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19th Hole

Phil Mickelson and the PGA Tour respond to Tiger’s ‘enormous loan’ claim

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During Phil Mickelson’s now infamous conversation with Alan Shipnuck, “Lefty” implied that the PGA Tour was holding out on it’s players and had more money to give.

“They are sitting on hundreds of millions of dollars’ worth of digital content we could be using for our social media feeds. The players need to own all of that. We played those shots, we created those moments, we should be the ones to profit. The Tour doesn’t need that money. They are already sitting on an $800 million cash stockpile. How do you think they’re funding the PIP? Or investing $200 million in the European Tour? The Tour is supposed to be a nonprofit that distributes money to charity. How the f**k is it legal for them to have that much cash on hand? The answer is, it’s not. But they always want more and more. They have to control everything. Their ego won’t allow them to make the concessions they need to.”

In the meantime, the PGA Tour’s purses and prize money have skyrocketed. The Player Impact Program was increased to $100 million this season.  The Sentry Tournament of Champions (January 2-8) will have a purse of $15 million, up from $8.2 million in 2022. The Genesis Invitational (February 13-19), the Arnold Palmer Invitational (February 27-March 5) and the Memorial Tournament will see purses increase from $12 million to $20 million.

Yesterday, Tiger Woods touched on numerous topics while speaking with the media during his press conference prior to hosting this week’s Hero World Challenge.

At one point during the riveting interview, Woods was asked about Phil Mickelson’s previous comments, and if all of the money being added to the prize pool and extra bonus money is proof that he was right all along.

Tiger was quick to shut it down, saying that the Tour had to take out loans during the COVID-19 pandemic.

“No, absolutely not, no,” he said. “We took out an enormous loan during the pandemic in which that, if we had another year of the pandemic, our Tour would only be sustained for another year. So we took out an enormous loan. It worked, it paid off in our benefit, hence we were able to use that money to make the increases that we’ve made.”

Bob Harig of Sports Illustrated spoke with the Tour about Tiger’s comments, who clarified that the money was not a loan, but in fact reserves and “mitigating actions”.

Mickelson then took to Twitter to add more context to the situation.

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6 Comments

6 Comments

  1. T

    Dec 2, 2022 at 12:39 pm

    Is anyone actually surprised to hear that yet another sizeable nonprofit is in fact flush with cash to deepen the pockets of top executives?

  2. Bills Mafia

    Dec 2, 2022 at 8:32 am

    Spot on.

  3. Jim

    Dec 1, 2022 at 5:21 am

    Tiger and Rory are incredibly arrogant for “calling for Greg to go.” Not your call, whiners. Rory is especially nonsensical. Criticizing LIV and Norman out of one side of his mouth while pleading “why can’t we all get along?” I’ll tell you why. Rory fancies himself an important man, and thus he can’t keep his mouth shut.

  4. J Williams

    Nov 30, 2022 at 10:26 pm

    Time for Tiger to shut up! How many skeletons does he have in his closet? Funny how he tows the company line!? What really happened with his car accident? Nothing was ever asked especially with his past prescription pill accident! Not once did anyone from the credible media question Tigers excessive speeding accident at 8am was it?The same impartial golf media report on Liv golf like it was the 4th Reich! It’s so transparent!PGA tour buys and controls all the stories covering Liv golf and it’s poor down trodden members,that are besmirched by Saudi backed dollars.Do PGA members really care about human rights?They don’t care about human rights in their own backyard,so please save the sanctimonious reactions for someone who cares! Billionaires complaining to millionaires while marginalizing the working man!

    • Mike

      Dec 3, 2022 at 10:50 pm

      I’m glad Tiger survived the accident but even MORE thankful that no one was driving the other way when he “somehow” fell asleep @ 7:30 AM going excessively fast & crossing over the median. Funny how the causes of the accident we’re buried seemingly deeper than the membership list of Augusta National!

      But this whole thing has so turned me off to watching men’s golf. And while I really liked Phil, it’s disappointing the road he’s travel down. Just another uber-millionaire, who seems to have blown a ton of $ gambling, trying to recoup his fortune. Had he partnered w/ Tiger & others, squeezing more $ from the PGA could have been accomplished w/o all this nonsense & division. Look how quickly the PGA revamped everything!

