Speaker 1: Now, the Shotgun Starting Golf is full of mathematics. There's
Speaker 1: a lot of a lot of setup work that we
Speaker 1: have to do in order to make a tournament work.
Speaker 1: So I'm going to demonstrate to you just exactly how
Speaker 1: we do a shotgun start here week.
Speaker 2: All right, all right, all right, did no man dark
Speaker 2: you are greedy to welcome to a Friday edition of
Speaker 2: The Shotgun Start. It is August seventh, Andy, how we doing.
Speaker 3: Brendan, I'm doing fantastic. I had a great week showing
Speaker 3: showing a bunch of people around the fair city of Chicago.
Speaker 2: Fair City of Chicago. Is that a phrase there?
Speaker 4: Is that?
Speaker 2: Just something new pulled up as we lead into the podcast.
Speaker 3: That's just what I didn't tell you that adjective.
Speaker 2: All right, there you go. I'm glad we've got We've
Speaker 2: got a lot of content coming around Chicago. Chicago Guides
Speaker 2: video written as we steve head towards the President's Cup
Speaker 2: at the end of the end of September, we've got
Speaker 2: playoffs to sort through, FedEx cups to sort through. May
Speaker 2: know a little bit more about the end of September,
Speaker 2: whether Live is still a thing, funded, credited, whatever it
Speaker 2: may be by the end of September. We'll talk about
Speaker 2: that in a minute.
Speaker 3: It seems like that was a pretty premature announcement of funding.
Speaker 2: Yeah, yeah, you could say that you want to do
Speaker 2: that right now, you want to dispense with the uh.
Speaker 2: So Wednesday morning, ten a m. Eastern there is a
Speaker 2: press conference call for Live Bedminster.
Speaker 3: Uh.
Speaker 2: There's no details, there's no there's no COURUS responding or
Speaker 2: concurrent press release, documents, official statements of any kind. It's
Speaker 2: just Scott O'Neill up there, free will in it purplely
Speaker 2: orally Yeah yeah, I uh, I'm do the TikTok here.
Speaker 2: But but one conclusion is Scott O'Neill he made I
Speaker 2: don't think he's a bad guy. He seems like a
Speaker 2: nice man put in a very tough spot. He also
Speaker 2: may be kind of a do fist and sell it
Speaker 2: used car salesman like elements to it. But I do
Speaker 2: think he might not be a bad guy. And in
Speaker 2: a very very challenging situation that he's trying to, you know,
Speaker 2: put whipped cream on on shit, as they say. Uh,
Speaker 2: And that's a tough spot and doesn't make you always
Speaker 2: look like the uh most forthright person, you know, when
Speaker 2: is it's your charge to do that? So ten Am
Speaker 2: calls a press conference. The language is, we're very fortunate
Speaker 2: that e Laite investor has signed a term she approved
Speaker 2: by our board which will carry and fund Live going forward.
Speaker 2: At the end of that press conference, if the deal
Speaker 2: gets finalized, there will be a twenty two Will there
Speaker 2: be a twenty twenty seven season, he's asked, And twenty
Speaker 2: eight he says, and twenty nine and thirty, So we're
Speaker 2: led to believe this deal will carry and fund Live
Speaker 2: going forward through maybe twenty thirty. That's what we understand.
Speaker 2: The quotes are along the lines agreement in place with
Speaker 2: the lead investor, signed by investor approved by the board
Speaker 2: to anchor the transaction, which is a curious use of
Speaker 2: you know, kind of word salad, to anchor the transaction
Speaker 2: and play a key role in supporting the path forward
Speaker 2: for Leaves Next Lives Next era. Our next chapter will
Speaker 2: make our players majority equity holders and Live Golf, a
Speaker 2: first for a major global sports league. So that's ten Am.
Speaker 2: It's just Scott O'Neill on the dais that's what we have.
Speaker 3: Can we just back up and sure look at the verbiage.
Speaker 2: He always.
Speaker 3: Lead investor, carrying fund live, going forward, carrying fun It's
Speaker 3: just an odd use of the word investor. It is
Speaker 3: what came out later.
Speaker 2: It is sign term sheet approved by the board. Yes,
Speaker 2: how much of that is it is a true statement?
Speaker 2: Uh well, the truth is sort of a subjective sort
Speaker 2: of shifting.
Speaker 3: It's wackle. You get up and just say something is
Speaker 3: categorically untrue.
Speaker 2: So an hour and a half after he talks, we'll
Speaker 2: get to where the holes may come in the statement.
Speaker 2: Hour and a half, Dry talks. Live finally issues in
Speaker 2: an official statement, which sounds, i would say, different than
Speaker 2: the characterizations from the oral press conference. Lift Golf has
Speaker 2: an agreement in place with the lead investor, signed by
Speaker 2: the investor, proved by the board, to anchor the transaction
Speaker 2: and play key role in supporting the path forward for
Speaker 2: the league's next era, driven by and for the players.
Speaker 2: That seems similar verbiage, similar language, very such ads. We're
Speaker 2: seeing strong interest from more than a dozen additional parties,
Speaker 2: which she said, you know, everybody's ready to get in
Speaker 2: the boat.
Speaker 3: We just need the boat.
Speaker 2: You know, we got a lot of people ready to
Speaker 2: get in and help sail it, help you know, run
Speaker 2: the sales, but we need people to get in lead investor.
Speaker 2: Let's get to this language. Later that day, Bloomberg reports
Speaker 2: BC Partners, of course, we have no idea how much,
Speaker 2: who what? And Joseph and I do a little. This
Speaker 2: is was in your feed reaction to understanding who what where?
Speaker 3: When?
Speaker 2: We still don't know. It's just lead investor. So Bloomberg
Speaker 2: then comes in with a report that be see Partner's
Speaker 2: credit arm is leading a group of investors looking at
Speaker 2: lending money to live golf. So the credit arm lending
Speaker 2: money to live golf. Well, that's that's not an investor, right, No,
Speaker 2: BC partner does have is a big wonder based private
Speaker 2: equity company, does have an equity an investment arm also
Speaker 2: has a credit division.
Speaker 3: I wanted to just check, you know, with with somebody
Speaker 3: else about this, so I just you know, I asked,
Speaker 3: I asked AI, which you call someone who loans you
Speaker 3: money an investor? And their response was no, No, at
Speaker 3: least not in the standard usage.
Speaker 2: Uh So that is a Bloomberg Business report.
Speaker 3: BC credit army lending should be called a lender or
Speaker 3: a creditor. Of course. The funny thing is the way
Speaker 3: everybody reacted to this because everybody reacts. I was PJ
Speaker 3: and I and some others were filming some stuff, so
Speaker 3: I was kind of silent, but I was taking in everything.
Speaker 3: Everybody's acting like it's like this huge deal and then
Speaker 3: this comes out. But this is where like usually people
Speaker 3: announce things and you you if anything you withhold details
Speaker 3: in your extra conservative in an announcement, would you agree
Speaker 3: with that kind of you try and be a little
Speaker 3: bit more conservative on this one. It I don't know
Speaker 3: what the right word is. Almost I felt misled spoken mirrors.
Speaker 3: Yeah to raid, this should be we were we found
Speaker 3: a creditor. How the headlines would be different is like
Speaker 3: we found a creditor to loan us maybe to maybe
Speaker 3: loan us money. Of course, you know, I.
Speaker 2: Know a little bit about finance. I wouldn't say, I'm
Speaker 2: why can't turn around a whiz kid?
Speaker 3: I don't know.
