LIV with some big money announcements (*** TOPIC MODERATED ***)

[JDCON]

1 hour ago, Obee said:

 

I really can't stand Greg Norman. That is all.

I can’t stand people with awkwardly stumpy toes. Just gross!

[Josh L.]

If he can still film his commercials I bet Rickie signs on, no cuts no worries. 

[Holy Moses]

1 hour ago, Chrysalis99 said:

It’s impossible to discard this kind of money. Players would be stupid not to go for these paydays. It’s generational and sets up their families for life. 
 

The tour has granted exemptions for other events, why not this? I can’t imagine how selectively allowing some tournaments and not others will hold up in court. Arbitrary and capricious is what that’s called and is an untenable legal position in the US. 
 

I suspect some players will be walking back their position. How’s it going to sit with the top players when they see golfers they consider inferior making more money than they are? There’s no reason they can’t play these 8 events and maintain the tours minimum 15 requirement. Of course some alternate events will suffer but the Saudis are not going anywhere. They had their chance to bail in the face of all the negativity but they didn’t. That should tell you something. 

You want to watch it? All they have to do is stream it online. They don’t need a media partner in todays world.
 

Interesting times. Probably lots of legal maneuvering but the end result is more money for professional golfers. 

 

It’s not stupid if you are banned for life from the PGA Tour. You have no idea how long the SGL will last. 

[Obee]

8 minutes ago, JDCON said:

I can’t stand people with awkwardly stumpy toes. Just gross!

 

With you on that!

 

How about really strange-looking thumbs?

 

 

Other than my enormous fatness, I'm perfectly normal! Well, except for my second toe is longer than my big toe ... which supposedly means I'm a genius or something. So ... I got that going for me ... which is nice ....

 

[cdnglf]

 

 

                                                       Greg Norman      
                                                Phil Mickelson
 

                                               Ishpar

 

 

 

 

Edited March 17, 2022 by cdnglf

[oikos1]

Did anyone really think Phil's big mouth was going to tank this league?  The money is off the charts.  As long as people watch, and more importantly people with a lot of money and business aspirations, it's going to happen.  The golf is secondary at best.

[GolfTurkey]

CPG and Jay Don Blake gonna be unstoppable!

[GolfTurkey]

5 hours ago, Ferguson said:

 

Greg has a very extensive art collection that has no doubt caught the eye of the Saudis. I am almost 100% positive his collection was put on the line for this venture.  

 

 

 

Yes, but this particular treasure is simply priceless and therefore off limits:

 

[Go Cougs]

49 minutes ago, Josh L. said:

If he can still film his commercials I bet Rickie signs on, no cuts no worries. 

 

Yeah, no worries.  Right?

Edited March 17, 2022 by Go Cougs

[bscinstnct]

20 minutes ago, cdnglf said:

 

 

                                  Greg Norman      
                          Phil Mickelson
 

                           Ishpar

 

Nice one lol

 

Players who dare to venture into biz with GN

 

Let Phil serve as a warning 

 

Dont be the next guy to say

 

I got Philled!

 

 

 

 

[4thand11]

If they really are paying this much money, with no cuts, plus team money, for doing 75% of the work (54 holes vs 72)... a LOT of players will be signing up.

 

Ironically I think Phil, jerk though he is, may get his wish in that this tour will force the PGA Tour to pay more money to keep its players.

 

I heard Pat Perez on Colt Knost's podcast, and they were talking about how players can lose money playing on tour if they don't make cuts.  These are the top ranked players in the world.  As Perez said, even the 12th guy on an NBA bench who never takes his sweats off makes millions guaranteed.  At the very least I am expecting the Tour to institute some guaranteed payout to all players who compete in a tournament, even when they miss a cut.

[ivygynonc]

Too many pages to read thru but my question is what is the total purse of the 'regular pga tour season' vs. this 255 million LIV purse for only 8 events???  

 

I am curious as to what the purse is for when the "famous" guys begin to play to the conclusion of the fedex cup as well?  

 

25mil/event with only 54 holes and no cut... that has to be enticing.  

 

From what i know about human nature, when you tee it up for 72 holes, if you are lucky and maybe make nothing, vs. playing a 54 hole event with 25mil purse guaranteed to maybe 54 or so people, that will weigh on you when you are paying for all expenses and no income that week.  And the big dogs may have some wayward thoughts when the 200th ranked player in the world wins 4mil for winning some 'no named LIV tourney" vs your 1.8mil for the Masters victory....   

 

Just saying if it can survive past 3 years, more than a few major players will join.   Not to mention it is completely illegal for the 501c pga to 'ban' a 1099 worker from the opportunity to earn a wage.  

[4thand11]

Imagine the first event, some nondescript guy like Ted Potter wins way more money beating a bunch of other journeymen and has-beens, than John Rahm wins by beating the toughest competition in the world.  

 

You can imagine the top guys thinking, "hmmm, why am I playing an extra day, against tougher competition, for less money?"

