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Started By
Message
re: Magically the PGA found extra money!!!
Posted on 6/22/22 at 2:51 pm to chinhoyang
Posted on 6/22/22 at 2:51 pm to chinhoyang
quote:
maybe they'll get more funding from saudi scum
Spare me.
Past PGA tour sponsors: Worldcom. Enron. Lehman Brothers. Groupo Salinas. Wells Fargo. HSBC.
Name a scandal, and they sponsored a tour event.
0
Posted on 6/22/22 at 3:44 pm to BBONDS25
quote:
I’m not brilliant,
I agree
quote:
Being transparent and giving more money was my answer.
And you say this without knowing that information...that's ignorant.
Posted on 6/22/22 at 4:08 pm to Topwater Trout
quote:
so you think they should make more and aren't compensated enough?
I dint we can say either way since the tour has chosen to be so secretive about their financial situation other that broad player payout percentages..
Posted on 6/22/22 at 4:32 pm to Topwater Trout
quote:
And you say this without knowing that information...that's ignorant.
Then be transparent. If there is no more money there is no more money. It’s not rocket surgery.
Posted on 6/22/22 at 4:50 pm to bamameister
That’s my question. The PGA has known for quite a while that the new TV contract was kicking in and LIV was also about to start up. Why wait until now to make adjustments to purses and adding tournaments? We’re they just going to pad their own pockets and stockpile the cash with the extra revenue? Why make adjustments now that you’re under the gun from the LIV pressure?
The only reason the PGA is awarding more money is try to keep players from defecting. Eventually they will have to come to some sort of agreement with the players and the LIV.
The only reason the PGA is awarding more money is try to keep players from defecting. Eventually they will have to come to some sort of agreement with the players and the LIV.
Posted on 6/22/22 at 4:53 pm to AllemanWC
Not only did they add 200MM through the 8 tourneys. They increased purses for a handful of other tournaments by over 50MM. Why wait until players left to announce this? An extra 250MM available for top players.
Posted on 6/22/22 at 5:19 pm to BBONDS25
Yeah that’s some shady dealings by the PGA. I would think the players would see right through this and ask some serious questions.
Probably could have saved themselves a lot of headaches by making purse and tournament adjustments before the season began.
Probably could have saved themselves a lot of headaches by making purse and tournament adjustments before the season began.
Posted on 6/22/22 at 11:04 pm to the LSUSaint
quote:shite, gotta take away their OWGR status now, right Pride?
They are kicking ideas around about no cut tourneys
Posted on 6/23/22 at 7:04 am to the LSUSaint
I am kinda enjoying the hypocrisy in seeing what is being done to the PGA. How quickly they are changing to adopt some of the same concepts LIV has offered (and being criticized for). I guess no cut “exhibition” golf, as critics call it, is now acceptable to the PGA.
Posted on 6/23/22 at 7:43 am to shel311
quote:Can you be anymore disengenuous? These No cut tourneys are in the same breath as WGC events and the tour championship. Based on actual merit results and qualifications from playing golf. And it isn’t the basis of the entire tour
shite, gotta take away their OWGR status now, right Pride?
This post was edited on 6/23/22 at 7:44 am
Posted on 6/23/22 at 7:50 am to lsupride87
quote:
Can you be anymore disengenuous?
quote:
lsupride87
Posted on 6/23/22 at 8:18 am to BBONDS25
quote:
Then be transparent. If there is no more money there is no more money. It’s not rocket surgery.
I don't care if there is billions of dollars left over and no one else should. Who should tell a company/organization what their profits should be...Biden was calling out Exxon recently, wrongfully so, and even if they are making huge profits so what.
Bottom line is there is no way to compete with the Saudis...reports that DJ was paid 125 million just to play 8 tournaments...Tiger was offered close to a billion.
Posted on 6/23/22 at 8:38 am to Topwater Trout
quote:
I don't care if there is billions of dollars left over and no one else should. Who should tell a company/organization what their profits should be
Dude, seriously sit this one out, you're embarrassing yourself
Posted on 6/23/22 at 8:49 am to AllemanWC
quote:
We’re they just going to pad their own pockets and stockpile the cash with the extra revenue?
My question is, who do you think was lining their pockets? There is no owner. Maybe you can say some of the top admin salaries but that is not that much in the total revenue.
Posted on 6/23/22 at 8:51 am to Topwater Trout
quote:
reports that DJ was paid 125 million just to play 8 tournaments
DJ and Phil had a 3 or 4 year contract, not just 8 tournaments
Posted on 6/23/22 at 8:54 am to BBONDS25
quote:
Why wait until players left to announce this? An extra 250MM available for top players.
This is a great point. If this gets out ahead of some borderline players making the leap, it makes the decision much harder.
Posted on 6/23/22 at 9:13 am to AllemanWC
quote:
That’s my question. The PGA has known for quite a while that the new TV contract was kicking in and LIV was also about to start up. Why wait until now to make adjustments to purses and adding tournaments? We’re they just going to pad their own pockets and stockpile the cash with the extra revenue? Why make adjustments now that you’re under the gun from the LIV pressure?
The only reason the PGA is awarding more money is try to keep players from defecting. Eventually they will have to come to some sort of agreement with the players and the LIV.
They were always planning on doing this, LIV moved up the timeline. They currently don't have sponsors for the 3 major events, so they're announcing them without being sold.
The Tour reserve funded purses during Covid and put a major hurt on said reserves. They're not just sitting on billions. These increases are through TV and sponsors, not an unlimited slush fund.
Posted on 6/23/22 at 9:14 am to MikeD
Cantlay confirmed yesterday that his team is negotiating with LIV and working out details.
Xander, Finau, Hideki, Cam Smith, and Hovland are all announcing they are leaving in the coming weeks.
Xander, Finau, Hideki, Cam Smith, and Hovland are all announcing they are leaving in the coming weeks.
Posted on 6/23/22 at 9:21 am to MrLSU
quote:
Xander, Finau, Hideki, Cam Smith, and Hovland are all announcing they are leaving in the coming weeks.
Thanks for the update Greg.
Posted on 6/23/22 at 9:21 am to MrLSU
Those are massive names. What is your source
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