LIV Golf (Saudi PIF), "Mergers," and More

[boogielicious]

I was expecting the Happy Gilmore fight scene. 

[DeadMan]

8 hours ago, Vinsk said:

So Reed has Rory served a subpoena on Christmas Eve then expects him to shake his hand on the course? Absolute douche bag. 

The subpoena actually isn't related to Reed's case. Reed's lawyer is suing the PGA Tour in a different case, and the lawyer served the subpoena on Rory for that case.

To be fair, Reed using that lawyer - Larry Klayman - in the first place says only bad things. Klayman probably should not be allowed to practice law anymore. 

[Vinsk]

6 hours ago, DeadMan said:

The subpoena actually isn't related to Reed's case. Reed's lawyer is suing the PGA Tour in a different case, and the lawyer served the subpoena on Rory for that case.

To be fair, Reed using that lawyer - Larry Klayman - in the first place says only bad things. Klayman probably should not be allowed to practice law anymore. 

Soooo, Reed’s a douche bag.😄

[mcanadiens]

11 minutes ago, Vinsk said:

Soooo, Reed’s a douche bag.😄

He can't believe you just wrote that. 

[Missouri Swede]

1 hour ago, Vinsk said:

Soooo, Reed’s a douche bag.😄

Expect a visitor with some paperwork for you in the near future.

[GolfLug]

8 hours ago, DeadMan said:

Klayman probably should not be allowed to practice law anymore. 

Is that the guy who sued his own mother? 

[mdl]

22 hours ago, Vinsk said:

I get what you’re saying. But it’s pretty easy to believe. Media [People] loves this stuff.

Minor correction TBH, I got a chuckle out of it 🤷🏼‍♂️

[iacas]

LIV Golf players unwelcome at prestigious Seminole Pro-Member event

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The field for the Pro-Member is often the envy of many Tour stops.

[DeadMan]

6 hours ago, GolfLug said:

Is that the guy who sued his own mother? 

Yep! And I think that’s low on the list of bad shit he’s pulled, too. 

[boogielicious]

8 hours ago, iacas said:

LIV Golf players unwelcome at prestigious Seminole Pro-Member event

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The field for the Pro-Member is often the envy of many Tour stops.

Dunne has been pretty vocal about LIV and I agree with him.

[Elmer]

13 hours ago, iacas said:

LIV Golf players unwelcome at prestigious Seminole Pro-Member event

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The field for the Pro-Member is often the envy of many Tour stops.

"Dunne is veteran Wall Street figure who lost scores of friends in the September 11 terrorist attack on the World Trade Center, where his company Sandler O’Neill (now known as Piper Sandler) was based. "

“These guys had a choice to make, but they’ve made it. That’s it."

Have to say it is nice to see someone stick to their convictions. 
The LIV guys made a choice, they can live with it! (Ha see what I did there!!!!)

[Aguirre]

Of course three of the LIV events this coming year are at Trump properties.

On 1/12/2023 at 8:18 AM, Aguirre said:

Yes, excellent article. Also reminds me of how I'm less interested in the results of professional golf than I've been since I was a teenager. Which, unfortunately, was three decades ago. I'll be there for the majors. Everything else? Maybe not.

Okay after saying that I've watched a ton of PGA Tour golf. Maybe it's just that it's January in PA, maybe I just fooled myself on how much on how much I'm interested.

[guitarget]

Butch Harmon: Tour players who have been vocal against LIV ‘ought to thank them’

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Butch Harmon, on the Five Clubs podcast this week, said PGA Tour players who have been vocal against LIV Golf “ought to thank them.”

 

[turtleback]

1 hour ago, guitarget said:

Butch Harmon: Tour players who have been vocal against LIV ‘ought to thank them’

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Butch Harmon, on the Five Clubs podcast this week, said PGA Tour players who have been vocal against LIV Golf “ought to thank them.”

 

Dumb analysis.  The problem with LIV has nothing to do with the AMOUNT of money, it is with the SOURCE of the money.

[iacas]

3 hours ago, turtleback said:

Dumb analysis.  The problem with LIV has nothing to do with the AMOUNT of money, it is with the SOURCE of the money.

Additionally, purses were going to go up anyway. The TV deal is bringing more new money in.

[BlackDiamondPar5]

2 hours ago, iacas said:

Additionally, purses were going to go up anyway. The TV deal is bringing more new money in.

Given that TV golf ratings have been declining for 20plus years, it would seem the PGAT succeeded in delivering for their members. That's a fact that escapes their critics. 

[Aguirre]

Also something that's being missed in the coverage of PGA Tour purses is that it's just a reallocation. The bottom players get more in guarantees, the top players will get more in bigger money events, and the middle class will get squeezed a bit. 

[iacas]

5 hours ago, Aguirre said:

The bottom players get more in guarantees,

How do you figure?

The middle class on the PGA Tour stand to make even more.