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re: How is the LIV not bleeding money?

Posted on 6/29/25 at 3:09 pm to
Posted by LCLa
Member since Apr 2017
4371 posts
Posted on 6/29/25 at 3:09 pm to
Because the sponsors of liv treat money like we treat toilet paper
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
35784 posts
Posted on 6/29/25 at 3:10 pm to
quote:

I really like the course they’re playing on today


The old Jewish country club in Dallas. Place is hard AF
Posted by WhiteMandingo
Member since Jan 2016
7408 posts
Posted on 6/29/25 at 3:18 pm to
Saudi Oil money they dont give a shite about a profit they just want the clout
Posted by DrEdgeLSU
Baton Rouge, LA
Member since Dec 2006
8579 posts
Posted on 6/29/25 at 3:23 pm to
quote:

Yea nothing ever changes when you scale it. Ever.


What is your point?

What did I say that is incorrect?
Posted by Themicah86
Member since Jun 2023
2483 posts
Posted on 6/29/25 at 4:05 pm to
Most banks only secure money for 250k. Your saying it's beyond doubt that banks pay the exact same interest rate on 1 trillion dollars vs 250k? Any bank paying 40 million dollars a year seems wild. I'm not even saying your wrong but that seems like alot of fricking money and banks aren't into losing money
Posted by lsupride87
Member since Dec 2007
107798 posts
Posted on 6/29/25 at 4:07 pm to
quote:

Dallas event will have over 30k through the gates
That is horrific turnout

Zurich, a third tier bottom feeder event gets 115k

quote:

They might lose $3-$4 mil per tournament


Dude

LIv is bleeding far more than a measly 3-4 million tournament. Metric tons more if you factor in the guaranteed salaries on a per tournament basis

For example the purse alone at Dallas is 25 fricking million. A regular pga event would lose multi millions with that themselves man. Only the top dog events on the pga tour can handle that.

The memorial, which is a massive event only pays out 20 million
This post was edited on 6/29/25 at 4:19 pm
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
88393 posts
Posted on 6/29/25 at 4:43 pm to
Who is your average LIV fan?

That can’t be a solid person.
Posted by RemouladeSawce
Uranus
Member since Sep 2008
16622 posts
Posted on 6/29/25 at 4:46 pm to
quote:

Most banks only secure money for 250k. You’re saying it's beyond doubt that banks pay the exact same interest rate on 1 trillion dollars vs 250k? Any bank paying 40 million dollars a year seems wild. I'm not even saying your wrong but that seems like alot of fricking money and banks aren't into losing money
Bro you can say you don’t understand the banking operating model in far fewer words
This post was edited on 6/29/25 at 4:49 pm
Posted by MikeD
Baton Rouge
Member since Jan 2004
8081 posts
Posted on 6/29/25 at 5:10 pm to
Tourney still going on? Can’t find it on Fox, FS1, Fox Sports app, or YouTube
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
35784 posts
Posted on 6/29/25 at 5:11 pm to
quote:

Most banks only secure money for 250k. Your saying it's beyond doubt that banks pay the exact same interest rate on 1 trillion dollars vs 250k? Any bank paying 40 million dollars a year seems wild. I'm not even saying your wrong but that seems like alot of fricking money and banks aren't into losing money


My God
Posted by 225bred
COYS
Member since Jun 2011
20895 posts
Posted on 6/29/25 at 5:12 pm to
It’s on FS2, abt to go to a multi player playoff
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
35784 posts
Posted on 6/29/25 at 5:14 pm to
quote:

LIv is bleeding far more than a measly 3-4 million tournament. Metric tons more if you factor in the guaranteed salaries on a per tournament basis For example the purse alone at Dallas is 25 fricking million. A regular pga event would lose multi millions with that themselves man. Only the top dog events on the pga tour can handle that.


I’m guessing LIV owns at least some of the rights of these “Duels” they put on YouTube before each event. Those alone will generate a few million in revenue.

I honestly think the most valuable thing they own is the IP for the YouTube content associated with the league. Rumor is they own a part of Bryson’s and Phil’s channels.
Posted by mays
Member since Jul 2018
908 posts
Posted on 6/29/25 at 8:13 pm to
LIV isn’t making any money in their TV deal. They finished today on FS2.
Posted by MasterofTigerBait
Member since May 2009
7793 posts
Posted on 6/29/25 at 8:32 pm to
What drives be crazy about the LIV-PGAT discourse, is the kind of centrist view that they will merge. What has LIV innovated other than paying golfers absurd guaranteed money? The team golf thing isn’t compelling.

The PGA tour still seems to be trucking along. Sure I wish Bryson was competing there, but beyond that, whatever.

Honestly the designated no cut or limited field events the PGAT started in response to LIV are less compelling than full field
Posted by Themicah86
Member since Jun 2023
2483 posts
Posted on 6/29/25 at 8:59 pm to
Little do you understand sir is there's multiple people here that know exactly how to manage billions of dollars but elect to make 40k a year
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
35784 posts
Posted on 6/29/25 at 9:04 pm to
quote:

Little do you understand sir is there's multiple people here that know exactly how to manage billions of dollars but elect to make 40k a year


You don’t have to know how to manage billions to know what you said was retarded
Posted by TT9
Global warming
Member since Sep 2008
90033 posts
Posted on 6/29/25 at 9:14 pm to
Liv means nothing, it's just guys cashing checks. PGA and DP world tour have guys that actually give it their all to keep their card and get into majors.
Posted by Themicah86
Member since Jun 2023
2483 posts
Posted on 6/29/25 at 9:26 pm to
quote:

You don’t have to know how to manage billions to know what you said was retarded


OK. You probably need to call it a night. Your shift starts in a few hours
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
35784 posts
Posted on 6/29/25 at 9:30 pm to
quote:

OK. You probably need to call it a night. Your shift starts in a few hours


“My bad, I was wrong” is a lot easier
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
41156 posts
Posted on 6/29/25 at 9:31 pm to
quote:

Most banks only secure money for 250k. Your saying it's beyond doubt that banks pay the exact same interest rate on 1 trillion dollars vs 250k? Any bank paying 40 million dollars a year seems wild.


They don’t have their trillions of dollars sitting in a Chase Premier Savings Account
This post was edited on 6/29/25 at 9:33 pm
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