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Alan Shipnuck

πŸ‘€ Speaker
944 total appearances

Appearances Over Time

Podcast Appearances

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

He's one of the guys who said no to live moneyβ€”

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

There was a tour event that was on the same day as the AFC Championship game.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And the ratings for the AFC Championship game were 50 times what the PGA Tour event pulled.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

So you can't pay guys on the scale of Patrick Mahomes if they only deliver 2% of the eyeballs.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

Right now, professional golfers are the most overpaid athletes in any sport on a per-eyeball basis.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And that's because Liv just pumped the numbers up to a completely unsustainable level.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

I mean, $5 billion is a very solid number of what they've lost in less than five years.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

You know, Liv was never really about golf.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

It was about soft power.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And it was a chance for the kingdom of Saudi Arabia to buy access to the Western world, to its thought leaders, its political leaders, who all love golf.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

In Washington, D.C., all the politicians hang out at Burning Tree Golf Club.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And it really goes back to December when Brooks Koepka announced he was returning to the PGA Tour.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

That was a Christmas surprise.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And that was the first crack in the wall that things were happening behind the scenes that not everybody was privy to.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

And then Patrick Reed followed.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

So at that point, you know, things are happening.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

From a business standpoint, things are not going well at Liv.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

People made the parallel very quickly.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

In fact, I tweeted, you know, now that oil prices are going to skyrocket, maybe Liv can re-sign Bryson because the Saudi economy is tied very closely to the price of oil.

Pablo Torre Finds Out
It's the End of LIV Golf as We Knew It (and Trump Feels Fine)

But then the refineries are starting, you know, getting set on fire by drone attacks and the straits were closed and you couldn't export the oil.