Rahm pulls out of TGL indoor

[jlevitt9]

Also, now the important part since this is a golf (and equipment) forum...what will Callaway do with him? 

[Dicka]

22 minutes ago, Cactus Jack said:

The money may not be life changing, but for a guy like Jon the LIV schedule likely is. He’ll know his exact schedule a year in advance, and he can spend more time at home with his family which he has continually said is a priority. He gets to compete, but basically use LIV rounds as paid practice session to prep for the majors. For a guy who prioritizes family and majors above all else, this sounds like a perfect fit. 

 

Sorry but I just find this argument completely bogus.

 

So with LIV, plus the majors, that's at least 18 events. Add in a few co-sanctioned tournaments and he'd likely play around 20 events. Very similar to what he'd currently play. And the notion someone like Rahm couldn't make his schedule a year in advance...yeah, nah.

 

I wish these guys would just be honest...it's 100% about the cash. 

Edited December 1, 2023 by Dicka

[jimecherry]

7 minutes ago, Dicka said:

 

Sorry but I just find this argument completely bogus.

 

So with LIV, plus the majors, that's at least 18 events. Add in a few co-sanctioned tournaments and he'd likely play around 20 events. Very similar to what he'd currently play. And the notion someone like Rahm couldn't make his schedule a year in advance...yeah, nah.

 

I wish these guys would just be honest...it's 100% about the cash. 

2 guys said the schedule was their reason and now we just assume they all have that fake reason even if they havent officially signed with liv lol

Edited December 1, 2023 by jimecherry

[JungleJimbo]

 

 

 

 

Edited December 1, 2023 by JungleJimbo

[hammersia]

8 hours ago, Albatross Dreamer said:

I didn't dispute any of the numbers. I simply asked if it's not based on $1.2B now, but that it's based on an average of $200m of revenue or whatever per year. They're two different things. Just trying to clarify how equity works for LIV. Personally I'm indifferent to LIV as I haven't watched a second.

 

 

 

 

I don't see that LIV has any revenue at all.

[Dave230]

I don't really trust sources like Flushing It, but the only thing makes me think it might happen is the fact Rahm has all the time in the world to go on social media and crush the rumours and he won't.

 

If you remember when Spieth and Morikawa were linked to LIV, they went to social media to tell everyone it was false. Rahm hasn't tweeted anything for 3 weeks now.

[dashanks]

Rahm is a great golfer, but not the kind of personality that I will miss if he jumps ship.   Never been very likable in my opinion, he should blend well with the rest of the misfits in LIV.  

[leezer99]

3 minutes ago, Dave230 said:

I don't really trust sources like Flushing It, but the only thing makes me think it might happen is the fact Rahm has all the time in the world to go on social media and crush the rumours and he won't.

 

If you remember when Spieth and Morikawa were linked to LIV, they went to social media to tell everyone it was false. Rahm hasn't tweeted anything for 3 weeks now.

 

Because Rham, like Phil, thinks he is the smartest guy in the room. He is also butt hurt that he's not part of the 'cool club' on the PGA Tour. 

[Tiptx1122]

1 hour ago, leezer99 said:

 

Because Rham, like Phil, thinks he is the smartest guy in the room. He is also butt hurt that he's not part of the 'cool club' on the PGA Tour. 

OK but that cool club as you mentioned is what that has hurt the PGA Tour, it sure didn't help them during the Ryder Cup

[dcmidnight]

4 hours ago, Dicka said:

 

Sorry but I just find this argument completely bogus.

 

So with LIV, plus the majors, that's at least 18 events. Add in a few co-sanctioned tournaments and he'd likely play around 20 events. Very similar to what he'd currently play. And the notion someone like Rahm couldn't make his schedule a year in advance...yeah, nah.

 

I wish these guys would just be honest...it's 100% about the cash. 

 

Miss me with that schedule BS - that is an absolute load of crap.

 

A player like Rahm can set his schedule whenever he wants and play wherever he wants. He knows *right now* where he will or wont play. The 2024 LIV schedule is still missing courses and the end of season dates arent even set. Saudi in March - no location. There is a US event in April that doesnt seem to have a location or a course. 

 

Stop stop stop with the schedule nonsense.

 

You wanted your bag. Good for you, we would all take it. But these ridiculous excuses are exhausting.

[caniac6]

I guess Rahm just screwed his Ryder Cup future.

[leezer99]

10 minutes ago, Tiptx1122 said:

OK but that cool club as you mentioned is what that has hurt the PGA Tour, it sure didn't help them during the Ryder Cup

 

I'm not saying it's right or wrong but he has ostracized himself by riding the fence between LIV and the PGA Tour. Jon's problem is that the PGA Tour understands that the game is bigger than him while LIV needs him to keep relevant. You have to remember; Jon only has two majors and 11 wins. DJ, Brooks, Phil and Bubba all have more productive careers than him and the PGA Tour is still chugging along like they never existed. Jon, like the rest of the LIV players, has a huge ego and sense of entitlement that creates a distorted house of mirrors that is hard to get out of. 

