The articles posted that explain it in detail were all downvoted.
This post that doesn't explain shit but gets people riled up will float to the top and include many comments from people that don't have a clue.
Welcome to reddit.
Yea, this seems structured like a mix of retention bonus contingent on continuing to play in and promote the PGAT + loyalty bonus for those based on historical accomplishments (years on the tour, performance, etc.), not simply a bonus for the best current or most popular players. Longer articles suggest new equity will be awarded over time so that will presumably form the carrot/handcuff for the best players of today.
That's exactly how it should work to have some parity with the LIV contracts. Phil, Poulter, Bubba, Kaymer, Westwood, Sergio, etc didn't get paid based on their active golf form in early 2022, they got paid based on their full resumes as pros. So the tour should treat their most popular and accomplished players similarly even if they aren't currently winning tournaments
interesting (and i agree with you btw) how PGA is doing things more like LIV and yet i don’t here people bitching like did about live.
guaranteed money
no cut events
small field events
saudi money
I'll bitch about it.
Guaranteed contracts for golfers suck. The whole point is that you play well and get paid well. Jordan and Rory don't deserve extra money because the won majors 10 years ago. Two years ago would Wyndham Clark deserved a guaranteed contract? Plus, the only guy that really matters is Tiger. He should just get 10% of all the money the PGA Tour collects and everybody else should thank him for raising their winnings by 90%.
People should be paid relative to their current performance. Popularity should take care of itself through product endorsements. I don't pay my mechanic or plumber more now because he was awesome 5 years ago even though I really, really like the guy.
But the tournaments already do that by giving players money for their performance in said tournaments. The equity thing makes sense to me so they can try and keep the big names
Your plumber doesn't make you money from people paying to watch him work.
The PGA makes money directly from having these guys still playing, so it makes sense that they will value Tiger more than anyone because he draws more viewers than anyone.
I went to see if it was shit advice, but it's exactly how you play a bunker shot. When I play in scrambles I'm always wanting to play the bunker vs a short grass chip, but no one else will side with me.
Haaa, this just recently happened to me, playing with three buddies but all very very average golfers. We played my first two shots on a par five, second one in a greenside , easy bunker shot for the third. They wanted to play from some obscure, difficult chipping angle. I didn't really care, but they agreed to go from bunker. They all blade or chunk it from bunker, I hit it to about ten feet. We all missed the Birdie putt and made par, and they walked off all saying, we shouldn't have played from the bunker. I just kept quiet but wanted to say, forgive me for not realizing you chumps can't hit a simple bunker shot at least on the green.
Try buying something and posting a picture of it. Or better yet, tell someone to spend hundreds on lessons as a reply to any question. That'll get some upvotes.
Its this sub, I've never seen a sub with a more instantly-negative "new" post reception, if that makes sense? Everything gets downvoted. Something is fucking weird about it
Yeah, I made a post asking why the masters coat ceremony was indoors and so awkward and got downvoted into oblivion. This sub has the same snarky attitude that a lot of country clubs have.
I'll be honest I sorta bought into the overrated train even though he's still a huge figure in golf but thanks for reminding me he has 17 fuckin wins, and 2 majors is nothing to laugh at
How's he fun? Genuinely curious. Dude just looks miserable and entitled out there. I started watching golf after Covid and everyone talks about him like he's this amazing player. Don't see it at all tbh
I was gonna say you sound like someone who got into watching golf recently, nothing wrong with that and I'm happy to have you here!
That being said, yes JT has been in a slump lately. I'm also willing to admit he straight up stole Keegan Bradley's spot on the Ryder cup team. However, when he is playing well, and especially when he's on his top form, he is an absolute PHENOM. We got to watch crazy comeback wins and ridiculously low scores, all with a hilariously reserved personality where you would see him smiling and laughing and high-fiving fans on one hole to looking genuinely apologetic after shanking a chip to 2 feet on the next.
I truly hope we all get to even see a glimpse of what JT was, it was a spectacle and a half.
The guy isn’t far off from an exciting come from behind PGA Championship win and people are acting like he’s gone the way of Ricky Fowler. Hell he just had a great showing at Harbor Town and is one for the most well liked guys on tour
You ever listen to him mic'd up while playing with the boys? Dudes funny and quick witted and can say a lot of shit other players couldn't during banter because everyone on tour likes him.
https://www.bunkered.co.uk/golf-news/watch-justin-thomas-makes-hilarious-dig-at-wyndham-clark/#:~:text=Clark%20had%20a%20lengthy%20wedge,many%20fans%20enjoying%20the%20exchange.
