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


iacas

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I was expecting the Happy Gilmore fight scene. 

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Scott

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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. 

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-- Daniel

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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.😄

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1 hour ago, Vinsk said:

Soooo, Reed’s a douche bag.😄

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

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Craig
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8 hours ago, DeadMan said:

Klayman probably should not be allowed to practice law anymore. 

Is that the guy who sued his own mother? 

Vishal S.

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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 :-D TBH, I got a chuckle out of it 🤷🏼‍♂️

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gettyimages-53395013-e1551650343941.jpg?

The field for the Pro-Member is often the envy of many Tour stops.
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Erik J. Barzeski —  I knock a ball. It goes in a gopher hole. 🏌🏼‍♂️
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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. 

-- Daniel

In my bag: :callaway: Paradym :callaway: Epic Flash 3.5W (16 degrees)

:callaway: Rogue Pro 3-PW :edel: SMS Wedges - V-Grind (48, 54, 58):edel: Putter

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8 hours ago, iacas said:
gettyimages-53395013-e1551650343941.jpg?

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.

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Scott

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13 hours ago, iacas said:
gettyimages-53395013-e1551650343941.jpg?

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!!!!)

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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.

"Witty golf quote."

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1 hour ago, guitarget said:
GettyImages-1155513819.jpg

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.

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But then again, what the hell do I know?

Rich - in name only

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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.

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Erik J. Barzeski —  I knock a ball. It goes in a gopher hole. 🏌🏼‍♂️
Director of Instruction Golf Evolution • Owner, The Sand Trap .com • AuthorLowest Score Wins
Golf Digest "Best Young Teachers in America" 2016-17 & "Best in State" 2017-20 • WNY Section PGA Teacher of the Year 2019 :edel: :true_linkswear:

Check Out: New Topics | TST Blog | Golf Terms | Instructional Content | Analyzr | 5SK.com | LSW | Instructional Droplets

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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. 

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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. 

"Witty golf quote."

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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.

Erik J. Barzeski —  I knock a ball. It goes in a gopher hole. 🏌🏼‍♂️
Director of Instruction Golf Evolution • Owner, The Sand Trap .com • AuthorLowest Score Wins
Golf Digest "Best Young Teachers in America" 2016-17 & "Best in State" 2017-20 • WNY Section PGA Teacher of the Year 2019 :edel: :true_linkswear:

Check Out: New Topics | TST Blog | Golf Terms | Instructional Content | Analyzr | 5SK.com | LSW | Instructional Droplets

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  • iacas changed the title to LIV Golf (Saudi PIF), "Mergers," and More
  • iacas changed the title to PGA Tour Merges With Liv Golf

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    • This is an interesting explanation from Mike Whan on why he wants this rollback:  
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    • I'm thinking about it this way - 4% of 6300 is 250 yards. If I play a set of tees that are 250 yards longer than my norm, the course rating combined with slope usually goes up about a stroke, so my expectation is that it'll make the course a stroke harder. I'll be 65 by then, so it'll be an excuse to move forward. No big deal. It feels like this is similar to the square grooves issue - remember that one - big todo over very little.
    • If you play the same tees (course length). Expect to hit one 1-2 clubs more into every green. Probably closer to two. You will lose about 8-10 off every driver hit. You will then lose about 4-6 yards off every full swing iron shot. So, about 12-16 yards of total distance loss on each hole.  If you hit 9 irons into a par 4, you will hit 8 or 7 iron. A long par 4 now, where you hit 5 irons, you may need to hit a hybrid or fairway wood. Those par 5's you use to barely reach in two, you now do not reach at all.   If you play a 6000 yard course, you may need to move to a 5700 yardage to play the course the same way, having the same irons into the greens. 
    • I haven't been here in several years, but I know that there are a lot of serious golfers here, so I thought this would be a good place to ask this question.  Forgive me if it's been asked before.   How will the rollback affect the average casual golfer who can on average hit his driver about 200 yards?   The reason I ask is because I am getting older, and I think if I was forced to give up distance because of this ball rollback, I might just quit playing.  And I think a lot of people would agree with me.    
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