Speaker 2: It's just heard a noise out the window. You know,
Speaker 2: if they're if it's alone, that would be need to
Speaker 2: need to provide you know, payback be returned from a
Speaker 2: business that is or an entity or a subject or
Speaker 2: an asset that is hopefully profitable in some way and
Speaker 2: can pay it back with interest. I don't know if
Speaker 2: LIFF can do that in its current structure, but maybe
Speaker 2: some future Live two point zero.
Speaker 3: Might get there. Who knows, all right. Four thirty four
Speaker 3: twenty one.
Speaker 2: Dan Premack of Axios Business Editor reports Lift Golf says
Speaker 2: it has a signed agreement quote unquote with the new
Speaker 2: financing with a quote lead investor. It doesn't idea, then't
Speaker 2: let lead investor, but it's BC Partners. A source, however,
Speaker 2: disputes that the deal is signed. I wonder if it's
Speaker 2: maybe more of an l o I. This is from
Speaker 2: Axios Business Reporting. So as the day progressed, we just
Speaker 2: start to see that we peel back the onion and
Speaker 2: maybe there's nothing in the middle.
Speaker 3: So it's not an investor.
Speaker 2: Maybe some document of some sort maybe signed, but it
Speaker 2: may be more of an l o I.
Speaker 3: There's all. It's not a it's not the deal's not
Speaker 3: fully in place and approved by the board. It appears.
Speaker 3: I mean, we have all this like incredible.
Speaker 2: Language of like enter we want to enter the transaction
Speaker 2: in September, you know, is it assigned turm sheet? Is
Speaker 2: it assigned l o I. We're kind of playing fast
Speaker 2: and loose with what's what's the substance of it. The
Speaker 2: Financial Times then adds to the report those two gu
Speaker 2: The Financial Times. Yes, BC Partners is the credit division.
Speaker 2: The credit division of BC Partners is the investor, as
Speaker 2: reported by Bloomberg, Yet the path to a final agreement
Speaker 2: for Live has turned into complex multi party negotiation, according
Speaker 2: to people involved with BC Partners or other possible investors,
Speaker 2: seeking assurances that Live Star players will stay with the league,
Speaker 2: So we will lend, but we must know what we're
Speaker 2: lending to. Is this lending to John Ram backed or
Speaker 2: John Ram involved Live Bryce and others. The PIFF is
Speaker 2: considering paying off those contracts at a discount. I don't
Speaker 2: quite Are they paying off the contracts or it's just
Speaker 2: a buyout. It's a buyout of not the full price,
Speaker 2: paying off those contracts at a discount to settle any
Speaker 2: potential liability as well to avoid bad publicity. I think
Speaker 2: the PIF is now interested in publics bad publicity uh
Speaker 2: from the players to potential any liability, or is to
Speaker 2: avoid bad publicity, leaving the player's position to sign fresh
Speaker 2: deals with the BC Partners backed circuit that would include
Speaker 2: cash as well as equity in the new league. According
Speaker 2: to those close to the negotiations. O'Neill's public remarks confirmed
Speaker 2: that equity stakes would be a key selling point to
Speaker 2: players to convince them to stick with Live with the
Speaker 2: golfers envision as collectively owning a majority of the tour.
Speaker 2: A settlement then might come in the form of a
Speaker 2: prepackaged bankruptcy, where a court process could quickly class league
Speaker 2: legacy liabilities and allow new investment to come in free
Speaker 2: of any entanglements from the previous era. Person involved the
Speaker 2: discussion said, the new investors will need assurances that these
Speaker 2: players are not going to pursue any more money from the.
Speaker 3: PIFF and say we got stiffed.
Speaker 2: So just to clarify, like, the players need to settle
Speaker 2: up with the PIFF, maybe not at full but then
Speaker 2: the new BC partners could lend some money, but only
Speaker 2: if they may if they know those players will stay
Speaker 2: and be involved and they'll also become equity holders in
Speaker 2: this new lived point to two point zero. It's sort
Speaker 2: of a lot of like you know Spider Man meme,
Speaker 2: three guys staring at each other, like who's gonna bite.
Speaker 3: First and trigger There is a pathway here.
Speaker 2: I found like the word complex to sort of be
Speaker 2: a cloak for this is a This is trying to
Speaker 2: make something that's really shitty into something that's survivable for
Speaker 2: like a year or two. You know, complex can be
Speaker 2: a funny word. It can cover a lot of ground, right.
Speaker 2: Complex can mean good. Complex could mean we're trying to
Speaker 2: like repair a boat as it's sinking.
Speaker 3: I had a complex morning getting my daughter to eat breakfast.
Speaker 3: So there's this go ahead. I just read a message
Speaker 3: I got from, uh, you know, an astute listener of
Speaker 3: the show who knows knows a lot about this type
Speaker 3: of these types of transactions.
Speaker 2: Yeah, a lot a lot of those guys coming all
Speaker 2: over work this week.
Speaker 3: I found said, everyone is taking this live announcement too seriously. Yeah,
Speaker 3: citing a term sheet is non binding. By the way,
Speaker 3: if they reject Rahm's contract in bankruptcy, then he leaves,
Speaker 3: he will be a big creditor and own equity and live. Anyways,
Speaker 3: they will do everything to dilute him down. But it's
Speaker 3: pretty funny. Well that's the other issue. Equity.
Speaker 2: Not all equity is created equal, which sounds like almost redundant,
Speaker 2: Like the lender will have preferred equity the BC, Like,
Speaker 2: you know, if this thing goes belly up, or it's
Speaker 2: like not working in a year two years, and they
Speaker 2: have to liquidate it and all the ascids, whatever's left
Speaker 2: can be returned to the creditors, it will go to
Speaker 2: the lender, and then what's left the scraps will end
Speaker 2: up with these quote unquote player equity most likely player
Speaker 2: equity holders, right, which wouldn't be probably a lot at
Speaker 2: the end once they get through whatever they're if in
Speaker 2: when it goes billy up. So you're also removing essentially
Speaker 2: like the the one of the large impetuses for for
Speaker 2: Jon Rahm or someone like with the big contract to
Speaker 2: remain involved. All right, I've settled up with the piff
Speaker 2: and that was sort of what was keeping me handcuffed
Speaker 2: in a very lucrative way to this endeavor. If that's gone,
Speaker 2: is Genram gonna be.
Speaker 3: Enticed? Do now? All right?
Speaker 2: My contracts settled, let's go back to let's let's go again. Well,
Speaker 2: let's set sail.
Speaker 3: On this new boat.
Speaker 2: I'm into boat analogies for some reason this morning, that's right.
Speaker 2: So why Lake Erie number one right at Lake in America?
Speaker 2: A corne to stay today?
Speaker 3: Not a real public caation.
Speaker 2: So it's like this, these golden handcuffs with the piff
Speaker 2: right are gone? Is John Ron would be like, well,
Speaker 2: this sort of complex new arrangement I want to get
Speaker 2: in on as well. Let's get back on the Live
Speaker 2: A New boat and go back out to see.
Speaker 3: Can I just talk about where what I find just
Speaker 3: confounding about this whole situation?
Speaker 4: Yes?
Speaker 2: Please?