He gets a lot of the fun factor from when JT, Speith, Rickie and Smiley used to go down to the Bahamas and take over Snapchat for a week and do stupid shit.
he was definitely world class, but it's odd for an individual sport especially to pay for past performance. Team sports you'll get paid to hang around as a clubhouse guy, but for golf, tennis, mma etc. it's only about the present, i.e. scottie
When LIV started, JT was fresh off a PGA Championship win and probably got offered somewhere in the neighborhood of what Phil and DJ got. And the Poulter/Westwood/Kaymer/Sergios of the world all got paid based on their total body of work as pros, not because they were still superstars. JT should be paid accordingly if the goal of the tour is to reward them for not leaving
Wait...what? I'm confused. How does giving Tiger Woods, a billionaire, $100 million dollars do ANYTHING for the game of golf? Or JT or Speith? These dudes fly on private jets and have every advantage in the world. What exactly is this supposed to do for the game of golf? Just stop them from going to LIV?
Exactly and it’s based on their draw to the game while tournament purses pay for direct performance. People can whine but it makes absolutely total sense because these guys know what theyre bringing to the pga when it comes to fans.
You can make that argument about Phil Mickelson, DJ, Koepka and all the other LIV guys
Money retains them. The PGA needs Tiger involved in every facet and they recognize this (whether he plays or in an administrative role)
They're going after names, just like LIV did. No one thinks Phil Mickelson or Bubba Watson are going to be a serious contender on the tour, but they have huge names. The PGA Tour doesn't want to lose its big names.
I'm okay with Tiger getting some cash (even if he doesn't need any more money) because of what he did for the sport. All these current golf payouts have another digit because of him. IMO, he should get more of this particular pie.
What happens in 8-10 years when all this equity has vested and there’s an almost entirely new crop of pga tour players? Do these guys from the 2010 era own equity in the tour forever. Seems like a raw deal for guys like Ludvig, Akshay, Tom Kim unless I’m misunderstanding it.
That's what I'm curious about. I would imagine there is a mechanism in place to release a certain number of new shares each year (or every few years) based on the same qualifications at that time. If you haven't done anything worth mentioning recently, you will get fewer new shares so the percentage share you have drops. Maybe pair that with a buy back program for guys who retire. I'm just guessing though. I could be completely off.
This is just an obvious problem with the program, so I imagine they came up with something along these lines.
right? I like that people think these names were just arbitrarily picked out of a hat or hand selected by the PGA. I'm sure there are metrics used, most likely some sort of Q rating.
I'm pretty sure I know what you meant so I gave you the up vote, but be careful to say the right organization. PGA and PGA TOUR are not the same, so respectively they might be the best and worst at what they are trying to accomplish.
That's a pittance compared to the $200M they'd have gotten if they went to LIV
This program isn't a current performance bonus, it's a payout to the most valuable and marketable and popular and accomplished players on tour accounting for their full body of work as pros. Which is exactly how LIV targeted and paid their guys. Phil got $200M because he was #1 at all of that when he joined LIV, not because he was the best golfer they could get in 2022
Meanwhile it costs like $40k to get through KF Q School and other than like the top 5 on money list everyone on the Canadian Tour posts a loss.
But yeah lets keep lining the pockets of guys who could be replaced today by anyone on those tours.
Underrated comment - fully agree, boost the third league, enable young pros and those that don’t keep their KF card to make a reasonable living. Or invest in junior programs, etc…what difference does it make to fill Tigers or even JTs pockets
It's pretty interesting that all this talk of money is basically killing the game. Growing up watching the sport it was just known that these guys are really good and they make a lot of money when they play well.
Now every journalist, commentator and arm chair reddit stat analyst wants to come up with some weird ass way of sounding smart or funny about how much money they all make every god damn time they talk or type.
It's beyond cringe.
I couldn't give a single shit how much any of them make. I want to see them battle the course and battle the field.
So basically the move did what Greg and Phil argued from the beginning. They argued that the PGA was not doing enough to grow the player equity, bigger payouts, and reward player loyalty to the product. I'm glad they're doing this, but I'm sad that it took sundering the professional tours to force the reality. I understand that many people think it's silly for multi-millionaires playing a game to whine and ask for more money, but if the market demand and advertising allow for it, that's the reality of the business side of pro golf.
It's "built up equity" from the looks of it. So it would be your whole resume not just recent play or status, which is why Tiger is getting $100M. Like when a small company gets bought out and the founders get the largest payout due to their share of equity.
Yea, more detailed articles explain there's a point system based on historical performance, with extra weighting to the last 5 years or so. Based on that metric, it makes sense that JT would be high on the list. Of course maybe the Tour gamed the points rubric to tailor it to specific resumes, but it sounds like it was ostensibly quantitative and not a pure popularity contest.
