LIV Shutting Down?

14,780 Views | 187 Replies | Last: 4 hrs ago by class of 03
Quinn
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Across twitter last night, rumors started coming out that LIV will be shutting down very soon. This originated with the Monday Q Info account. He is a guy that seems to have some connections based on his reporting and coverage of Monday Qs. No big, mainstream reporters have jumped on the news yet, but a few have danced around it with their posts. Ryan, the Monday Q guy, said he was 99.99% sure it was closing. Will be interesting to see if that's actually the case and what the fallout would be.

zephyr88
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LIV = XFL of golf

It's entertaining, but it doesn't have the prestige of the PGA.
Aggie95
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It's not sustainable now that multiple guys have fled back to PGA Tour

Side note: I'd have my head on a swivel and have my money on tight lockdown. I could very easily see the Saudi's looking to claw back the insane money they paid out….by whatever means necessary
wangus12
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Yeah have to think that means Bryson said no to whatever new contract was in the works and everyone else is like welp lets all leave then
Pignorant
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I wonder if the Iran war has made Saudi rethink unnecessary expenditures.
Habanero Guero
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I wouldn't hate seeing Rahm back on the tour
Houston Astros- 2017 & 2022 World Champs
JCA1
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LIV was never going to be profitable at its burn rate and was only going to exist as long as the Saudis wanted it to. Looks like the Saudis may be tired of setting money on fire.

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.
austinag1997
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JCA1 said:

LIV was never going to be profitable at its burn rate and was only going to exist as long as the Saudis wanted it to. Looks like the Saudis may be tired of setting money on fire.

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.


I don't see the PGA blackballing those guys. I would think that PGA would be elated at a LIV failure.
Bunk Moreland
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I suppose they could still be setting up for something, but it was one guy on the internet making one claim that everyone began jumping straight to 'assuming this is true'

LIV's twitter seems business as usual for this weekend.
Milwaukees Best Light
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What happened to the big dramatic merger of the two leagues from a year or two ago?
class of 03
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This would be a shocking turn of events after the talk of each franchise being worth hundreds of millions. Better grab as much Southern Guard gear as I can.
TecRecAg
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Milwaukees Best Light said:

What happened to the big dramatic merger of the two leagues from a year or two ago?

Like most things, I'm sure lawyers got involved.
98Ag99Grad
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Quote:

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.


Probably have to take the Reed route back if that truly was a one time deal. If they can't play Euro tour events then its a 1 year suspension from the last LIV event they played in.
JCA1
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austinag1997 said:

JCA1 said:

LIV was never going to be profitable at its burn rate and was only going to exist as long as the Saudis wanted it to. Looks like the Saudis may be tired of setting money on fire.

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.


I don't see the PGA blackballing those guys. I would think that PGA would be elated at a LIV failure.


For the fans, sure. But they have their other players to consider as well. The tour offered a "one-time only" path back and Bryson, Rahm passed. I suspect there will still be a pretty significant contingent of players that will want their pound of flesh and will not like the idea of those guys getting their cake and eating it too. Just pointing out the various considerations the tour will have to deal with.

As others said, I suspect they'll have a suspension of some sort then have to play their way back on or something along those lines.
JCA1
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TecRecAg said:

Milwaukees Best Light said:

What happened to the big dramatic merger of the two leagues from a year or two ago?

Like most things, I'm sure lawyers got involved.


More like private equity. When the tour found others willing to invest billions, they essentially dropped negotiations with the PIF.
2wealfth Man
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Pignorant said:

I wonder if the Iran war has made Saudi rethink unnecessary expenditures.

Yep, they are going to have some massive funding needs there in the near term to rebuild infrastructure and stabilize neighbors. I think vanity projects like LIV are off the radar of the PIF for a while. It seems there are internet rumors (take that for what it is worth) that LIV has been removed from PIF's investment portfolio page.
The Milkman
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JCA1 said:

austinag1997 said:

JCA1 said:

LIV was never going to be profitable at its burn rate and was only going to exist as long as the Saudis wanted it to. Looks like the Saudis may be tired of setting money on fire.

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.


