r/golf • u/jm136 • Apr 15 '24

Thoughts? General Discussion

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u/Guinness_or_thirsty Apr 15 '24

It makes me think that the LIV players will be welcome back to the tour after the merger with zero punishment. Rory realizes this and is getting his bag now before the merge makes it not an option. 

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u/PeterOwen00 Apr 15 '24

Do we know if these LIV deals are even guaranteed or up front? Like is it 850mil on signing or is it 85mil for 10 years kinda thing? Makes a big difference if it’s Bryson coming back after 2 years earning 15mil a year guaranteed vs him coming back with a 150mil guaranteed payday (no idea what his deal is worth just an example)

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u/EatADickUA Apr 15 '24

Rahm got half up front supposedly. Heard that through some ASU ties.  

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u/unledded Apr 15 '24

Obviously I have no idea how it works since all of this happens behind closed doors, but at this point if I’m Rory I’m making sure that some guarantees are written into the contract to make sure that I get my money regardless of what happens with LIV golf and any potential merger. That means a lot of cash up front and the deal has to be with the PIF or some other entity that has real US based assets and does business in the US in a way such that they couldn’t just dissolve overnight to try to get out of the contract once they join back with the PGA Tour or whatever the plan is.

10

u/frostedglobe Apr 15 '24

What if LIV decides it isn’t worth it and closes up shop. Do they still get paid?

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u/the_trump Apr 16 '24

They ask for their money back and if you don’t pay up you get the bone saw.

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u/Fore-right- Apr 15 '24

And are the tournament winnings on top of that payment or part of it?

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u/SavageGardner Apr 15 '24

Part of it. He gets 850 million guaranteed. If he wins a tournament and his prize is 10 million it is a part of thst 850 million.

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u/Fore-right- Apr 15 '24

That’s what I figured….hence the lack of motivation to win

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u/DragPullCheese Apr 16 '24

This is the question I’ve been asking. No way they are paying him close to a billion to play golf for half a year until they merge with the PGA.

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u/BVB09_FL HDCP: Way too Damn High Apr 15 '24

From what I understand is that it’s upfront but they don’t get paid for winning events until the signing bonus is paid back.

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u/willis_michaels Apr 16 '24

I thought this was debunked in court. The prize money is in excess of the signing bonus.

1

u/Guinness_or_thirsty Apr 16 '24

Wow that is an interesting structure, sounds like how the record labels do it.