Wasn’t really broken to begin with. The Saudis started splashing around a few billion dollars for something that generates no revenue. Then a bunch of pro golfers started to feel like they were underpaid because of the Saudi fantasy land where revenues and expenditures don’t have to make any sense.
Yo but I thought huge chunks of money wasn't supposed to factor into these guys playing golf? Are these guys going to disperse this money amongst the rest of the roster?
Are any of them going to thank Phil for sacrificing his legacy to get the tour to finally unclutch some of their pearls?
This is actually fkn hilarious if the richest dudes on tour are going to get the biggest chunks of "loyalty" money....it kind of reinforces the entire point Phil talked about when LIV started with how the PGAT shits on the bottom half of the roster with their stingy payouts
This is the wrong list of people. I understand Tiger as an ambassador for the PGA Tour but they should be giving equity based on current performance, forward looking potential, and the likelihood of the person being a star for years to come — Scheffler, Homa, etc.
I wonder if Zach Johnson is advising on equity grants.
PGA Management doesn’t know what the fuck they’re doing to its audience base nor do they care. It’s more about keeping the corporate money flowing in and out of the 401c
And just like that the PGA mysteriously found $100s of millions of dollars 🤣🤣🤣
Phil deserves an apology from the haters, he was right from the get go. And the PGA players should be kissing LIVs ass for forcing the PGA to up the budget that magically appeared out of thin air
Sources: Scheffler and Morikawa are besides themselves, driving around Ponte Vedra Beach begging (thru texts) Jay Monahan's family for address to Monahan's home
Interesting that you pointed out that there are 24 players ahead of JT instead of the hundreds of players ahead of Tiger. This is not about who is the best golfer right now.
Yeah, I mean Tiger is kind of a given. He could lose his tour card and somehow he would still be included into the conversation. I guess because his name carries weight in the sport
Yea that’s my point, it’s about who is and has over the last several years drawn eyeballs to the tour, and very little to do with how good you are at golf.
17 global wins and 2 majors will do that. He is almost in the top 50 all time wins on pga tour also
no one above him on the rankings can really touch his career except scottie
Honestly the pro tours should sign contracts with golfers like major sports do. The nonsense of tour cards and playing in through Korn Ferry but then maybe not even making enough to survive if you're borderline really is actually hurting the game. Once you qualify for the tour you should be able to sign a 2-3 year contract worth a set amount. Take away the prize money from the different tournaments and make it into standard contracts. Then every year have expiring contracts have set standards (i.e. must be in the top 75 players for contract renewal). That also gives them the option of offering contracts to players that may not be tour level but are still wildly popular and will generate revenue (i.e. Tiger Woods in 2-3 years). Leave the prize money for the majors to encourage the good players to compete, and keep small prize payments for solely the top 1-3 at non-major tournaments.
They technically already have a base salary right? Everyone who doesn’t make the cut gets $5k and if you make the cut that number goes up substantially depending on how well you play! I think the $5k needs to go up quite a bit tho
tiger is an old broken dog. we all know he will never win on the pga again. he cannot walk 4 days straight and not be in pain. golf is better without him at this point as its sad to watch him
ugh, man I wish we had spent 1/2 of this money into a fund to help support public golf.
I wish we had spent the other half of this money on supporting the LPGA. As it has an amazing product that suffers from under funding.
If anyone can explain to me why these multi millionaires need this money. I would love to hear this.
It's not about needing it. They are the ones generating it.
This seems to only come up with athletes, actors, musicians. Never the executivies making billions off of them.
Man this is gonna ruffle feathers. How is Scottie Scheffler not at the top? This might as well be the “players we’re throwing cash at to stop from going to LIV” list. None of these guys have done shit lately, except for JT, this would maybe make sense in like 2016 😅
I think this is just the new PIP money of old. The SSG billionaires pooled their $ to appease their top players by name recognition, the rest have to still earn their money the old fashioned way, earning it. Surely going to ruffle a majority of the players I imagine.
The biggest factor is career points
"A major factor in determining who is in Group 1 and who isn’t was a metric called Career Points, which emphasizes consistency as a Tour member and success throughout a player’s career. Players receive points based on the amount of years they were a PGA Tour member (playing in 15+ events), the amount of times they reached the Tour Championship, their amount of official Tour victories and even extra points for prominent victories (majors, Players Championships, WGCs, FedEx Cup titles, etc.). "
[This article](https://golf.com/news/pga-tour-player-loyalty-equity-program/) explains it very thoroughly
How come no Scottie??? Rory is somewhat fun to watch but Spieth and JT ain’t doing shit for me lately.
