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Message
re: Tiger, McIlroy Leading Effort to Create PGA Tour Circuit With $20 Million Purses
Posted on 8/22/22 at 1:38 pm to hehateme2285
Posted on 8/22/22 at 1:38 pm to hehateme2285
quote:
This wasn't even discussed at the meeting and is not happening.
A few details, by design, have emerged from the meeting but two sources who each spoke to a player who attended the meeting at the Hotel du Pont told Sports Illustrated that the concept was among many items discussed and would potentially be brought to PGA Tour commissioner Jay Monahan and Tour executives.
The FirePit Collective also reported the 18-touranment concept as a “tour-within-a-tour’’ and the possibility that the PGA Tour, which is designated as a 501c-6, could renounce its non-profit status.
I just report the news, I don't tell them what to say.
0
Posted on 8/22/22 at 1:55 pm to hehateme2285
quote:
Taking existing events, with existing history, having the best players there
This would still happen for the events people cared about if the Tour hadn't banned LIV players
Posted on 8/24/22 at 9:18 am to bamameister
Just like I figured. Shipnuck spun that circuit thing for clicks. PGA tour announced it today.
Posted on 8/24/22 at 9:34 am to BallChamp00
What did they announce?
I saw monahan said LIV players will not be able to rejoin the PGA tour new look, but haven’t seen anyone elaborate on what the new look is.
I saw monahan said LIV players will not be able to rejoin the PGA tour new look, but haven’t seen anyone elaborate on what the new look is.
Posted on 8/24/22 at 9:40 am to Swagga
The top players committed to 20 events. 8 events will have much larger purses.
Korn ferry members guaranteed 500k per season.
And night golf on Monday night with 18 players playing 18 holes in 2 hours. Tiger and Rory thing.
Korn ferry members guaranteed 500k per season.
And night golf on Monday night with 18 players playing 18 holes in 2 hours. Tiger and Rory thing.
This post was edited on 8/24/22 at 9:43 am
Posted on 8/24/22 at 9:40 am to Swagga
4 more elevated events with $20 MM purse. PIP from 10 to 20 and to $100 MM and it looks like if you make the PIP you are exempt. So Rickie could be exempt even though he isn't playing well enough to retain status (still unclear based on Monahan's comments). And if you reach thr Tour Championship 2 year exemption.
Also, 500k garaunteed as advance on earnings. So if you make less than $500k they give you the difference. $5k/week for missed cuts. Rookies can take the $500k as an advance.
Also, 500k garaunteed as advance on earnings. So if you make less than $500k they give you the difference. $5k/week for missed cuts. Rookies can take the $500k as an advance.
This post was edited on 8/24/22 at 9:42 am
Posted on 8/24/22 at 9:46 am to Mingo Was His NameO
Damn that’s awesome about the 500k.
Maybe the Zurich becomes an elevated event. A man can dream.
Maybe the Zurich becomes an elevated event. A man can dream.
Posted on 8/24/22 at 9:51 am to Swagga
quote:
Damn that’s awesome about the 500k.
Can't wait to hear what the Tour blowhards have to say about it. They seem to love the idea of guys losing money. Something, something meritocracy
This post was edited on 8/24/22 at 9:53 am
Posted on 8/24/22 at 10:15 am to Mingo Was His NameO
quote:
Can't wait to hear what the Tour blowhards have to say about it. They seem to love the idea of guys losing money. Something, something meritocracy
I'm good with it, still plenty of incentive to want to make the Tour and stay on the Tour.
Posted on 8/24/22 at 10:17 am to RedHawk
quote:
I'm good with it, still plenty of incentive to want to make the Tour and stay on the Tour.
Guys now get to stay on the Tour for being in Rocket Mortgage commercials too.
And I don't care, it's an entertainment product, but it completely eliminates the meritocracy talking point about LIV
Posted on 8/24/22 at 10:35 am to Mingo Was His NameO
Maybe, I guess, but you still have to earn your way into the Tour. Plus, if you are playing 15 events and an exempt player I would think you would be hitting the $500k earnings mark. I think it's there more for rookies to make life easier on them so they can focus on golf.
Posted on 8/24/22 at 10:38 am to SoDakHawk
As for the LIV guys not being allowed back, I think Jay had to answer the question that way for legal reasons. If he put it out that LIV guys should break their contracts and come back to the Tour LIV would have some grounds to sue on tortious interference.
