WEBVTT - Breaking Down the PGA Tour's New Structure

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<v Speaker 1>I miss a green, for example, I'm already upset. When

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<v Speaker 1>I find my ball in the bunker, I'm really upset.

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<v Speaker 1>And when I find my ball in.

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<v Speaker 2>A bride egg Frida egg, the dreaded Frida egg, Frida egg,

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<v Speaker 2>fridagg Frida egg, bride egg lie, I'm about ready to

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<v Speaker 2>run off the golf course. Welcome back to the Friday

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<v Speaker 2>Golf Podcast. I am your host, Andy Johnson.

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<v Speaker 1>Uh. Today I am joined by Joseph.

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<v Speaker 2>Lamanna and we will be breaking down the big news

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<v Speaker 2>in the golf world. This broke last week shortly after

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<v Speaker 2>we released our podcast breaking down the US Open with

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<v Speaker 2>Trevor Emmelman. The PGA Tour has announced a new competitive structure.

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<v Speaker 2>So you might ask, what does that mean.

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<v Speaker 1>You may have.

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<v Speaker 2>Already, you know, known about this. You may have heard

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<v Speaker 2>about this, but anyways, the PGA Tour will be kind

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<v Speaker 2>of shaking up the structure of their tournaments really, I

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<v Speaker 2>think formalizing the direction that they are going in. And

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<v Speaker 2>these changes will be made for the twenty twenty eight season.

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<v Speaker 2>So Joseph and I are going to bat around kind

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<v Speaker 2>of the news of the month post US Open, which

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<v Speaker 2>is going to be this new competitive structure for the

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<v Speaker 2>PGA Tour, and we're going to talk about the things

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<v Speaker 2>we really like about it, maybe some questions that we have.

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<v Speaker 2>I think a big note here is that not everything

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<v Speaker 2>has been finalized, but we have a lot to chew

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<v Speaker 2>on here with what was announced by Brian Rollapp and

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<v Speaker 2>Tiger Woods a couple a week ago, really a couple

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<v Speaker 2>of days ago, a week go the announcement came out,

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<v Speaker 2>So before we dive in and kind of talk and

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<v Speaker 2>nitty gritty, I wanted to go through a quick rundown

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<v Speaker 2>of everything that was announced so that everybody kind of

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<v Speaker 2>jumps into this conversation with a understanding of what we're

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<v Speaker 2>talking about. So this new competitive structure for the PGA

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<v Speaker 2>Tour is a new two tier system, so there will

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<v Speaker 2>be a top tier on the PGA Tour, And the

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<v Speaker 2>way I would think about this is an expanded version

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<v Speaker 2>of what they have right now with their signature events,

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<v Speaker 2>these big, big time championships with the top players in

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<v Speaker 2>the world.

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<v Speaker 1>There will be.

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<v Speaker 2>One hundred and thirty players eligible for the championship series.

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<v Speaker 2>These will be the top one hundred and thirty players

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<v Speaker 2>ideally in the professional game. Obviously there's some live considerations,

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<v Speaker 2>but I think their goal is to generally get the

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<v Speaker 2>top one hundred and thirty players. They'd expect a weekly

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<v Speaker 2>field to be around one hundred and twenty players with

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<v Speaker 2>a minimum of a twenty million dollar perse. It pays

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<v Speaker 2>well right now to be a very good player. Important

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<v Speaker 2>notes here, every tournament will have a cut to the

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<v Speaker 2>top sixty five and ties. At these championship events they

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<v Speaker 2>will be There will be no spots for alternates or

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<v Speaker 2>sponsors exemptions. So if there's one hundred and thirty players exempt,

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<v Speaker 2>one hundred and twenty two sign up.

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<v Speaker 1>That's how many players are in the field.

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<v Speaker 2>If there's one hundred and eighteen, they aren't going to

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<v Speaker 2>try and add to get to one hundred and twenty.

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<v Speaker 2>So this is going to be a very strict set

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<v Speaker 2>of players that will be playing to retain their card.

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<v Speaker 2>This series will be twenty three to twenty four events,

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<v Speaker 2>and that includes the players the four majors, so already

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<v Speaker 2>there you're down to nineteen and then the Ryder Cup

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<v Speaker 2>or President's Cup. So the season will run from February

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<v Speaker 2>to August and there will be roughly eighteen or seventeen

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<v Speaker 2>PGA Tour Championship Series events. The players and the majors,

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<v Speaker 2>So that will be what the calendar looks like. It'll

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<v Speaker 2>be a sprint from February to August. Now, these guys

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<v Speaker 2>what they will be playing for on the Championship Series.

