is good news.
Posted by The Pirate King
Pangu
Member since May 2014
57704 posts
Posted on 9/28/22 at 8:29 am to
quote:

FWIW this is good news


Absolutely. Being on an actual sports network is better than being stuck on Hallmark or something.
Posted by bopper50
Sugarland Texas
Member since Mar 2009
9143 posts
Posted on 9/28/22 at 8:43 am to
Maybe they will bring back that skank Holly Sonders...
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30120 posts
Posted on 9/28/22 at 9:20 am to
The boomers will not be happy about this.
Posted by MeanStreak
Member since Nov 2015
295 posts
Posted on 9/28/22 at 10:20 am to
quote:


And for some perspective for the detractors:


quote:
For historical perspective, the Ryder Cup was a "time buy" on ABC until 1989 when USA Network paid $250K for broadcast rights. After that week, NBC paid millions for the next 5 cup matches. Everything has to start somewhere.


I don't know if I would compare having to buy time in a content soaked 2022 to doing so in 1989. Networks are dying for content and you cant sell a golf tournament?

Also they will have to continue to pay and produce the events, along with selling their own ad time. They are basically agreeing to the same model infomercials get.
Posted by hehateme2285
Katy, TX
Member since Dec 2007
5131 posts
Posted on 9/28/22 at 10:34 am to
quote:

For historical perspective, the Ryder Cup was a "time buy" on ABC until 1989 when USA Network paid $250K for broadcast rights. After that week, NBC paid millions for the next 5 cup matches. Everything has to start somewhere.


The NBA Finals were also shown on tape delay.

Comparing live sports rights when there were 5 channels vs today is ridiculous. Live sports rights are the hottest thing going right now. Them basically having an infomercial for their product is not an ideal situation.
Posted by bopper50
Sugarland Texas
Member since Mar 2009
9143 posts
Posted on 9/28/22 at 10:42 am to
quote:

The boomers will not be happy about this.



Nah, it will be like CNN, nobody watches it.

I always said LIV has the right to exist. But they need to build their own product and forget trying to sue and get even with the Tour.

The World ranking and the Majors are their own entities and they will decide to allow LIV Players or not.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
8851 posts
Posted on 9/28/22 at 10:57 am to
quote:

The NBA Finals were also shown on tape delay.

Comparing live sports rights when there were 5 channels vs today is ridiculous. Live sports rights are the hottest thing going right now. Them basically having an infomercial for their product is not an ideal situation.


Yep, this is a whole different set of circumstances for LIV than it was back in 1989. The fact they couldn't get any network to give them a deal is surprising. They have to pay to be on the network and produce their own tournament. I would figure they would just stay on YouTube for a few years to let it build that way and then maybe by then a network would come calling.

If LIV didn't have a pile of money to burn, they would have folded already.
Posted by lsupride87
Member since Dec 2007
95344 posts
Posted on 9/28/22 at 12:27 pm to
Wait

LIV is paying FS1?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/28/22 at 12:29 pm to
quote:

If LIV didn't have a pile of money to burn, they would have folded already


Well yeah, that's kind of how startups work
Posted by lsupride87
Member since Dec 2007
95344 posts
Posted on 9/28/22 at 12:31 pm to
Most startups don’t require BILLIONS to keep being burned. This situation is almost entirely unique
This post was edited on 9/28/22 at 12:33 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/28/22 at 12:36 pm to
quote:

Most startups don’t require BILLIONS to keep being burned.


Yes they do. A couple billion really isn't that much. Look at every tech company in the last 20 years
Posted by lsupride87
Member since Dec 2007
95344 posts
Posted on 9/28/22 at 12:41 pm to
So you think MOST startups require billions in dollars to be spent?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/28/22 at 12:45 pm to
quote:

So you think MOST startups require billions in dollars to be spent?


Depends how you define startup, but yes, absolutely, it's not up for debate. Several billion usually.

Any operation as big as LIV is going to raise and spend billions of dollars
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
12470 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.
Posted by lsupride87
Member since Dec 2007
95344 posts
Posted on 9/28/22 at 12:53 pm to
So those examples were 100s of millions needed over multiple years.

Not BILLIONs needed in the first year
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