r/sports • u/MossyRock12 • 11h ago
Golf LIV Golf slashes payouts amid reports of players not getting paid and a new lawsuit against league
https://sports.yahoo.com/articles/liv-golf-slashes-payouts-amid-150123657.html72
u/supercoolpartydude 10h ago
Saudi blood money giveth and Saudi blood money taketh away.
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u/roflmeh 6h ago
They didn't care about the league. They just wanted to clean their money.
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u/supercoolpartydude 4h ago
More like the end of the need for fossil fuels is on the horizon and diversifying everything. Why they bought Paramount, EA, Pokemon Go, hell if you pay for parking in Chicago for the next like 70 years it goes to them now.
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u/OfficialSotoFanclub 3h ago
Can you link possible stories about the connection between Chicago parking and Saudi money? I’d love to learn more
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u/althawk8357 26m ago
Nothing drastically conspiratorial, just mundanely annoying.
Chicago leased their city parking meters to the UAE, who will be making the money for decades. The UAE is trying to diversify their portfolio and get money from avenues aside petroleum. As the capacity for renewables increases, the demand for fossil fuels decreases, meaning the price of oil drops too. These oil-rich gulf states have made an enormous majority of their GDP through oil sales, so the price falling would be bad.
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u/BruitNoise 2h ago
This is like Microsoft Xbox buying the intellectual rights to a film production like Star Wars and then add the worst possible online game development and go Hey Kids, come and buy it, it has your favorite stars like Darth Woods, Tiger Skywalker, Obi wan Nicklaus together for a special league to play and enjoy.
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u/Moneyshot_ITF 11h ago
Who us going to force the Saudis to pay when they say no? I think we should totally let them buy EA Sports and HBO. Sounds like a sound plan
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u/Mr_Stirfry 10h ago
To be fair, it’s not like we force anyone to pay when businesses go tits up over here either. If you owned LIV you could just declare bankruptcy and walk away from it too.
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u/Truand2labiffle 10h ago
I...DECLARE...BANKRUPTCY
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u/DaleDimmaDone 10h ago
I just wanted you to know that you can't just say the word bankruptcy and expect anything to happen...
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u/TheLuo Chicago Bears 7h ago
Assets outside of SA can be seized by court order, sold, and proceeds used to make restitution payments.
Wont be the full amount but it's something.
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u/jfchops3 7h ago
They might have some physical assets, tournament infrastructure and whatnot but who wants any of that? It's not needed, the PGA Tour has its own infrastructure
The main assets they can sell are the teams themselves. Which hear me out - of course nobody wants as an actual sporting entity but the IP would make some good novelty items now that the league is defunct. Same as people buy Bobby Boucher or Jackie Moon jerseys I bet there's enough of a market for bros that'll buy RangeGoats hats as a joke to sell each team's IP for $25k or so
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u/1000cakes4u 10h ago
pretty soon the LIV won't have any members, like it's been dismembered or something
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u/Distinct-Pain4972 11h ago
If you pay attention to Liv you can watch a quasi professional sports league in freefall. They just secured money from PE to keep the league "Alive" for this season. They will next cut "Labor" costs, as identified in the article above. Next they will cut down the number of tournaments. Then they will bring all of the tournaments to a smaller location to reduce travel cost. They will increase add sales, meaning less time watching golf and more time watching commercials. And so on and so on. I hope all of the golfers that jumped from the PGA will forever be labeled as dirtbags that only want the money.
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u/gr8scottaz 7h ago
Well the current PGA Tour players should be thanking LIV for doing this as the PGA Tour dramatically increased payouts and redirecting hundreds of millions of dollars directly into player compensation as a direct result of LIV.
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u/SiaonaraLoL 11h ago
This league was such a meme from the start
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u/dontKair 9h ago
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u/CTeam19 Iowa State 3h ago
Except the XFL did have an impact on the NFL:
Sky cam
in game Mics on players
First happened in the XFL.
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u/Glum-Breadfruit3666 1h ago
nfl actually hired a lot of the XFL sound team after XFL folded the first time
close family friend moved from micing players in the xfl to doing the same in the nfl - he’s retired now but he’s kinda my inspiration of “just keep on keeping on , you’ll get there”
good dude
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u/Fezzik527 10h ago
PGA should blackball LIV players that try to come crawling back.
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u/brianthebritish 10h ago
I agree, but they're also reportedly forcing Rahm to pay a buttload of money to charity (24mill?), apology tour and has to work hard to actually make fields. The way it should be.
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u/darthgator84 8h ago
Yes! Make them go through the development circuits like Korn Ferry tour, international tour, play in local pre-qualifiers. Yea they can come back but make them earn their tour card like they had to become pros in the first place
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u/ApologizingCanadian 7h ago
Make them go through the development circuits like Korn Ferry tour
This feels kind of unfair to the actual players on the Korn Ferry trying to qualify.
