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Started By
Message
Rory's take
Posted on 6/7/23 at 10:39 am
Posted on 6/7/23 at 10:39 am
Daily Mail
Review:
1. Still hates LIV Golf and wants it to go away
2. Feels like a "sacrificial lamb"
3. Knew there were talks going on but surprised at the speed of them
4. Thinks the DP World Tour winning in court in the UK was the final catalyst to get the PIF to the table
5. Says that if he "removes himself" from the sitution and looks at it, this will be good for golf in the long run
6. Acknowledges that the Saudis aren't going away, so if they want to spend money on golf, then its better to do it together.
7. Thinks that a large part of player anger comes from guys worried that they will lose their cards because there will be fewer cards available after the merger.
8. Thinks there still need to be some consequences for guys who left the PGA Tour. Said that Jay made that point in the meeting.
Review:
1. Still hates LIV Golf and wants it to go away
2. Feels like a "sacrificial lamb"
3. Knew there were talks going on but surprised at the speed of them
4. Thinks the DP World Tour winning in court in the UK was the final catalyst to get the PIF to the table
5. Says that if he "removes himself" from the sitution and looks at it, this will be good for golf in the long run
6. Acknowledges that the Saudis aren't going away, so if they want to spend money on golf, then its better to do it together.
7. Thinks that a large part of player anger comes from guys worried that they will lose their cards because there will be fewer cards available after the merger.
8. Thinks there still need to be some consequences for guys who left the PGA Tour. Said that Jay made that point in the meeting.
10
Posted on 6/7/23 at 10:41 am to bstaceyau19
quote:This part was hilarious. PIF was trying to broker a deal as early as April 2021. It was the PGA who finally started coming around to realizing they couldn’t handle LIV players winning championships and sponsors wondering why those players can’t play in their tournaments.
4. Thinks the DP World Tour winning in court in the UK was the final catalyst to get the PIF to the table
ETA:
quote:
Monahan. He turned the battle with LIV into one of legacy, and then morality. Neither argument kept his players from defecting. Then, despite admitting the Tour could never compete dollar for dollar with the PIF, he tried to do exactly that. LIV was always going to win a war of attrition—anybody could see that. The Saudis reached out to Monahan in April 2021, hoping to partner with the Tour. Monahan wouldn’t take the meeting. He could have co-opted them then with minimal disruption to his business. Instead he chose to fight, and now the Tour as we knew it is no more. One fired-up player agent texted this to me on Tuesday afternoon: “The facts are this: Jay grossly misjudged the resources and fortitude of the PIF and did nothing proactive to make the tour less vulnerable to a competitive offering. Upon realizing that the PIF would finance LIV with huge economic incentives, Jay’s solution was to restructure the tour schedule and purses but he failed to ensure that such changes were economically viable. The marketplace answered that question definitively as sponsors were lining up to get out of their deals. The suggestion that the tour’s outlook was bright was wishful thinking at best. With Koepka’s win at the PGA Championship, the PGA Tour’s ultimate plan of ‘waiting them out’ as washed-up diminishing assets became more of a dream than a strategic plan to combat an existential threat. Jay has proven to be grossly unqualified, unprepared and incapable of providing the true leadership that the PGA Tour players deserved through this process. He mixed his ego with his ignorance. As a result of this, the PGA Tour is now essentially an asset of the Saudi Public Investment Fund. Well done Jay!”
This post was edited on 6/7/23 at 10:42 am
Posted on 6/7/23 at 10:43 am to ell_13
So the PGA’s potential court battle was a huge piece of this, but the PIF losing in court played no part
Got it
No chance that both sides didn’t want to be in court?
Got it
No chance that both sides didn’t want to be in court?
Posted on 6/7/23 at 10:46 am to lsupride87
quote:
No chance that both sides didn’t want to be in court?
all the pundits keep mentioning this, saying discovery was going to be bad for both sides. I wonder what they were worried about.
Posted on 6/7/23 at 10:46 am to lsupride87
quote:The DP battle was simply about the players paying fines. It meant nothing to the overall war of attrition. Literally no one has mentioned that court case as a reason for this deal taking place except for Rory today. It sounds like he was lied to as for the reasoning that Jay wanted to start talks. Every other person who has commented has said that the PGA had to make a move. The PIF had the upper hand.
So the PGA’s potential court battle was a huge piece of this, but the PIF losing in court played no part Got it No chance that both sides didn’t want to be in court?
Posted on 6/7/23 at 10:53 am to tigerinthebueche
quote:Any lawyer will tell you going to court is a crapshoot.
all the pundits keep mentioning this, saying discovery was going to be bad for both sides. I wonder what they were worried about.
