They had to do something like this. Who knows where it goes from here. Again, the only way the PGA Tour can compete with the LIV model is for them to end being a charitable non profit.
Super League Predictions
- Edited
Sneakylong I'd have to look up all the Federal rules on non-profits, but I thought you had to be at $0 at year's end. And they have not been with all that money in their pockets.
- Edited
Brooks Koekpa jumps to LIV.....
PGA announces new format for the top 50, can we say dollars???
All the moral indignation, the glorious history, the legacy, seems to be fading ...????.... why else are we seeing the top 50 being shown the money...
- Edited
Not sure how all that works. The PGA Tour charitable contributions include all donations / contributions given locally at each tournament. How the money gets donated varies with each tournament earmarking where the money goes.
- Edited
Par4QC Then again, who's to say this was not a smart move on JT, Rory, and other's part to be mouthy. Maybe they knew it 'would work'.??
Rory has taken on the mantle of being the John Snow (Game of Thrones reference) of the PGA Tour. Not sure who Greg Norman would be. Maybe the Night King. lol
- Edited
Sneakylong Real question is, how do they use 'charitable contributions' to beef up purses? imo, they can't, so where, all of the sudden, did they find all this money?? These golfers must be blind. All that TV money has been just sitting around.
Sneakylong Like I said, at $80M/yr. in 'unearned' money, he can afford to be mouthy. Give me just $80k/yr. and I will even badmouth you and everyone here.
If I haven't already.
Par4QC 'unearned'
He earns his money (as long as he doesn't say or do anything that might get his sponsors boycotted).
- Edited
johnnydoom uh, everyone has to wear clothes. Esp. on course. Why is Walmart not paying me?
And if it's because of his name, ferchrissakes, my name is the biggest in U.S. history.....Smith!!
- Edited
Not quite the $600 billion the Saudi Tour has, but certainly not chump change. Lol
https://www.golfdigest.com/story/pga-tour-announces-nine-year-media-deals-with-cbs-nbc-and-espn/amp
Par4QC but I thought you had to be at $0 at year's end.
I think they are allowed to have several years of operating expenses tucked away. There are always many ways to spend money of course. If the execs salaries already look high, the organization can lease them all Mercedes cars and pay for expensive "retreats". There are varying definitions of profit.
So one of the things I enjoyed about the PGA Tour is that the players had to earn their paychecks. If they had a bad year they did not get paid as much(from the events). See if you would get a MLB, NFL MLB or NHL player to commit to that. I admired this aspect of the sport. With LIV this is no longer the case. I get it from a players perspective but as a fan, I have lost respect for those making the move to LIV.
- Edited
Maybe professional golf has "Jumped the 
"
Mattyv the players had to earn their paychecks
Technically, yes, but in reality, that concept disappeared ages ago, when the big name sponsors started paying big money. The players are rich as long as the sponsors pay for outside the ropes commitments.
Fowler has done jack shit his entire career and he could live off what he has now, and then some, from Puma alone.
Also, I keep reading that LIV members have to "sign up" or sign a contract for a certain amount of events or years?
Does that mean if they don't live up to their billing, these contracts don't get renewed or offered up again?
As in, they lose their LIV tour card (as there is no publicly stated minimum standard of qualification so far) to be on that tour.
If so, they would certainly have to earn their next contract offer, just like all the Pro Sports basically do.
Spuzz Technically, yes, but in reality, that concept disappeared ages ago, when the big name sponsors started paying big money. The players are rich as long as the sponsors pay for outside the ropes commitments.
Fowler has done jack shit his entire career and he could live off what he has now, and then some, from Puma alone.
I think that you're selling Fowler short - yes, his recent play has been disappointing, but he has some significant achievements as a professional golfer, from earning his tour card through Q-school, to winning 5 events on the PGA Tour (and 2 more on the European Tour), representing the US on multiple Ryder and Presidents Cup teams, contending at several majors. He's been very successful at bringing money in through sponsorship (and probably more successful in that area than on the golf course), but he's made a pretty good living from his achievements on the golf course too.
(Info taken from Wikipedia: https://en.wikipedia.org/wiki/Rickie_Fowler)
Most players have to earn the right to continue to play on Tour each year, but successful players end up earning significant exemptions, to the point where someone like Fowler whose level of play has dropped off will still have full playing rights for several years - any Tour win gives a 2-year exemption (or longer for multiple wins or victories in the most important tournaments), there are additional exemptions for players in the top 25 and top 50 of the career money list - and other ways to be able to play in events in addition to this (injury exemptions, sponsor invites, etc.) To give an extreme example, if Tiger Woods had been so significantly affected by his injuries after winning the US Open in 2008 that he was incapable of making a cut, he would have been fully exempt on the PGA Tour through the 2015 season (5 years for the US Open win, 2 additional years from his position on the career earnings list).