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<v Speaker 2>The big number here is roughly ninety. It sounds like

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<v Speaker 2>the top ninety will retain their card for sure, like

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<v Speaker 2>you will be You'll be gold if you finish in

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<v Speaker 2>the top ninety of that one hundred and thirty player bracket,

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<v Speaker 2>and there will be promotion, strict promotion and relegation. Like

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<v Speaker 2>I said at the beginning, there are no sponsors exemptions.

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<v Speaker 2>So if a player like you know who's been on

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<v Speaker 2>the bubble in recent years, you know, you remember Justin

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<v Speaker 2>Thomas falling short of the top seventy, Ricky Fowler.

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<v Speaker 1>Missing the playoffs.

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<v Speaker 2>So if you had a situation where a player of

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<v Speaker 2>that ILK or a Tony fee Now or a Jordan

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<v Speaker 2>Spieth fell outside the top ninety, if they don't qualify,

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<v Speaker 2>and we'll get into how they could still earn their card.

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<v Speaker 2>If they don't qualify, they are out. They will not

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<v Speaker 2>be able to get into these Championship Series events, no

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<v Speaker 2>matter how popular you are. Based off of the no exemption,

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<v Speaker 2>the no sponsor exemption, no alternates kind of set up.

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<v Speaker 2>So that top ninety is roughly the idea of the

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<v Speaker 2>promotion relegation structure. Now let's talk about the promotion. The

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<v Speaker 2>promotion will come from the Challenger Series, which we kind

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<v Speaker 2>of laid out. I've heard numbers of that series that

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<v Speaker 2>that player pool will roughly be around like one hundred

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<v Speaker 2>and eighty two hundred players. These this tour will have

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<v Speaker 2>roughly about twenty ish events, at least twenty events they

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<v Speaker 2>said in the in the press release, with four million

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<v Speaker 2>dollar minimum perses and fields of like one hundred and.

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<v Speaker 1>Thirty two to one hundred and forty four players.

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<v Speaker 2>Big thing with the Challenger Series, none of the players

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<v Speaker 2>from the Championship Series can come down and play in

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<v Speaker 2>the Challenger Series. With this Challenger Series, I believe there's

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<v Speaker 2>no sponsors exemptions. So this is this subset of players

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<v Speaker 2>is going to be playing to finish in the top twenty,

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<v Speaker 2>and if you're in the top twenty, you get promoted

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<v Speaker 2>up to the Championship Series. These events obviously will have

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<v Speaker 2>a full will have cuts, and really that's kind of

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<v Speaker 2>the way this is going to work. One of the

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<v Speaker 2>big pieces of this before we get to the postseason

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<v Speaker 2>and what that will look like.

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<v Speaker 1>One of the big pieces of this is the PGA Tour.

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<v Speaker 2>Is kind of getting out of the way of the fall,

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<v Speaker 2>and it seems like it's going to be heavy on

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<v Speaker 2>the DP World Tour where they I think the plan

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<v Speaker 2>is to have some really pre eminent national opens in

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<v Speaker 2>that period of time, think Irish Open, stuff like that

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<v Speaker 2>Australian Open. Obviously, there was news a couple of weeks

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<v Speaker 2>ago that the tour is investing more in that.

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<v Speaker 1>With this fall period.

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<v Speaker 2>Where you're playing on the DP World Tour, there will

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<v Speaker 2>be a last Chance series where these elevated international events

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<v Speaker 2>will you know, have a set of cards with this Also,

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<v Speaker 2>i'd imagine that the DP World Tour right now they

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<v Speaker 2>get ten cards to the PGA Tour, a subset of

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<v Speaker 2>those cards are going to go to this championship series. Surely, Likewise,

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<v Speaker 2>the PGA Tour U pathway will likely have a way

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<v Speaker 2>up or way down. So that's kind of the nuts

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<v Speaker 2>and bolts. I think the big other aspect of this

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<v Speaker 2>is the playoffs. So they're envisioning from what I've heard,

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<v Speaker 2>a Giant Tour championship season, regular season finale. This is

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<v Speaker 2>where there will be this like harsh relegation and this

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<v Speaker 2>idea of like we're sending these people will not be

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<v Speaker 2>playing on this championship series anymore. On top of that,

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<v Speaker 2>they will be playing to earn a spot in the playoffs.

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<v Speaker 2>I think this is when one of the bigger failures

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<v Speaker 2>of the PGA Tour over the last twenty years has

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<v Speaker 2>been to establish a really exciting playoffs. From what I've gathered,

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<v Speaker 2>the playoff structural likely will look like a thirty two

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<v Speaker 2>man playoff with round one which will be like a

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<v Speaker 2>tournament determining a final group of sixteen that will play

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<v Speaker 2>in a match play made for TV event where I

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<v Speaker 2>think no ropes, no fans, and the idea is to

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<v Speaker 2>get a great venue to host this event with just

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<v Speaker 2>sixteen guys and no infrastructure really.

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<v Speaker 1>Needed to host.

