Really sucks for the middle of the pack guys who stuck with the PGA instead of taking a 20 million paycheck for one year off the tour.
LIV and PGA Tour Merging
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Last: 1 yr ago by Hub `93
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
EAD Rory and all the hypocrites
Rory to the range goats.
Thing is - Monahan is compensated/bonused very much on "# of playing opportunities" - so ramping up the # of events, and field sizes was not only in his best interest, but was at the very least one of his primary responsibilities.aggiedent said:
I think the PGA tour spread themselves a little too thin by having too many tournaments, some of which had leaderboards comprised of no-names and also rans.
They would be better served to maintain and improve their core tournaments that attract the big names.
Go listen to the NLU podcast with the DP World Tour commish - serving the membership from top to bottom is a very hard job.
It sounds like Rory and all the PGAT players were blindsided by this and this was all Monahan's doing. It will be interesting to hear how this has developed. If Monahan did this all on his own without telling anyone, he'll get run out of town.AustinCountyAg said:
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
By who? By the players? LOLMarauder Blue 6 said:It sounds like Rory and all the PGAT players were blindsided by this and this was all Monahan's doing. It will be interesting to hear how this has developed. If Monahan did this all on his own without telling anyone, he'll get run out of town.AustinCountyAg said:
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
Monahan now bows to the house of saud.
Lol
Who said they would/could go anywhere?
I said they would be upset
Who said they would/could go anywhere?
I said they would be upset
Wasn't there a little bit of a news story when Rory was asked about LIV at the press conference before the Memorial this past weekend? If I remember correctly Rory was asked about LIV again and he pretty much denied to comment about it and said he wants to focus on the tournament and he was tired of speaking about LIV. I remember there were people surprised that he just declined to talk about it at all and were wondering if something had changed.
One could easily surmise that he might have been made aware about the talks and was told or advised to stand down on his rhetoric?
One could easily surmise that he might have been made aware about the talks and was told or advised to stand down on his rhetoric?
I can't imagine he was in the loop on something this confidential. More likely he was just fatigued about the subject.
Aggie369 said:
Lol
Who said they would/could go anywhere?
I said they would be upset
Touche.
"Go listen to the NLU podcast with the DP World Tour commish - serving the membership from top to bottom is a very hard job."
I agree with that. Thing is, where does the interest in the PGA tour (fan interest, which translates to sponsor dollars and TV contracts, etc etc.) come from? The top. 5% of the players attract 99% of the interest, and hence, generate the vast majority of the revenue. In modern day golf, the Tiger Woods effect.
I know they want to grow the game and provide more chances for everyone (DEI has invaded golf too), but they have to remember where their bread is buttered.
Don't water down your product!!
I agree with that. Thing is, where does the interest in the PGA tour (fan interest, which translates to sponsor dollars and TV contracts, etc etc.) come from? The top. 5% of the players attract 99% of the interest, and hence, generate the vast majority of the revenue. In modern day golf, the Tiger Woods effect.
I know they want to grow the game and provide more chances for everyone (DEI has invaded golf too), but they have to remember where their bread is buttered.
Don't water down your product!!
AustinCountyAg said:
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
They had a choice before. They no longer have that choice.
has anyone put out a pod worth listening to on today's news yet?
zgolfz85 said:
has anyone put out a pod worth listening to on today's news yet?
Fore Play has.
Im looking for Ray Finkle.... and a clean pair of shorts. Im just a very big Finkle fan. This is my Graceland, sir.
MAGA
MAGA
No laying up will go live at 6 I believe. They'll be the best to listen to.
Is Rory alive?
Shotgun Start put theirs up already. Mentioned that they received text (unconfirmed) that Tiger and Rory didn't know about this.
Edit:
Edit:
This was such a secretive deal made that @PGATOUR players found out just today including @McIlroyRory who sits on the Tour Policy Board.
— Todd Lewis (@ToddLewisGC) June 6, 2023
nice, thanks dudes
It was reported that only the PIF guy, Monahan and Jimmy Dunne were in the know.
He works for the players. If they're as pissed as it sounds, he's gone.AggieDruggist89 said:By who? By the players? LOLMarauder Blue 6 said:It sounds like Rory and all the PGAT players were blindsided by this and this was all Monahan's doing. It will be interesting to hear how this has developed. If Monahan did this all on his own without telling anyone, he'll get run out of town.AustinCountyAg said:
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
Monahan now bows to the house of saud.
