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PGA and LIV to merge

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  #16  
Old 06-06-2023, 06:07 PM
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The “facts” are in the details. Wait, we don’t know the details of this merger yet.
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Old 06-06-2023, 06:28 PM
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Originally Posted by Caymus View Post
Monahan did not come off well during the CNBC interview today.

How much control does he have over PGA decisions? He seems like an empty suit.
I didn't see the interview. He's the man and makes all the calls. He essentially answers to no one.

He's a local guy from Boston and a lot of my friends know him. I've met his father a few times. "Empty suits" apparently run in the family.

He's been a disaster, since the day he took over the PGA Tour, in my opinion..

When all the truth comes out about this merger, it's going to be all about ending the litigation, to keep the "truth" from becoming public.

The PGA Tour is a 501(c)6 corporation (tax exempt, non-profit), with over $500,000,000 in cash reserves, revenue of over $2B/year, pay their CEO $10M/year and they don't pay any taxes.

(The new "merger" corporation is not going to be "non-profit")
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Old 06-07-2023, 04:13 AM
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Originally Posted by justjim View Post
The “facts” are in the details. Wait, we don’t know the details of this merger yet.
Agree. Not all mergers are created equal. Real curious to see the details on the this one.
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Old 06-07-2023, 04:37 AM
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It is definitely going to get major pushback from this group:

9/11 families feel 'betrayed' by PGA Tour over LIV Golf merger
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Old 06-07-2023, 05:50 AM
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Originally Posted by Caymus View Post
A few months ago, they hated each other. Now it is pure love and potentially more $$$$

PGA Tour agrees to merge with Saudi-backed rival LIV Golf.
As of this morning, this is the only source I can find, who's reporting on the Player's Meeting, that was held at 4 pm, yesterday.
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  #21  
Old 06-07-2023, 05:55 AM
Rwirish Rwirish is offline
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Golf loses and Monahan and Norman look like idiots. Norman finds out minutes before the announcement that the leagues are merging.

The big winner - money.
  #22  
Old 06-07-2023, 06:12 AM
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Hopefully they will stop all the loud music during play.
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Old 06-07-2023, 06:16 AM
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Originally Posted by Caymus View Post
A few months ago, they hated each other. Now it is pure love and potentially more $$$$

PGA Tour agrees to merge with Saudi-backed rival LIV Golf.
Guessing it’s now ok to blast my cart speakers playing Def Leopard around TV golf courses?
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  #24  
Old 06-07-2023, 06:19 AM
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Originally Posted by Mrfriendly View Post
Guessing it’s now ok to blast my cart speakers playing Def Leopard around TV golf courses?
Unless it violates Florida's 25 foot law regarding music from a vehicle. If it is technically legal, then you just have to worry about being "practice target"
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Old 06-07-2023, 06:20 AM
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Quote:
Originally Posted by Rwirish View Post
Norman finds out minutes before the announcement that the leagues are merging.
Fact or speculation???

Golf Channel said they heard............has it been reported as fact??
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Old 06-07-2023, 06:22 AM
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Quote:
Originally Posted by BrianL99 View Post
As of this morning, this is the only source I can find, who's reporting on the Player's Meeting, that was held at 4 pm, yesterday.
Fascinating stuff. Learning here https://www.youtube.com/watch?v=QW-72ngDMXo&t=18s about "policy boards" and the screwy way that "power" is allocated. Kind of goes along with the overriding basis of my absurdist philosophy about human nature/existence - power gets abused. Now, "how" power gets concentrated into so few hands *is* interesting, but something that shall likely always be beyond my understanding.

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Old 06-07-2023, 06:36 AM
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Quote:
Originally Posted by dewilson58 View Post
Fact or speculation???

Golf Channel said they heard............has it been reported as fact??
Found this: LIV Golf CEO Greg Norman 'NOT expected to have a role in the PGA Tour merger' | Daily Mail Online
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Old 06-07-2023, 07:09 AM
airstreamingypsy airstreamingypsy is offline
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Quote:
Originally Posted by Golfer222 View Post
Bet Tiger and Rory not very happy with PGA. They turned down 800 and 500 million respectively trying to do the right thing. Defended the PGA at every turn.
I said to my friend last night, maybe Tiger will start his own league.
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  #29  
Old 06-07-2023, 07:14 AM
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Quote:
Originally Posted by dewilson58 View Post
Fact or speculation???

Golf Channel said they heard............has it been reported as fact??
Fact. Yasir stated this in the CNBC interview. He said all stakeholders, including Norman, were notified minutes prior to the interview.
  #30  
Old 06-07-2023, 07:16 AM
SHIBUMI SHIBUMI is offline
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Democracy and ethics are just a smoke screen. In the end, the golden rule always wins.
Why would anyone think otherwise ...we got caught sleeping.... Its a new world order and we are all just pawns to be sacrificed to protect the king...sit back and enjoy the ride
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