Speaker 3: So I think Bryson, it seems like Bryson is not
Speaker 3: not going to go back to the tour. He does
Speaker 3: not want to go back to the tour, which I
Speaker 3: get because he he will just be laughed at if
Speaker 3: he goes back to the tour. And at the core
Speaker 3: of Bryson, he wants everybody to love him. And I think,
Speaker 3: like if I was gonna like dig I think Bryson
Speaker 3: is like firmly behind this new idea. I think he
Speaker 3: is like a big part of this because and he's
Speaker 3: trying to extract as much equity and said idea, whether
Speaker 3: it's a good idea or a bad idea, Equity's not
Speaker 3: worth anything if it's a bad idea, and it's gonna
Speaker 3: just flounder. Here's what I don't understand. And like what
Speaker 3: I don't get about any of this Live should go
Speaker 3: to bankruptcy and they should just be done right. And
Speaker 3: why they should do that is that the brand is
Speaker 3: just like extraordinarily toxic. Like at the end of the day,
Speaker 3: you could argue about whether Live is like a good
Speaker 3: product or a bad product, but for the in the
Speaker 3: consumer market, the brand is completely toxic. Would you agree
Speaker 3: with that? Yes? But I okay. So if we say
Speaker 3: the brand is toxic, then that means that people, like,
Speaker 3: no matter what you do over the next like two
Speaker 3: to five to ten years, there are still gonna be
Speaker 3: huge swaths of consumers that just will not engage with
Speaker 3: your brand. And what I don't understand about this whole
Speaker 3: situation is why would anybody, anyone in their right mind
Speaker 3: invest And it doesn't sound like BC partners are investing,
Speaker 3: they're just loading money. But why would anyone invest in
Speaker 3: a brand that is so toxic? So they could do that?
Speaker 3: This is like, this is a free idea. You could
Speaker 3: go buy the Sunshine Tour, which nobody has a negative
Speaker 3: viewpoint of. You could rebrand it and you're away from
Speaker 3: all these contracts, all these like you know, you're away
Speaker 3: from John Rahm being a huge equity holder in your
Speaker 3: company and he doesn't want anything to do with you.
Speaker 3: You could go buy that and put two hundred and
Speaker 3: fifty million dollars into that which doesn't have a brand
Speaker 3: that people have proven not to want to engage with.
Speaker 3: It makes zero sense to try to save live whatsoever
Speaker 3: because of the way that their public image is like.
Speaker 3: So anyways, all these people, all these people Brice It included,
Speaker 3: Scott O'Neill included, Greg Norman included, they're a bunch of
Speaker 3: idiots and they think that you could just like it.
Speaker 3: At the at the end of the day, they tried
Speaker 3: to take on the tour and they lost. Like they
Speaker 3: tried to take on the tour with an insane amount
Speaker 3: of money, five six billion dollars. They tried to just
Speaker 3: throw money and overtake the tour and the thing that
Speaker 3: should be taken away from this and you could have
Speaker 3: had way better strategy than they had. If you want
Speaker 3: to take on the tour, this is a twenty plus
Speaker 3: year game. You need to make slow incremental gains, You
Speaker 3: need to build real fans, you need to like build
Speaker 3: a product, and you could take them on. All these
Speaker 3: idiots that are involved with this just think they can
Speaker 3: win quick with cash and you can't it's so if
Speaker 3: you wanted to actually try and do this, you should go,
Speaker 3: like you have to throw away the live brand. You
Speaker 3: have to start something and actually take a long term
Speaker 3: viewpoint of this is going to take time, but we
Speaker 3: will take them down in twenty years, because you can't
Speaker 3: just overtake. You cannot just topple the longstanding monster brand
Speaker 3: in a space. It just doesn't work that way. It
Speaker 3: took Salesforce decades to take down what was it Seebel
Speaker 3: that they overtook is like the primary customer relationship management software.
Speaker 3: This is not just an overnight thing. You don't just
Speaker 3: and these people are morons. They're complete morons, and they
Speaker 3: don't deserve to run a business. It should go bankrupt
Speaker 3: and all of them should be whisked away. But like,
Speaker 3: if you wanted to actually think about doing this, take
Speaker 3: the two point fifty and buy a brand that people
Speaker 3: don't viscerally hate. Yeah, I mean there's.
Speaker 2: There's it's a bad public image, horror, toxic brand, but
Speaker 2: also it's they've it's a horrible business like that seems
Speaker 2: to cover up the fact that they've they've burned through
Speaker 2: seven six five seven six billion dollars without really making
Speaker 2: anything profitable or or anything of substance lasting even at
Speaker 2: a loss, and and or that's popular or that's useful.
Speaker 2: It's it's not an attractive business proposition. It's not attractive
Speaker 2: branding proposition. Does that mean it's dead? I don't think.
Speaker 2: I don't think so necessary. There might be something that comes,
Speaker 2: but what is the law term? There is no law term.
Speaker 2: So what we've lost the piff and it's gonna be
Speaker 2: better next year. It's gonna have a better chance at survival.
Speaker 2: We've lost John ram Say he leaves and we've gone
Speaker 2: from fourteen to ten events. It's like a Bryson Events
Speaker 2: YouTube tour. Whatever it is, it's gonna be better long
Speaker 2: term chance. Uh maybe at some sort of shelled scaled
Speaker 2: down different product, but not at whatever they these players
Speaker 2: think it is at this current moment or what's being portrayed.
Speaker 2: It's do you think Wednesday this week was good for
Speaker 2: the image, good for the bland. That is a serious
Speaker 2: business and a serious yeah, that's.
Speaker 3: Well, this is the thing, like you do this whole thing,
Speaker 3: and you make this announcement and then it comes out
Speaker 3: that it's like none of this is true. Who wants
Speaker 3: to do business with you who after two days ago
Speaker 3: is like dying to give you real money. The thing
Speaker 3: needs to just it is run its course, and the
Speaker 3: smartest thing they can do is go bankrupt and get
Speaker 3: rid of all these contracts and move on to the
Speaker 3: next thing. Move on this. This is over.
Speaker 5: It's over.
Speaker 3: It's it's not. Yeah, you could keep it going with
Speaker 3: two hundred and fifty million dollars of a two hundred
Speaker 3: and fifty million dollar loan, but all you're doing is
Speaker 3: taking somebody's money with no hope of returning it.
Speaker 2: I enjoyed just to read this lead paragraph from Joe Pompiliano,
Speaker 2: who writes about business. I think now has its own
Speaker 2: stubstack quote. It's not hyperbole to say that live golf
Speaker 2: is one of the least attractive investment opportunities in sports.
Speaker 2: Just think about what you're buying. The organization has hundreds
Speaker 2: of millions and liabilities, no guarantee that its biggest stars
Speaker 2: will be playing there after this year, and its expenses
Speaker 2: are so high that has lost eight dollars and fifty
Speaker 2: the sounds for every one dollar and has invested in
Speaker 2: its product. Even if you wanted to make it work,
Speaker 2: the world's largest Sovereign Wealth Fund has already pumped six
Speaker 2: billion into the project and signed some of the sport's
Speaker 2: biggest names. If that couldn't help Live attract the TV audience,
Speaker 2: what makes you think a smaller investor with a reduced
Speaker 2: schedule in smaller tournament persus will and answer that question
Speaker 2: is maybe they're just looking for a different just a
Speaker 2: different product, and it's not about a TV Maybe it's
Speaker 2: a YouTube body and maybe it's just something smaller. But
Speaker 2: that's not what they're selling right now. It is not
Speaker 2: an attractive investment opportunity in my opinion, which doesn't need
Speaker 2: to carry any weight. But if this, do you think
Speaker 2: they can pull off this miracle? Like say they set
Speaker 2: piff settles, which I think sounds most realistic, piff just
Speaker 2: like settles, the contracts the players, several of them aren't
Speaker 2: going to resign on whatever they do.
Speaker 3: Of Rom's gone, Hatton's gone, Nieman's gone, and at that point,
Speaker 3: like what do you have you have Bryson? Are you
Speaker 3: Are you excited about Bryson backing down Scott Vincent.
Speaker 2: To win like world ranking points? Probably gone, it's gone.
