johnnydoom There's money, big money, and buy your own paradise island money.
I know, but how does he walk back all the shit he said? What a dork......
johnnydoom There's money, big money, and buy your own paradise island money.
I know, but how does he walk back all the shit he said? What a dork......
DonM He seems like an earnest person
I'll agree with the earnest part, but I think he was more earnest about catching the top spot in the PIP payout; which he did since the press was lapping all that up.
Couldn't read the article, but saw a clip of Rory last night talking about it on a football show. Eamon Lynch put it best. The moral argument lost last June when the PGA Tour made an agreement with the Saudis. Greed won.
There were some other good points made. One being the private equity sports consortium doesn't care about saving the PGA Tour. They just care about making a return on their investment.
And right now no one knows what's going to happen.
Lol. It is a hell of a long way from 'if LIV were the only place to play I would retire' to 'sounds like it would be fun' (speaking of team golf with LIV).
First time I’ve ever seen our local CW put LIV on! Yay!
With the rain at the PGA event, I’m watching LIV today. I’ve watched it a bit so far this year.
It’s just… not… interesting. The same guys every time, and a lot of them are second rate. The team thing does nothing for me. The parts of the music that get transmitted are just thumping noise.
I don’t care about the political stuff, the product is no damn good. Even if they get a couple more top players, I don’t think it can be salvaged.
I can’t see how it survives in this format. Can they keep throwing money at it? Sure! But will anyone watch?
I find all golf boring other than the Ryder Cup and last round s of the majors. Can't imagine ever watching LIV. Although LIV has pretty much all the guys I would have any interest in watching, Koepka, Phil, DJ, Bryson.
DonM I can’t see how it survives in this format. Can they keep throwing money at it? Sure! But will anyone watch?
I have no interest it. There's plenty of other golf for me to watch. Golf isn't big enough to have two competing leagues without over saturating the market. That said we'll see if they eventually come to some sort of deal.
Anyway, here's the numbers.
LIV generated $100 million in revenue during 2023 with an estimated $3 million return from TV.
The PGA Tour has a $5 billion media deal with NBC, CBS, Warner Bros, Discovery and ESPN until 2030. They also have another $5 billion in revenue thru sponsorship deals with FedEx, AT&T and Mastercard.
LIV didn't have many revenue options. LIV expected the big names to attract sponsors. But haven't achieved much success. Also, reports state that LIV's expenses have hit nearly $2 billion in it's first two seasons.
LIV's deal with CW generated ~ $3 million while the PGA Tour earned ~ $700 million via the traditional model.
I guess i'm the odd man out, because I find LIV generally more worth watching than the PGA Tour. I watch golf to see swings and to see shots. On the LIV broadcasts I get to watch about three times as many shots as they show on the PGA tour.