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<v Speaker 2>So ESPN had a report that Pine Valley, Cypress, and

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<v Speaker 2>Seminole where the ideas floated. I think that's a little

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<v Speaker 2>far fetched out of the gate, but I think if

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<v Speaker 2>they build something compelling enough, there's gonna be a lot

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<v Speaker 2>of clubs that are banging on the door to host this.

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<v Speaker 2>How they would get to the third to the sixteen

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<v Speaker 2>would be the top thirty two in the FedEx Cup,

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<v Speaker 2>playing a kind of a World Cup Series match play

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<v Speaker 2>event whereas groups of four and an players get out

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<v Speaker 2>of those those groups of four two players per per

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<v Speaker 2>group to round out the sixteen. Obviously, none of that

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<v Speaker 2>was announced. That's just kind of the scuttle But around

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<v Speaker 2>what people are talking about, I think, like when you

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<v Speaker 2>start to think about venues, I think that a big

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<v Speaker 2>piece of this whole change is going to be the

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<v Speaker 2>PGA Tours venue strategy. I believe just in talking to

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<v Speaker 2>a lot of people around the PGA Tour, they are

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<v Speaker 2>going to be putting a heavy emphasis on getting better

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<v Speaker 2>venues for these big tournaments, this championship series events. And

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<v Speaker 2>you know, either they've made a big commitment to big cities.

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<v Speaker 2>You know, some of the cities they've floated that don't

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<v Speaker 2>have that regular championship are the likes of Philadelphia, Washington,

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<v Speaker 2>d C, Boston, New York, Nashville. So where would they

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<v Speaker 2>go there really looking at like some of the bigger cities.

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<v Speaker 2>I believe there's a full time Chicago event in the works.

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<v Speaker 2>We'll see where that ends up. I would I would say,

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<v Speaker 2>if I was a betting man, I'd be looking at

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<v Speaker 2>Olympia Fields and Conboy Farms as kind of the two

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<v Speaker 2>big venues that are likely to want to host the

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<v Speaker 2>PGA Tour regularly. Madina Number three is the other one.

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<v Speaker 2>The President's Cup host this September. They have a BMW

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<v Speaker 2>slated for twenty thirty, so they will likely be a

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<v Speaker 2>part of it, but who knows.

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<v Speaker 1>Long term.

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<v Speaker 2>I think they are really looking for major championships there,

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<v Speaker 2>So that is a little lowdown on what they're looking

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<v Speaker 2>at if you start to think about these bigger time

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<v Speaker 2>venues for these regular events. Cobbs Creek in Philadelphia is

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<v Speaker 2>a public golf course we did podcasts on years ago

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<v Speaker 2>that's being renovated right now by Gil Hanson Jim Wagner.

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<v Speaker 2>That was one of the greatest public golf courses ever built.

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<v Speaker 2>It looks like it is going to be restored to

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<v Speaker 2>its kind of glory, and I think it's it's being

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<v Speaker 2>kind of purpose built for a regular Philadelphia event. I

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<v Speaker 2>think when you look at Boston, it gets a little

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<v Speaker 2>bit tougher. Brookline is not going to be hosting, but

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<v Speaker 2>you're probably gonna see TPC Boston, you know. I think

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<v Speaker 2>that Joseph and I touch on this in our conversation,

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<v Speaker 2>it is so hard to find places that are really

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<v Speaker 2>willing to host the PGA Tour on a annual basis.

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<v Speaker 2>You're basically in these cities committing to your summer, the

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<v Speaker 2>golf course being you know, basically a construction site all summer.

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<v Speaker 2>Then when they take down the stands, it never playing

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<v Speaker 2>the way it should, So, you know, I don't know

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<v Speaker 2>how they're going to attract great you know, for these

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<v Speaker 2>regular events, great venues to host on a regular basis,

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<v Speaker 2>So that's gonna be hard. A couple other little housekeeping

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<v Speaker 2>and I hope I didn't really miss anything.

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<v Speaker 1>I think this should give you the nuts and bolts.

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<v Speaker 2>Brian roll App will be the the commissioner January one,

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<v Speaker 2>succeeding j Onahan and Roy McIlroy, who said he called

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<v Speaker 2>these glorified corn Faery Tour The the Challenger Series event

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<v Speaker 2>has publicly backed the project. I think Rory was pretty

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<v Speaker 2>spot on with this characterization. You know, the corn Fairy

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<v Speaker 2>Tour was the place to earn your card on the

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<v Speaker 2>highest tour in the in the world. This championship series

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<v Speaker 2>is going to be the most sought after card and

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<v Speaker 2>professional golf in the Challenger Series is where you earn it.

