CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
- 22,446
ESPN talking heads saying this is probably the time to move Beal……lots of teams looking to upgrade and many others looking to majorly alter the course of their franchises….
OT: Nats, Wiz, O's, Ravens, Terps, Navy, Gtown, Mystics, Golf, Summer 2024 (Paris Olympics 2024 as well)
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Ovechkins Wodka
Registered User
It was time to move him when Wall turned into a bust. Is Wall still even in the league?
What would we get for Beal? We arent very good at trading. Cap space and some 2nds?
- Jun 25, 2018
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LIV Golf's Bryson DeChambeau suggests 9/11 families should forgive Saudi Arabia: 'Nobody's perfect'
As Jesus would say, "Let he who has never financed and harbored terrorists cast the first stone."
As Jesus would say, "Let he who has never financed and harbored terrorists cast the first stone."
CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
- 22,446
Greg Norman’s head served on a platter, new details of PGA Tour LIV Golf deal unveiled — SB Nation
Norman, the current CEO of LIV Golf, was adamant that the upstart league is going nowhere. But ‘The Shark’ may be the one packing his bags.
apple.news
PGA Tour Commissioner Jay Monahan will oversee both the PGA Tour and LIV Golf once this agreement is finalized, according to a Sports Illustrated report.
This development means that Monahan can disband LIV if he wants to and also approve the reinstatement of former PGA Tour professionals if he so desires. It’s hard to imagine Monahan having a place for Norman considering the public distaste the latter has expressed with the PGA Tour over the years.
The report also notes that the only promise made between PGA Tour and PIF officials is a “right to refusal,” meaning many unknowns still exist.
g00n
Retired Global Mod
- Nov 22, 2007
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Greg Norman’s head served on a platter, new details of PGA Tour LIV Golf deal unveiled — SB Nation
Norman, the current CEO of LIV Golf, was adamant that the upstart league is going nowhere. But ‘The Shark’ may be the one packing his bags.
PGA Tour Commissioner Jay Monahan will oversee both the PGA Tour and LIV Golf once this agreement is finalized, according to a Sports Illustrated report.
This development means that Monahan can disband LIV if he wants to and also approve the reinstatement of former PGA Tour professionals if he so desires. It’s hard to imagine Monahan having a place for Norman considering the public distaste the latter has expressed with the PGA Tour over the years.
The report also notes that the only promise made between PGA Tour and PIF officials is a “right to refusal,” meaning many unknowns still exist.
LOL called it. SA was using him and he was probably the only one who didn't realize it.
CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
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ESPN guys weren’t making him sound low value….not sure.
But LIV is the pet project of Al-Rumayyan…….so I guess we’ll see. There‘s certainly room for LIV in the golf landscape….either way Norman was well compensated I’d wager.
Ovechkins Wodka
Registered User
Gobert went for like 5 1st rounders last summer. If we could swing something like that that would be great for the future. Unfortunately, I think our return will be more like we got for Rui.
We are so bad at drafting I’m not sure it matters
g00n
Retired Global Mod
- Nov 22, 2007
- 31,509
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Deal broker: Equity for golfers loyal to PGA Tour
The players who left for LIV would not be able to participate in the new company's equity plan, according to Jimmy Dunne, who also said a committee that includes current PGA Tour members would determine potential punishment for players who left.
This seems like another misstep by the PGA tour. I get the desire to reward the loyalists and directly or indirectly punish the defectors, but exact financial balance sheets aside this is sure to create a different type of division among the players: those who have equity and care about the tour vs those who have less or none and are only interested in themselves.
If that happens you can expect the LIVers to engage in disruptive behaviors like eschewing mandatory promotional appearances, etc.
CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
- 22,446
Deal broker: Equity for golfers loyal to PGA Tour
The players who left for LIV would not be able to participate in the new company's equity plan, according to Jimmy Dunne, who also said a committee that includes current PGA Tour members would determine potential punishment for players who left.www.espn.com
This seems like another misstep by the PGA tour. I get the desire to reward the loyalists and directly or indirectly punish the defectors, but exact financial balance sheets aside this is sure to create a different type of division among the players: those who have equity and care about the tour vs those who have less or none and are only interested in themselves.
If that happens you can expect the LIVers to engage in disruptive behaviors like eschewing mandatory promotional appearances, etc.
I think you solve that potential issue by granting them all equity, and those who did not leave, but had firm LIV offers, you just give them a bit more based on that offer.
In no way do I see the LIV guys being disruptive in the way you’re suggesting after this all settles.
Sounds more and more like missing this Ryder Cup will be their penance for joining LIV. It really punishes the fan and the event by not fielding the best, but it’s one time…..just get it over with.
I think you could argue the LIV guys already received their equity share. Short of just giving the loyalists the money they were offered and turned down I’m not sure their is a way to make the PGA guys whole and also have things be equal for everyone moving forward.Deal broker: Equity for golfers loyal to PGA Tour
The players who left for LIV would not be able to participate in the new company's equity plan, according to Jimmy Dunne, who also said a committee that includes current PGA Tour members would determine potential punishment for players who left.
This seems like another misstep by the PGA tour. I get the desire to reward the loyalists and directly or indirectly punish the defectors, but exact financial balance sheets aside this is sure to create a different type of division among the players: those who have equity and care about the tour vs those who have less or none and are only interested in themselves.
If that happens you can expect the LIVers to engage in disruptive behaviors like eschewing mandatory promotional appearances, etc.
CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
- 22,446
The fastest way to more strife is to give them nothing and flame that us vs them fight again….
If this really is a “players tour” as they keep spouting off about, then all players on the Tour(s) should probably get a piece as a standard practice. I’d establish some sort of scale based on seniority and grant every single player equity, then as a one time thing, give more to the guys who had LIV offers in writing and stayed.
g00n
Retired Global Mod
- Nov 22, 2007
- 31,509
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It would have to be a distributed equity for all but the LIV money already paid would have to count against future equity. That's basically the deal that was struck with LIV and LIV struck a new deal, so that money doesn't just disappear into a bank account. Or it shouldn't, anyway.
IOW instead of the LIV deals being toward future winnings it would just be subtracted from other future equity payments until exhausted, and then actual equity payments would start.
If they want to be non-shit about it.
CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
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you seem caught up in trying to penalize guys who took advantage of living in a capitalistic society and who more greatly monetized their talents, at least short term, and now want those deals to count against them.
I think the way to help heal the game is to overly award the loyalists, not seemingly be punitive towards others.
The past LIV deals are separate, as is this newly to be formed entity over all the Tours.
If I’m Hideki for an example…..I want whatever is a scaled value of $300 mil in options/equity in this new to be formed organization…..I don’t give a shit about them holding back $3 mil from James Piot or even Phil in the 9 figure range and their LIV deals.
Dude, come on. This is absurd. You can be anti-billionaire/anti-capitalist and still admit there’s a world of difference between billionaires who got their money exploiting their employees and ripping off poor people and billionaires with literal, actual blood on their hands. Which NFL owner had a journalist chopped into pieces to clamp down on dissent? Which US sporting event was built using slave labor and kidnapping like the World Cup in Qatar? You can certainly think that most billionaires are evil narcissists who are parasites on society and give nothing back to the workers or labor market that amassed their fortune but there’s still a difference between shitty business practices and literally chopping someone’s head off.
twabby
Registered User
- Mar 9, 2010
- 14,435
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I think violence is violence. I think dying of starvation, or dying due to lack of affordable medical care, or chemical spills/environmental disasters, or climate catastrophe is incredibly violent. It's violent enough to the point where I'm not interested in drawing much of a distinction between this type of violence and 9/11 style violence. I think drawing a significant distinction allows the perpetrators of the former type of day-to-day "systemic" violence off the hook. Blaming violence, misery, and death on the machinery of a so-called incredibly complex immutable socio-economic system instead of blaming specific people is exactly what the mega-rich want. Oligarchs want anger directed at some vague "government" concept, not at themselves by name.