 

Money talks at the end of the day.  The bigger question is how long the Saudis will put up with losses when no one is watching, until the top players can no longer resist and jump ship.

[Frankensteins Monster]

Smylie Kaufman now has a place to play.

[Johnnypenso]

Can't wait to see some journeyman pros, unknown (on this side of the pond) DP Tour and other tour players making $millions for playing in 8 54 hole events. It will start slow because of all the virtue signalling and morality posturing surrounding the creators but as soon as guys see checks being cut, crowds cheering etc. I think it's going to gather up a head of steam and attract better players over time. What you won't see is the top guys risking their sponsorships deals to play here. No one is going to give up $5+ million in easy sponsorship money to play somewhere else which naturally means it's going to attract journeymen, older players, KF & DP Tour players etc. . But once Liv Golf is around a couple of years the sponsors will soften up and more and more players will move there once the business end of it is sorted out with the PGA Tour.

[Duct Tape]

1 hour ago, djmohab2 said:

Doesn't Norman have a legitimate reason for taking on the PGA Tour? Didn't he try to create a World Golf Tour or something that was supposed to supplement the PGA Tour in a similar fashion to what we are seeing, and then Finchem basically bullied him into submission and created the WGC?

He made a business play and lost. The fault of which falls almost solely on him. Nobody owes him anything.  Not the PGAT, the players, the fans. 
 

While he may ultimately succeed this time, it seems to me he’s in it only for the money. Anything said that it’s better for the game, unless you count only the small group invited, is lip service. 
 

The new PGL proposal, although also controversial, seems at least on first pass more equitable for a much larger portion of tour players, including KFT and DP.   But not saying I’m in favor yet of that one either. 

[bscinstnct]

12 minutes ago, 4thand11 said:

Imagine the first event, some nondescript guy like Ted Potter wins way more money beating a bunch of other journeymen and has-beens, than John Rahm wins by beating the toughest competition in the world.  

 

You can imagine the top guys thinking, "hmmm, why am I playing an extra day, against tougher competition, for less money?"

 

Money talks at the end of the day.  The bigger question is how long the Saudis will put up with losses when no one is watching, until the top players can no longer resist and jump ship.

 

The tour has the means to throw as much money as needed at the top players to keep them. And they would be wise to do so. 
 

They have 300MM in reserves I think but they have the means to grab a lot more cash if they needed to. With their income and assets, they can raise billions. 
 

If they need to pay the top players 20MM or even more a year, that’s what they need to do. 
 

Without the best players, the whole thing goes down the tubes. 

Edited March 17, 2022 by bscinstnct

[CCTxGolf]

29 minutes ago, ivygynonc said:

Too many pages to read thru but my question is what is the total purse of the 'regular pga tour season' vs. this 255 million LIV purse for only 8 events???  

 

I am curious as to what the purse is for when the "famous" guys begin to play to the conclusion of the fedex cup as well?  

 

25mil/event with only 54 holes and no cut... that has to be enticing.  

 

From what i know about human nature, when you tee it up for 72 holes, if you are lucky and maybe make nothing, vs. playing a 54 hole event with 25mil purse guaranteed to maybe 54 or so people, that will weigh on you when you are paying for all expenses and no income that week.  And the big dogs may have some wayward thoughts when the 200th ranked player in the world wins 4mil for winning some 'no named LIV tourney" vs your 1.8mil for the Masters victory....   

 

Just saying if it can survive past 3 years, more than a few major players will join.   Not to mention it is completely illegal for the 501c pga to 'ban' a 1099 worker from the opportunity to earn a wage.  

For reference the Players last weekend had a 20 million dollar purse and set the record for the highest pga tour purse in history.

 

also your comment is spot on. I say less than three years though. I bet if it makes it passed two events many players will take a second look. 
 

10k to make a cut maybe or 100k minimum to play golf for three days.

 

easy math IMO

 

id be curious to know what kind of leverage the pga tour has over the majors and their processes/fields

Edited March 17, 2022 by CCTxGolf

[Frankensteins Monster]

Like some said, there’s no cut. They’ll just have executions. 

[drbonesvt]

2 hours ago, iBanesto said:

 

 

Correction - "Single digit handicappers".

 

First event is in Moscow; Putin Open 

[4thand11]

21 minutes ago, ivygynonc said:

Too many pages to read thru but my question is what is the total purse of the 'regular pga tour season' vs. this 255 million LIV purse for only 8 events???  

 

Total purse for the 47 official events for 2021-22 is $427 million, average of $9.1million per event. 

[CCTxGolf]

5 minutes ago, bscinstnct said:

 

The tour has the means to throw as much money as needed at the top players to keep them. And they would be wise to do so. 
 

They have 300MM in reserves I think but they have the means to grab a lot more cash if they needed to. 
 

If they need to pay the top players 20MM or even more a year, that’s what they need to do. 
 

Without the best players, the whole thing goes down the tubes. 