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<v Speaker 2>I think the big piece here is that that Challenger series,

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<v Speaker 2>you're going to be able to make a good living

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<v Speaker 2>on that series. And that's the big difference between the

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<v Speaker 2>corn Fairy and that. If your player number sixty on

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<v Speaker 2>the corn Fairy Tour, you're a great, great player, but

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<v Speaker 2>you're not going to be able to make it living

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<v Speaker 2>with four million dollars. Persons, if you're sixtieth on the

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<v Speaker 2>money list, you're not really close to earning your card,

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<v Speaker 2>You're not really close to any relegation.

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<v Speaker 1>You're a really good player.

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<v Speaker 2>This is going to give you a really good place

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<v Speaker 2>to live and kind of grow your game and improve.

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<v Speaker 2>So I think overall that these are great changes, and

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<v Speaker 2>Joseph and I will dive in more to them in

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<v Speaker 2>just a second, but first let's talk about our partner.

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<v Speaker 2>Today's episode is brought to you by the Golf Course

0:14:36.080 --> 0:14:41.920
<v Speaker 2>Superintendent's Association of America. The GCSAA supports more than twenty

0:14:41.960 --> 0:14:46.520
<v Speaker 2>one thousand members worldwide, from superintendents to equipment managers to

0:14:46.640 --> 0:14:50.840
<v Speaker 2>students and educators. Celebrating against one hundredth anniversary this year,

0:14:51.120 --> 0:14:54.240
<v Speaker 2>the GCSAA continues to ensure that its members are on

0:14:54.280 --> 0:14:59.360
<v Speaker 2>the forefront of research, education, innovation, and advocacy through a

0:14:59.440 --> 0:15:03.240
<v Speaker 2>range of pros and services. Its mission is to service

0:15:03.360 --> 0:15:08.320
<v Speaker 2>members advance their profession and improve communities through the enjoyment, growth,

0:15:08.480 --> 0:15:11.840
<v Speaker 2>and vitality of the game of golf. Learn more about

0:15:11.840 --> 0:15:15.520
<v Speaker 2>how the GCSAA is keeping the game on course for

0:15:15.560 --> 0:15:20.360
<v Speaker 2>the next one hundred years at GCSAA dot org. Hey,

0:15:20.440 --> 0:15:24.920
<v Speaker 2>that's a great organization doing great things for really the

0:15:24.960 --> 0:15:29.200
<v Speaker 2>lifeblood of golf, the guys that maintain and prepare and

0:15:29.800 --> 0:15:33.800
<v Speaker 2>take care of the great golf courses far and wide,

0:15:33.840 --> 0:15:36.920
<v Speaker 2>whether it's the munis that kids today are growing up

0:15:36.960 --> 0:15:40.680
<v Speaker 2>and learning how to play on, or the people that

0:15:40.720 --> 0:15:44.960
<v Speaker 2>are out maintaining the best championship golf courses in the world.

0:15:47.240 --> 0:15:51.440
<v Speaker 2>GCSAA does a great job supporting superintendents all over the place.

0:15:52.400 --> 0:16:02.520
<v Speaker 2>All right, let's get to Joseph Lebania. All right, Joseph,

0:16:03.160 --> 0:16:08.080
<v Speaker 2>welcome on and big news. We've talked about PGA Tour structure,

0:16:09.040 --> 0:16:13.640
<v Speaker 2>me and you on this podcast for years. Last week,

0:16:13.840 --> 0:16:18.960
<v Speaker 2>the PGA Tour announced and established their new competitive structure

0:16:19.640 --> 0:16:23.360
<v Speaker 2>with a two model system, the Championship and the Challenger

0:16:23.440 --> 0:16:27.200
<v Speaker 2>series that is set to debut in twenty twenty eight.

0:16:28.000 --> 0:16:30.520
<v Speaker 2>What was you know, if you had to boil down

0:16:30.640 --> 0:16:35.200
<v Speaker 2>to one big takeaway on it one kind of like

0:16:35.280 --> 0:16:38.480
<v Speaker 2>your initial thought if you could take us to when

0:16:38.520 --> 0:16:42.600
<v Speaker 2>the announcement was happened. What was your gut reaction to

0:16:43.160 --> 0:16:45.600
<v Speaker 2>the announcement from Brian Rolapp in the PGA Tour.

0:16:46.800 --> 0:16:48.760
<v Speaker 3>Yeah, Andy, thanks for having me. We have been you

0:16:48.800 --> 0:16:51.200
<v Speaker 3>and I have been having this conversation on this podcast

0:16:51.200 --> 0:16:53.920
<v Speaker 3>for about five years, maybe once or twice a year.