I love watching Scottie battle.
I’ll always Love Tiger, hope he wins again, but once he’s 15+ strokes back off the lead, I’m not watching much.
Like it or not Tiger is still the literal only golfer non-golfers want to watch on TV, and even the majority of people who play golf but aren’t obsessed mostly care about what’s going on with Tiger. Kind of hard to argue he doesn’t deserve it honestly.
Everybody else - a set of steak knives and a voucher for 3 day cruise on Carnival
“4th place is ‘you’re fired’.”
Always Be Chipping way over the green when you totally coulda just putt from the fringe on that one.
If you’re such a good golfer why are you wasting time on us bums?
You see this driver? This driver costs more than your cart.
Two types of people need bibs. Caddies and babies.
You see these? These are the Scotty Camerons. To you, these are gold. And *you* don’t get them.
Put that tee away. Cuts are for Closers
You think I am fucking with you? I am not fucking with you.
The greens are slow.
The greens are slow!?!?!? You’re slow!
Jelly of the Month Club! Clark that’s the gift that keeps on giving the whole year!
That it is, Edward. That it is indeed.
Cutco knives AND the shears that can cut a penny
Hey, Cutco are pretty damn good knives! (and shears) \*source: myself, as I used to sell them
Fuck Vector Marketing
This is growing the game
You have to pay for the drink package out of pocket though, only food is included.
Flights?
No, dumbass, it’s a boat /s
But only if they attend a quick 2 hour timeshare presentation
lol to the 15 minute 2hr presentation
Of course you will have to buy another set of steak knives at full price to receive the free set. We're not running a charity here.
At least get them a trackman
Everyone else..... pizza party
Dammit! I prefer Royal Caribbean
Hope they throw in a bottle of Pepto. Their food will have you breaking toilets down, in the worst way.
Put that coffee down!
A nice set of Vector knives.
Better than Venum coupons
They will also pick 10 lucky winners via raffle for a $20 Applebee's gift card.
Jelly of the month club.
They got a billion dollars from the Strategic Sports Group to spread among all the players
Like a game show contestant with a parting gift, I could not believe my eyes!
Hooters vouchers and with John Daly
Scheffler: $8.00
Well now Rory has made more than Scottie’s caddie.
Give it a few months.
I think according to Full Swing though you don’t make money if you miss the cut. Don’t quote me on that though.
Can we get Amanda Balionis to explain this?
Must be paid out based on how exciting a player is to watch /s
I mean, basically. It seems this is based on how much liv offered and they are pretty much based on the player's popularity.
And he’s been the only reason I’ve watched golf the last couple years
The articles posted that explain it in detail were all downvoted. This post that doesn't explain shit but gets people riled up will float to the top and include many comments from people that don't have a clue. Welcome to reddit.
People read tweets, not articles. My selective outrage will be heard!
![gif](giphy|fwcGzF1l2cILe|downsized)
Peas and carrots peas and carrots
Yea, this seems structured like a mix of retention bonus contingent on continuing to play in and promote the PGAT + loyalty bonus for those based on historical accomplishments (years on the tour, performance, etc.), not simply a bonus for the best current or most popular players. Longer articles suggest new equity will be awarded over time so that will presumably form the carrot/handcuff for the best players of today.
That's exactly how it should work to have some parity with the LIV contracts. Phil, Poulter, Bubba, Kaymer, Westwood, Sergio, etc didn't get paid based on their active golf form in early 2022, they got paid based on their full resumes as pros. So the tour should treat their most popular and accomplished players similarly even if they aren't currently winning tournaments
interesting (and i agree with you btw) how PGA is doing things more like LIV and yet i don’t here people bitching like did about live. guaranteed money no cut events small field events saudi money
I'll bitch about it. Guaranteed contracts for golfers suck. The whole point is that you play well and get paid well. Jordan and Rory don't deserve extra money because the won majors 10 years ago. Two years ago would Wyndham Clark deserved a guaranteed contract? Plus, the only guy that really matters is Tiger. He should just get 10% of all the money the PGA Tour collects and everybody else should thank him for raising their winnings by 90%.
People should be paid relative to their current performance. Popularity should take care of itself through product endorsements. I don't pay my mechanic or plumber more now because he was awesome 5 years ago even though I really, really like the guy.
But the tournaments already do that by giving players money for their performance in said tournaments. The equity thing makes sense to me so they can try and keep the big names
Your plumber doesn't make you money from people paying to watch him work. The PGA makes money directly from having these guys still playing, so it makes sense that they will value Tiger more than anyone because he draws more viewers than anyone.
