Hosts analyze LIV Golf's impact on PGA Tour (Part 2)
From The Shotgun Start
LIV GolfPGA TourLitigationGolf IndustrySports Analysis
Transcript
Positive boosting of Jay's handling of the. Of the situation going on right now because he got rid of the litigation with the framework agreement. Now he totally lost credibility, like you said. He lost control of the messaging coming out of that. It seemed like, like Michael Klein and those other. Like the, the. The document dump, like the live people sort of controlled the framing of that as a merger and these other things that. That it wasn't. But in the end, this sort of disposing of litigation there was a massive. Probably enabled the PGA Tour to navigate the way they have in the subsequent years and not actually have to consummate the agreement on terms that weren't appealing to them. You could even argue that the Tour might have not had a future if that litigation had continued. Not necessarily from. But, you know, you talk to a lot of legal experts and, you know, you get a lot of opinions, but for the most part, it was like kind of a consensus that the Tor was going to win this battle. And yet the money that was costing, I mean, it was at an unsustainable pace. Like we're talking within like six to ten months of that litigation continuing. And that's like a total. What if that deal doesn't happen? But yeah, I think the reserves were a lot drier than even at the time we thought. So, yeah. Now, if that was their main intention, I don't know. But it was certainly the main upshot of that, that deal is that it did save. It saved their financial future, without a doubt. You had a tweet today and Sujit tweeted earlier reported, you know, that certain agents and hangers on had complicated the B.C. partners process in the last, I don't know, few days and weeks. And you had a piece of commentary on that. History will say golf schism was the money and greed, but they only lit the flame. The fire came from the dumbest agents and players in golf who mistook their own reflection for genius, which is, you know, that's why you're a writer. You're good with words there. Do you feel like sort of golf's decentralized nature. Right. Allowed the lack of guardrails, the deregulation. It is very decentralized. Right. There's all these different organizations. The players are, quote, unquote, independent contractors. They've got these agents. Let sort of what I've.