0:16:53.960 --> 0:16:56.840
<v Speaker 3>What should the PGA tour schedule look like? What should

0:16:56.840 --> 0:17:00.600
<v Speaker 3>the points system look like? So my gut reaction was

0:17:01.160 --> 0:17:06.120
<v Speaker 3>sort of finally, like, finally we reached the rational end

0:17:06.160 --> 0:17:08.760
<v Speaker 3>point of if you took these ideas that the PGA

0:17:08.880 --> 0:17:11.720
<v Speaker 3>Tour was kind of toying with, and then somebody came

0:17:11.720 --> 0:17:15.080
<v Speaker 3>in with a fresh perspective and Brian Rollapp, this was

0:17:15.119 --> 0:17:18.040
<v Speaker 3>the direction that you ultimately needed to go. And it's

0:17:18.080 --> 0:17:21.199
<v Speaker 3>a clean break between these two tours. No more of

0:17:21.240 --> 0:17:24.080
<v Speaker 3>this tour within a tour, and like you know, some

0:17:24.200 --> 0:17:26.960
<v Speaker 3>events are worth X number of points, the weaker ones

0:17:26.960 --> 0:17:29.520
<v Speaker 3>are worth why number of points? Now we have a

0:17:29.600 --> 0:17:33.760
<v Speaker 3>clean break the Top Tour and the second tour. But

0:17:33.800 --> 0:17:36.159
<v Speaker 3>the Top Tour we're back to full fields, which I

0:17:36.160 --> 0:17:39.440
<v Speaker 3>think everybody wanted. We're back to having cut lines, and

0:17:39.600 --> 0:17:42.000
<v Speaker 3>I actually do think though, you know, we'll get into

0:17:42.000 --> 0:17:45.480
<v Speaker 3>some of the cons I think the way that mobility

0:17:45.520 --> 0:17:47.879
<v Speaker 3>is going to work, I'm just on board largely with

0:17:47.920 --> 0:17:50.320
<v Speaker 3>a lot of this solution still have question marks, but

0:17:50.359 --> 0:17:51.840
<v Speaker 3>I think for the first time we might get a

0:17:51.880 --> 0:17:53.880
<v Speaker 3>cool tour championship, which I'm sure you and I will

0:17:53.920 --> 0:17:58.240
<v Speaker 3>get into. An overall, Brian Rolapp has moved the tour

0:17:58.280 --> 0:18:00.000
<v Speaker 3>in the right direction under this new structure.

0:18:00.800 --> 0:18:02.480
<v Speaker 1>Yeah, I would echo your thoughts.

0:18:02.560 --> 0:18:07.280
<v Speaker 2>I think, like when when this got announced, my my

0:18:07.440 --> 0:18:11.960
<v Speaker 2>gut reaction was this is unequivocally good for the PGA Tour.

0:18:12.320 --> 0:18:15.320
<v Speaker 2>This is a good setup and a good direction for

0:18:15.400 --> 0:18:19.040
<v Speaker 2>the PGA Tour. I think it's rooted in some things

0:18:19.119 --> 0:18:23.840
<v Speaker 2>that are really important. They have talked about meritocracy for

0:18:23.920 --> 0:18:28.040
<v Speaker 2>so long, but there were so many tack ons and

0:18:28.040 --> 0:18:30.440
<v Speaker 2>and I think the way that I would I would

0:18:30.520 --> 0:18:33.520
<v Speaker 2>best describe kind of the way the PGA Tour got

0:18:33.560 --> 0:18:36.800
<v Speaker 2>to this point is they had, you know, there there

0:18:36.920 --> 0:18:40.000
<v Speaker 2>was this you know tour that was created that was

0:18:40.040 --> 0:18:44.440
<v Speaker 2>like they inherited a bunch of tournaments and assemble the tour,

0:18:44.880 --> 0:18:47.240
<v Speaker 2>and it was done and as it grew, as it

0:18:47.320 --> 0:18:51.600
<v Speaker 2>grew and became more popular. Similarly, like this house, a

0:18:51.640 --> 0:18:56.200
<v Speaker 2>house getting built was built and then you know, as

0:18:56.240 --> 0:18:59.000
<v Speaker 2>as the time goes on, you do these different things

0:18:59.040 --> 0:19:01.760
<v Speaker 2>and you add these features, and all of a sudden,

0:19:01.800 --> 0:19:06.400
<v Speaker 2>your house becomes somewhat unrecognizable from where you started because

0:19:06.440 --> 0:19:09.919
<v Speaker 2>you've added on things with no cohesive thought. And the

0:19:10.000 --> 0:19:14.920
<v Speaker 2>tour you know, well, like, hey, they have delivered good

0:19:15.040 --> 0:19:19.040
<v Speaker 2>professional golf for a number of years, it had become

0:19:19.359 --> 0:19:22.560
<v Speaker 2>kind of unrecognizable and had a lot of things that

0:19:22.640 --> 0:19:27.240
<v Speaker 2>didn't work together. To me, my big takeaway is that

0:19:27.320 --> 0:19:29.720
<v Speaker 2>they have kind of gone back to being rooted in

0:19:29.840 --> 0:19:36.560
<v Speaker 2>meritocracy and competition, and I think from what they're trying

0:19:36.600 --> 0:19:39.919
<v Speaker 2>to do, the structure is very clean. It's going to

0:19:40.320 --> 0:19:44.080
<v Speaker 2>be really easy to understand for fans, like you're up

0:19:44.119 --> 0:19:47.280
<v Speaker 2>here if you do this, you're down here if you don't,

0:19:48.359 --> 0:19:50.399
<v Speaker 2>and to get up there, you have to do this.