Speaker 2: We're talking about like a some sort of just traveling
Speaker 2: circus type thing.
Speaker 3: I think like they could make a meaningful YouTube presence possibly,
Speaker 3: but at the same time, like do you need two
Speaker 3: hundred and fifty million dollars to do that?
Speaker 2: I don't know, Soopers might say, I'm not an expert. Peach, Peach,
Speaker 2: come in here. I got a question for you. We
Speaker 2: can't withdraw our money from these, Brendan.
Speaker 3: Peach, what do you think is has been Live's greatest
Speaker 3: three moments, and it's where are we at your four
Speaker 3: or five?
Speaker 2: I put Anthony Kim, is it?
Speaker 5: That's that's one for sure.
Speaker 2: Anthony Kim winning against rom and Bryson like kind of nuts.
Speaker 5: I could. I could make an argument that Anthony Kim
Speaker 5: coming out of hibernation is too.
Speaker 2: It's up there.
Speaker 3: I don't know.
Speaker 2: Like the DJ putt at the International in Boston, I
Speaker 2: feel like was a good, nice little moment. I think
Speaker 2: he'd beat Nieman if that's right. That was early in
Speaker 2: the nascent days.
Speaker 4: Of Live.
Speaker 5: Bryson Bryson fifty eight.
Speaker 2: I like Live Adelaide and it's just in general, probably
Speaker 2: a big moment.
Speaker 5: Two guys won majors technically are recounting those.
Speaker 2: Yeah, Brooks and Bryson. Yeah, I could say that, but
Speaker 2: that's not the product itself, that's not live itself.
Speaker 3: What about you doing well? I just wanted to ask
Speaker 3: this question. So I don't know if this is like
Speaker 3: the right comp for the wrong comp here, But like
Speaker 3: if I were gonna if I approach you two and head,
Speaker 3: here's a five billion dollar budget, and I want you
Speaker 3: to make a traveling worldwide concert series, like where you
Speaker 3: have festivals like all over the world and you you
Speaker 3: get to sign up the acts and they're going to
Speaker 3: play all around the world. Do you think if you
Speaker 3: did that, do you think you'd struggle to come up
Speaker 3: with like four big time moments like where we're talking
Speaker 3: about DJ Putt. Like the wild thing about this whole
Speaker 3: thing is like they've spent all this money and they
Speaker 3: deliver like two good moments a year.
Speaker 4: Yeah.
Speaker 3: Oh, it's it's like they.
Speaker 2: It hasn't generated you know, it has for some you know,
Speaker 2: there are fans out there, but in terms of the
Speaker 2: larger sports zeitgeist, whether it's in America or elsewhere.
Speaker 5: I mean, I don't I don't know how good the
Speaker 5: concerts are, but seems like people enjoy enjoy the post
Speaker 5: round concerts got a lot of cash.
Speaker 2: It seems like the in person experience is quite good,
Speaker 2: quite fun, and enjoyable for people who go to these things.
Speaker 2: I'll give them that based on multiple people, you know,
Speaker 2: kind of unbiased reviews who have gone that they enjoy
Speaker 2: that is enjoyable in a young crowd. But I think
Speaker 2: that depends. It looks like Bedminster's pretty empty this week. Yeah,
Speaker 2: it's it's we'll see where it goes. I just want
Speaker 2: to add one little wrinkle from the day that came
Speaker 2: out was BC Partners and this this totally feels and
Speaker 2: Leamania and I kind of were at this like reading
Speaker 2: between the lines. It seems like Bryson is committed. There
Speaker 2: was this big notion of like in April, you know,
Speaker 2: he's renegotiating with Piff. Then it's like is he going
Speaker 2: to stay on? What does he say? Like, what do
Speaker 2: I want to be at this point in my life?
Speaker 2: Am I a you know, create content creator or am
Speaker 2: I a pro golfer?
Speaker 4: Uh?
Speaker 2: You know, it seems like they were going to maybe
Speaker 2: lose Bryson. Bryson seems committed based on what we've seen
Speaker 2: this week, whether it's leading players meetings, the what sounds
Speaker 2: like could be this two point zero being a little
Speaker 2: bit more Bryson Worldwide Events, YouTube whatever it might be circuit.
Speaker 3: UH.
Speaker 2: It came out that BC Partners as a leading is
Speaker 2: a UH. This was Josh Carpenter, BC as a stake
Speaker 2: in the agency GC GSE Worldwide, which has a large
Speaker 2: group of players on live including Bryson, Deshambeau.
Speaker 6: UH.
Speaker 2: GSSE the agency UH, they represent Bryson and several others
Speaker 2: clarified that to Josh Carpenter by saying, we want to
Speaker 2: provide a clarification regarding BC Partners that are potential financing
Speaker 2: transaction involving live golf. BC Partners acts as a lender
Speaker 2: to GSE. Gatemore Capital holds one hundred percent of the
Speaker 2: companies voting shares. They did not specify what company. It's
Speaker 2: clearly GC is what they mean. It's just for an
Speaker 2: official statement. This is straight from the Tortured Language Department.
Speaker 2: As always, GS continues to operate independently and the best
Speaker 2: interests of our clients. The reported transaction is a matter
Speaker 2: for the parties involved. Neither GS nor gate More we're
Speaker 2: aware of the transaction or are participating in any of
Speaker 2: those discussions. Our focus remains entirely on delivering exceptional service
Speaker 2: to our clients. Takes some effort, but not you know,
Speaker 2: have to be a rocket scientist to read it. But
Speaker 2: it was just tortured language. BC lends money to GSE.
Speaker 2: Gatemore is the you know, parent company or owner and
Speaker 2: operator of GSE, So there is no this lender for
Speaker 2: Live does not have as it was initially portrayed, a
Speaker 2: stake in GSE. It's a lender and Gatemore is sort
Speaker 2: of the owner operator because that would just like gs has,
Speaker 2: you know, at Pinehurst. I'll never forget. Twenty twenty four,
Speaker 2: an agent referred to GSC as quote human traffickers. The
Speaker 2: way they were that may be a little cruel, not
Speaker 2: my words, but the way they were sort of shipping
Speaker 2: their funneling guys to Live the time. But they represent
Speaker 2: PGA tour guys too. Like I'm trying to Sam Burns
Speaker 2: off the top of my head, a GSE client, they
Speaker 2: could not be or some investment arm of GC can't
Speaker 2: be just involved in sort of propping up this new
Speaker 2: tour competitor tour to the PGA tour. So that was
Speaker 2: just but it does seem Bryson driven, whether it's an
Speaker 2: official parent company or official friends of the program capacity.
Speaker 2: Bryson does seem to have a heavy involvement in whatever
Speaker 2: this potential two point zero could be. It's a term
Speaker 2: sheet right now in l o I, or an official
Speaker 2: contract that comes to fruition in September. So that's business minute.
Speaker 3: You. You know, if you wanted to look at this
Speaker 3: from a pair of rose colored glasses or tinted glasses,
Speaker 3: like I have a company for you. Our friends at
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Speaker 3: Oh yeah, these things help me. I see them better.
Speaker 3: I can actually like see where the ball lands.
Speaker 4: Again.
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Speaker 2: you have to chaddy in the Shady Rays? Okay, there
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Speaker 2: Shady rays dot com. Whether it's polarized color USh, whatever
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Speaker 2: shady rays dot com. The promo code is shotgun. I
Speaker 2: think that's it for Live Business Minute. It's an interesting
Speaker 2: proposition as we move forward, but I wouldn't say this
Speaker 2: was a positive week. I do think they could get
Speaker 2: guys to come in. There's all sorts of rumors about
Speaker 2: who be floating around the peripheral and jump, but it's
Speaker 2: not a not attractive thing right now.