I wonder if Tiger was truly left out of the loop or if he's still just keeping it silent that he knew? Same thing with Jack Nicklaus? He's extremely involved still. I do buy that Rory may have been left out.
I think there is a 40% chance the PGAT players blow this deal up. If I was in their shoes I would want to hear from the lawyers who represent the PGAT and their opinion on likely hood of success in the pending litigation. What is going to be done with the $$$ that PFI is paying to the PGAT and how that money will be distributed, if any is going to be distributed.
Way too many questions still to be answered for the players to have a vote any time soon IMO.
Extremely interesting. I would pay $$$ to be able to attend that meeting. Hope Jay has saved for retirement because he could be out of a job.
Way too many questions still to be answered for the players to have a vote any time soon IMO.
Extremely interesting. I would pay $$$ to be able to attend that meeting. Hope Jay has saved for retirement because he could be out of a job.
Not so fast. He must have secured a lot of money or secured his job some how while working on the agreements and governance.Marauder Blue 6 said:He works for the players. If they're as pissed as it sounds, he's gone.AggieDruggist89 said:By who? By the players? LOLMarauder Blue 6 said:It sounds like Rory and all the PGAT players were blindsided by this and this was all Monahan's doing. It will be interesting to hear how this has developed. If Monahan did this all on his own without telling anyone, he'll get run out of town.AustinCountyAg said:
Yes, but will Rory and all his sheep just decline the tournament winnings since it's "Saudi money"???
EAD Rory and all the hypocrites
Monahan now bows to the house of saud.
No way Monahan does this with out some security blanket. He knew players would want his head for this.
Starting to think that Monahan is being set up as a sacrificial lamb.
I'm guessing Monahan walked into the meeting today and told them that the PIF was prepared to infuse a couple billion dollars. So, the choice is--add a couple billion dollars to our coffers or continue to spend millions in litigation and then have to try and go strong arm everyone we can find for the couple billion we would pass up if we don't take the deal. End of the day, I highly doubt the players will forego literal billions because they're ticked.SW AG80 said:
I think there is a 40% chance the PGAT players blow this deal up. If I was in their shoes I would want to hear from the lawyers who represent the PGAT and their opinion on likely hood of success in the pending litigation. What is going to be done with the $$$ that PFI is paying to the PGAT and how that money will be distributed, if any is going to be distributed.
Way too many questions still to be answered for the players to have a vote any time soon IMO.
Extremely interesting. I would pay $$$ to be able to attend that meeting. Hope Jay has saved for retirement because he could be out of a job.
There's just no scenario where there's more money in blowing up the deal.
He will get paid either way. He will just be one of the LIV execs or PIF.bagger05 said:
Starting to think that Monahan is being set up as a sacrificial lamb.
He was a major factor in making this happen.
Monahan's gonna be ok - it's believed that his 2022 compensation was >$14Million.
Some interesting thoughts from Nathan Hubbard (Podcasts for the Ringer, former CEO, brother is on Tour):
1)Being Chairman of a board you don’t control is a lot like being the King of England.
— Nathan Hubbard (@NathanCHubbard) June 6, 2023
There aren’t details because this is a peace treaty that stops the bloodshed. Details tbd.
The Saudis got rights to invest capital and a face saving board position. The PGA tour got control.
2) Who “won” will depend very much on perspective. If it’s about money, the LIV guys won! And Phil gets credit for elevating the financial opportunity for all players regardless of tour.
— Nathan Hubbard (@NathanCHubbard) June 6, 2023
3) But the Tour and Monihan appear to come out stronger here. In hindsight I suspect this is going to feel a lot like the Instagram acquisition by Facebook - it will go from “they paid $1Bn, it will kill the company!!!” to “how did they only pay $1Bn, it saved the company!?”
— Nathan Hubbard (@NathanCHubbard) June 6, 2023
1)Best guess:
— Nathan Hubbard (@NathanCHubbard) June 6, 2023
Tours stay the same for now and will look for ways to cross pollinate.
Saudi investment is to cover ongoing losses at LIV.
Some value clearly ascribed to Saudis/LIV in merger, but with Tour in control and keeping 501c status, not clear how they’d get liquidity.
2) Ryder Cup peace.
— Nathan Hubbard (@NathanCHubbard) June 6, 2023
Schedules are shifted to not conflict.
Top players from each tour get exemptions to appear.