0:19:50.680 --> 0:19:53.159
<v Speaker 2>Like I think it's going to be easier to understand.

0:19:53.760 --> 0:19:56.119
<v Speaker 2>And at the end of the day, they have created

0:19:56.400 --> 0:20:00.199
<v Speaker 2>a framework where they can be set up for success

0:20:00.240 --> 0:20:03.320
<v Speaker 2>for the next fifty years. And I don't necessarily think

0:20:03.359 --> 0:20:06.719
<v Speaker 2>they were there five years ago when they kind of

0:20:07.520 --> 0:20:10.080
<v Speaker 2>ran into this issue with Live that seems to be

0:20:10.119 --> 0:20:13.320
<v Speaker 2>fading away, but that the tour was not set up

0:20:13.400 --> 0:20:17.160
<v Speaker 2>for modern sports, and today it feels like with twenty

0:20:17.240 --> 0:20:20.520
<v Speaker 2>twenty eight, you know, two years away, it feels way

0:20:20.560 --> 0:20:23.080
<v Speaker 2>more set up for the modern sports landscape.

0:20:24.080 --> 0:20:26.879
<v Speaker 3>I think it's worth zooming out for one second. And

0:20:27.240 --> 0:20:29.359
<v Speaker 3>this is the same stuff that you and I have

0:20:29.400 --> 0:20:32.280
<v Speaker 3>talked about again for five years. I would argue that

0:20:32.280 --> 0:20:34.439
<v Speaker 3>if you go to first principles, and I'm sure this

0:20:34.520 --> 0:20:36.320
<v Speaker 3>is the way that Brian Rolapp was thinking about this

0:20:36.440 --> 0:20:40.240
<v Speaker 3>coming from the NFL, you need to have a season

0:20:40.320 --> 0:20:43.240
<v Speaker 3>ending championship that people care about, and you need to

0:20:43.280 --> 0:20:46.199
<v Speaker 3>have a point system that is not flawed to have

0:20:46.280 --> 0:20:48.320
<v Speaker 3>any semblance of a tour that works. If you don't

0:20:48.320 --> 0:20:51.720
<v Speaker 3>have those two things, there are leaks in the system that,

0:20:52.119 --> 0:20:54.399
<v Speaker 3>like you said, the pieces don't fit together. And I

0:20:54.400 --> 0:20:56.399
<v Speaker 3>think why it's important is you need to be telling

0:20:56.400 --> 0:20:58.440
<v Speaker 3>a story to your players of why they should show

0:20:58.520 --> 0:21:01.639
<v Speaker 3>up to certain events. And if you forty events, it

0:21:01.720 --> 0:21:04.920
<v Speaker 3>is not possible to play in every single tournament. And

0:21:04.920 --> 0:21:07.200
<v Speaker 3>and then when that happens, and guys, you know Sung Jay,

0:21:07.720 --> 0:21:11.920
<v Speaker 3>you know somewhat famously would play like thirty thirty two events. Know,

0:21:12.040 --> 0:21:14.480
<v Speaker 3>he's got a bunch of FedEx cut points, and you're

0:21:14.520 --> 0:21:16.880
<v Speaker 3>comparing that to somebody who's played in twenty four events.

0:21:17.160 --> 0:21:19.080
<v Speaker 3>But then you're trying to tell me that at East Lake,

0:21:19.640 --> 0:21:22.440
<v Speaker 3>this tournament matters and this is to crown the season

0:21:22.560 --> 0:21:25.240
<v Speaker 3>ending champion. It just doesn't quite work. And so I

0:21:25.240 --> 0:21:27.320
<v Speaker 3>think to the people who would say, well, what was

0:21:27.320 --> 0:21:29.399
<v Speaker 3>even wrong with the tour before Live came along, I

0:21:29.400 --> 0:21:31.879
<v Speaker 3>think they're really misremembering a lot of the flaws in

0:21:31.920 --> 0:21:36.000
<v Speaker 3>the system. Between like twenty nineteen and twenty eighteen, there

0:21:36.000 --> 0:21:38.240
<v Speaker 3>were so many of these stale events that people weren't

0:21:38.280 --> 0:21:41.680
<v Speaker 3>interested in watching, sponsors that weren't necessarily happy. You look

0:21:41.720 --> 0:21:44.879
<v Speaker 3>at what happened with the Honda Classic, and you know,

0:21:44.960 --> 0:21:47.639
<v Speaker 3>Rocket Mortgage is pulling out after this year. That's a

0:21:47.720 --> 0:21:49.919
<v Speaker 3>new You could argue that that's a consequence of the

0:21:49.960 --> 0:21:53.399
<v Speaker 3>non signature versus signature model, but those types of issues

0:21:53.440 --> 0:21:56.400
<v Speaker 3>were already broiling well before any of this was announced.

