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re: Can someone summarize the LIV, PGA and Mickelson drama for me?

Posted on 6/10/22 at 7:55 am to
Posted by lsupride87
Member since Dec 2007
108572 posts
Posted on 6/10/22 at 7:55 am to
quote:

What is the real overhead for the PGA?
Getting a golf course ready for a pro tournament is EXPENSIVE AS frick

Some as high as 10-15 million to “restore and rent” a course for a tournament
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37122 posts
Posted on 6/10/22 at 8:00 am to
quote:

What is the real overhead for the PGA?


quote:

Getting a golf course ready for a pro tournament is EXPENSIVE AS frick


Good thing that's not the Tour's money. Another inaccuracy by you. We've got to be approaching 50 at this point
Posted by H-Town Tiger
Member since Nov 2003
60798 posts
Posted on 6/10/22 at 8:04 am to
quote:

America does/did bad things


I don’t care about golfers playing in a Saudi backed tour or whatever but this type of moral equivalence is stupid. For whatever flaws the US/West in general may have our society is based on freedom and individual Liberty. People who whine about “authoritarianism” or a “war on women” here should go live in SA or China for a time and see.
Posted by boosiebadazz
Member since Feb 2008
84544 posts
Posted on 6/10/22 at 8:07 am to
quote:

Getting a golf course ready for a pro tournament is EXPENSIVE AS frick

Some as high as 10-15 million to “restore and rent” a course for a tournament


I didn’t think of that expense. But 45% of 1.5B is still $675 million. That’s 45 renovations at $15 million a piece. That’s not happening.

I think a little transparency from the Tour would go a long way. The owners demand it in the team sports. Where’s that mechanism for the Tour?
Posted by FredBear
Georgia
Member since Aug 2017
16962 posts
Posted on 6/10/22 at 8:11 am to
quote:

People who whine about “authoritarianism” or a “war on women” here should go live in SA or China for a time and see.




I don't disagree with this at all but I'd be willing to bet that many of the same people who are bitching about the players taking the money would do the exact fricking thing if they were offered a massive increase in pay for doing the exact same job they are doing now.

For the record I mean people in general, not just people on this particular board
Posted by lsupride87
Member since Dec 2007
108572 posts
Posted on 6/10/22 at 8:30 am to


quote:

Good thing that's not the Tour's money. Another inaccuracy by you. We've got to be approaching 50 at this point


quote:

Money for hosting an event ranges widely. If you’re talking about a U.S. Open, the amount the USGA pays in facility fees is substantial — north of $2 million when it “rents” a club. But clubs also share in the event’s revenue and receive additional funds to prepare and restore its course. In the past decade, Erin Hills’ total take was on the low end: $3.9 million. Oakmont was at the top end with $9.3 million, a third of it from merch sales alone. PGA Tour fees vary more. Consider the courses on California’s Monterey Peninsula. Pebble Beach can command $2 million for tournament week,

The Saudis paying you to lie?

Mingo El Sawey
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 6/10/22 at 8:37 am to
quote:

I’d be curious to see what the PGA uses their 45% on. In the other leagues, that percentage is split by 30 owners who then use it to pay an entire organization built up around the players. What is the real overhead for the PGA?


Running the business, more or less.

Marketing, digital ops (an increasingly large chunk), event management, etc etc.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37122 posts
Posted on 6/10/22 at 8:42 am to
quote:

The Saudis paying you to lie?

Mingo El Sawey



So nowhere near $15 million, got it
Posted by BBONDS25
Member since Mar 2008
57100 posts
Posted on 6/10/22 at 8:44 am to
quote:

Scared to answer? Be careful genius, my best man had PGA card for 10 yrs.


They get a direct deposit the Wednesday following the tournament.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37122 posts
Posted on 6/10/22 at 8:44 am to
quote:

Running the business, more or less.

Marketing, digital ops (an increasingly large chunk), event management, etc etc.


They have hundreds of employees, an app that doesn't work, and bots that write their comm articles.

That's one of the most legit gripes by the players. It's a totally bloated organization chalked full of waste
Posted by BBONDS25
Member since Mar 2008
57100 posts
Posted on 6/10/22 at 8:44 am to
quote:

Do you know the expenses of running the PGA Tour?