Just curious… where does the 300mm reserve come from and what is it for?

 

and how could they justify handing out $20mm to top players for no reason other than to keep them? That seems unprecedented to say the least.

[Holy Moses]

45 minutes ago, 4thand11 said:

If they really are paying this much money, with no cuts, plus team money, for doing 75% of the work (54 holes vs 72)... a LOT of players will be signing up.

 

Ironically I think Phil, jerk though he is, may get his wish in that this tour will force the PGA Tour to pay more money to keep its players.

 

I heard Pat Perez on Colt Knost's podcast, and they were talking about how players can lose money playing on tour if they don't make cuts.  These are the top ranked players in the world.  As Perez said, even the 12th guy on an NBA bench who never takes his sweats off makes millions guaranteed.  At the very least I am expecting the Tour to institute some guaranteed payout to all players who compete in a tournament, even when they miss a cut.

I don’t think the PGA Tour is going to be dishing out any more money. That’s already been done. The only weapons the PGA Tour has left are bans and voting against giving out OWGR points and joining with the PGL.
 

The NBA does 4x the revenue that the PGA Tour does. See Pat, if you generate more, you get paid more. The Tour is giving money to all players if they play 15 events.

Edited March 17, 2022 by Holy Moses

[drbonesvt]

9 hours ago, SwingBlues said:

3 rounds = smells a lot like tantalizing bait for potential Champion Tour legends to come party and add name recognition. Question is, will they allow carts 😉

John Daly is there already 

[bscinstnct]

2 minutes ago, CCTxGolf said:

Just curious… where does the 300mm reserve come from and what is it for?

 

and how could they justify handing out $20mm to top players for no reason other than to keep them? That seems unprecedented to say the least.

 

Well, desperate times call for…

 

I don’t know where the reserves came from. But what better thing to invest it on on than the assets that bring in the most money.

 

And wait a minute. The Saudis can throw money at players at bring down our national golf tour. But the tour can’t do the same thing to keep their own players?!

 

The commissioner and tour have pretty sweeping authority. The players aren’t going to argue with making more money.

 

They don’t have to just blatantly hand it out. They could do accelerators on earnings.

 

Too 5 on the money list get 2x their earning. Something like that.

 

And they could jack up the PIP and add more dopey bonuses.

 

Whatever they do, they have to pay the top players more. A lot more. 
 

 

[bscinstnct]

6 minutes ago, Holy Moses said:

I don’t think the PGA Tour is going to be dishing out any more money. That’s already been done. The only weapons the PGA Tour has left are bans and voting against giving out OWGR points.
 

The NBA does 4x the revenue that the PGA Tour does. See Pat, if you generate more, you get paid more. The Tour is giving money to all players if they play 15 events.

 

I disagree, they already started jacking up purses, they did the PIP, they increase the fedex. 
 

And I think they will do what it takes. They don’t have to match the SGL dollar for dollar. 
 

But if guys can make like 3x the money playing less, they’re going to leave. 

[munichop]

The increase this year is due to the new tv deal but the crux to Phil from what I understand is media rights control. If the tour doesn’t share that you could see a rival option hitting critical mass. When top players find out what they could generate from cyber media the golf would be secondary.  They could have a short season and do their own exhibitions the rest of the year and get all the money for themselves. Remember the tour doesn’t control any of the majors. Paul McGinley noted the Saudi money was welcomed by the European tour until they wanted input into running things. Then they said no.

[Holy Moses]

11 minutes ago, bscinstnct said:

 

I disagree, they already started jacking up purses, they did the PIP, they increase the fedex. 
 

And I think they will do what it takes. They don’t have to match the SGL dollar for dollar. 
 

But if guys can make like 3x the money playing less, they’re going to leave. 

If it’s just a money thing, the PGA Tour can’t compete. They don’t have the resources to match the Saudis anymore. A ban is their last good defense. 

[Holy Moses]

17 minutes ago, munichop said:

The increase this year is due to the new tv deal but the crux to Phil from what I understand is media rights control. If the tour doesn’t share that you could see a rival option hitting critical mass. When top players find out what they could generate from cyber media the golf would be secondary.  They could have a short season and do their own exhibitions the rest of the year and get all the money for themselves. Remember the tour doesn’t control any of the majors. Paul McGinley noted the Saudi money was welcomed by the European tour until they wanted input into running things. Then they said no.

If you give away media rights, you piss off ESPN, CBS, NBC, and the Golf Channel. Those companies just paid big bucks for their deals and that money is being funneled to the players by the Tour. Can’t have it both ways.

Edited March 17, 2022 by Holy Moses

[djmohab2]

39 minutes ago, CCTxGolf said:

Just curious… where does the 300mm reserve come from and what is it for?

 

and how could they justify handing out $20mm to top players for no reason other than to keep them? That seems unprecedented to say the least.

They justified the PIP, which everyone including the golfers knew was just a Tigergod pension payment