Sounds like he's being bitter but it's probably prudent to avoid lawsuits from LIV.
Sounds like he's being bitter but it's probably prudent to avoid lawsuits from LIV.
Posted on 8/24/22 at 10:43 am to SoDakHawk
quote:
Maybe, I guess, but you still have to earn your way into the Tour. Plus, if you are playing 15 events and an exempt player I would think you would be hitting the $500k earnings mark. I think it's there more for rookies to make life easier on them so they can focus on golf.
If you are fully exempt, you get the $500. For example, Martin Trainer won Puerto Rico on 2019 and could barely make a cut after. He would still be fully exempt for 2 years because of the win. He would get the $500k going forward.
Posted on 8/24/22 at 11:45 am to SoDakHawk
quote:
Sounds like he's being bitter but it's probably prudent to avoid lawsuits from LIV.
Exactly.
He said that LIV Players made their decision and the Tour made theirs.
He also said that the Tour is in the middle of a lawsuit and can't comment further.
PGA Tour drops a MOAB on LIV and the world rankings.
Posted on 8/24/22 at 12:40 pm to bopper50
Competition is a beautiful thing. The PGA was hoarding all that money and the best players in the world were taking crumbs off the banquet table.
Monahan has miscalculated every step of the way when it comes to what players want most and all this bully ball. For future reference, it's always about the money.
Monahan has miscalculated every step of the way when it comes to what players want most and all this bully ball. For future reference, it's always about the money.
Posted on 8/24/22 at 12:43 pm to bamameister
quote:
For future reference, it's always about the money.
Of course.
And at the end of the day, we pretty much got 72 hole LIV tournaments on the Tour out of this whole charade. The top players in the world are going to play the same 20 events and they'll play none to very few outside of that. Which I'm totally fine with.
But the Tour has turned into almost exactly what a bunch of people on this board have been bitching about. It's now a have and have not Tour with pretty much 10 what I call 10 wild card spots to get into the big events.
Posted on 8/24/22 at 12:46 pm to bamameister
quote:
Tiger, McIlroy Leading Effort to Create PGA Tour Circuit With $20 Million Purses by bamameister
Phil created. Phil says your welcome bitches.
Posted on 8/24/22 at 12:52 pm to Mingo Was His NameO
quote:
Of course.
And at the end of the day, we pretty much got 72 hole LIV tournaments on the Tour out of this whole charade. The top players in the world are going to play the same 20 events and they'll play none to very few outside of that. Which I'm totally fine with.
But the Tour has turned into almost exactly what a bunch of people on this board have been bitching about. It's now a have and have not Tour with pretty much 10 what I call 10 wild card spots to get into the big events.
Wasn't the PGA pretty much always a have and have-not tour? The rich were getting richer at the very top and the poor had to pay for their way home after events. Looks like the lower-end guys at least have pocket money now.
As far as conceding to the player's demands, will it stop the exodus to LIV? That will be interesting. The playoffs are over this weekend and it will be most interesting who is on the move.
Posted on 8/24/22 at 12:59 pm to bamameister
quote:
Wasn't the PGA pretty much always a have and have-not tour? The rich were getting richer at the very top and the poor had to pay for their way home after events. Looks like the lower-end guys at least have pocket money now.
On course, not really. It's gone from big event purses being like 2x small event purses to like 6-7x in just a couple of years. The Genesis invitational paid out a little over 2MM to the winner and the John Deere paid about $1.25 MM.
Now, the top 60 players will be playing for $20 MM a week and the others will be playing for $7 MM a week with bigger fields. These changes really seperate the on course earning potential for the Top 10 compared to 100-125, which wasn't really the case before.
Posted on 8/24/22 at 1:00 pm to bamameister
quote:
For future reference, it's always about the money.
Yes, but on the flipside the Tour itself has to stay financially healthy.
It was mentioned in the press conference by a reporter to Jay was that Covid in 2020 put a huge strain on the Tour's financial reserves and it was huge that they had reserved cash to weather that period.
It's still a business that requires a lot of infrastructure and logistics. Tournaments just don't happen by themselves.
Through out these discussions I have always said that the Players own the Tour and it’s up to them to enact change.
Did LIV accelerate the changes, absolutely. It's also important that the players loyalty to their tour should be rewarded.
Not sure how I feel about this PIP Program, I can see potential problems and grumbling, tweaking will certainly happen as it evolves.
As a fan, it's important to me that the Tours history abd recoreds will be protected .
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