More or less than running the NFL?
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
86079 posts
Posted on 6/10/22 at 8:50 am to
quote:

I don’t care about golfers playing in a Saudi backed tour or whatever but this type of moral equivalence is stupid. For whatever flaws the US/West in general may have our society is based on freedom and individual Liberty. People who whine about “authoritarianism” or a “war on women” here should go live in SA or China for a time and see.



I agree with this, but there are other levels. Like the fact that every prestigious university in the United States has taken tons of Saudi money, most politicians have benefitted from Saudi money in one way or the other, most major American corporations do business with KSA or China, etc. The PGA Tour has never drawn any bright lines on KSA/China/etc., so for them and Brandel to make this about human rights is silly.

As I'm sure you recognize, Saudi money has flooded every industry and corner of America for 30+ years, so I just find those concern trolling about this to be eyeroll-inducing. Honestly, a more simplistic patriotic pitch of "Americans abandoning the home tour/league are shameful" would be more effective IMO.

Posted by boosiebadazz
Member since Feb 2008
84544 posts
Posted on 6/10/22 at 9:00 am to
I’ve also been laughing at that.

We’ll feign outrage when you murder and dismember a dissident in your consulate (as a matter of fact, here are more weapons to fight in Yemen!), but you don’t dare try to engender goodwill by sponsoring golf tournaments. That is sportswashing, you tyrant, and it is unacceptable and we will not stand for it!
This post was edited on 6/10/22 at 9:01 am
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9537 posts
Posted on 6/10/22 at 9:25 am to
quote:

That's one of the most legit gripes by the players. It's a totally bloated organization chalked full of waste


Even if it was run at 100% efficiency, which no big organization will ever get to, the PGA still couldn't come close to matching the pay of the LIV. Players would still defect.

Also funny that you don't hold other big sports organizations to the same standards either. There is probably a lot of waste in all of them. It comes with the territory.
This post was edited on 6/10/22 at 9:27 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37122 posts
Posted on 6/10/22 at 9:31 am to
quote:

Even if it was run at 100% efficiency, which no big organization will ever get to, the PGA still couldn't come close to matching the pay of the LIV.


Of course.

quote:

Players would still defect.


Im not sure this league would have ever gotten any real steam had the Tour been proactive instead of whiny and reactive. But we're all just guessing on that. People with a shitload of money have been trying to do something like this for nearly 40 years.

quote:

Also funny that you don't hold other big sports organizations to the same standards either


At least if I go to NFL.com it works.

And those other sports are collectively bargained so it's not the same at all.
This post was edited on 6/10/22 at 9:31 am
Posted by baldona
Florida
Member since Feb 2016
23419 posts
Posted on 6/10/22 at 9:36 am to
quote:

Even if it was run at 100% efficiency, which no big organization will ever get to, the PGA still couldn't come close to matching the pay of the LIV. Players would still defect.


Is anyone expecting the LIV pay to long term be this? My understanding was the insane current amounts are just first time amounts to incentivize the players to jump. It had to be so great, they would do it.

I don't think its realistic for the LIV to keep the same current pay, or for the PGA tour to match it.

Part of the reason the players like Phil and DJ are doing this is not just the current pay from the LIV, but to get more bargaining power to deal with the PGA.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9537 posts
Posted on 6/10/22 at 9:42 am to
quote:

More or less than running the NFL?


So you don't know, got it.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9537 posts
Posted on 6/10/22 at 9:44 am to
quote:

Part of the reason the players like Phil and DJ are doing this is not just the current pay from the LIV, but to get more bargaining power to deal with the PGA.


OMG, you said that with a straight face?
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 6/10/22 at 9:48 am to
quote:

quote:
Running the business, more or less.

Marketing, digital ops (an increasingly large chunk), event management, etc etc.


They have hundreds of employees, an app that doesn't work, and bots that write their comm articles.

That's one of the most legit gripes by the players. It's a totally bloated organization chalked full of waste


I mean, sure, the organization could be leaner and better ran, but players are kidding themselves if they think there are hundreds of millions of dollars in EBITDA there for the taking. That's not how these orgs work, and in fact, if they want better digital products, then guess what that takes? Investment. If they want better marketing to expand audiences, then guess what that takes? Investment.

But then again, this merry band is being led by a fool who thought there were $20B in digital assets just sitting there (hint: the NFL doesn't even have anywhere near that), has the business sense of a 5 year old, and should have spent time in prison for insider trading.
Posted by jb4
Member since Apr 2013
13701 posts
Posted on 6/10/22 at 9:51 am to
Do people actually watch golf on TV other than the majors
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