Speaker 3: I just don't understand why, even in their like, why
Speaker 3: they are even committed to trying to push forward when
Speaker 3: you could just go by. There's plenty of struggling owgr
Speaker 3: accredited tours around the world that you could go purchase
Speaker 3: and rebrand that doesn't have the live like. I just
Speaker 3: think they've done so much damage to to the to
Speaker 3: the golf consumer that you there's no path forward.
Speaker 2: It's a struggle to see it. I think, yeah.
Speaker 3: And at the core of that, if there's no path
Speaker 3: for with the majority of golf consumers, what's the path
Speaker 3: forward for the business?
Speaker 2: I think something will survive. It will just be a
Speaker 2: shell of itself with less players and less events, and
Speaker 2: but they'll be able to say, whether based on pride
Speaker 2: or whatever, that we're still here. I don't know that
Speaker 2: the business will become any more attractive.
Speaker 3: All right?
Speaker 2: Should we bring in Kevin van Volkenberg for a quick
Speaker 2: flashback Friday? President's Cup Flashback Friday? PJ? Is he ready
Speaker 2: and available for Flashback Friday? We're live now on YouTube.
Speaker 5: He's coming in. He doesn't have camera on, so give
Speaker 5: him two minutes.
Speaker 2: Okay, Andy, I want to do a quick quiz here.
Speaker 2: I'm getting prepared for USAM. This will be this will
Speaker 2: be an occasion for you to kind of puff your
Speaker 2: chest out and have a little fun. The USMO is
Speaker 2: digging through the field. Just all the crosshairs on this one,
Speaker 2: age groups where they're from. Who there are all these
Speaker 2: like you?
Speaker 3: Dig it in.
Speaker 2: I'm gonna go up to Philly a couple times next week.
Speaker 3: I think.
Speaker 2: There are forty five of fifty states are represented. This
Speaker 2: is just a quick little Friday whimsy quiz. Which five
Speaker 2: states would you guess? Now we only take twenty minutes
Speaker 2: trying to guess, but off the top of your head,
Speaker 2: five states do not have one single representative at the
Speaker 2: USAM next.
Speaker 3: All right, this is great. I mean the obo the
Speaker 3: obvious answer is Alaska.
Speaker 2: That is correct, That is one of five.
Speaker 3: I think then you just immediately go to kind of
Speaker 3: like Montana.
Speaker 2: Montana has won. I went there immediately as well.
Speaker 3: Yes, I think, then you go to the Dakotas. The
Speaker 3: Dakotas each have one. I also went there immediately. Yeah, okay,
Speaker 3: well does each have one? Let's go Delaware. Delaware is correct,
Speaker 3: Delaware and Alaska. You got two of five. Man out
Speaker 3: of my guesses, Well.
Speaker 2: No, I mean you can go unlimited guesses. It took
Speaker 2: me forever to come up with it. The fifth one
Speaker 2: is going to shock you. I'll just say that Wisconsin. Yes,
Speaker 2: you know that was the fifth one. Did I lead
Speaker 2: you there saying you could puff your chair? I could
Speaker 2: not belie it. I'm just thinking about, you know, like
Speaker 2: your golf or what. Yeah, Well, honestly, like.
Speaker 3: I I hate to do this to our fine neighbors
Speaker 3: of the north.
Speaker 2: Sounds like it.
Speaker 3: I mean, I I grew up doing this, you go.
Speaker 3: I never was successful doing it. But like, frankly, there's
Speaker 3: there's just more good golfers in Chicago than Wisconsin.
Speaker 2: And I'm going to get so much blumbers game. That's
Speaker 2: a numbers game.
Speaker 3: Yeah, yeah, yeah, there's a lot of great golf in Wisconsin.
Speaker 3: There's great golfers everywhere all right, but everybody's always looking
Speaker 3: at it. Like if I'm in Chicago, it's like not
Speaker 3: a far drive to go to Wisconsin. But it's also
Speaker 3: not just Chicago. It's Iowa. Like Iowa has like limited
Speaker 3: qualifier site, like limited qualifier spots and always has really
Speaker 3: good players. So it's like you get this influx of
Speaker 3: Iowa and Illinois and then you get people from like
Speaker 3: other places that come in there and it's hard. So
Speaker 3: Wisconsin's won.
Speaker 2: I was shocked by that. So you you've hit Alaska, Wisconsin,
Speaker 2: and Delaware.
Speaker 3: You're on the right path.
Speaker 2: With Montana, big western state with limited limited population.
Speaker 3: Idaho has four. I was shocked by that. Then let's
Speaker 3: go h Louisiana.
Speaker 2: No, Louisiana's got that.
Speaker 3: I'm just trying to think of weird. I went here,
Speaker 3: I did live.
Speaker 2: Hampshire, Maine, New Hampshire each have small amounts. So it's
Speaker 2: Rhode Island and Delaware. You to little states, little states
Speaker 2: Alaska and Wyoming. Alaska and Wyoming are the big states
Speaker 2: with small populations. Rhode Island, Delaware, Alaska, Wyoming. And then
Speaker 2: Wisconsin was the one that just didn't fit with me.
Speaker 2: The code is CODs have more people in Wisconsin, New Mexico, Montana,
Speaker 2: all these plays Hawaii. I guess you know it's a
Speaker 2: warm state. But listen, it's just Wisconsin more of a point.
Speaker 2: Milwaukee's a northern suburb of Chicago. It's just just more,
Speaker 2: you know, just ammo here for the for the take,
Speaker 2: Ohio has more players in the field than.
Speaker 3: Wisconsin's practically just like an amalgam nation of Iowa, minneap
Speaker 3: Minnesota and uh and Illinois. I was going to ask
Speaker 3: you this, this might be the wrong time to asked this.
Speaker 3: How many real cities are there in America? Like real
Speaker 3: cities where like when you leave you're you're not saying, well,
Speaker 3: that's a nice town. Because I do think that town.
Speaker 3: There's there's a lot of nice towns that get get
Speaker 3: named as cities.
Speaker 2: What about it feels like you have one on your
Speaker 2: on your tip your ton. I mean, what's what's an
Speaker 2: example of one that's called the city? But you think
Speaker 2: it's just a town.
Speaker 3: I mean, honestly, what I mean Cleveland?
Speaker 2: I think you're going to say Cleveland, that's.
Speaker 3: Just nice town.
Speaker 2: Accurate. It's got three professional sports teams, it's a massive region,
Speaker 2: it has like an incredibly old like it was a
Speaker 2: top you know, by population.
Speaker 3: Let's not go crazy, Austin, Texas. Nice town m not
Speaker 3: a city.
Speaker 2: I don't know about that. The traffic would say otherwise.
Speaker 2: I think it's pretty populous.
Speaker 3: Boston, Boston, Massachusetts. Sure, okay, nice town.
Speaker 2: This sounds like this sounds like an insane dinner conversation
Speaker 2: you had this week, but you wrapped yourself into some
Speaker 2: bad takes pad positions.
Speaker 3: Teaches on board with me with this.
Speaker 7: I mean, look at this this movie about Boston. What's
Speaker 7: it called the town because it's about Charlestown. It's a
Speaker 7: little small outer borough of north of Boston proper. That's
Speaker 7: why I caught the town.
Speaker 5: Very famous town, very famous Boston movie called The Town.
Speaker 5: Nashville was another option.
Speaker 3: I had nice Town, Nice Town, Nashville. Uh, you got Lston,
Speaker 3: great town. I mean and and I say this like
Speaker 3: sometimes it's better to be a town than a city.
