PGA and LIV announce merger today.....stopping all litiagtion.

[BurntJ]

Seems some of us said to go take the money.....b/c it wont be there when the 2 merge.


https://www.espn.com/golf/story/_/id/37805785/pga-tour-liv-golf-dp-world-tour-announce-merger


@denn

 

[22*43*51]

 

[22*43*51]

 

[22*43*51]

 

[Hoppo]

• PIF will make a capital investment into the new entity to facilitate its growth and success.
• PIF will initially be the exclusive investor in the new entity
• Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour.

The PGA Tour is appointing the majority of board members in the new entity, but with PIF money pulling the strings there I'm not sure how meaningful that is. Looks a lot the Saudis just acquired the PGA Tour.

 

[22*43*51]

 

[AC2021]

Crazy times!

 

[AgEngDawg]

This is the deal that the USFL wanted with the NFL, but failed to get.

 

[AgEngDawg]

So the LIV players got freaking paid and the guys who stuck by the PGA get shafted?

 

[22*43*51]

 

[22*43*51]

Fuck Rory.

 

[22*43*51]

 

[22*43*51]

So, Trump negotiated peace in the Middle East.

Again.

 

[22*43*51]

 

[22*43*51]

 

[22*43*51]

 

[22*43*51]

 

[22*43*51]

 

[22*43*51]

 

[AgEngDawg]

 

[ChicagoFats]

Chamblee might just off himself today

 

[AgEngDawg]

Could some liberal judge throw a wrench into this?

Chamblee might just off himself today

Brooks Koepka buries Brandel Chamblee with four words after LIV Golf-PGA Tour merger

“Welfare Check on Chamblee,” Koepka tweeted.

nypost.com

 

[imprimis]

I'm guessing there will be more litigation if any of the players are denied re-entry to the PGA. That should have been a given in the agreement.

 

[ChicagoFats]

Could some liberal judge throw a wrench into this?

Brooks Koepka buries Brandel Chamblee with four words after LIV Golf-PGA Tour merger

“Welfare Check on Chamblee,” Koepka tweeted.

nypost.com

This was a settlement, so it was settled outside the courtoom?

I suppose there could be some anti-trust lawsuit or something?

 

[Goldhedge]

Meet the new boss, same as the old boss?? Who, or what is PIF?

 

[ChicagoFats]

I'm guessing there will be more litigation if any of the players are denied re-entry to the PGA. That should have been a given in the agreement.

Yeah, it would be strange if those players rejoining the tour was not a part of the settlement.

 

[imprimis]

Yeah, it would be strange if those players rejoining the tour was not a part of the settlement.

Or if they have to pay back any of the money to rejoin.

 

[22*43*51]

 

[denn]

Seems some of us said to go take the money.....b/c it wont be there when the 2 merge.


https://www.espn.com/golf/story/_/id/37805785/pga-tour-liv-golf-dp-world-tour-announce-merger


@denn

Some of sure did say that. Looks like Be Ahn may be a little salty about that.

 

[denn]

Chamblee, lol. He is a try too hard turd. Of course he was wrong about the LIV. He was wrong to go after everyone he did in regards to wanting a better paying job. He was never a great tour player but boy does he talk like he was. No respect for that guy.

I think I now understand why Rory started to come off of his high horse a bit in regards to LIV. My guess is he knew and was told to tone it down. I am also guessing Phil knew and why he was more vocal and coy lately.

 

[denn]

So the LIV players got freaking paid and the guys who stuck by the PGA get shafted?

No , they also lost a lot of friends with their petulance towards them.

 

[AmericanViking]

So the LIV players got freaking paid and the guys who stuck by the PGA get shafted?

Sad to say but that’s as American as apple pie these days.

 

[ETNVol]

Or if they have to pay back any of the money to rejoin.

They may have to pay a fine, but it'll be a pittance compared to what they got from LIV.

 

[ETNVol]

So the LIV players got freaking paid and the guys who stuck by the PGA get shafted?

They took a smart risk, and it paid off.

The biggest loser was Tiger. If the rumors are true, he turned down $1 billion.

IMO, Tiger will attempt to buy the PGAT in a few years or start his own league. I think his "e-golf" league is a trial run for the real thing.

 

[denn]

They took a smart risk, and it paid off.

The biggest loser was Tiger. If the rumors are true, he turned down $1 billion.

IMO, Tiger will attempt to buy the PGAT in a few years or start his own league. I think his "e-golf" league is a trial run for the real thing.

The price of the tour just jumped up big time today. Guessing in order to do that he will need some other deep pocketed people to join him.

I believe the biggest losers, no so much from a $$ perspective but from a show yourself perspective, are all those guys who threw away life long friendships because their "friend" took a better paying job. They all acted like spoiled brats, Especially Rory and even guys like Fred Couples showed their dooshiness (and Couples can be a big time doosh bag without trashing fellow players.) Imagine being such a princess that you won't be friends with someone who took a job better for their own career?

 

[Goldhedge]

 

[Dolphincock]

DAAAAAMMMMMMMNNNN

 

[Taggart]

 

[imprimis]

All the LIV did was usher in free agency into pro golf. Strange people were against that but in favor of free agency in the other pro sports and the transfer portal in professional college sports.

 

[denn]

All the LIV did was usher in free agency into pro golf. Strange people were against that but in favor of free agency in the other pro sports and the transfer portal in professional college sports.

It had to happen. Guaranteed contracts in the mold of what LIV started was as well. Funny it took the Saudis to make that even more clear. The major tours, until now, have fought against it.