0:21:56.440 --> 0:21:59.159
<v Speaker 3>So I just think there's some revisionist history around the

0:21:59.200 --> 0:22:01.800
<v Speaker 3>flaws of the p Tour over the last ten years.

0:22:02.080 --> 0:22:04.720
<v Speaker 3>And Andy the other point, I would make is This

0:22:04.760 --> 0:22:08.560
<v Speaker 3>is not unique to golf. This same issue is happening

0:22:09.480 --> 0:22:13.280
<v Speaker 3>kind of simultaneously in the NBA. And as we've seen

0:22:13.720 --> 0:22:16.960
<v Speaker 3>money go way up in sports and speed go way

0:22:17.040 --> 0:22:20.720
<v Speaker 3>up in sports, and the tour become a more professionalized operation,

0:22:21.000 --> 0:22:23.360
<v Speaker 3>it's just not possible to play the schedule that back

0:22:23.400 --> 0:22:25.800
<v Speaker 3>in the nineties guys might have played and might have

0:22:25.920 --> 0:22:27.840
<v Speaker 3>needed to play because they were trying to make money

0:22:27.880 --> 0:22:30.359
<v Speaker 3>every week. And now you guys don't have to play

0:22:30.400 --> 0:22:33.080
<v Speaker 3>every week, They're playing at higher speeds, there's a lot

0:22:33.119 --> 0:22:36.400
<v Speaker 3>more cost involved with traveling and bringing their full teams,

0:22:36.400 --> 0:22:38.679
<v Speaker 3>Like it just wasn't realistic to have a tour of

0:22:38.760 --> 0:22:41.440
<v Speaker 3>thirty five forty events. And you're again seeing the same

0:22:41.480 --> 0:22:43.920
<v Speaker 3>thing with the NBA where they have too many games.

0:22:44.040 --> 0:22:46.160
<v Speaker 3>Eighty two games is too many. And at the same

0:22:46.200 --> 0:22:49.720
<v Speaker 3>time as golf is, you know, trying to figure out

0:22:49.720 --> 0:22:51.359
<v Speaker 3>what the ideal model is, the NBA is doing the

0:22:51.359 --> 0:22:54.160
<v Speaker 3>same thing. I think over the next five to ten years,

0:22:54.160 --> 0:22:56.160
<v Speaker 3>the NBA will probably reduce its schedule.

0:22:56.880 --> 0:22:59.840
<v Speaker 2>Yeah, you know, I think, like you what your point

0:23:00.119 --> 0:23:02.200
<v Speaker 2>too is like everybody you know, and I think this,

0:23:02.560 --> 0:23:04.320
<v Speaker 2>you know, not to take this on a tangent, but

0:23:04.359 --> 0:23:07.439
<v Speaker 2>like everybody is like struggling with the new US Open,

0:23:07.640 --> 0:23:12.000
<v Speaker 2>and it's like, it's not my father's US Open. Just

0:23:12.160 --> 0:23:16.399
<v Speaker 2>generally society is resistant to change. It's like you want

0:23:16.440 --> 0:23:20.560
<v Speaker 2>it to be what you remembered. But I do think

0:23:20.600 --> 0:23:24.800
<v Speaker 2>it was really important for the PGA Tour to evolve.

0:23:25.040 --> 0:23:28.359
<v Speaker 2>And I think like if you wanted to point to

0:23:28.560 --> 0:23:31.280
<v Speaker 2>like why did they why did they have to evolve?

0:23:31.600 --> 0:23:33.560
<v Speaker 1>Why? Why did they have to evolve?

0:23:33.880 --> 0:23:38.040
<v Speaker 2>Is if you look at the sport of golf, is

0:23:39.240 --> 0:23:44.800
<v Speaker 2>the golf the most valuable properties.

0:23:45.000 --> 0:23:46.160
<v Speaker 1>Unlike every other.

0:23:46.000 --> 0:23:50.960
<v Speaker 2>Sports league, the most valuable properties in golf, the PGA

0:23:51.040 --> 0:23:54.119
<v Speaker 2>Tour does not own. The most valuable properties are, in

0:23:54.320 --> 0:23:59.280
<v Speaker 2>no particular order, the Masters, the PGA Championship, the Ryder Cup,

0:23:59.520 --> 0:24:03.840
<v Speaker 2>the US Open, and the Open Championship. Those are the

0:24:03.880 --> 0:24:07.360
<v Speaker 2>most valuable properties. A new coming property that I think

0:24:07.480 --> 0:24:10.119
<v Speaker 2>is becoming more and more valuable in golf is the Olympics.