LIV team owners make $0.
Saudis are equivalent of a minority owner of a sports team w/a board seat. (Not nothing!)
Anything more would’ve required player input.
I agree there is no more money on blowing up the deal.
How much are the players' principles worth?
Just think how pissed Aggies were when Sankey went behind our back. And we did not have personal involvement in the outcome of what the SEC did. These players have personal involvement from the money they could make to where they have to go to play for this money.
I'm just really interested in how this turns out. Personally I don't want to watch team golf on a regular basis on the tour nor do I want guaranteed purses. That is why the only professional sports I watch are golf and rodeo.
How much are the players' principles worth?
Just think how pissed Aggies were when Sankey went behind our back. And we did not have personal involvement in the outcome of what the SEC did. These players have personal involvement from the money they could make to where they have to go to play for this money.
I'm just really interested in how this turns out. Personally I don't want to watch team golf on a regular basis on the tour nor do I want guaranteed purses. That is why the only professional sports I watch are golf and rodeo.
Well I'm glad we got the perspective of the dude who only watches golf and rodeo
Can someone turn this video into a face swap of pga/LIV like they did for the SEC and Texas/ou
Also…
The LIV players taking the $$$ and coming back to the PGA Tour pic.twitter.com/FmIXlfOdox
— PGA/LIV Hot Takes (@PGALIVHotTakes) June 6, 2023
No doubt he will be paid, but he is coming out of this deal looking like a real ass.
He was the one who led the charge on stonewalling any cooperation with LIV at the outset.
He was the one leveraging the 9/11 families against LIV
He was the one trying to galvanize the stars to stay in the name of tradition
He was the one brokering the changes to the tour and the enhanced events and all that
Now he's completely reversed course on everything he's been saying for a year. AND he's getting a $7.5MM/yr raise thanks to a deal that he brokered in secret with the people he said were the enemy.
On the surface it looks like he can simply be bought. Hard to see him having much credibility moving forward.
Even if he shows that this is really a good deal for the players in the long run, I still think it'd be easier for the PGAT to move forward if they fired him. I think the best thing for the PGAT is probably a "fresh start" and that'd be hard to do with Monahan still around.
Don't see what the argument would be for keeping him around.
He was the one who led the charge on stonewalling any cooperation with LIV at the outset.
He was the one leveraging the 9/11 families against LIV
He was the one trying to galvanize the stars to stay in the name of tradition
He was the one brokering the changes to the tour and the enhanced events and all that
Now he's completely reversed course on everything he's been saying for a year. AND he's getting a $7.5MM/yr raise thanks to a deal that he brokered in secret with the people he said were the enemy.
On the surface it looks like he can simply be bought. Hard to see him having much credibility moving forward.
Even if he shows that this is really a good deal for the players in the long run, I still think it'd be easier for the PGAT to move forward if they fired him. I think the best thing for the PGAT is probably a "fresh start" and that'd be hard to do with Monahan still around.
Don't see what the argument would be for keeping him around.
Those are more akin to what 99.9% of what each of us do or did. No one said I will pay you $500,000 a year no matter whether you perform well or not.
No, most of us ate what we killed. And I like that about the PGAT. And PRCA.
No, most of us ate what we killed. And I like that about the PGAT. And PRCA.
SW AG80 said:
I agree there is no more money on blowing up the deal.
How much are the players' principles worth?
Just think how pissed Aggies were when Sankey went behind our back. And we did not have personal involvement in the outcome of what the SEC did. These players have personal involvement from the money they could make to where they have to go to play for this money.
I'm just really interested in how this turns out. Personally I don't want to watch team golf on a regular basis on the tour nor do I want guaranteed purses. That is why the only professional sports I watch are golf and rodeo.
Just a guess but I think the PGA tour going forward stays pretty much the same as it was going to be yesterday.
Like they've done with other sports, PIF wanted a seat at the table of professional golf and was willing to lose money in the short term to do so. However, they weren't willing to lose money in perpetuity. LIV got them in the door but it was losing money left and right with really no signs of turning that around. I'm guessing the PIF doesn't really care which golf league they back as long as it has a chance of being solvent. So they proposed throwing their billions behind the Tour and the DP rather than using that money to fight them. Whether LIV exists in a couple years is going to be an interesting question. My guess is they fold it and put their money behind the Tours that actually have fanbases. But that's just a guess. After today, who knows what lies ahead.