[Stevens24]

4 hours ago, Dicka said:

 

Sorry but I just find this argument completely bogus.

 

So with LIV, plus the majors, that's at least 18 events. Add in a few co-sanctioned tournaments and he'd likely play around 20 events. Very similar to what he'd currently play. And the notion someone like Rahm couldn't make his schedule a year in advance...yeah, nah.

 

I wish these guys would just be honest...it's 100% about the cash. 

Well 2 more full weeks off, plus An extra day each week of a LIV tourney since they are 3 days and not 4. So arrive on Weds instead of Tuesday. Works out to 28-30 additional days at home. Seems significant to someone with young children. 

[dcmidnight]

2 minutes ago, Stevens24 said:

Well 2 more full weeks off, plus An extra day each week of a LIV tourney since they are 3 days and not 4. So arrive on Weds instead of Tuesday. Works out to 28-30 additional days at home. Seems significant to someone with young children. 

 

Nope, not buying that either. I saw a lot of those guys at Wednesday sponsor parties before the events this year - not buying it. They seem to have just as many if not more obligations than they did on the PGAT. Especially for a guy like Rahm who seems to be at a high enough level to pick and chose on the PGAT.

[BlackDiamondPar5]

6 minutes ago, Stevens24 said:

Well 2 more full weeks off, plus An extra day each week of a LIV tourney since they are 3 days and not 4. So arrive on Weds instead of Tuesday. Works out to 28-30 additional days at home. Seems significant to someone with young children. 

Nonsense. It's not two weeks. Add in all the extra international travel, supporting events, kissing the kings ring and he's spending more time away from family. 

Edited December 1, 2023 by BlackDiamondPar5

[Dave230]

Yep, the schedule excuse has always been crap, which is why a lot of players on LIV apparently got sick of their families and rushed to play European Tour events, or complained that they were banned from the tour.

 

Even if Rahm had technically two weeks less to play on LIV, he would have enough power on the PGA Tour that if he really wanted to, he could just take a few events off with a "back injury" to spend with his family and nobody would bat an eyelid. If Rahm only wanted to play 10 times a year on the PGA Tour, do you think the Tour would take away his membership? He has exemptions for years.

[onwrd2vctry]

The PGA Tour and LIV dropped all lawsuits in anticipation of their future merger correct?  If they are merging then I don't see a big deal here?  Other than Rahm got a boatload of guaranteed money which is what most big sports stars get not sure why the outrage....

[caniac6]

7 minutes ago, onwrd2vctry said:

The PGA Tour and LIV dropped all lawsuits in anticipation of their future merger correct?  If they are merging then I don't see a big deal here?  Other than Rahm got a boatload of guaranteed money which is what most big sports stars get not sure why the outrage....

Not a done deal, yet.

[Tiptx1122]

24 minutes ago, leezer99 said:

 

I'm not saying it's right or wrong but he has ostracized himself by riding the fence between LIV and the PGA Tour. Jon's problem is that the PGA Tour understands that the game is bigger than him while LIV needs him to keep relevant. You have to remember; Jon only has two majors and 11 wins. DJ, Brooks, Phil and Bubba all have more productive careers than him and the PGA Tour is still chugging along like they never existed. Jon, like the rest of the LIV players, has a huge ego and sense of entitlement that creates a distorted house of mirrors that is hard to get out of. 

Chugging isn't a good term to use as that sounds a bit of well struggling, as why would the need of the TGL or whatever Tiger is trying to start up even get mentioned. I'm not a big fan of LIV but I see the next Ryder Cup allowing LIV player to participate. Not saying it will but it would be nice, Wow just think how many people then would jump ship and leave the PGA Tour for LIV

[imakaveli]

1 hour ago, caniac6 said:

I guess Rahm just screwed his Ryder Cup future.

[Duct Tape]

I know it’s not a done deal, but from the Saudi fund perspective $600 or $300 or whatever is the real million figure seems a large bet on the deal tanking. Or maybe there’s some insider info we haven’t heard yet. 

[Maine Golfer]

Rahm went to college for awhile anyway. You would think he would get the league doesn't make any money and B so far nobody buy's into the teams lol.  

[BlackDiamondPar5]

2 minutes ago, Duct Tape said:

I know it’s not a done deal, but from the Saudi fund perspective $600 or $300 or whatever is the real million figure seems a large bet on the deal tanking. Or maybe there’s some insider info we haven’t heard yet. 

I'm thinking two things. The fake media is just pumping up rumors.  Or/and this is being used as a bargaining by someone to help close the deal between PIF and PGAT.

