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re: Magically the PGA found extra money!!!

Posted on 6/23/22 at 9:24 am to
Posted by hehateme2285
Katy, TX
Member since Dec 2007
5251 posts
Posted on 6/23/22 at 9:24 am to
quote:

Those are massive names. What is your source



Posted by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 9:30 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 9:32 am to
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 by MikeD
Baton Rouge
Member since Jan 2004
7893 posts
Posted on 6/23/22 at 9:39 am to
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 by JScoop8
Member since Oct 2014
1059 posts
Posted on 6/23/22 at 9:42 am to
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


this clip says nothing. where is the link to the other names you listed?
Posted by lsupride87
Member since Dec 2007
104771 posts
Posted on 6/23/22 at 9:45 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 9:47 am to
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 by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28308 posts
Posted on 6/23/22 at 9:48 am to
Carlos Ortiz and Top 20 Abraham Ancer announced they are headed to LIV yesterday.
Posted by baldona
Florida
Member since Feb 2016
22501 posts
Posted on 6/23/22 at 9:52 am to
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 by BBONDS25
Member since Mar 2008
53290 posts
Posted on 6/23/22 at 9:54 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 9:57 am to
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 by BBONDS25
Member since Mar 2008
53290 posts
Posted on 6/23/22 at 9:57 am to
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 by Taurus
Loozianna
Member since Feb 2015
4955 posts
Posted on 6/23/22 at 10:00 am to
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.
Posted by baldona
Florida
Member since Feb 2016
22501 posts
Posted on 6/23/22 at 10:01 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 10:02 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 10:16 am to
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 by Topwater Trout
Red Stick
Member since Oct 2010
68737 posts
Posted on 6/23/22 at 10:19 am to
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 by bamameister
Right here, right now
Member since May 2016
16599 posts
Posted on 6/23/22 at 10:43 am to
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 by Dawgsontop34
Member since Jun 2014
44810 posts
Posted on 6/23/22 at 10:46 am to
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.
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