  5. GMatt

    Nov 30, 2022 at 10:36 am

    Interesting for a 501c they sure are flush with cash, makes me wonder what else is hidden there

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19th Hole

Report: PGA Tour winner latest player to sign with LIV Golf

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Another PGA Tour winner is headed to LIV Golf.

According to The Telegraph, Colombian Sebastian Munoz has agreed to a deal with the rival circuit. Munoz adds to the growing list of Spanish speaking players on LIV including Joaquin Niemann, Sergio Garcia, Abraham Ancer, Mito Pereira and Eugenio Chacarra.

Munoz has previously won the Sanderson Farms Championship and has six additional top-5 finishes on the PGA Tour.

At the time of his signing, the 30-year-old was ranked 90th in the Official World Golf Rankings. Munoz is set to make his LIV Golf debut at Mayakoba on February 24-26.

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19th Hole

Bubba Watson says that he will beg Jay Monahan to play in this PGA Tour event

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Bubba Watson, who joined LIV Golf last year, is still hoping he can play in a PGA Tour event.

The two-time major champion plans to “beg” PGA Tour commissioner Jay Monahan to allow Watson and his son to play in next year’s PNC Championship, which is an event that consists of a father/son or father/daughter tandem with one professional on each team.

“My son, like I said, he doesn’t play golf, but now his whole goal was – I’ll put this out there, his whole goal was to play in the PNC, which is the parent-junior, and now I’m not allowed to play in it. As soon as I see Jay Monahan – if Jay Monahan is watching this, I’ll see you at Augusta and I’ll try to beg you to let us play the PNC again.”

Watson and the other LIV golfers who were previously exempt or top-50 in the world will still get a chance to compete in this year Masters Tournament, to which Bubba is grateful.

“I was very thankful that we get to go back to the Masters. Then LIV announced their schedule, so I won’t be able to go to the women’s tournament or the Drive, Chip & Putt with the kids because we’ll be in Orlando. But it’s one year, I’m going to definitely be in the ears of people at LIV and try to see if I can get back there because I want to support what the Masters means to the game of golf, what the membership of Augusta means to the game of golf, and I would love to be there for the Women’s Amateur and the kids on Sunday.”

The 44-year-old (along with all LIV players) is currently suspended from the PGA Tour but will make his first start since the PGA Championship in May of 2022 at this week’s Saudi International at Royal Greens Golf and Country Club after missing time with a torn meniscus.

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19th Hole

Patrick Reed issues statement following rules controversy in Dubai

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On his way to finishing runner-up at last week’s Dubai Desert Classic, Patrick Reed found himself caught up in two incidents of note.

The first, widely nicknamed ‘Tee Gate’ saw a pre-event spat between Reed and the world number one and tournament favourite Rory McIlroy, resulting in the former Masters winner lobbing a LIV-branded tee in his opponent’s direction. Little were they aware that it would take a birdie at each of the final two holes for McIlroy to overcome the most talked-about player in golf.

The second newsworthy episode involved Reed losing his ball up a tree on the 17th fairway, an escapade that resulted in a social media frenzy asking whether the ball found was, in fact, the correct ball and how several marshals identified it.

The DP World Tour’s statement at the time cleared Reed, stating that, “Using binoculars [the DP World Tour Chief Referee] joined the player in the area and asked him to identify his distinctive ball markings,” and “was satisfied that a ball with those markings was lodged in the tree.”

Video footage and players’ comments subsequently pointed to the ball flying into a different tee, but in Reed’s defence, he was likely to have been advised to the exact tree to look into, rather than guess himself.

He signed for a bogey five on the hole, a score that could have been one shot worse if having to reload on the tee box.

Reed himself sees the event much like most did the tee-peg incident – as something and nothing – and posted a statement to that effect on Twitter today:

With that all over, this week Reed returns to the Asian Tour for the Saudi International, where he meets up with much of his LIV counterparts in an event dominated by two-time champion Dustin Johnson.

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