I fear this is going to devolve too much into politics, so I'll leave it at that. I mentioned everyone has their own line that they won't cross and I don't see enough distance between them to make my line fall in between. I don't care about golf so this move doesn't affect me at all, but if a Saudi royal member purchased the Capitals I'd still cheer for them. I still wouldn't watch the games, but I'd be a fan.
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g00n
Retired Global Mod
- Nov 22, 2007
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I'm not caught up in anything. It's a fair solution within the structure of the business deal that has nothing to do with broader capitalist celebrations of value.
You say the past deals are separate. Do you have the contracts in front of you? The money they were paid was reportedly an advance on future winnings. How far in advance does that extend? If it continues to extend into the next season they play as PGA Tour members, who are now partners with LIV, then they've still been paid in advance for some of their winnings.
It has nothing to do with capitalism vs whatever else you think is going on . I'm a capitalist. This is capitalism. The other guys are protecting their interests, too.
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g00n
Retired Global Mod
- Nov 22, 2007
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Indirect effects vs direct effects. Intentional vs unintentional. You can't call misfortune "violence" and equate it with beheadings. Stop.
I'm sure a lot of the things you do, the places you go, and items you own have a lot of shitty practices and history behind them. Just like everyone else. But those are hidden costs of business buried behind a system that at least affords everyone the equal ability to succeed, in theory, if they're willing to put in the work and get some breaks.
With Saudi Arabia that's not really the case. There's one family that lucked into an oil fortune and they've carried their oppressive religious fanaticism to an extreme and imposed it on the whole country, with no other option.
Jacoby4HOF66
Pull my finger
- Mar 13, 2009
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CapitalsCupReality
It’s Go Time!!
- Feb 27, 2002
- 67,305
- 22,446
Do you?
Stunning new details about LIV Golf contracts should give bettors serious pause
Players may have already been paid the money they’re supposed to be competing for.
ftw.usatoday.com
This at least throws doubt on that notion….we’ll see what happens.
I’ve seen other articles suggesting the defectors don't get equity in Newco, so maybe they will get their pound of flesh that way.
I’m more curious to see if LIV survives as a 3rd Tour option.
TRASHCAT
Registered User
HTFN
Registered User
- Feb 8, 2009
- 12,682
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Uh... caves?
But then he puts you at ease because there aren't as many caves as he sees in the desert. f***ing hilarious.
Rewound like three times I still couldn't figure out he was saying caves, lulz.
"My dogs like me."
HTFN
Registered User
- Feb 8, 2009
- 12,682
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On one hand that's such a good attitude and on the other it's like, borderline Stuart Smalley levels of self-affirmation, but I love it.
You know what? The people (and dogs) I like like me, and I like me, because I'm good enough, I'm smart enough... and, well, doggone it, people like me.
g00n
Retired Global Mod
- Nov 22, 2007
- 31,509
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Do you?
Stunning new details about LIV Golf contracts should give bettors serious pause
Players may have already been paid the money they’re supposed to be competing for.
This at least throws doubt on that notion….we’ll see what happens.
I’ve seen other articles suggesting the defectors don't get equity in Newco, so maybe they will get their pound of flesh that way.
I’m more curious to see if LIV survives as a 3rd Tour option.
This doesn't really change my point. Of course it depends on the individual contract. If a guy gets a ton of money frontloaded for X season from LIV, and LIV is now funding the tour he's playing in --only now in partnership with the PGA-- then some of his earnings for that year from the equity should be offset by the LIV prepayment.
Other guys with less or no prepayment would get more equity.
At least temporarily.
- Feb 13, 2019
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