imagine running a business and actually making the decision to go into business with MBS

The PGA gave him 3M last year for coming 10th in the PIP rankings.

The goal posts keep shifting for you people, 5 out of the 10 most popular players from the PGA tour last year are now LIV. After the playoffs and Presidents Cup Smith, Scott, Leishman, Hedeki and probably a few more names will be going as well.

what's driving your passion for such a shitty product shifty? what's really going on here? does men's professional golf and its future viability as an attractive product factor into your thinking or is this feelings and emotions based for you?

Maybe because other sports sign players past their peak to huge contracts?

Some people enjoy watching the world burn. There simply is no logical reason to prefer watching a LIV exhibition at this point

What makes you think they are irrational?

revots will chime in obv, but he's possibly talking about irrational in traditional, capitalistic business terms -- i.e. looking to turn a profit and make money

the PGA Tour has already stated they can't compete with an entity that doesn't exist in a traditional, capitalistic business environment (and who could, right)

PGA Tour is a non-profit company.

your point exactly?

Large non profits are often quite profitable, are run like businesses and pay some tax (sometimes a considerable amount)

And pay their executives insane amounts of money. One of the main purposes of NGOs these days is making their top people rich. Jay Monahan, who claimed he was forgoing his pay when the pandemic started in early 2020, made $14.1 million that year. That is just an insane amount of money, but less than Roger Goodell. LOL. Only one tour player made more that year than the commish. I don't mind people getting paid good salaries, but this stuff is nuts. No wonder he is shitting his pants over LIV.

My point is that as a non-profit/not for profit, the PGA Tour receives a huge benefit compared to for-profit companies. In truth most of the fundraising is done at the local level, and without that I doubt they would be able to be considered tax exempt. Even the local orgs contribute only about 15% of their revenue to charities, with the rest going to prize money and promotion (both of which benefits the tour).

Had a discussion with some friends and we were trying to relate the LIV / PGA Tour thing to Star Wars.

Emperor = Norman
Vader = Phil
Luke = Rory
Leia = Amanda
Obi Wan = Tiger
Yoda = Jack

Pat Perez probably the luckiest guy on the planet. Journeyman player on the downswing of his career, somehow ends up on the best Liv team. Playing like crap again at +5, tied for 35th, but set to make another milly or so.

Best part is the team scoring doesn't even use all scores. It's the best 2 (and I think the best 3 for round 3). Which means Perez could literally shoot 90 every round and probably average close to a $million per event.

He probably thinks he deserves it.

yeah, none of this addresses the point i made

Doesn't matter if the PGA is set up as a non profit or not. They still need to earn enough revenue vs. expenses to stay in operation, or else they go bankrupt. Most private colleges in the US are non profits for example. But they still go out of business sometimes.

LIV on the other hand does not need to worry about this. The pile of money is almost limitless and they don't care if they make a return.

Currently they have billions in outflows to sign people, pay staff, run tournaments, etc. Their revenue is essentially zero. Any other startup would need to have a path to profitability to justify the massive early losses. LIV has no path and doesn't need one.

I guess it's possible they think that by spending billions and billions they can essentially replace the PGA Tour and make big money later on. But it doesn't really matter either way, which is why they can throw $50million at an old/injured Bubba and not give a s**t how or if he plays.

I just realized what Liv Golf's business strategy reminds me of

My first thought was..... wait... LIV is paying Bubba, as opposed to the other way around??

That is only somewhat in jest. Considering there is no cut and there is guaranteed money, and doing a projection of his future income if he stayed on the tour vrs going to LIV, I am guessing his agent and/or financial advisor could make a case that Bubba paying a fee to LIV would still make it +EV for Bubba.

This further demonstrates how warped their model is, in that not only is there no concern about revenue, they could care less about grossly overpaying on expenditures.

I'd been saying since the beginning that LIV is the defacto MAGA golf league, and people were saying to keep the politics out of a golf thread. And then I read this unsurprising story about this week's LIV event:



And let's not forget Trump spouting more conspiracy theories about how "no one has gotten to the bottom of 9/11 yet".

But yeah, just a coincidence though that LIV is partnered with Trump for several of their tournaments. Couldn't be that they are intentionally branding themselves as the anti-woke MAGA league.

Big win by the 4 Aces today!

This scene is... surreal.

https://twitter.com/JustBirny/status...UU-Fk-32w&s=19

the most simple explanation is funneling money towards certain political pawns

I actually really like the team idea. It's interesting to follow and has some good potential for sports betting. The PGA tour should really do something like this.


I entered a couple dfs lineups for LIV this week for fun. It's pretty crazy how much it swings with everyone on the course at the same time kind of feels like playing zoom poker.