Speaker 2: So what's below town?
Speaker 3: Village?
Speaker 5: Yeah? Gathering?
Speaker 2: So what's the of.
Speaker 3: A village now?
Speaker 2: Like is Jacksonville village? Yeah?
Speaker 5: Jack?
Speaker 3: I don't know if Jacksonville is not anything. I think
Speaker 3: PJ and I we talked about this. I don't We
Speaker 3: don't think Jacksonville is anything.
Speaker 5: There was a lengthy Jacksonville segment.
Speaker 2: You guys are complete clowns. This sounds like a disaster.
Speaker 5: He never answered the question though, of how many cities
Speaker 5: are there in America Reels.
Speaker 3: I would say every every.
Speaker 2: Every city that has a professional sports franchise is a city.
Speaker 2: But in Jacksonville, green Bay is the city. Yes, that's
Speaker 2: a good That's that one almost pucked a hole though
Speaker 2: in my.
Speaker 5: You said yes because you didn't want it to focal.
Speaker 2: I'm a principal, I'm a standing on my corner on principles.
Speaker 3: That's a disingenuous Yes, green Bay genuous. That's started. You
Speaker 3: didn't believe it it.
Speaker 2: Yes, I'd say that's a good test. Professional sports, proper, hospital, proper,
Speaker 2: you know, orchestra universities like things like that, like Cleveland
Speaker 2: has might be a good What are you basing it on?
Speaker 4: PJ?
Speaker 5: We settled on two. The answer was too There are
Speaker 5: two cities in the United States of America, New York
Speaker 5: in Chicago.
Speaker 2: I can't believe the guy from New York and the
Speaker 2: guy from Chicago settled on this at dinner, and now
Speaker 2: we've brought our entire audience into this insane exercise.
Speaker 5: If there was a third, we decided it would be Washington.
Speaker 2: Los Angeles is what just a region?
Speaker 3: Los Angeles? He talked about Los Angeles probably the most. Yes,
Speaker 3: the problem is it's like a city, but it got
Speaker 3: stepped on, so it's too expansive. I'd say it's density
Speaker 3: because it got stepped on.
Speaker 2: Los Angeles is more of like a culture than anything
Speaker 2: than like two.
Speaker 3: You know, now you're getting into it now. Now you're
Speaker 3: starting to see the light of what we're talking about here.
Speaker 3: With that answer, I.
Speaker 2: Think New York I think they might be too big.
Speaker 2: I might go the other way, to be cities.
Speaker 3: Well, then what should they be called? Then?
Speaker 2: A region?
Speaker 3: A region, Like we wanted to give philliate, but people
Speaker 3: commute from Philadelphia to New York.
Speaker 2: That was a black mark Lebron does the reverse.
Speaker 3: Yeah yeah, okay, sob of New York.
Speaker 2: I think they would quibble with that. I think they
Speaker 2: might might take umbrage.
Speaker 5: I mean, that's that's okay, they can take Umbridge.
Speaker 2: Just I think Philly has its own entire culture, history, identity,
Speaker 2: and it's very, very far removed from a suburb of
Speaker 2: New York. If I had to say so, where Philly
Speaker 2: ends and New York begins is probably a bigger, more
Speaker 2: substance conversation. So anyways, all right, I could see you
Speaker 2: guys were busy at the dinner this week in Chicago
Speaker 2: getting get into the heart of the matter. Uh, do
Speaker 2: we have KVV ready for flashback Friday? Okay, that's pretty
Speaker 2: much where KVV stands on this argument. I wonder I'm
Speaker 2: sure it wouldn't be favorable for Baltimore.
Speaker 4: What a disgusting argument.
Speaker 6: First of all, the first thing I hear when I
Speaker 6: come onto the podcast is that Montana isn't going to
Speaker 6: have any representatives in the US, which is disgusting. And
Speaker 6: then I hear that the entire state is filled nothing
Speaker 6: but villages, you know. Yeah, and then Baltimore course doesn't
Speaker 6: going to make the cut. What is That's just a town?
Speaker 3: No chance, Baltimore town.
Speaker 5: We were debating Baltimore suburb of DC. If we gave.
Speaker 3: That. I love hearing that.
Speaker 6: Yeah, Baltimore was a city long before when DC was
Speaker 6: a friggin swamp. PJ, are there anyone? Is anyone actually
Speaker 6: from d C? Like literally, no, just sometimes get people
Speaker 6: from surrounding areas. I don't think Brendan knows a single
Speaker 6: person who's from there.
Speaker 2: Oh, I know a lot of people from Montgomery County, Maryland,
Speaker 2: not necessarily DC.
Speaker 3: I supp okay, I want to reiterate this. I had
Speaker 3: not reiterate bring to the light why this all started.
Speaker 3: This all started because somebody said something about the city,
Speaker 3: you know, and you know, they were talking about Chicago,
Speaker 3: and PJ said, there's only one city, there's only one
Speaker 3: place you can refer to as the city with It
Speaker 3: started with Pj's I don't.
Speaker 5: I don't think that's really how this happened. But but
Speaker 5: sure we can go with that. I stand by my
Speaker 5: take that if you say you're going to the city,
Speaker 5: there's only one city that applies to that.
Speaker 3: No, No, that's not true.
Speaker 2: That's not true. If you're going downtown, does it only
Speaker 2: mean you're going to the financial district. That's only what
Speaker 2: it is.
Speaker 3: You can't go down. You can go to Port Rush
Speaker 3: if you wanted to, I will say, I will say
Speaker 3: New Yorker. PJ yesterday said this remark to me, I'm
Speaker 3: dreaming of that hot honey pepperoni pizza from last night.
Speaker 5: It was a good pizza.
Speaker 3: Dream I'm dreaming of a Chicago style pizza from last night,
Speaker 3: which I actually I've never heard him say any thing
Speaker 3: about dreaming of New York food period pizza.
Speaker 5: So I've had some good pepperoni pizza here to.
Speaker 4: Be clear, or food period.
Speaker 6: I just thought of like gummy bears and sodas and
Speaker 6: such that that's what he survived on, like one of
Speaker 6: those aliens that eat sugar only.
Speaker 3: Yeah, how about that? How about that? That's pizza Beachi
Speaker 3: uh in West of Chicago. Dreaming has PJA dreaming the
Speaker 3: next day just unprovoked, just playing like the eleventh hole
Speaker 3: of golf and just comes out of his mouth. I'm
Speaker 3: just dreaming of that pizza from last night. It was
Speaker 3: like noon.
Speaker 5: I was hungry. I wanted more pizza.
Speaker 3: It was great. You know, we see it like nine
Speaker 3: fifty in the morning.
Speaker 5: Ever, I was hungry.
Speaker 2: Kvb's out playing golf. Let's get him. Let's get him
Speaker 2: going here. What do you have for us for a
Speaker 2: B Dratty President's Cup Flashback Friday? Of course, B Dratty
Speaker 2: is the proud sponsor of the uniform provider of the
Speaker 2: President's Cup for both teams. I got a little little
Speaker 2: shipment to that this week, Jack lawn Sleeve, Buy it,
Speaker 2: love it, the Jack lawn Sleeve pullover, towartership things money.
Speaker 2: If you're a proud American and want to fly the flag,
Speaker 2: go to B Dratty. Of course, our promo code is
Speaker 2: ACGS thirty. This is a B Dratty President's Cup Flashback Friday, Kevin,
Speaker 2: what do you have for us?
Speaker 6: Well, that's the first Flashback Friday we're doing, you know,
Speaker 6: from the road, from the course, and the reasons will
Speaker 6: be apparent in a second. Guys, I want to take
Speaker 6: you back to the nineteen ninety four President's Cup, the
Speaker 6: original President's Cup, if you will, If you recall, of course,
Speaker 6: the President's Cup is one of these things that the.
