![]() Of course, they are not happy, and commissioner Jay Monahan has expressed that Tour players must choose either the PGA or LIV. The one important note to all of this is the PGA Tour’s response. Individual LIV Golf Prize Money (Regular Season Events)ġst place will split $3 million in additional moneyĢnd place will split $1.5 million in additional moneyģrd place will split $500k in additional money Even if you come in last place this weekend in London, you would still earn a minimum of $125k, representing a significant amount for individuals who play outside the PGA Tour. ![]() Phil Mickelson’s LIV Golf Guarantee: $200 millionĭustin Johnson’s Career PGA Winnings: $75 millionĭustin Johnson’s LIV Golf Guarantee: $125 millionīut the big-name players aren’t the only ones benefiting. Phil Mickelson’s Career PGA Winnings: $95 million That’s completely unheard of, and while some people might claim it is irrational, it undeniably flips the current model on its head. So not only is LIV Golf offering higher purses, but in the case of Phil Mickelson and Dustin Johnson, they are offering hundreds of millions of dollars in guaranteed money before they even step on the course. If they miss the cut at a big tournament, once you count up travel and lodging expenses for themselves and their family, there is a good chance they actually end up losing money that weekend, despite their star power playing a considerable role in the tournament’s promotion. Each player still has to show up every week, play well and make the cut to earn a good paycheck.įor example, take someone like Tiger Woods or Brooks Koepka. Sure, the top players might have seven-figure sponsorship deals, but those are the top players. Non-golf fanatics may not realize that PGA Tour players aren’t actually guaranteed a certain amount of income - they are independent contractors. Why? Because LIV Golf has a bottomless pit of cash that they aren’t afraid to spend, and PGA Tour players are acutely aware of financial differences between the two competing leagues. Do pro golfers make money if they miss the cut watch online#The golf series doesn’t have any TV deals in place-you can watch online through YouTube, Facebook, or their website-and there is no way they can pay hundreds of millions of dollars in prize money through sponsorship, merchandise, and other revenue streams.īut this also puts the PGA Tour in a uniquely dangerous place. The common term for this is sportswashing, or “the use of sports to present a sanitized, friendlier version of a political regime or operation.”Īnd the reality is that it is quite obviously a money-losing operation. ![]() The Saudi regime has spent billions of dollars over the last several years on everything from Premier League ownership to Formula 1 race hosting in an attempt to clean up the public image of their country. ![]() Of course, many people see that Saudi Arabia’s sovereign wealth fund is bankrolling the project and immediately move to condemn anyone that is participating. So there are a few different ways to look at this. ![]()
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