LIV Tour Discussion Thread (*** NO POLITICS ***)

[stinger_gc]

10 minutes ago, fixyurdivot said:

So if Rory goes to LIV, how much does he get?  Maybe this is becoming a contest to see who can garnish the biggest contract.  I say he does not eclipse Rahm... whay say you?

PIF would give Rory $600 million in a heartbeat. 

[grm24]

9 minutes ago, stinger_gc said:

LIV doesn’t even have a proper business model so I don’t even know what the valuation would be. All they do is throw money at players and they’ve got way of turning a profit.

You think PIF has turned a profit on the exhibition circuit?

[kiwigolf72]

22 minutes ago, fixyurdivot said:

So if Rory goes to LIV, how much does he get?  Maybe this is becoming a contest to see who can garnish the biggest contract.  I say he does not eclipse Rahm... whay say you?

I think he gets whatever he asks for, including his own team.. the angry leprechauns 

[pgapromex]

2 hours ago, bscinstnct said:

 

I won’t wade into it but let’s just say this movie has played out before in history; )

 

That movie about a guy who makes over 100 predictions in a thread and they're all wrong?

[grm24]

Rahm continues to a giant hypocrite. From the Telegraph 1/30/24. Article by James Corrigan.

 

“I wanted to go down the warrior spirit mythology side for the team’s name,” Rahm said. “The term ‘loyalty’ is very important for me - I think it embodies the warrior spirit through its decisiveness and ready-for-battle mindset. During the Roman Empire, there was the iconic Legion XIII Gemina in Caesar’s army. They believed in the credo of faithful loyalty.”

 

Sure Jon. You pledged fealty (sworn loyalty) to the PGA Tour. Certainly doesn't practice what he preaches. 🤣🤣🤣

[grm24]

3 minutes ago, pgapromex said:

That movie about a guy who makes over 100 predictions in a thread and they're all wrong?

Pretty interesting comments coming from somebody that prior to today hadn't posted anything here in over 4.5 years and comes back belching exhibition tour propaganda. Subtle. Very subtle. 🤪 

[BrianMcG]

1 hour ago, grm24 said:

You think PIF has turned a profit on the exhibition circuit?

 

That's irrelevant. They simply don't need to. 

[grm24]

Just now, BrianMcG said:

 

That's irrelevant. They simply don't need to. 

It's not in this instance. The person I replied to stated that they've "got a way of turning a profit". He needs to explain what profit has been made by that tour.

[idrive]

7 hours ago, Barfolomew said:

Rahm, Tyrrell Hatton and now back from the grave Anthony Kim 💪 as only Liv coulda pulled that one off.... gonna be a great season 🌮

 

AK wanted to come back and play on the PGAT as though he had never left. Because he had to work his way back just like anyone else he courted liv for the easy money.

 

5 hours ago, Titleist99 said:

Here's what we do know:

 

The PGAt has revenue of $2B and now has a valuation of about $14B (estimate), based on investors and potential earnings.

 

LIV golf was not able to generate even a $100M during the 2023 season. Also, LIV wasn't able to generate $3m in TV revenue. LIV currently has $2B invested going into its third year. According to my calculations, LIVs valuation is about $400M or whatever someone is willing to pay for it.

 

~The question is, will the purchase of Rahm at a $1/2B change these numbers?

Maybe they'll get a paying TV deal or maybe not who knows? Maybe they sell franchises? 

 

Maybe they plan on funding this indefinitely without profit who knows?...

 

They've been trying to sell the teams from day one. Asking price was one or two billion, can't remember.  I think they'd all but give them away if anyone would take one.  No one yet... that's some incredible interest.

 

4 hours ago, pgapromex said:

Many here appear to think the Saudis are Lamborghini driving fools throwing balls of cash into the desert.  Not

 

Many here also assume that they invest in PGA golf tour to turn a profit by running a golf tour.  Not

 

In 30-40 years their lake of oil dries up so they are investing in and planning future revenue streams.  One of these is tourism.  

 

They see UAE success in Dubai, which in 2018 was highest tourist spending destination in world, 30 B.and surpassing oil revenue.

 

The are building $500 B city in the north, largest construction project on earth.

 

Golf, F1 etc are just means to enhance their brand, very expensive billboards.  

 

Relax, let merger happen,  tour will get better, bigger, more international, and best will play against best again.