Speaker 4: PGA Tour just invented out of nowhere.
Speaker 6: Dean Beeman decided, you know what, we should have one
Speaker 6: of these things that looks resembles the Ryder Cup, and
Speaker 6: not everyone really was thrilled about it.
Speaker 4: Not everyone loved it.
Speaker 2: Trying to make it this podcast existed. You have not
Speaker 2: a scrutiny that would be on this new fangled cup.
Speaker 3: I've been in tuts.
Speaker 6: Tom Kite, who was like a ninth or tenth in
Speaker 6: the points standings, basically said to Captain Hill Or when
Speaker 6: I don't want to play in this, do not pick me,
Speaker 6: and so they passed over him. Sev never won to
Speaker 6: shy away from the microphone, was asked what he thought
Speaker 6: about it, and he said, it's very bad. I think
Speaker 6: it's a rip off essentially of the Ryder Cup. They've
Speaker 6: seen how much money the Ryder Cup is making and
Speaker 6: they're trying to get in on that.
Speaker 4: Don't like imitations.
Speaker 6: Greg Norman declared himself sick ahead of the competition, said
Speaker 6: he had some intestinal thing.
Speaker 4: Ernie Els, yeah.
Speaker 6: Ernie Els said he had a prior commitment that he
Speaker 6: had already committed to play in the Dunhill and so
Speaker 6: he refused to play anyway. So that was kind of
Speaker 6: setting a little bit of the stage about, you know,
Speaker 6: just how serious some of this stuff was going to
Speaker 6: be taken. And the very first day the Americans jumped
Speaker 6: out to a five nothing lead. It was looking like
Speaker 6: it was going to be an absolute blowout. The Internationals
Speaker 6: weren't really much up for the fight. They were there
Speaker 6: two to two through the second session, but then in
Speaker 6: the third session is where things kind of got briefly
Speaker 6: a little bit interesting. The Internationals fought back and won
Speaker 6: three of the five matches. One of the matches that
Speaker 6: turned out to be sort of a key match was
Speaker 6: a match between Bradley Hughes, who had been the replacement
Speaker 6: for Greg Norman and Craig Perry versus Tom Layman and
Speaker 6: Lauren Roberts. Now, as you recall it, Lauren Roberts, nicknamed
Speaker 6: the Boss of the Moss, was known for being a
Speaker 6: i would say, meticulous player. Decided to take his time
Speaker 6: various things, and so not only just around the greens,
Speaker 6: but in general around the holes. So on the twelfth hole,
Speaker 6: which is a par five at Robert Trent Jones Golf Course,
Speaker 6: Roberts was given a warning for slow play saying that
Speaker 6: he had gotten a bad time in the previous hole
Speaker 6: at the end. By the end of the twelfth hole,
Speaker 6: he would take it a long time to sort of
Speaker 6: make a bogie and got a second consecutive bad time.
Speaker 6: So on the thirteenth tee, the official came over and
Speaker 6: informed Lauren Roberts that he had to sit out the
Speaker 6: next hole, that he was suspended from competing in the
Speaker 6: next hole, which is I've never heard before in match
Speaker 6: play before since yeah, Tom Layman had to play the
Speaker 6: next hole all by himself in four ball, and so
Speaker 6: Craig Perry and Bradley Hughes made a birdie insted of
Speaker 6: Tom Layman to go up for the match.
Speaker 2: Just happened this, guys just making it up on the fly.
Speaker 2: Was this in the bylaws?
Speaker 4: That's so I've searched everywhere for like more information about this.
Speaker 6: This only came up to light because Bradley Hughes tweeted
Speaker 6: about it recently or put a post up about Instagram
Speaker 6: about it. Was like, hey, you know, slow play continues
Speaker 6: to be a controversy in golf. You'll never you know,
Speaker 6: you probably never heard this story.
Speaker 3: Whatever.
Speaker 6: This didn't appear in any of the like newspaper stories.
Speaker 6: I messaged Bradley Hughes begged him to come on the
Speaker 6: pod and discuss what happened. Didn't get a response, but
Speaker 6: I just thought that was fascinating that a player was
Speaker 6: forced to sit in the very first President's Cup and
Speaker 6: one that was just generally not being taken seriously by
Speaker 6: half the players, that the officials came out and sat
Speaker 6: Lauren Roberts's ass down on the thirteenth hole so he
Speaker 6: could not participate in that.
Speaker 3: Could you see the TV coverage playing out now, and
Speaker 3: obviously we might go to like three commercials while this
Speaker 3: was going on the camera, the camera is just like
Speaker 3: you see Lord Roberts just arms crossed, like walking along
Speaker 3: like on the car path because he has to sit
Speaker 3: out a strategy.
Speaker 6: I think too, I think this should be more often
Speaker 6: enforced in these matching I really wonder if he was
Speaker 6: he allowed to like consult with Layman at all, could
Speaker 6: he help read a putt?
Speaker 4: Or do you just have to like be removed entirely.
Speaker 6: Like the baseball managers and they get thrown out of
Speaker 6: the game, They're not allowed to like, you know, signal
Speaker 6: any strategy or anything.
Speaker 2: So that's amazing that's a great flashback, Katie. I really
Speaker 2: appreciate you calling him from the I have no recollection.
Speaker 4: Of as a as a tribute.
Speaker 6: I've sat out the last holesary you.
Speaker 2: Had to indulge the state town town village debate while
Speaker 2: you are in the middle of your.
Speaker 3: Golf I also wanted to just just let you know
Speaker 3: that yesterday on my college Buddies tax chain that play golf,
Speaker 3: one of my buddies said, I started watching The Hawk.
Speaker 3: I'm really enjoying it. And then your piece this morning
Speaker 3: about the Hawk has fostered debate in the text Chaine
Speaker 3: about the Hawk and the marriage with with diverse opinions
Speaker 3: on both sides.
Speaker 6: Well, that's that makes for a good article. Then, right,
Speaker 6: we've stirred up debate. Perhaps I need to drop into
Speaker 6: your text thread and defend my take.
Speaker 5: A little bit.
Speaker 3: Well business Pete dropped in this morning and said, Chad,
Speaker 3: you might not want to want to want to read
Speaker 3: this morning.
Speaker 2: Well, I mean, yeah, whatever, this isn't it like number
Speaker 2: two on Netflix some of the most popular shows the district.
Speaker 6: Probably another another season of The Hawk. You know, there's
Speaker 6: a couple of parts here and there that have a
Speaker 6: little bit of charm, but mostly it's just incredibly stupid.
Speaker 2: Sometimes we like to eat the trash, eat the garbage.
Speaker 2: We like to eat that in the America. Like's just
Speaker 2: enjoying it, all right, Kevin, I don't want to hold
Speaker 2: you up.
Speaker 3: One of the comments from one one one person who
Speaker 3: watched one episode said, I'm still bad about Happy Gilmore too.
Speaker 3: I mean that's yeah.
Speaker 4: Check out the newsletter. There's a long time. It takes
Speaker 4: good and bad regularly.
Speaker 2: Kevin, thank you for joining us. Get back to a round.
Speaker 2: What a little tidbit about the boss of the loss
Speaker 2: having to sit out?
Speaker 3: All right?
Speaker 2: Ah god, it's amazing looking back at that ninety four. No,
Speaker 2: Ernie is kind of a black mark on Earth. Of course,
Speaker 2: now he's become sorry mark on Ernie skippy.
