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LIV Golf: an unprecedented exodus

LIV Golf: An Unprecedented Exodus

BETTING À DAY

BEDMINSTER, New Jersey | In their minds, golfers who have chosen to desert the PGA Tour or the DP World Tour have done nothing wrong. They believe they have the freedom to play wherever they want without owing anything to the circuits. However, the rules and consequences are clear. 

Golfers with a PGA Tour card must abide by the rules of their contract.  

Following a request to the PGA Tour, The Journal< /em> obtained a copy of the terms and conditions document for members to follow.

However, it is clearly mentioned that a member cannot participate in a tournament on another circuit when the latter comes into conflict with one of its tournaments registered on the calendar. This rule is introduced to “ensure the contractual obligations of the field and contribute to the success of the tournament”, can we read.  

If a golfer wishes to participate in another event, he must do so. the request to the commissioner. But this one will not give permission in North America. 

This is obviously the case for the LIV Golf league, which is offering five of its eight tournaments on American soil this season. < /p>

Resignations

It is therefore illusory that a player can receive permission to register for an unrecognized event taking place at the same time as a circuit tournament. This season, three tournaments, including this one in Bedminster, take place at the same time as those of the PGA Tour.

That is why the management of the PGA Tour has automatically suspended the thirty or so deserters who joined the LIV league. Some like Dustin Johnson, Sergio Garcia and Kevin Na have simply resigned while others like Phil Mickelson resist wanting to keep their privileges.

According to the document, a resigned golfer could rejoin the circuit after a period ranging from six months to a year, depending on the status. In this case, the readmission should also be approved by two-thirds of the members of the PGA Tour Rules Council. This council includes five independent directors from the golf community, four directors from the players' council and a director from the PGA of America.

The deserters were well aware of these regulations when they made their decision. Many of them have decades of experience. 

In addition, Paul Casey, Brooks Koepka and Graeme McDowell were on the Player Advisory Council this season. They are obviously ousted. 

Fines and injunctions

Although the PGA Tour has taken the hard line by suspending players who leave the Tour towards LIV, the DP World Tour instituted fines of $120,000 in addition to the loss of privileges. 

On Wednesday, Paul Casey raised doubts about the random defense mechanisms of the DP World Tour when he had never been sanctioned for taking part in tournaments without having received prior approval from the commissioner.

The battle has also moved to the UK courts. In early July, Ian Poulter, Adrian Otaegui and Justin Harding obtained a British court injunction to compete in the Scottish Open despite their suspension. 

While PGA Tour commissioner Jay
Monahan believes his strategy can withstand legal action, LIV Golf commissioner Greg Norman claims his legal team has all the tools to prove that the traditional circuits have a monopoly in the industry and violate competition laws.

Norman believes that golfers are self-employed contract workers. The US Department of Justice is currently investigating the PGA's strategy to see if it violates antitrust laws.  

TOURNAMENTS COMPETITORS

Week of June 6

PGA
Canadian Open

LIV Golf
Tournament inaugural in London

Week of June 27

PGA
Classic John Deere

LIV Golf< /strong>
Portland Tournament

Week of July 25

PGA
Classic Rocket Mortgage

LIV Golf
Bedminster Tournament

Agencies pocket big too

BEDMINSTER, New Jersey | It's not just golfers who pocket huge sums by signing with the LIV Golf series. Agencies are also doing great business.

Of the fifty or so players who have signed agreements with the league led by Greg Norman, ten come from the marketing agency GSE Worldwide, including Bryson DeChambeau, Sergio Garcia and Paul Casey. In the European branch, the big guys, Henrik Stenson, Ian Poulter and Lee Westwood, are associated with the agency CM Management. 

Although sports agencies advise their clients, they also have a financial interest in presenting LIV's offers to them. They make most of their profits there, about 20% of the total amount. Golfers keep winnings on the course.

With the astronomical deals reached by its main GSE headliners and the contractual terms, the agency would have pocketed more than $50 million. At CM Management, the gains would have totaled nearly $85 million, according to the Telegraph-Journal

Everyone “wins”

The distribution of greenbacks is also very generous in the direct environment of golfers. The cadets, instructors and professionals around them are also doing great business. All their expenses are assumed by the league and the scholarships are given to all participants, while there is no ax after 36 holes. Whoever finishes in 48th and last place is guaranteed to receive a check for $120,000. 

The champion receives a juicy $4 million. Depending on the agreement with the cadet (it varies on average between 6 and 10% of the purse), he can receive a reward of up to $400,000.  

Several golfers claim that they did not join LIV Golf only for their good, but also for that of their “family”. They're all covered in greenbacks.

Golfers Love Money

In a report on Fire Pit Collective, journalist Alan Shipnuck discussed with several agents involved in the negotiations with LIV Golf. 

One of them threw out a tasty and explosive assertion, which fits impeccably well with the exodus towards the circuit financed by the Saudis.  

“What you have to understand about professional golfers is that they are all whores. This is the starting point, “said this agent who requested anonymity.

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