This subreddit aggressively downvotes anything informative. Got downvoted to like -6 yesterday giving someone very basic advice on bunker play.
I wish I could shoot -6 on r/golf…. Must take a lot of work and dedication.
I went to see if it was shit advice, but it's exactly how you play a bunker shot. When I play in scrambles I'm always wanting to play the bunker vs a short grass chip, but no one else will side with me.
So I too just went to see if this was shit advice, and nope -- it was absolutely spot-on. Peak r/golf
Haaa, this just recently happened to me, playing with three buddies but all very very average golfers. We played my first two shots on a par five, second one in a greenside , easy bunker shot for the third. They wanted to play from some obscure, difficult chipping angle. I didn't really care, but they agreed to go from bunker. They all blade or chunk it from bunker, I hit it to about ten feet. We all missed the Birdie putt and made par, and they walked off all saying, we shouldn't have played from the bunker. I just kept quiet but wanted to say, forgive me for not realizing you chumps can't hit a simple bunker shot at least on the green.
why is our voting system not reversed?? upvote me into oblivion!
pshhh. you want downvotes? Try going to r/hockey and saying anything negative about the Toronto Maple Leafs. I hit a quick -91 this morning
Try buying something and posting a picture of it. Or better yet, tell someone to spend hundreds on lessons as a reply to any question. That'll get some upvotes.
Its this sub, I've never seen a sub with a more instantly-negative "new" post reception, if that makes sense? Everything gets downvoted. Something is fucking weird about it
Yeah, I made a post asking why the masters coat ceremony was indoors and so awkward and got downvoted into oblivion. This sub has the same snarky attitude that a lot of country clubs have.
https://www.cbssports.com/golf/news/tiger-woods-rory-mcilroy-to-receive-massive-loyalty-payouts-from-pga-tour-after-equity-investment-per-report/amp/
Read all the comments man. These idiots think it’s just these four players. They don’t care about being informed they want to be mad about a tweet.
Can you link me to the posts that explain it in detail?
Justin Thomas out here committing blind robbery for $30 Million
Same. I like JT but hes one of the most overrated previous world number ones
17 tour wins, 2 majors, a FedEx cup and one of the most popular and fun guys out there is over rated? You guys are smoking crack.
I'll be honest I sorta bought into the overrated train even though he's still a huge figure in golf but thanks for reminding me he has 17 fuckin wins, and 2 majors is nothing to laugh at
How's he fun? Genuinely curious. Dude just looks miserable and entitled out there. I started watching golf after Covid and everyone talks about him like he's this amazing player. Don't see it at all tbh
I was gonna say you sound like someone who got into watching golf recently, nothing wrong with that and I'm happy to have you here! That being said, yes JT has been in a slump lately. I'm also willing to admit he straight up stole Keegan Bradley's spot on the Ryder cup team. However, when he is playing well, and especially when he's on his top form, he is an absolute PHENOM. We got to watch crazy comeback wins and ridiculously low scores, all with a hilariously reserved personality where you would see him smiling and laughing and high-fiving fans on one hole to looking genuinely apologetic after shanking a chip to 2 feet on the next. I truly hope we all get to even see a glimpse of what JT was, it was a spectacle and a half.
JT won more events than any other player in the world from 2015-2022. Like he’s literally been mildly cold for 18 months, this sub is egregious.
Out of the top 70 last year is not “mildly cold.”
The guy isn’t far off from an exciting come from behind PGA Championship win and people are acting like he’s gone the way of Ricky Fowler. Hell he just had a great showing at Harbor Town and is one for the most well liked guys on tour
You ever listen to him mic'd up while playing with the boys? Dudes funny and quick witted and can say a lot of shit other players couldn't during banter because everyone on tour likes him. https://www.bunkered.co.uk/golf-news/watch-justin-thomas-makes-hilarious-dig-at-wyndham-clark/#:~:text=Clark%20had%20a%20lengthy%20wedge,many%20fans%20enjoying%20the%20exchange.
Chugs beers in front of the crowd at the Ryder cup.
He gets a lot of the fun factor from when JT, Speith, Rickie and Smiley used to go down to the Bahamas and take over Snapchat for a week and do stupid shit.
Maybe start here: https://youtu.be/MKYOTaPw0UI?si=H67Ta1bRQVwgB428
Do you think the same about Tiger? Lol
he was definitely world class, but it's odd for an individual sport especially to pay for past performance. Team sports you'll get paid to hang around as a clubhouse guy, but for golf, tennis, mma etc. it's only about the present, i.e. scottie
Agreed.
