2024 PGA Tour Season

[sagegrouse]

So it looks like Rahm is joining LIV. One report said his deal was $600 million. I just don’t know how to judge these decisions but so far I’ve found the PGA tour events just as enjoyable without the LIV players…

I thought there was a deal to combine all tours in some way.

[mkirsh]

I thought there was a deal to combine all tours in some way.

The "framework" agreement announced in July between the PGA Tour and PIF would theoretically unify golf, but did not have any specifics as to what would actually happen with LIV players and events. But that deal had a 12/31 expiration date, and since then the players have been unhappy and other investors have expressed interest in replacing the PIF, so who know if talks are falling apart. Rahm's timing is certainly interesting - if he banks $650M and the deal goes through he has a substantial windfall with no downside (other than whatever conditions he agreed to as part of his deal and being owned by Saudi Arabia); but if the deal falls through he will be left to playing 54 hole rounds on the CW in shorts and only being seen by the world 4x per year at the majors.

[jv001]

So it looks like Rahm is joining LIV. One report said his deal was $600 million. I just don’t know how to judge these decisions but so far I’ve found the PGA tour events just as enjoyable without the LIV players…

Good. I can now go back to not likening Mr. Rahm again. But not as much as Run Away Elko.

GoDuke!

[mkirsh]

So it looks like Rahm is joining LIV. One report said his deal was $600 million. I just don’t know how to judge these decisions but so far I’ve found the PGA tour events just as enjoyable without the LIV players…

The more I think about this, the less I understand the PIFs motivation to lay out this much money to Rahm. If they are going to merge with the PGA Tour they will get Rahm without paying extra. The only thing that makes sense is if the merger framework with the PGA is falling apart, and this is a flex/threat to say "go with someone else and we will take all your best players" and will also scare away potential other investors in the PGA Tour?

[elvis14]

The "framework" agreement announced in July between the PGA Tour and PIF would theoretically unify golf, but did not have any specifics as to what would actually happen with LIV players and events. But that deal had a 12/31 expiration date, and since then the players have been unhappy and other investors have expressed interest in replacing the PIF, so who know if talks are falling apart. Rahm's timing is certainly interesting - if he banks $650M and the deal goes through he has a substantial windfall with no downside (other than whatever conditions he agreed to as part of his deal and being owned by Saudi Arabia); but if the deal falls through he will be left to playing 54 hole rounds on the CW in shorts and only being seen by the world 4x per year at the majors.

So funny how so many people act like playing a 54 hole event is a bad thing. Also, golf should be played in shorts as much as possible. It so silly to see guys wearing pants when it's hot. I don't think Rahm is going to be upset that he's on the CW with $650m in the bank.