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Tiger: We don’t need Saudi money right now but ultimately we would like PIF to be part of our Tour

Published

2 months ago

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In Tiger Woods’ pre-tournament press conference for the Genesis Invitational, he touched on many topics including a potential deal between the PGA Tour and the PIF.

The PGA Tour received roughly 1.1 billion dollars from the Strategic Sports Group which also includes a possibility for a future “co-investment” from the Saudi PIF, but according to Woods, the Tour may no longer need that additional investment.

“Financially, we don’t right now, and the monies that they have come to the table with and what we initially had agreed to in the framework agreement, those are all the same numbers.

“Anything beyond this is going to be obviously over and above.”

Woods added that while the PGA Tour doesn’t necessarily need the additional investment, they are still open to dealing with the PIF and negotiations are ongoing.

“Ultimately we would like to have PIF be a part of our tour and a part of our product.”

When asked if he knew what the PIF’s ultimate goal was, he said “yes and no”.

“From what their representatives have discussed with us, yes and no, because that changes and that evolves from a few months ago to what it is currently now.

“I don’t know if it’s good or bad, it’s an ongoing, fluid process.”

Since LIV’s inception, Woods has been one of the more outspoken players against the PIF’s involvment with professional golf in the United States, and he voted in favor of the deal with SSG.

“The consortium that they have at SSG, the partners that have come together to be a part of this group is quite remarkable to be honest with you in the sports industry,” Woods said.

“They’re unbelievable leaders. At the time that we need great leadership going forward, I think this elicits that.”

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19th Hole

LET pro gives detailed financial breakdown of first week on tour…and the net result may shock you

Published

2 days ago

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Apr 26, 2024

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On Friday morning, Ladies European Tour player, Hannah Gregg, took to social media to share her weekly expenses playing on the LET.

“Expenses of my first week on Ladies European Tour: Flights: $2600 Work Visa: $350 

  • Food: $377 
  • Caddie: $0 because I have an amazing Fiancé 
  • Hotel: $0 because  @GregChalmersPGA sorted me host housing for the week!  
  • Rental Car: +0 because the Tour Tee guys GAVE me their car  
  • Gas: $165 
  • Entry Fee: $130 
  • Lounge Pass for caddie: $50 
  • Gym: $0 
  • Yardage book: $0 
  • Total expenses: $3672 

Made cut, finished 54th, total earned: $1244 Factor in 35% tax on earnings. To break even, needed to finish 24th. To make money, 21st. Guess we have our goals laid out for next event!”

When factoring in Gregg’s free housing, free caddie and free rental car, it’s evident that most LET players would have to finish well inside of the top-20 to make any money.

With ridiculous amounts of money being thrown around in professional golf these days, it’s important to remember the other side of the coin as well. There are countless professionals out there who struggle to get by on their golf salary.

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19th Hole

54-hole golf tour deemed eligible for OWGR points…but it’s not LIV

Published

3 days ago

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Apr 25, 2024

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After a seventeen-month application process, a 54-hole golf tour was deemed eligible for OWGR points.

Unfortunately, for LIV Golf and their fans, it was the Clutch Pro Tour.

After the decision, which is effective immediately, OWGR chairman Peter Dawson issued a statement.

“This is a significant milestone for golf, and OWGR is deeply encouraged by the achievement and the continued efforts in developing the sport of golf in the United Kingdom.”

“We look forward to watching the progress of the Clutch Pro Tour as it continues to play a key role in the development of players from the region,” Dawson added.

The Clutch Pro Tour operates in the United Kingdom and features a 36-hole cut. It also has an open qualifying school.

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19th Hole

Charlie Woods attempting to qualify for spot at 2024 U.S. Open

Published

3 days ago

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Apr 25, 2024

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As first reported by Bob Harig of Sports Illustrated, Charlie Woods will be attempting to qualify for this year’s U.S. Open at Pinehurst No. 2.

The first stage of qualifying for this year’s tournament will be an 18-hole local event on Thursday, April 25th, in Port St. Lucie, Florida.

There will be 84 players in the field, five of which will reach the 36-hole qualifier that will take place in June.

Earlier this season, Charlie attempted to qualify for the Cognizant Classic, and struggled, shooting an 86.

If the younger Woods is able to qualify, he will tee it up in the same field as his father in a few months at one of the more historic U.S. Open venues.

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