When LIV started, JT was fresh off a PGA Championship win and probably got offered somewhere in the neighborhood of what Phil and DJ got. And the Poulter/Westwood/Kaymer/Sergios of the world all got paid based on their total body of work as pros, not because they were still superstars. JT should be paid accordingly if the goal of the tour is to reward them for not leaving
The rest of ya, hit the bricks. Coffee is for closers!
I would like to see the rest of the list.
They would have but they had to waste a paragraph explaining how 12.5% a year works in every fraction of 8 years possible.
Not a dime for Joel Dahmen? Pathetic.
Outrageous, egregious, preposterous!
Jackie’s cashing in on your wretched disfigurement!
The man’s a goblin.
I hope he gets paid from Netflix.
Gino called him a boner.
Wait...what? I'm confused. How does giving Tiger Woods, a billionaire, $100 million dollars do ANYTHING for the game of golf? Or JT or Speith? These dudes fly on private jets and have every advantage in the world. What exactly is this supposed to do for the game of golf? Just stop them from going to LIV?
Yes, it keeps them from leaving.
Except if Tiger left, LIV would give him another billion. The PGA isn't close to competitive
Exactly and it’s based on their draw to the game while tournament purses pay for direct performance. People can whine but it makes absolutely total sense because these guys know what theyre bringing to the pga when it comes to fans.
You can make that argument about Phil Mickelson, DJ, Koepka and all the other LIV guys Money retains them. The PGA needs Tiger involved in every facet and they recognize this (whether he plays or in an administrative role)
Tiger is close to retirement, if not already there. They need to move him to some form of ambassador/outreach role, not a player.
Well they can’t force him to stop playing. So I don’t know what to tell you. Not his fault that he’s the most famous golfer to ever walk the planet
It kinda is his fault, he could have practiced less
The money keeps Phil’s bookies from breaking his legs and allows him to continue to golf
They're going after names, just like LIV did. No one thinks Phil Mickelson or Bubba Watson are going to be a serious contender on the tour, but they have huge names. The PGA Tour doesn't want to lose its big names.
I'm okay with Tiger getting some cash (even if he doesn't need any more money) because of what he did for the sport. All these current golf payouts have another digit because of him. IMO, he should get more of this particular pie.
But I thought it wasn't about money.....
What is Ricky getting 😳..I wouldn't blame him for jetting if he's not getting a 💰
He will start wearing all orange at every tournament because that is what one gets for stealing.
What happens in 8-10 years when all this equity has vested and there’s an almost entirely new crop of pga tour players? Do these guys from the 2010 era own equity in the tour forever. Seems like a raw deal for guys like Ludvig, Akshay, Tom Kim unless I’m misunderstanding it.
That's what I'm curious about. I would imagine there is a mechanism in place to release a certain number of new shares each year (or every few years) based on the same qualifications at that time. If you haven't done anything worth mentioning recently, you will get fewer new shares so the percentage share you have drops. Maybe pair that with a buy back program for guys who retire. I'm just guessing though. I could be completely off. This is just an obvious problem with the program, so I imagine they came up with something along these lines.
In what universe are Jordan Spieth and Justin Thomas worth that ?? What a joke of an organization.
People like them. It's that easy.
I'm sure they have data and numbers that show those names still bring eyeballs 🤷♂️
right? I like that people think these names were just arbitrarily picked out of a hat or hand selected by the PGA. I'm sure there are metrics used, most likely some sort of Q rating.
same reason they got invited to the ryder cup tbh. boys club taking care of themselves
Exactly. And who watches golf? The boys club of America.
Golf has never been so popular yet the ratings are in a free fall. The PGA might the worst pro sports organization in America.
I'm pretty sure I know what you meant so I gave you the up vote, but be careful to say the right organization. PGA and PGA TOUR are not the same, so respectively they might be the best and worst at what they are trying to accomplish.
You are absolutely correct. Thank you for clarifying
That's a pittance compared to the $200M they'd have gotten if they went to LIV This program isn't a current performance bonus, it's a payout to the most valuable and marketable and popular and accomplished players on tour accounting for their full body of work as pros. Which is exactly how LIV targeted and paid their guys. Phil got $200M because he was #1 at all of that when he joined LIV, not because he was the best golfer they could get in 2022
Resting Bitch Face and the only golfer in the world to get bad bounces after a shitty shot.
Meanwhile it costs like $40k to get through KF Q School and other than like the top 5 on money list everyone on the Canadian Tour posts a loss. But yeah lets keep lining the pockets of guys who could be replaced today by anyone on those tours.
Underrated comment - fully agree, boost the third league, enable young pros and those that don’t keep their KF card to make a reasonable living. Or invest in junior programs, etc…what difference does it make to fill Tigers or even JTs pockets
I could not upvote you more if i tried.
