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re: PGA Tour players meeting tomorrow regarding LIV

Posted on 8/16/22 at 8:30 am to
Posted by BallChamp00
Member since May 2015
7567 posts
Posted on 8/16/22 at 8:30 am to
quote:

Then why is Tiger meeting with top golfers today? And Jay Monahan tomorrow is holding another midnight vigilance for the players. Maybe they just want to say hi?


To discuss how to keep the better players with the pga instead of going to LIV. Could be more money. Could be making LIV an exhibition league.
This post was edited on 8/16/22 at 8:31 am
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9655 posts
Posted on 8/16/22 at 8:31 am to
quote:

Then why is Tiger meeting with top golfers today? And Jay Monahan tomorrow is holding another midnight vigilance for the players. Maybe they just want to say hi?

Or maybe it is about the money. Imagine that?


Its a pulling out all the stops kind of meeting. The PGA Tour can't compete with the money that LIV is throwing around so they are clinging to the idea that they can keep players because of tradition and majors. I think it is a losing battle, but they have to at least try everything they can at this point.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14583 posts
Posted on 8/16/22 at 8:31 am to
quote:

You have no idea if that is true or not

They literally report their financial data every year and it can be found with a couple of mouse clicks.
Posted by BallChamp00
Member since May 2015
7567 posts
Posted on 8/16/22 at 8:33 am to
You get it where LIV will never receive owgr points, therefore no way to play in a major and try to get manufacturing companies to pull all sponsorships and that does something.
Posted by bamameister
Right here, right now
Member since May 2016
17202 posts
Posted on 8/16/22 at 8:40 am to
quote:

Its a pulling out all the stops kind of meeting. The PGA Tour can't compete with the money that LIV is throwing around so they are clinging to the idea that they can keep players because of tradition and majors. I think it is a losing battle, but they have to at least try everything they can at this point.




That's all I'm writing about here. Jay and Tiger better hurry up and reinvent the wheel. And the conversation better get past tradition and loyalty in a hurry.
Posted by bamameister
Right here, right now
Member since May 2016
17202 posts
Posted on 8/16/22 at 9:12 am to
quote:

You get it where LIV will never receive owgr points, therefore no way to play in a major and try to get manufacturing companies to pull all sponsorships and that does something.




You do get that is what the DOJ is investigating and what is contained in the antitrust lawsuit?
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 8/16/22 at 9:17 am to
quote:

You do get that is what the DOJ is investigating and what is contained in the antitrust lawsuit?




They are investigating and suing before their application has been declined? Strange.

They have a long way to go before they meet the criteria to get OWGR points.
This post was edited on 8/16/22 at 9:20 am
Posted by Swagga
504
Member since Dec 2009
19241 posts
Posted on 8/16/22 at 9:22 am to
quote:

You get it where LIV will never receive owgr points, therefore no way to play in a major and try to get manufacturing companies to pull all sponsorships and that does something.



What is there currently to investigate?


ETA: this is what I was replying too: “You do get that is what the DOJ is investigating and what is contained in the antitrust lawsuit?”
This post was edited on 8/16/22 at 9:25 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/16/22 at 9:26 am to
quote:

They literally report their financial data every year and it can be found with a couple of mouse clicks.



And it's very clear you haven't looked at it and/or you don't understand it if you think anyone can tell what percentage of money they're holding on to from those filings
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/16/22 at 9:27 am to
quote:

They have a long way to go before they meet the criteria to get OWGR points.


Now tell us about the events that don't meet the same criteria that already get points
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14583 posts
Posted on 8/16/22 at 9:31 am to
quote:

And it's very clear you haven't looked at it and/or you don't understand it if you think anyone can tell what percentage of money they're holding on to from those filings

Ok. But we do know how much revenue they generate and it is not billions (plural). And we can assume that there is greater than $0 in expenses. So the ~$1.5B they generate is not all profit.

Therefore, your comment that he had “no idea” if this is true or not is just stupid. We all have a pretty good idea.
Posted by bamameister
Right here, right now
Member since May 2016
17202 posts
Posted on 8/16/22 at 9:31 am to
quote:

They are investigating and suing before their application has been declined? Strange.


Who are "they"? Do you know? The DOJ is not being prompted by LIV in this investigation. They were prompted to investigate of their own volition. Which on the surface would seem to have its own unique merit.


quote:

They have a long way to go before they meet the criteria to get OWGR points.



That's why we have courts and lots of lawyers making lots of money.
Posted by bamameister
Right here, right now
Member since May 2016
17202 posts
Posted on 8/16/22 at 9:35 am to
quote:

What is there currently to investigate?


Collusion.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/16/22 at 9:40 am to
quote:

Therefore, your comment that he had “no idea” if this is true or not is just stupid. We all have a pretty good idea.


There is quite literally no way he knows, unless he works for the Tour and even then it would be about a 10% chance he knows.

So you and he can guess, but you have no idea if you are right or not.
Posted by Shankapotamous
Member since Dec 2014
325 posts
Posted on 8/16/22 at 9:41 am to
Is the official WORLD golf rankings an American company? If not why would our justice department hold any sway over them?
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9655 posts
Posted on 8/16/22 at 9:45 am to
quote:

Is the official WORLD golf rankings an American company? If not why would our justice department hold any sway over them?


I'm guessing the LIV players are saying the PGA Tour is colluding with the OWGR to not allow them to receive OWGR points.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14583 posts
Posted on 8/16/22 at 9:48 am to
quote:

There is quite literally no way he knows, unless he works for the Tour and even then it would be about a 10% chance he knows.

So you and he can guess, but you have no idea if you are right or not.

The entire premise of his comment was that the tour was not generating billions (multiple, plural) and holding out, not that they are not holding out at all.

So yes, not only do we have an idea but we know for 100% certain that the tour is not sitting around with an extra $3B, $7B, $20B etc. because they literally post their revenue every year and it’s not close to that.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 8/16/22 at 9:48 am to
The tour doesn't need to collude with OWGR.
Posted by bamameister
Right here, right now
Member since May 2016
17202 posts
Posted on 8/16/22 at 9:51 am to
quote:

Is the official WORLD golf rankings an American company? If not why would our justice department hold any sway over them?


It would have to be in the context of the PGA collusion claim. The inquiry, according to player agents who have been contacted by DOJ officials, is focused on the PGA Tour's actions regarding the Official World Golf Ranking.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9655 posts
Posted on 8/16/22 at 10:00 am to
quote:

The tour doesn't need to collude with OWGR.


I agree.
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