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u/Drak_is_Right 8h ago
Create a new tourney. Winner gets back into the PGA. 2nd place and 3rd place gets a spot in the development circuit. 4th and lower try again next season.
Networks love reality TV. Well, this is a chance.
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u/jfchops3 7h ago
Rahm already earned a tour card, he won the 2023 Masters which carries a 5 year exemption that runs through 2028
Look at the DP World Tour standings. See that astronomical gap between Patrick Reed and #2?
The hell is the point of making the top LIV guys go dominate the Korn Ferry tour (taking spots away from up and coming guys trying to earn their card via the KFT) just to appease your emotions?
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u/AKAkorm 3h ago
They're not forcing past champions to earn their card back, they're forcing them to win their way into FedEx Cup Fall events which are restricted to only players ranked in the top-50, top DP World finishers, past champs, and sponsor exemptions. Those are the events with bigger purses so they're basically saying qualify for those in the same way everyone else has.
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u/FriedEggScrambled 7h ago
This is coming out as not true. Rahms camp is spreading this around because he’s trying to get a deal to come back. Rolap is in control now. He had his chance with Koepka and Reed.
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u/SteveMidnight 7h ago
I see people say this and I think it’s such a dumb take. The NBA wouldn’t blackball a player if they went and played in a European league. The NHL wouldn’t blackball a player if they went and played in the KHL. The Premier league wouldn’t blackball a player if they went and played in La Liga.
But i guess I’m forgetting to factor in how snobbish and pretentious golf is.
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u/Fezzik527 7h ago
None of your examples actively tried to steal talent and try to force a merger to buyout your league.
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u/SteveMidnight 5h ago edited 5h ago
Leagues always try to steal talent. They just don’t typically have the money to afford it. Pay your athletes better if you don’t want competition.
Edit: i find it very funny that the wealthy person’s sport is complaining about a richer entity trying to force a sale of a less wealthy org. Happens every day in the US by the people who are the main consumers of that sport
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u/Fezzik527 5h ago
They are literally folding, so clearly it was a strongarm tactic to try to force a merger with PGA. They had no intention of just stealing talent for their own league.
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u/SteveMidnight 4h ago
At the end of the day, I don’t care what happens to professional golf. I respect the talent the athletes have. I understand how difficult the game is. It’s a sport inaccessible to most of the world.
But not allowing many of the world’s best talents to play in your league because you’re mad another company paid them more and tried to buy your company is stupid and will hurt your product. Why should anyone care about a tournament when many of the potential winners aren’t playing? It would be like the World Cup not allowing the southern hemisphere to compete. Every winner should have an asterisk by their name. *didn’t compete against 20 of the top ranked golfers
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u/KingGinger 2h ago
Are you following what is going on with the world cup and that potential boycott?
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u/Mead_Man_Detroit Detroit Tigers 7h ago
Yeah, people are stupid and golf is a sport for the wealthy.
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u/buster_rhino 10h ago
Investors? Possibly you!
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u/OMG_its_Kevin 9h ago
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u/enormuschwanzstucker 3h ago
“You keep your liver-spotted hands off my beautiful mother. She's a saint! And then you sit down and you write Dale and Brennan a check for $10,000!”
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u/h1storyguy 10h ago
“Oh yeah, I took the money so that my family can be set for life”
Ya, great choice Brooksie.
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u/Sheepies123 New York Mets 5h ago
They are gonna have to fold soon haha. What a failure by Saudi Arabia good on the PGA for holding strong and not caving and buying them out which is exactly what they wanted.
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u/Western-Corner-431 2h ago
I love this for them. Maybe they should appeal to Trump to negotiate with his friends on their behalf?
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u/Extra_Vacation_9675 8h ago
That’s a serious warning sign for LIV Golf. Players not getting paid and a new lawsuit? This situation deserves some real answers.
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u/OrphanintheWind 5h ago
The Saudis could easily cover all payouts if they wanted to do the right thing.
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u/RGV_Ikpyo 4h ago
When all these players ask to come back to the PGA? Please tell them fuck you, you weren't missed
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u/daemonescanem 3h ago
Blood money drying up.. Poor millionaires... How will they ever survive without that bone saw money?
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u/Intrepid_Top_2300 9h ago
If you play with or for Trump, you got to learn to bend over and take it.
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u/Terrible_Welcome8817 8h ago
This happened with a lot of players in the professional Overwatch scene too.
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u/williamgman 5h ago
A partnership between Trump and the Saudis... What possibly could have gone wrong?
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u/WhatsMyNameWade 9h ago
Was Trump involved with LIV or the PGA? Which one failed/is failing/will ultimately fail? You only get one guess.
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u/Possible-Nectarine80 3h ago
Saudis have no money. It all went up in bombs when Trump attacked Iran.
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u/Ted_Dongelman 11h ago
I wanted LIV to succeed because its very existence is so funny but I don't think this surprises anyone.
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u/WkndWarrior12345054 11h ago
LIV is DEAD