 

 

 

 

You left out - IMO.  Because that's all your post is. Your opinion.

 

3 hours ago, pgapromex said:

From the framework agreement "The  PGA Tour will at all times maintain a controlling voting interest, not withstanding any incremental investment by PIF or exercise of its rights of first refusal," 

 

It is a myth that PIF seeks to control Tour, spread by misguided trolls.  

 

As for rest of your post, it's a political minefield no thanks

 

You left out - IMO.  Because that's all your post is. Your opinion.

 

3 hours ago, pgapromex said:

Mastercard Global Destination Cities Index 2019 found that tourists spend more in Dubai than in any other country. In 2018, the country topped the list for the fourth year in a row with a total spend of $30.82 billion, a 3.8% increase over 2017 ($29.70 billion). The average spend per day was $553.^[14]

 

^{Yes Saudis will want revenue from golf and have plans to achieve it.  Think cricket in India} 

 

Your previous post says "Many here also assume that they invest in PGA golf tour to turn a profit by running a golf tour.  Not"

 

I think someone's account has been hacked.

[stinger_gc]

1 hour ago, grm24 said:

You think PIF has turned a profit on the exhibition circuit?

Obviously not, that was a typo on my end. My comment was in response to the comment that Rory would want equity in the league. I just don’t understand how you can get equity in something that’s backed by a $2 trillion sovereign wealth fund.

[grm24]

9 minutes ago, stinger_gc said:

Obviously not, that was a typo on my end. My comment was in response to the comment that Rory would want equity in the league. I just don’t understand how you can get equity in something that’s backed by a $2 trillion sovereign wealth fund.

All the team owners/principals are supposed to have 25% ownership/equity in their teams. Perhaps PIF has the team owners convinced under some form of fuzzy math that 25% of zero equals equity. 

[stinger_gc]

1 hour ago, grm24 said:

All the team owners/principals are supposed to have 25% ownership/equity in their teams. Perhaps PIF has the team owners convinced under some form of fuzzy math that 25% of zero equals equity. 

I don’t think Rahm, Brooks or Phil care about equity. If LIV ceases to exist after this year they’re still walking away at least $100 million richer. Worst case scenario would be a fine of some sort or a suspension of a year. I also don’t see how LIV exists in its current form if the PIF will be involved in its current form

[idrive]

Big Al speaks:

 

LIV Golf Chairman Yasir Al-Rumayyan updates players on potential future investment in PGA Tour Enterprises (msn.com)

 

I must say that I find it amusing that they (Al - Greg) can say with a straight face, things like:

 

   "The game of golf is only beginning to fulfill its potential. This is the vision we had when LIV was created, and today that is more alive than ever. LIV has transofmred the sport, and we will continue to grow the game globally, expand its fanbase, elevate its platform, and maintain incredible momentum.

 

 

[Ivyguy]

LIV will push the PGAT outside their comfort zone. Meaning:

 

-Same pre canned telecast 

-Weak analysis 

-Dodgey coverage

 

I hope to see a Masters App type experience with the tour. 
 

The announcement of a “see any shot at any time” is awesome.  
 

It’s the reason that LIV found opportunity. If you “hate” LIV, I think you are more disappointed with the fact that LIV found a niche that was out in the open for the tour to pounce on, WAY before LIV. 
 

at the end of the day, it’s millionaires arguing over millions.  Doesn’t impact me. 
 

But, force the tour to modernize and bring a better viewing experience.  
 

Heck, I may be able to sell that to my wife. 
 

Maybe.  

[bcjim]

The notion that they are out maneuvering the pga tour technologically is laughable.  They've hired some company. They are paying someone to broadcast their event.  Right? What is notable about this?

[Buddon _Burn]

The addition of the wildcards and having two guys playing outside the teams events is very contrived after obviously being jammed in to make the numbers work around Rahm's team/to fill 18 tee slots. At least Laurie Canter makes sense in coming 4th in the promotion event. No idea why the other spot didn't go to the guy who came 5th over Swafford.

