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Message
re: PGA Tour to merge with LIV Golf
Posted on 6/7/23 at 3:45 pm to lsufball19
Posted on 6/7/23 at 3:45 pm to lsufball19
quote:
LIV's money that the PGA Tour could never compete with was the leverage. Period. As a normal business model, that leverage could not and would not have existed otherwise. It's really easy to put pressure on an entity when you have infinite funds behind you. The PGA had to borrow against future TV earnings just to put up the money for these elevated purses. Phil's whole argument was they had the money and just weren't paying it out to the players. In reality, the Tour had to take out massive loans to create money they didn't have to compete with an entity (PIF) that had the money even though their business (LIV) wasn't producing any.
Perfectly said. Phil wasn't right about anything except for taking the over inflated contract from LIV to help with his debts.
0
Posted on 6/7/23 at 3:46 pm to bamameister
quote:
Why do you think 90% of the PGA golfers in that meeting were calling Monahan a hypocrite? Monahan sold them all on not ever having to apologize for being a PGA player. His moral ground was everyone's, including Monahan's mouthpiece through all this.
I 100% agree with you. We aren’t on opposite sides here. I just don’t think Rory ever took the “blood money” route.
I don’t like Rory. I actively cheer against him. For other reasons. I just wanted to state that I don’t think he ever took the “blood money” route.
Posted on 6/7/23 at 3:47 pm to lsupride87
quote:
Just admit you were wrong and pulled it out of your arse. No big deal
Oh my.
Posted on 6/7/23 at 3:49 pm to lsupride87
quote:
You aren’t wrong. Some people are just in denial and are saying “having majority control isn’t a big deal”
Whoever has the majority stake in shares of the new company is who will ultimately be in control.
Posted on 6/7/23 at 3:49 pm to lsupride87
quote:
One thing this ordeal proves was everyone on Phil’s side and the LIv side was full of shite about the tour sitting on all this infinite cash
Not a single person said “infinite cash” you moron. You love to argue semantics. Link ONE. A SINGLE post that states they had infinite cash.
If you can’t you are a liar. That’s you’re standard not mine.
This post was edited on 6/7/23 at 3:50 pm
Posted on 6/7/23 at 3:51 pm to lsupride87
quote:
You aren’t wrong. Some people are just in denial and are saying “having majority control isn’t a big deal”
Some of us also realize that a board or a trustee, while “independent” is still going to listen to the grantors. Surely you aren’t so naive you don’t know what that means, right?
Posted on 6/7/23 at 3:56 pm to BBONDS25
quote:
Some of us also realize that a board or a trustee, while “independent” is still going to listen to the grantors.
Posted on 6/7/23 at 3:56 pm to lsufball19
quote:
You can't just compare individual Tour players to entire NFL franchises and act like it's apples to apples.
Of course you can. One team = one vote for electing/hiring a commissioner of the NFL. One player = one vote for electing/hiring a PGA commissioner. What is so hard about that for you to understand?
Who signs Patrick Mahomes' check? It isn't the NFL, its the team. Who signs Rory McElroy's check? It isn't a team (because the player IS the team), its the PGA Tour.
And the chart is from 2019.
Posted on 6/7/23 at 3:56 pm to bamameister
quote:
Jay Monahan has categorically denied, as early as this morning on the golf channel, that the PGA was running out of money, and this was the driving force behind the merger.
So now you believe what Jay Monahan says? But just not about anything else he's said with respect to the Tour's finances?
I guess I shouldn't bother citing him or should I?
Posted on 6/7/23 at 3:58 pm to lsupride87
quote:
One thing this ordeal proves was everyone on Phil’s side and the LIv side was full of shite about the tour sitting on all this infinite cash
quote:
Now of course those people will pretend like they never said that (bonds, ell, etc)
Ooooh. I didn’t even see this juicy little tidbit. Link me ONE post where I said the tour had infinite cash. One single post. You liar. I’ve never seen anyone hoist themself on their own petard as quickly as you with this claim. You demand precision when someone dissects your posts. Then you post this drivel. Beautiful.
This post was edited on 6/7/23 at 4:04 pm
Posted on 6/7/23 at 4:00 pm to BBONDS25
quote:
I 100% agree with you. We aren’t on opposite sides here. I just don’t think Rory ever took the “blood money” route.
I don’t like Rory. I actively cheer against him. For other reasons. I just wanted to state that I don’t think he ever took the “blood money” route.
Be a little hard to distance yourself when you took the Jay Monahan argument to the PGA players even in this last meeting. Rory also doesn't seem to think, in his world, that there is a coalition between PIF and LIV.
Makes you wonder if he can't help but see the coalition between the Governor of LIV Golf and the brand-new Executive Chairman of the PGA.
Rory is a man for all seasons.
Posted on 6/7/23 at 4:02 pm to bamameister
quote:
Rory also doesn't seem to think, in his world, that there is a coalition between PIF and LIV.
That is his only out. Of course they are one and the same.
Posted on 6/7/23 at 4:04 pm to Basura Blanco
quote:
Of course you can. One team = one vote for electing/hiring a commissioner of the NFL. One player = one vote for electing/hiring a PGA commissioner. What is so hard about that for you to understand?
Who signs Patrick Mahomes' check? It isn't the NFL, its the team. Who signs Rory McElroy's check? It isn't a team (because the player IS the team), its the PGA Tour.
So if Jay Monahan was hoarding all this cash from the players, the players should have just gotten rid of him right?
No, it doesn't work like that. The PGA Tour's commissioner is appointed by the PGA Tour's policy Board. The only say the players have in who's on the policy board is the 5 Tour players who are members of that board are elected by their peers. This is, in no way, structured like the NFL. So no, you cannot compare individual PGA Tour players to NFL owners. They are apples and oranges
Posted on 6/7/23 at 4:04 pm to lsufball19
quote:
So now you believe what Jay Monahan says? But just not about anything else he's said with respect to the Tour's finances?
I guess I shouldn't bother citing him or should I?
Do what you must.
However, it was YOU that I was questioning.
Posted on 6/7/23 at 4:05 pm to BBONDS25
quote:Dont be in denial
Link me ONE post where I said the tour had infinite cash. One single post. You liar
Posted on 6/7/23 at 4:08 pm to bamameister
quote:
However, it was YOU that I was questioning.
I'm sorry, I don't have any first-hand knowledge of the Tour's finances. Do you?
Posted on 6/7/23 at 4:10 pm to BBONDS25
quote:
That is his only out. Of course they are one and the same.
Being spoonfed this garbage, after the fact, with his political mind, is like eating dirt sandwiches. Now that the PGA has been thoroughly exposed as hypocrites, I truly hope he just goes away.
Posted on 6/7/23 at 4:11 pm to lsufball19
quote:Him and bonds certainly acted like they did
I'm sorry, I don't have any first-hand knowledge of the Tour's finances. Do you?
Bonds, tell us how easy it would have been for jay and his finances to fend off the Saudi money again if he would have acted right
Posted on 6/7/23 at 4:12 pm to BBONDS25
quote:Saying PIF and LIv are one in the same is so strange. Is every single entity “one and the same” with its funding?
Of course they are one and the same.
Can’t wait to see you answer. Have some great follow up examples for you…..
Posted on 6/7/23 at 4:12 pm to BBONDS25
quote:
That is his only out. Of course they are one and the same.
He’s disingenuous. He’s trying to manufacture a “win” for his side and a “loss” for LIV.
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