[RobS]

11 hours ago, Albatross Dreamer said:

I didn't dispute any of the numbers. I simply asked if it's not based on $1.2B now, but that it's based on an average of $200m of revenue or whatever per year. They're two different things. Just trying to clarify how equity works for LIV. Personally I'm indifferent to LIV as I haven't watched a second.

 

Oh wow thanks I didn't know I could ignore you, I'm seeing the world in a whole new way now! Maybe I'll even finally move out of my mommy's house and not have to eat her terrible meatloaf anymore.

 

As far as I know, the terms of the equity deals that some players have received aren't publicly known.  Hypothetically speaking, any compensation a player is given is taxable, cash or equity. If Rahm is given 25% equity (aka stock) in a team, it's taxable at fair market value once it's fully vested.  

If we suspend disbelief and say that a LIV team has a fair market value of $1.2B, and Rahm is fully vested at the time of signing, he potentially owes ordinary income taxes on the $300m value.  If he doesn't immediately vest and has to fulfill a 3 year contract, he has a tax liability on the $300m value the year it vests.  That valuation can be discounted for a number of factors including a lack of marketability but point being, very few forms of compensation are tax free and equity isn't one of them.

Back to reality, I don't think there's a legitimate metric could be used to value a LIV team at $1.2b.  Further, no one with half of a brain is taking taxable compensation in the form of equity based on a fantasy valuation.  Perhaps these equity deals are options, phantom stock, performance units or some other form but that's not what has been portrayed in all of the bluster.

[DoughBack18]

2 hours ago, leezer99 said:

 

Because Rham, like Phil, thinks he is the smartest guy in the room. He is also butt hurt that he's not part of the 'cool club' on the PGA Tour. 

Phil takes a lot of heat for that, and maybe rightfully so. But there are plenty of guys on any tour that think they are the smartest in the room. I don’t think Rory, Woods, Keopka, and countless others are up there like “well shucks, maybe, who knows” with their opinions. At the end of the day these guys are in the top .00001% in the world in their field. Hard not to be that way I’d imagine. 

[aus10KC]

6 hours ago, Cactus Jack said:

The money may not be life changing, but for a guy like Jon the LIV schedule likely is. He’ll know his exact schedule a year in advance, and he can spend more time at home with his family which he has continually said is a priority. He gets to compete, but basically use LIV rounds as paid practice session to prep for the majors. For a guy who prioritizes family and majors above all else, this sounds like a perfect fit. 

 

LIV is a practice/ exhibition for top players with some old stars and field filler? Thank you for saying what we all know to be true!!!

 

 

[leezer99]

25 minutes ago, Tiptx1122 said:

Chugging isn't a good term to use as that sounds a bit of well struggling, as why would the need of the TGL or whatever Tiger is trying to start up even get mentioned. I'm not a big fan of LIV but I see the next Ryder Cup allowing LIV player to participate. Not saying it will but it would be nice, Wow just think how many people then would jump ship and leave the PGA Tour for LIV

 

Semantics aside, if I'm thinking correctly then the number of guys that would jump to LIV would be 48 minus the top 24 that are 'locked', minus the guys from 25 to 44 that have multi year contracts. So what are we looking at... 10? BFD. 

[stryper]

1 hour ago, EyeGolf0307 said:

What does one even do with $600MM? Hopefully ogwr system gets reworked or eventually all these guys will be playing exhibition golf only. 

The PGA tour itself is nothing but exhibition golf. 🤷🏻‍♂️

[aus10KC]

5 minutes ago, stryper said:

The PGA tour itself is nothing but exhibition golf. 🤷🏻‍♂️

 

Define exhibition golf.

 

Paid to show up, not playing for any real stakes.

 

Winners of PGAT event get a master's invite. That's pretty special.

[bscinstnct]

1 hour ago, Stevens24 said:

Well 2 more full weeks off, plus An extra day each week of a LIV tourney since they are 3 days and not 4. So arrive on Weds instead of Tuesday. Works out to 28-30 additional days at home. Seems significant to someone with young children. 

 

Could actually be worse quality of like. Look at this,

 

Vegas then fly to SA

 

Fly to Hong Kong the next week

 

Back to Florida 

 

Fly to Australia, spend 2 weeks there for the event in Singapore 

 

Back to the US then 3 weeks in Europe and back to the US

 

Thats pretty brutal. Those are some long @ss flight times. The pga tour guys have it better, you could argue.

 

Hawaii and Cali in the winter, beautiful. Then back to Florida and then lots of events east coast/texas. 
 

I think Rahmbo is doing this because he’s getting a ton of money and now he thinks liv can be successful in partnership with the pga tour and the franchise thing  could work out. 
 

But he’s not doing it for quality of like, he’s a young guy in his prime working years. 

 

 

Edited December 1, 2023 by bscinstnct