Edited February 2 by Buddon _Burn

[stinger_gc]

7 hours ago, idrive said:

Big Al speaks:

 

LIV Golf Chairman Yasir Al-Rumayyan updates players on potential future investment in PGA Tour Enterprises (msn.com)

 

I must say that I find it amusing that they (Al - Greg) can say with a straight face, things like:

 

   "The game of golf is only beginning to fulfill its potential. This is the vision we had when LIV was created, and today that is more alive than ever. LIV has transofmred the sport, and we will continue to grow the game globally, expand its fanbase, elevate its platform, and maintain incredible momentum.

 

 

I feel like people are reading way too much into the SSG announcement. The only reason for that move is to get the Justice Dept off the tour’s back. PIF is probably gonna come in as a minority investor and eventually the world tour that Rory is talking about will be rehashed WGC’s with some team golf element.

[stinger_gc]

6 hours ago, Ivyguy said:

LIV will push the PGAT outside their comfort zone. Meaning:

 

-Same pre canned telecast 

-Weak analysis 

-Dodgey coverage

 

I hope to see a Masters App type experience with the tour. 
 

The announcement of a “see any shot at any time” is awesome.  
 

It’s the reason that LIV found opportunity. If you “hate” LIV, I think you are more disappointed with the fact that LIV found a niche that was out in the open for the tour to pounce on, WAY before LIV. 
 

at the end of the day, it’s millionaires arguing over millions.  Doesn’t impact me. 
 

But, force the tour to modernize and bring a better viewing experience.  
 

Heck, I may be able to sell that to my wife. 
 

Maybe.  

I agree with everything that you’re saying! I feel that’s what pga tour live should be. It’s already behind a paywall. I just think that would be a tough sell to networks like CBS

[dcmidnight]

2 hours ago, bcjim said:

The notion that they are out maneuvering the pga tour technologically is laughable.  They've hired some company. They are paying someone to broadcast their event.  Right? What is notable about this?

 

Its laughable in that LIV/PIF doesnt need to care about profits - ever. PGAT needs to think what something costs and how they are going to pay for it. You think no one has ever thought this would be a good idea? But technology isnt free. Broadcasts cost money - whether its on TV or online or on the CW. If the PGAT announced this tomorrow - it would have to cost $$ or have ads attached, either way, people would whine about it.

 

The fact is, LIV doesnt care about money, oh you need $20M to build a new broadcast app, here you go. Oh we need to hire people to track and film every player, heres another $20M. Its that simple.

 

You cant try to make any sort of business comparison between one party that literally would have fun lighting piles of money on fire - and a party that cant do that.

Edited February 2 by dcmidnight

[stinger_gc]

Lol

[PeteW]

Montezuma’s revenge strikes again 

[idrive]

18 minutes ago, stinger_gc said:

Lol

 

I don't wish anything bad to happen to anyone (except maybe Norman) but hopefully these folks are alright.

 

Have to admit it's kind of funny to have this reported by "Flushing It."

[idrive]

Greg Norman credits LIV Golf for PGA Tour $3 billion deal with Strategic Sports Group

LMREO  🤣

[bscinstnct]

1 minute ago, idrive said:

 

I don't wish anything bad to happen to anyone (except maybe Norman) but hopefully these folks are alright.

 

Have to admit it's kind of funny to have this reported by "Flushing It."

 

Ya that’s just not right! 😳
 

 

 

 

[bcjim]

X

Edited February 2 by bcjim

[bcjim]

 

[Buddon _Burn]

21 minutes ago, idrive said:

 

I don't wish anything bad to happen to anyone (except maybe Norman) but hopefully these folks are alright.

 

Have to admit it's kind of funny to have this reported by "Flushing It."

Snap. I was about to make the same gag.

[BlackDiamondPar5]

40 minutes ago, stinger_gc said:

Lol

I think this plays well for The Rippers 🤣

[bekgolf]

How would so many players and caddies get food poisoning?  Unless they are calling something else "food poisoning", sometimes people use it in a generic term like "the flu".

[woahnelly]

3 hours ago, Buddon _Burn said:

The addition of the wildcards and having two guys playing outside the teams events is very contrived after obviously being jammed in to make the numbers work around Rahm's team/to fill 18 tee slots. At least Laurie Canter makes sense in coming 4th in the promotion event. No idea why the other spot didn't go to the guy who came 5th over Swafford.

 

Swafford was one of the OG guys who defected from PGA and played in the first London event. He's been battling injuries ever since. It may also serve as insurance when Kaymer inevitably gets injured at some point during the year. 54 is the magic number after all! "Go Dawgs"