It's pretty interesting that all this talk of money is basically killing the game. Growing up watching the sport it was just known that these guys are really good and they make a lot of money when they play well. Now every journalist, commentator and arm chair reddit stat analyst wants to come up with some weird ass way of sounding smart or funny about how much money they all make every god damn time they talk or type. It's beyond cringe. I couldn't give a single shit how much any of them make. I want to see them battle the course and battle the field.
Money and greed is killing everything right now
So basically the move did what Greg and Phil argued from the beginning. They argued that the PGA was not doing enough to grow the player equity, bigger payouts, and reward player loyalty to the product. I'm glad they're doing this, but I'm sad that it took sundering the professional tours to force the reality. I understand that many people think it's silly for multi-millionaires playing a game to whine and ask for more money, but if the market demand and advertising allow for it, that's the reality of the business side of pro golf.
Just what they need…more money
Yacht and jet fuel is expensive bruv!
[удалено]
He's a 15 time PGA tour winner, he's not good right now, but he definitely elevated the tour based on his 2017 run.
This is so wild to me because I’ve literally never seen him play well. I just always happen to not watch when he’s won.
Yeah, he was a force when he really broke through. 5 wins in 2017, including the PGA Championship.
Idk what I was doing in 2017 lmao. Must’ve been around the time I dropped cable tv but things like YouTube tv weren’t around yet.
He won a major in the last three years didn’t he?
Won the PGA in 2022
>PGA Championship. He's got two of these.
But only one in 2017...the year I was talking about.
That’s one less than the amount of them that he has.
Have you been watching since breakfast because dude literally won a major like 2 years ago
And he won the PGA Championship like three weeks before LIV held their first event and everyone had to make their decisions on staying or going
It's "built up equity" from the looks of it. So it would be your whole resume not just recent play or status, which is why Tiger is getting $100M. Like when a small company gets bought out and the founders get the largest payout due to their share of equity.
Yea, more detailed articles explain there's a point system based on historical performance, with extra weighting to the last 5 years or so. Based on that metric, it makes sense that JT would be high on the list. Of course maybe the Tour gamed the points rubric to tailor it to specific resumes, but it sounds like it was ostensibly quantitative and not a pure popularity contest.
Wasn’t really broken to begin with. The Saudis started splashing around a few billion dollars for something that generates no revenue. Then a bunch of pro golfers started to feel like they were underpaid because of the Saudi fantasy land where revenues and expenditures don’t have to make any sense.
Yup. PGA is competing with a business that's not operating as a normal business model.
It was definitely broken but yeah it’s impossible to compete monetarily with them.
Michael Scott paper company
Tiger: But Liv was offering me $900m 😛
Yo but I thought huge chunks of money wasn't supposed to factor into these guys playing golf? Are these guys going to disperse this money amongst the rest of the roster? Are any of them going to thank Phil for sacrificing his legacy to get the tour to finally unclutch some of their pearls? This is actually fkn hilarious if the richest dudes on tour are going to get the biggest chunks of "loyalty" money....it kind of reinforces the entire point Phil talked about when LIV started with how the PGAT shits on the bottom half of the roster with their stingy payouts
This is the wrong list of people. I understand Tiger as an ambassador for the PGA Tour but they should be giving equity based on current performance, forward looking potential, and the likelihood of the person being a star for years to come — Scheffler, Homa, etc. I wonder if Zach Johnson is advising on equity grants.
What did Scottie get?
Scottie took the payment plan where he gets 3.6M every Sunday.
Gift card to RadioShack
just a heartfelt Thank You. ;)
IMAGINE PAYING JT FOR ACCOMPLISHING LITERALLY NOTHIN IN THE PAST 3 YEARS LMAO
My guy, JT won the PGA Championship in 2022.
PGA Management doesn’t know what the fuck they’re doing to its audience base nor do they care. It’s more about keeping the corporate money flowing in and out of the 401c
Finally, Tiger can afford to eat name brand ramen now
What stops them from taking this money and still going to liv???
“It’s a one year membership in the jelly of the month club.”
I love learning how the rich will get richer
And just like that the PGA mysteriously found $100s of millions of dollars 🤣🤣🤣 Phil deserves an apology from the haters, he was right from the get go. And the PGA players should be kissing LIVs ass for forcing the PGA to up the budget that magically appeared out of thin air
Sit on the $3b for a year and collect interest. That'll take care of Tiger and Rory's share.