I don't see the PGA blackballing those guys. I would think that PGA would be elated at a LIV failure.


For the fans, sure. But they have their other players to consider as well. The tour offered a "one-time only" path back and Bryson, Rahm passed. I suspect there will still be a pretty significant contingent of players that will want their pound of flesh and will not like the idea of those guys getting their cake and eating it too. Just pointing out the various considerations the tour will have to deal with.

As others said, I suspect they'll have a suspension of some sort then have to play their way back on or something along those lines.

The nice thing for the PGA Tour is that theres really only like 3 guys on LIV that matter at all and that the Tour would probably prefer come back (Rahm, Bryson and Tyrell). They can make one off rules and exemptions when you are dealing with only a couple people rather than worrying about "how do we create a path for 30 people to earn a card"
PJYoung
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Sounds like payments have stopped but maybe Mexico was already funded.

This isn't just some rumor.
Bunk Moreland
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Yeah looks like it's picking up more steam how. Reuters saying 'emergency meeting' in NYC

Edit: appears to just reference that same one tweet, Brandel opining as always, and then other outlets saying LIV says business as usual so who knows.
Milwaukees Best Light
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I wonder what Sergio is going to do. He was really vocal about everything when he left. He also kinda sucks now. I don't think he is old enough for the seniors tour and I don't know if they would welcome him anyway. Couple all that with his recent tantrum at Augusta. Dude might be on the Singapore tour.
JCA1
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The Milkman said:

JCA1 said:

austinag1997 said:

JCA1 said:

LIV was never going to be profitable at its burn rate and was only going to exist as long as the Saudis wanted it to. Looks like the Saudis may be tired of setting money on fire.

Assuming this is the end, the PGAT's response will be interesting. They only showed any interest in a couple guys when they opened the window for Bryson, Rahm and Cam Smith to return. And also said that was a one-time deal. Now, they could offer the same deal again (and very well may) but they will have all the leverage.


I don't see the PGA blackballing those guys. I would think that PGA would be elated at a LIV failure.


For the fans, sure. But they have their other players to consider as well. The tour offered a "one-time only" path back and Bryson, Rahm passed. I suspect there will still be a pretty significant contingent of players that will want their pound of flesh and will not like the idea of those guys getting their cake and eating it too. Just pointing out the various considerations the tour will have to deal with.

As others said, I suspect they'll have a suspension of some sort then have to play their way back on or something along those lines.

The nice thing for the PGA Tour is that theres really only like 3 guys on LIV that matter at all and that the Tour would probably prefer come back (Rahm, Bryson and Tyrell). They can make one off rules and exemptions when you are dealing with only a couple people rather than worrying about "how do we create a path for 30 people to earn a card"


Yeah. And that also means 30 guys currently on tour losing their cards. Like you said, it wouldn't surprise me if the couple big names are given a path with some penalty and everyone else is given a penalty and then told to start over; I.e., Korn Ferry.
2wealfth Man
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Juaquin Niemann might be an interesting name
The Milkman
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Milwaukees Best Light said:

I wonder what Sergio is going to do. He was really vocal about everything when he left. He also kinda sucks now. I don't think he is old enough for the seniors tour and I don't know if they would welcome him anyway. Couple all that with his recent tantrum at Augusta. Dude might be on the Singapore tour.


Sergio is in the bucket with Westy, Poulter, Paul Casey and Stenson. Long beyond their prime European that LIV thought would create interest based on name alone rather than skill
safety guy
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Here's what I don't get about the pga players griping about LIV guys coming back. The LIV guys are the ones who took the chance to leave. Sure, they got paid. But them doing this created more payments to pga players, more player say in operations, more opportunities for bigger pay and more opportunities for newer stars to emerge. Guys they should bring back are the past major winners (some of who may be eligible for the champions tour), Hatton, Lieshman, and Nieman. There may be a few others. When the old usfl folded, the nfl did not throw a fit and ban players. They looked at it as a way to get better.
ColoradoMooseHerd
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The USFL was not direct competition as they had a spring summer schedule. And the LIV players that left and Norman were taking direct hits at the PGA and attacking the PGA directly could have directly hurt sponsorships and tv contracts for PGA events. This was a direct attack on the PGA and the players.

