19th Hole
Owner of TGL San Francisco reveals approximate price he paid for team
Avenue Capital Group CEO, Marc Lasry, partnered with NBA superstar Stephen Curry to buy the TGL San Francisco team. This week, Lasry appeared on CNBC’s “Closing Bell” and discussed his new business venture.
- Related: Shot clocks, timeouts and referees: All you need to know on Tiger and Rory’s new TGL league
The billionaire stated he thinks “it’s got the possibility of being something huge,” and also disclosed the general amount that he paid for the TGL team.
“I can say it was less than $100 million and it was more than $25 [million].”
Lasry added what value he believes TGL brings to the golf world.
“What we’re trying to do is make golf available for people to watch over two hours. Do it in primetime. Do it where it’s virtual so you’re going to see the players hit the ball right away.”
“I think one of the problems people have with golf, unless you’re a huge golf fan, is it takes too long. So what we’re trying to do is have a league where everything is going to happen within two hours.”
“I think it’s got the possibility of being something huge,” says Marc Lasry, Avenue Capital Group CEO, of the @TGL. He discusses Avenue’s launch of a new sports investment fund & the decision to partner with @StephenCurry30 to buy their own team: TGL San Francisco. pic.twitter.com/ilMG6Tsk8I
— CNBC's Closing Bell (@CNBCClosingBell) November 6, 2023
The league is set to debut on January 9th on ESPN.
More from the 19th Hole
- Korn Ferry Tour pro disqualified while warming up on the practice range
- ‘I know what people want to see’ – Ex-Golf Channel’s Holly Sonders on her new topless sports league
- ‘Is this serious?’ – Jon Rahm hilariously reacts to knee-lock golf swing from Barstool Sports’ Big Cat
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19th Hole
Report: Tiger Woods voted against Rory McIlroy returning to policy board; Will be the only player negotiating directly with Saudis
According to a report from The Telegraph, the relationship between Tiger Woods and Rory McIlroy has soured.
Last week, reports surfaced that McIlroy, who was a member of the PGA Tour policy board during most of the past few years, was looking to rejoin the board, presumably taking Webb Simpson’s seat.
However, on Wednesday, McIlroy revealed that he will not be rejoining the policy board, due to people on the board being “uncomfortable” with that “for some reason.”
Here's Rory McIlroy talking about the PGA Tour policy board and the "subset of people on the board that were maybe uncomfortable with me coming back on for some reason." pic.twitter.com/0skNOwtWxz
— Patrick McDonald (@pmcdonaldCBS) May 8, 2024
The Telegraph has reported that Tiger Woods was among the players who voted against McIlroy returning to the policy board.
The divide is apparently due to McIlroy pushing for the game of golf to unify, whereas Woods, reportedly, believes the PGA Tour is in a fine position where it currently stands.
The Associated Press added another wrinkle to the situation, reporting that Woods is the only player who will be negotiating directly with the Saudis.
The other members of the committee are PGA Tour commissioner Jay Monahan, board chairman Joe Gorder, John W. Henry of Fenway Sports Group, and Joe Ogilvie, who was a former PGA Tour player.
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19th Hole
Phil Mickelson reveals he won’t be pursuing broadcasting career when he retires from golf
On Tuesday, Chris McKee, a Toronto writer and radio host, wondered aloud on his X account if Phil Mickelson will be a commentator after his playing days are over.
The second Phil Mickelson retires he'll instantly become the most sought after TV analyst in golf. Would any PGA Tour broadcaster (CBS, ESPN, NBC or Sky) bring him in or would he have to stick to LIV broadcasts? #LIVGolf pic.twitter.com/ulrtBHcyB6
— Chris McKee (@mrmckee) May 7, 2024
“The second Phil Mickelson retires he’ll instantly become the most sought after TV analyst in golf. Would any PGA Tour broadcaster (CBS, ESPN, NBC or Sky) bring him in or would he have to stick to LIV broadcasts? #LIVGolf”
Mickelson saw the post and responded, saying he’s not interested in moving from the course to the broadcast booth.
Thank you for the kind words. However, just cuz someone CAN do something doesn’t mean they SHOULD do it. Instead of commentating, I’m going to shoot some Pros vs Schmos 9 hole matches. I’ll share insights throughout as well as talk a little smack. It won’t be the highest quality…
— Phil Mickelson (@PhilMickelson) May 8, 2024
“Thank you for the kind words. However, just cuz someone CAN do something doesn’t mean they SHOULD do it. Instead of commentating, I’m going to shoot some Pros vs Schmos 9 hole matches. I’ll share insights throughout as well as talk a little smack. It won’t be the highest quality video but it’ll be fun for me to do and fun to watch I think too.”
While I believe many fans would like to see Phil in the booth, his idea of “Pro’s vs Schmo’s” could certainly be intriguing.
More from the 19th Hole
- Phil Mickelson drops big retirement hint; Says LIV will grow the game “on a much more global basis”
- 2-time major champ announces shock retirement from the sport at age of 33
- Tiger explains why golf has “negative connotations” for daughter Sam
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19th Hole
PGA Tour pro sounds off on ‘unfair’ PGA Championship invites
This week, the PGA of America made some surprising announcements regarding the field of next week’s PGA Championship at Valhalla.
The event now will feature 16 LIV players with Talor Gooch, Dean Burmester, David Puig, Adrian Meronk and Patrick Reed receiving special exemptions.
PGA Tour player, Dylan Wu, took issue with how the exemptions were used and went to X to share his thoughts.
Why is there never “real” qualifications for the PGA Championship? You have a points list and World ranking invite. Usually just outside top 100 in OWGR gets in. Chan Kim ranked 104th in OWGR doesn’t get in. SH Kim at 107th isn’t in. @NUCLRGOLF @Daniel_Rapaport @PGA https://t.co/8Snkq0l2Vg
— Dylan Wu (@dylan_wu59) May 7, 2024
Jesper Svennson ranked 108th gets in. Tim Widing 120th gets in. Ryder Cup captain Luke Donald gets a spot. A bunch of guys get leapfrogged even though they’re ranked higher than others. Seems like they just invite whoever they want. Unfair to the guys on the edge like Chan and SH
— Dylan Wu (@dylan_wu59) May 7, 2024
Just seems like the world of professional golf is in a weird spot and I love that the tournament invited a handful of great LIV players but figure out a correct system for a major championship where guys know they’ll be in or not. ???? @NUCLRGOLF @Daniel_Rapaport @acaseofthegolf1
— Dylan Wu (@dylan_wu59) May 7, 2024
“Why is there never “real” qualifications for the PGA Championship? You have a points list and World ranking invite. Usually just outside top 100 in OWGR gets in. Chan Kim ranked 104th in OWGR doesn’t get in. SH Kim at 107th isn’t in.”
“Jesper Svennson ranked 108th gets in. Tim Widing 120th gets in. Ryder Cup captain Luke Donald gets a spot. A bunch of guys get leapfrogged even though they’re ranked higher than others. Seems like they just invite whoever they want. Unfair to the guys on the edge like Chan and SH”
“Just seems like the world of professional golf is in a weird spot and I love that the tournament invited a handful of great LIV players but figure out a correct system for a major championship where guys know they’ll be in or not. ????”
Fans who replied to Wu seemed to agree that a more definitive ranking system for the PGA Championship should be established.
More from the 19th Hole
- Phil Mickelson drops big retirement hint; Says LIV will grow the game “on a much more global basis”
- 2-time major champ announces shock retirement from the sport at age of 33
- Tiger explains why golf has “negative connotations” for daughter Sam
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