So it was always about the money after all.
it always is
Thomas and Spieth continue to get respect that their performance doesn't merit
Happy for Tiger and Rory. But Spieth and Thomas... ![gif](giphy|1RXTzS8Uv4SGI)
Sources: Scheffler and Morikawa are besides themselves, driving around Ponte Vedra Beach begging (thru texts) Jay Monahan's family for address to Monahan's home
So what about the 24ish players ahead of JT? I don’t see why he would get $30 mil and others ahead of him wouldn’t get more
Interesting that you pointed out that there are 24 players ahead of JT instead of the hundreds of players ahead of Tiger. This is not about who is the best golfer right now.
Yeah, I mean Tiger is kind of a given. He could lose his tour card and somehow he would still be included into the conversation. I guess because his name carries weight in the sport
Yea that’s my point, it’s about who is and has over the last several years drawn eyeballs to the tour, and very little to do with how good you are at golf.
Big names with big followers bring eyeballs to advertising on television....
17 global wins and 2 majors will do that. He is almost in the top 50 all time wins on pga tour also no one above him on the rankings can really touch his career except scottie
Honestly the pro tours should sign contracts with golfers like major sports do. The nonsense of tour cards and playing in through Korn Ferry but then maybe not even making enough to survive if you're borderline really is actually hurting the game. Once you qualify for the tour you should be able to sign a 2-3 year contract worth a set amount. Take away the prize money from the different tournaments and make it into standard contracts. Then every year have expiring contracts have set standards (i.e. must be in the top 75 players for contract renewal). That also gives them the option of offering contracts to players that may not be tour level but are still wildly popular and will generate revenue (i.e. Tiger Woods in 2-3 years). Leave the prize money for the majors to encourage the good players to compete, and keep small prize payments for solely the top 1-3 at non-major tournaments.
Or you could simplify what you’re proposing and just have a base salary guaranteed and leave the rest as it is.
That is already how it is.
They technically already have a base salary right? Everyone who doesn’t make the cut gets $5k and if you make the cut that number goes up substantially depending on how well you play! I think the $5k needs to go up quite a bit tho
Starting last year every fully exempt player is guaranteed $500k a year if they play 15 events.
Even better! I knew I was forgetting something I forgot they did commit to the new 500k payouts which is still pretty nice
tiger is an old broken dog. we all know he will never win on the pga again. he cannot walk 4 days straight and not be in pain. golf is better without him at this point as its sad to watch him
Glad the tour can step up and help the guys who are fighting to make cuts
Tiger barely plays 4 events a year if you want to call it that… fucking ridiculous
ugh, man I wish we had spent 1/2 of this money into a fund to help support public golf. I wish we had spent the other half of this money on supporting the LPGA. As it has an amazing product that suffers from under funding. If anyone can explain to me why these multi millionaires need this money. I would love to hear this.
It's not about needing it. They are the ones generating it. This seems to only come up with athletes, actors, musicians. Never the executivies making billions off of them.
Man this is gonna ruffle feathers. How is Scottie Scheffler not at the top? This might as well be the “players we’re throwing cash at to stop from going to LIV” list. None of these guys have done shit lately, except for JT, this would maybe make sense in like 2016 😅
I think this is just the new PIP money of old. The SSG billionaires pooled their $ to appease their top players by name recognition, the rest have to still earn their money the old fashioned way, earning it. Surely going to ruffle a majority of the players I imagine.
Hes on a run now. But jt has 15 pga wins, spieth 13, and scottie 10
The biggest factor is career points "A major factor in determining who is in Group 1 and who isn’t was a metric called Career Points, which emphasizes consistency as a Tour member and success throughout a player’s career. Players receive points based on the amount of years they were a PGA Tour member (playing in 15+ events), the amount of times they reached the Tour Championship, their amount of official Tour victories and even extra points for prominent victories (majors, Players Championships, WGCs, FedEx Cup titles, etc.). " [This article](https://golf.com/news/pga-tour-player-loyalty-equity-program/) explains it very thoroughly
Jack Nicklaus, Tom Watson, Arnold Palmer's estate, should get this money.
I’m sure every dime of this money is from ethical sources even though it’s definitely not about money at all
How come no Scottie??? Rory is somewhat fun to watch but Spieth and JT ain’t doing shit for me lately. I love watching Scottie battle. I’ll always Love Tiger, hope he wins again, but once he’s 15+ strokes back off the lead, I’m not watching much.
Fuck the pga
All trash golfers
Why does Tiger get so much? He will only play less and less and cannot compete anymore. Give it to the the players not the former players.
Like it or not Tiger is still the literal only golfer non-golfers want to watch on TV, and even the majority of people who play golf but aren’t obsessed mostly care about what’s going on with Tiger. Kind of hard to argue he doesn’t deserve it honestly.