LIV made this very personal. Not just an alternative.

Many PGA players understood that the PGA was not perfect but thought what they had was worth protecting. The history, the legacy of the sport and events. Many of the PGA players could have taken LIV payouts but they wanted to defend and build the PGA into a better organization.

I understand wanting to compare it to the USFL/NFL, but the nature of the split was nothing like the other too. Both organizations seemed to want to end the other.
AgOutsideAustin
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Norman got out before they could make him Baghdad Greg !
lazuras_dc
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Bring back AK
Bunk Moreland
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JCA1
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ColoradoMooseHerd said:

The USFL was not direct competition as they had a spring summer schedule. And the LIV players that left and Norman were taking direct hits at the PGA and attacking the PGA directly could have directly hurt sponsorships and tv contracts for PGA events. This was a direct attack on the PGA and the players.

LIV made this very personal. Not just an alternative.

Many PGA players understood that the PGA was not perfect but thought what they had was worth protecting. The history, the legacy of the sport and events. Many of the PGA players could have taken LIV payouts but they wanted to defend and build the PGA into a better organization.

I understand wanting to compare it to the USFL/NFL, but the nature of the split was nothing like the other too. Both organizations seemed to want to end the other.


Yep. If LIV had their way, they would have taken all the stars, become the premier men's tour, and effectively ended the PGAT. No surprise there may still be some hurt feelings.

Everyone took their respective risks and now have to live with it. There was a moment when LIV appeared ascendant and lots made fun of guys who didn't jump on board. This is the flipside of that.
mavsfan4ever
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The LIV players took no chance at all. They were guaranteed huge sums of money upfront and took the cash grab. That's it. They would have been taking a chance if they had gone to some new start up with no guaranteed huge cash payments and then tried to grow a new league. That's not what happened at all. So I don't feel sorry for them at all if they are suspended for a year or have to play their way back on tour.

Although I agree with others that the PGA Tour will likely make it fairly easy for Bryson, Rahm and Tyrell to get back on tour.
The Milkman
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Yeah LIV wasn't just some alternative. They actively sued the PGA tour
safety guy
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ColoradoMooseHerd said:

The USFL was not direct competition as they had a spring summer schedule. And the LIV players that left and Norman were taking direct hits at the PGA and attacking the PGA directly could have directly hurt sponsorships and tv contracts for PGA events. This was a direct attack on the PGA and the players.

LIV made this very personal. Not just an alternative.

Many PGA players understood that the PGA was not perfect but thought what they had was worth protecting. The history, the legacy of the sport and events. Many of the PGA players could have taken LIV payouts but they wanted to defend and build the PGA into a better organization.

I understand wanting to compare it to the USFL/NFL, but the nature of the split was nothing like the other too. Both organizations seemed to want to end the other.


The usfl was a huge competitor to the nfl and even sued the nfl and won a whopping $3. They were signing guys like Doug Williams, Steve young, Jim Kelly, kelvin bryant, Hershel walker and others taking or keeping them out of the nfl. The past pga leadership had gotten stale. The LIV pushed them to make changes which greatly benefited the players. And if the pga were smart, they would have yearly tour stops in Australia and South Africa as those were untapped markets.
JCA1
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LIV did nothing but have a bottomless bag of cash that required nothing in return.

I guess if you consider the Tour having to strongarm its sponsors to pony up more money to hopefully stop LIV from moneywhipping more guys, that's something. But let's not act like it was some business savant that showed the tour the way. It was basically a trust fund baby.
tricker10
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PJYoung said:

Sounds like payments have stopped but maybe Mexico was already funded.

This isn't just some rumor.


I hope not. I have a decent invoice scheduled for payment this Friday. Worked with them (multiple teams) for about 4 years. This would be a bummer.
HeyAbbott
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Most of the LIV players bring very little value for the PGA Tour. Sergio should be banned from golf forever. The few top players on LIV will be reinstated on the PGA Tour with significant financial contributions before becoming eligible to play.
 
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