Posted on 6/7/23 at 10:55 am to lsupride87
quote:
Any lawyer will tell you going to court is a crapshoot.
Wow, this isn’t true. Perhaps you mean to a jury.
Posted on 6/7/23 at 10:57 am to bstaceyau19
One part you missed was the Rory really didn’t like that people have described this as the PGA merging with LIV. He wants people to understand that LIV and the PIF are completely different entities. It’s how he’s rationalizing his hatred for one and accepting money from the other. And he wants everyone else to rationalize it that way as well. Kinda feel bad for him.
Posted on 6/7/23 at 10:57 am to theone
quote:for a jury, yes that too. For antitrust situations, also true
Wow, this isn’t true. Perhaps you mean to a jury.
There is no way the PGA should have ever “won” their original antitrust case from the Norman days, but they did
Posted on 6/7/23 at 10:59 am to ell_13
quote:Well considering there wasn’t a single LIv representative in the negotiations, wouldn’t that seem true? Try not to get angry or sarcastic when answering
. He wants people to understand that LIV and the PIF are completely different entities.
Posted on 6/7/23 at 10:59 am to tigerinthebueche
quote:
I wonder what they were worried about.
Hmmm...I'm guessing any entity as big as the PGA Tour and especially the PIF have a ton of skeletons they don't want to be made public. That goes for any large corporation.
Posted on 6/7/23 at 11:00 am to ell_13
quote:
He wants people to understand that LIV and the PIF are completely different entities.
They are completely different. The PIF did this deal with the people who run the PGA and DP World Tour. The people who run LIV Golf were not part of the discussions and found out the same time we did. That's something that way too many people in the media are missing.
Posted on 6/7/23 at 11:02 am to ell_13
quote:
Kinda feel bad for him.
You should. I am sure he is dying to switch places with you.
Posted on 6/7/23 at 11:02 am to bstaceyau19
The leader of the DP tour was in the negotiations
The leader of the PIF was in negotiations
The leader of the PGA was in negotiations
Then leader of LIv was in the dark
I’m not sure why some don’t want to just admit LIV wasn’t a part of this. That isn’t controversial. PIF is an organization that funds LIV. They chose not to include them.
The leader of the PIF was in negotiations
The leader of the PGA was in negotiations
Then leader of LIv was in the dark
I’m not sure why some don’t want to just admit LIV wasn’t a part of this. That isn’t controversial. PIF is an organization that funds LIV. They chose not to include them.
This post was edited on 6/7/23 at 11:04 am
Posted on 6/7/23 at 11:03 am to RedHawk
quote:
I wonder what they were worried about.
I don't think they are worried about anything. I think neither side had an interest in spending millions of dollars on attorneys when the case was probably going to take years and lead to the same place that a few weeks of talks led to.
Posted on 6/7/23 at 11:04 am to ell_13
quote:
One part you missed was the Rory really didn’t like that people have described this as the PGA merging with LIV. He wants people to understand that LIV and the PIF are completely different entities. It’s how he’s rationalizing his hatred for one and accepting money from the other. And he wants everyone else to rationalize it that way as well. Kinda feel bad for him.
There's meme waiting to be made there. Happy Bot/PGA-PIF vs Angry Bot/LIV-PIF. Clean money vs Blood money
Posted on 6/7/23 at 11:05 am to lsupride87
quote:What is your problem when it comes to this topic? You’re either in full melt or being a complete a-hole. PIF owns LIV. LIV currently still exists as part of this new entity. Even if LIV gets dissolved, it’s players and assets will likely be dissolved or merged into the PGA. Rory is rationalizing it as best he can like I said.
Try not to get angry or sarcastic when answering
Posted on 6/7/23 at 11:06 am to TDTOM
quote:Whats your point?
You should. I am sure he is dying to switch places with you.
Posted on 6/7/23 at 11:06 am to ell_13
I don’t think it’s rationalizing, it’s just the truth
The PIF, a funding source, made these negations with the PGA and did not include LIV. It’s not controversial
There are many entities that are funded by the same source of funds that are run separately. That isn’t a unique thing
The PIF, a funding source, made these negations with the PGA and did not include LIV. It’s not controversial
There are many entities that are funded by the same source of funds that are run separately. That isn’t a unique thing
This post was edited on 6/7/23 at 11:08 am
Posted on 6/7/23 at 11:10 am to theone
quote:
Wow, this isn’t true. Perhaps you mean to a jury.
No. He is right. You never know what will happen in court.
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