Speaker 3: It this is this is a this is this is
Speaker 3: him standing up to the PGA tours, medaling and making
Speaker 3: up Sure. This is something we talk about on this
Speaker 3: podcast all the time. Look at this. Look at this.
Speaker 3: Once the money drives up, Memphis is just being kicked
Speaker 3: at the curb. It's a perfect example of the PGA tour.
Speaker 2: Well, now he's the uh as the creator of the
Speaker 2: shield and sort of the unifying try. I think he
Speaker 2: still has misgivings about the tour operating both sides of
Speaker 2: the equation at the peak up if I'm not mistaken,
Speaker 2: or at least that's what he seemed to voice in
Speaker 2: Melbourne in twenty nineteen. Did you want to talk about
Speaker 2: FedEx at all? Joseph and I talked now frequently.
Speaker 3: I mean, this is just classic tour, right. They tell
Speaker 3: us Memphis is important, such a great event, and then
Speaker 3: as soon as the money drives up, it's just they
Speaker 3: just kick it to the curb, which I get from
Speaker 3: a business standpoint, But but don't you know, it's just
Speaker 3: it's just the classic. Don't piss on me and tell
Speaker 3: me it's raining.
Speaker 2: I'm not sure the money dried up as much as
Speaker 2: the tour said, we don't want to do.
Speaker 3: This any For the past decade, they've been telling us
Speaker 3: how out spectacular Memphis is.
Speaker 2: Well, yeah, I mean it's like on Wednesday show. Subtext
Speaker 2: of this and I don't mean this in a callous ways.
Speaker 2: Like the death of Fred Smith, the chairman and found
Speaker 2: or FedEx in the past year, played a role, probably
Speaker 2: whether subconsciously or not, as someone who is, you know,
Speaker 2: an important figure in FedEx being associated with the PGA
Speaker 2: tour makes it easier for both sides to re examine
Speaker 2: the relationship. Probably, but it seems like the tour sort
Speaker 2: of kind of strutted in and be like, no, but
Speaker 2: you're right. They've been telling us for years that this
Speaker 2: is all this is a great thing August, this is
Speaker 2: the place to be in August, and this needs to
Speaker 2: be elevated even further. And you know, Jay Monahan, as
Speaker 2: I said on Wednesday, was like, came short of driving
Speaker 2: a FedEx. It was just an inch short of driving
Speaker 2: a FedEx truck around. They were just that was their
Speaker 2: sugar daddy. And now it's like, well, no, maybe for
Speaker 2: the sake of our own product, we're not going to
Speaker 2: do this anymore. But we'll see if FedEx goes away
Speaker 2: as an umbrella of like the whole deal, the teams like.
Speaker 3: That's going to happen.
Speaker 2: That's that for me is the more significant significant news.
Speaker 2: Then everyone coming to realization Memphis maybe isn't what where
Speaker 2: it should be at a for a consequential event late
Speaker 2: in the season. All right, I don't have much else.
Speaker 2: Uh Wyndham quick checking the Bow Show sixty one at
Speaker 2: the Wyndham Championship. Jackson Coyven if he, you know, would
Speaker 2: got sony five percent of the tournament to play. Still,
Speaker 2: essentially he would knock out Jackson Coavin from the playoffs.
Speaker 2: Bow Show, who hasn't won and is two hundred This
Speaker 2: is two hundred and fifty second start on tour. It
Speaker 2: goes Patrick Rogers, Mark Hubbard, two hundred and eighty two starts.
Speaker 2: Bo Hostler, do fifty one are your most starts? He's
Speaker 2: made fifteen million dollars. I remember when Bo Show was
Speaker 2: at Olympic. I remember that he was like, God, this guy,
Speaker 2: this kid. Essentially now he's thirty one, world being amazing.
Speaker 2: I did an interview with Stu Hagistad when he was
Speaker 2: going to the Masters first his first Midam. I believe
Speaker 2: that would have been like twenty seventeen Masters, twenty sixteen Midam,
Speaker 2: and he talked about like growing up in California and
Speaker 2: having to like play junior golf against Bo Hostler. It
Speaker 2: was just like and can't they would be one too?
Speaker 2: But he specifically cited Hostlers like this demon. I think
Speaker 2: he's probably a little younger than Stu too.
Speaker 3: Did you see the picture that the Western Am tweeted
Speaker 3: from the last time they were at Beverly. You know
Speaker 3: we won where Hostler won. Yeah, Xander, No, I didn't
Speaker 3: see the picture, so they posted a picture. I'm trying
Speaker 3: to trying to find it now. But you know that
Speaker 3: that Western am Sweet sixteen had like an insane you know,
Speaker 3: everybody goes to the Walker Cup team, right, and this
Speaker 3: was around the same time as the Walker Cup team,
Speaker 3: but they took tweeted a picture of the of the
Speaker 3: of all the Sweet sixteen guys. You had Xander, you
Speaker 3: had Bo Hostler, you had Scottie Scheffler. Like, it's it's
Speaker 3: just wild the list. But there's been like eight major championships,
Speaker 3: I think fifty PGA Tour titles from that Sweet sixteen.
Speaker 3: It's just nuts when you when you zoom out. But
Speaker 3: Bo Hostler being none of those at that time would
Speaker 3: be an insane thing.
Speaker 2: It's it's nuts, man, And I don't want to say
Speaker 2: like he is. He had the same amateur career as
Speaker 2: Jackson Coven. Coiven had it all tied like, but he
Speaker 2: was a stud Valley Huod from junior amateur and like
Speaker 2: you have this odd deal where he could knock Coven
Speaker 2: out of the playoffs. You know, this is if the
Speaker 2: next three days go well, and like a legit stut
Speaker 2: forever forever, junior college, amateur, it coven wins start three,
Speaker 2: and here we have Bo the Bow Show, two hundred
Speaker 2: and fifty two starts and whatever. Fourteen thirteen years later,
Speaker 2: still looking for one.
Speaker 3: It's it's wild. It's hard, man, it's hard. It also
Speaker 3: goes to that the just the keeping in mind, whoever
Speaker 3: is the best at fifteen's rarely the best at eighteen.
Speaker 3: Whoever's the best at eighteen's rarely the best at twenty two.
Speaker 3: Whoever's the best of twenty two is rarely the best
Speaker 3: of twenty seven. And like that's the way golf works.
Speaker 3: And there's occasionally, like insane outliers that are the best
Speaker 3: the whole way, but it's almost never the case. And
Speaker 3: you could look at it right now, it's like unequivocally,
Speaker 3: you know, Jordan Speeth was the best at age sixteen
Speaker 3: eighteen twenty one. Then I think JT was the best
Speaker 3: at twenty five in that same age group, and now
Speaker 3: Xander's the best at age thirty.
Speaker 2: She speaks first, he shot yesterday, he.
Speaker 3: Shot sixty eight. Everybody frame, all the speed legions. You know,
Speaker 3: back around Battle. That's a great, great spot for speed.
Speaker 3: You know when that's kind of speed's kind of ballpark.
Speaker 3: I love hitting taking iron up first t going O B.
Speaker 3: And then you're like f it going yeah, go on
Speaker 3: driver talk the griller. Oh hit iron, hit the cart
Speaker 3: path O B. That's a shame, honestly. All right.
Speaker 2: That does it for another week on the Shotguns, start
Speaker 2: Friday episode Friday Morning Whimsay with the side of business.
Speaker 2: We will talk to you on Monday, wrap up the
Speaker 2: regular season at the window, prepare ourselves for Memphis, and
Speaker 2: probably more more significantly, the US Amateur and Marion talked
Speaker 2: more about that, not just states quizzes on Monday, talk
Speaker 2: to you then
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