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re: Magically the PGA found extra money!!!
Posted on 6/23/22 at 9:24 am to Rendevoustavern
Posted on 6/23/22 at 9:24 am to Rendevoustavern
quote:
Those are massive names. What is your source

Posted on 6/23/22 at 9:30 am to Mingo Was His NameO
quote:
Dude, seriously sit this one out, you're embarrassing yourself
either you are a complete dumbass or out of touch with reality. It doesn't matter if the PGA increases the purses in tournaments...they can't compete with what LIV is willing to pay. They are paying more for ppl to play than ppl have made in a career
Posted on 6/23/22 at 9:32 am to MikeD
quote:
DJ and Phil had a 3 or 4 year contract, not just 8 tournaments
Still more than Tiger has made over his career on the PGA.
Posted on 6/23/22 at 9:39 am to Topwater Trout
quote:
Still more than Tiger has made over his career on the PGA.
But not $125 million for 8 tournaments like it was stated
Posted on 6/23/22 at 9:42 am to MrLSU
quote:
One of the Clips from Cantlay from his press conference yesterday. Several other LIV questions followed up but this was the first of a series

Posted on 6/23/22 at 9:45 am to JScoop8
Wait, you mean in that clip you didn’t hear Cantlay confirm him and his team are ironing out details with LIV and he will announce next week?
Posted on 6/23/22 at 9:47 am to MikeD
quote:
But not $125 million for 8 tournaments like it was stated
phil played 657 events and made 95 mil in his career...will someone tell me how the pga can compete with a league offering 125 mil for him to just play 32 events in 4 years

Posted on 6/23/22 at 9:48 am to MikeD
Carlos Ortiz and Top 20 Abraham Ancer announced they are headed to LIV yesterday.
Posted on 6/23/22 at 9:52 am to Topwater Trout
quote:
phil played 657 events and made 95 mil in his career...will someone tell me how the pga can compete with a league offering 125 mil for him to just play 32 events in 4 years
Its all about endorsements really, Phil was making $50 mil a year at one point off endorsements. The PGA was needing the companies to drop the LIV players, but the reality is that LIV probably HELPED them get better endorsements/ value with all of the coverage and media time the LIV players were getting.
I don't know what the future holds, but its laughable how behind the PGA tour was in making some moves to counteract this.
Posted on 6/23/22 at 9:54 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...
Well the PGA is a non-profit so….
But to your point, you are absolutely correct they don’t have to show their financials. That’s what happened. Players got disgruntled and left. Now they are upset. How you can’t comprehend that is baffling.
quote:
Biden was calling out Exxon recently, wrongfully so, and even if they are making huge profits so what.
Agree 100 percent. Though if I’m an employee and I fee underpaid I will look elsewhere. As would you.
Posted on 6/23/22 at 9:57 am to baldona
quote:
LIV probably HELPED them get better endorsements/ value with all of the coverage and media time the LIV players were getting.
those companies are woke...didn't some lose endorsements when they went to LIV?
quote:
its laughable how behind the PGA tour was in making some moves to counteract this.
and with the money being offered by LIV the pga could've increased purses 3x (doubt they had the funds to do so) and would still be in this dilemma
Posted on 6/23/22 at 9:57 am to Topwater Trout
quote:
either you are a complete dumbass or out of touch with reality. It doesn't matter if the PGA increases the purses in tournaments...they can't compete with what LIV is willing to pay. They are paying more for ppl to play than ppl have made in a career
True. But you asked us what we would have done. We told you and you flipped out and said no company should have to show their financials. You aren’t grasping that while we agree they don’t have to, it may have gone a long way with the players. You can disagree with that if you like, but it seems as though you are just struggling to keep up, all while calling all of us dumb fricks and idiots.
Posted on 6/23/22 at 10:00 am to Topwater Trout
holy cow.....The money offered today is better than young Phil. BUT! The money for these dudes is from endorsements! Rickie Fowler doesn't do jack on tour but rolls in the money from endorsements.
LIV tour will eventually have plenty of endorsement opportunities.....just wait.
PGA others like your hypocrites.....Euro Tour was sponsored by Saudis and the PGA endorses the Erou tour.
LIV tour will eventually have plenty of endorsement opportunities.....just wait.
PGA others like your hypocrites.....Euro Tour was sponsored by Saudis and the PGA endorses the Erou tour.
Posted on 6/23/22 at 10:01 am to Topwater Trout
quote:
and with the money being offered by LIV the pga could've increased purses 3x (doubt they had the funds to do so) and would still be in this dilemma
That's a guess at best, DJ and Phil were in the original vocal group upset the PGA tour was not being more upfront about the financials. If the tour would have done a better job of negotiating and being open from the beginning its very possible the LIV would have never had the legs to start up. Additionally, if the PGA had originally offered this additional purse money and other incentives fewer of the players may have left.
Now most of the guys that left should be getting some back door thank yous from the guys like McElroy that stayed.
Posted on 6/23/22 at 10:02 am to BBONDS25
quote:
Players got disgruntled and left. Now they are upset. How you can’t comprehend that is baffling.
Ok I don't know but what happened first...players weren't satisfied with purses being offered and then LIV became a possibility or did LIV make them question if they were being compensated fairly?
quote:
Though if I’m an employee and I fee underpaid I will look elsewhere. As would you.
Of course but ex employer may or may not hire you back if the grass wasn't greener
Posted on 6/23/22 at 10:16 am to BBONDS25
quote:
You can disagree with that if you like, but it seems as though you are just struggling to keep up, all while calling all of us dumb fricks and idiots.
I am saying there is no way the PGA could compete with the money LIV is offering regardless of releasing financials, and I would think the PGA knew that. Do you really think if the tour showed the players we take in x amount and pay out 80% or whatever figure you want that the money LIV is paying would be snubbed b/c they feel loyal to stay with the PGA b/c they are doing them right?
Posted on 6/23/22 at 10:19 am to baldona
quote:
if the PGA had originally offered this additional purse money and other incentives fewer of the players may have left.
if a company offers me a schedule that is 1/3 to 1/4 less than my current employer and 10-20x the pay I am gone...doesn't matter how good they were to me
Posted on 6/23/22 at 10:43 am to Topwater Trout
quote:
I am saying there is no way the PGA could compete with the money LIV is offering regardless of releasing financials, and I would think the PGA knew that.
Then perhaps they should change their business model to compete. Why insist on their tax-exempted status? Why continue to pay out revenue to beneficiaries instead of top players earning "guaranteed income," like LIV and other professional sports?
When something stops working, change. That's business 101.
Posted on 6/23/22 at 10:46 am to bamameister
The issue is that LIV is not going to make money.
So it’s nearly impossible to compete monetarily with a company that knows it’s going to lose $ going forward.
So it’s nearly impossible to compete monetarily with a company that knows it’s going to lose $ going forward.
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