0:24:12.640 --> 0:24:15.679
<v Speaker 2>So the PGA Tour owns none of those. And you know,

0:24:15.720 --> 0:24:18.520
<v Speaker 2>when you think about why they started the playoffs in

0:24:18.560 --> 0:24:21.440
<v Speaker 2>the first place, in the mid two thousands, so this

0:24:21.520 --> 0:24:24.840
<v Speaker 2>is twenty years ago, they started the playoffs as a

0:24:24.920 --> 0:24:28.840
<v Speaker 2>reason to try and and create one of the more

0:24:28.960 --> 0:24:32.440
<v Speaker 2>valuable properties in golf. Why they started the President's Cup

0:24:32.960 --> 0:24:35.439
<v Speaker 2>in the nine or in the nineties, I believe was

0:24:35.480 --> 0:24:38.439
<v Speaker 2>a way to create a valuable property in golf. The

0:24:38.600 --> 0:24:44.520
<v Speaker 2>WGCs they created to try and get earn these valuable

0:24:44.520 --> 0:24:50.040
<v Speaker 2>golf properties that can man higher sponsorship values that can

0:24:50.400 --> 0:24:54.719
<v Speaker 2>then like you know, draw huge TV ratings and really

0:24:54.760 --> 0:24:58.320
<v Speaker 2>float the whole boat. This is why they have done

0:24:58.359 --> 0:25:01.240
<v Speaker 2>all these things, and frankly, none of them have worked.

0:25:01.640 --> 0:25:02.720
<v Speaker 1>None of them have worked.

0:25:03.640 --> 0:25:07.080
<v Speaker 2>And at a certain point, you know, it's not the

0:25:07.119 --> 0:25:09.280
<v Speaker 2>concept of the event. You have to look at the

0:25:09.359 --> 0:25:13.440
<v Speaker 2>overarching system. And I think this is what what has happened.

0:25:13.520 --> 0:25:16.800
<v Speaker 2>And it's in large part thanks to Live. The push

0:25:16.840 --> 0:25:19.919
<v Speaker 2>of Live as a disruptor and a challenger to the

0:25:19.960 --> 0:25:24.119
<v Speaker 2>PGA Tour finally pushed the tour to get to this moment,

0:25:24.200 --> 0:25:30.119
<v Speaker 2>to reevaluate their competitive structure and say, okay, how and

0:25:30.840 --> 0:25:33.640
<v Speaker 2>I don't you know, like listen, I don't I'm under

0:25:33.760 --> 0:25:38.199
<v Speaker 2>no certain like thought that hey, all of a sudden,

0:25:38.400 --> 0:25:42.359
<v Speaker 2>the Travelers Championship is going to unseat the US Open

0:25:42.600 --> 0:25:46.600
<v Speaker 2>as the most important golf event, you know, in June.

0:25:47.119 --> 0:25:50.120
<v Speaker 1>I'm not under any delusional.

0:25:49.480 --> 0:25:52.960
<v Speaker 2>Expectations of that. But I think the structure that they

0:25:52.960 --> 0:25:58.240
<v Speaker 2>have created with the very strict relegation and promotion, the

0:25:58.400 --> 0:26:03.840
<v Speaker 2>very strict relegation, the no more sponsor handouts, these type

0:26:03.840 --> 0:26:08.359
<v Speaker 2>of things are going to greatly increase the competitive integrity

0:26:08.520 --> 0:26:12.119
<v Speaker 2>of the sport. And when you do that, is the

0:26:12.160 --> 0:26:15.280
<v Speaker 2>Travelers going to become more important than the US Open?

0:26:15.600 --> 0:26:15.679
<v Speaker 3>No?

0:26:16.320 --> 0:26:18.919
<v Speaker 1>But is it going to become more important than it

0:26:19.000 --> 0:26:21.080
<v Speaker 1>is today? Absolutely? Yes.

0:26:21.640 --> 0:26:24.840
<v Speaker 2>So if you raise the bar of the importance of

0:26:24.920 --> 0:26:28.679
<v Speaker 2>all of your events in terms of the greater golf landscape,

0:26:29.119 --> 0:26:32.399
<v Speaker 2>you are going to inch all of those events closer

0:26:32.920 --> 0:26:37.080
<v Speaker 2>to the level of majors. Are they like close at all? No,

0:26:37.520 --> 0:26:41.119
<v Speaker 2>But they're closer, And thus you've raised the value of

0:26:41.200 --> 0:26:46.320
<v Speaker 2>all these events. And furthermore, the real, real opportunity, I

0:26:46.359 --> 0:26:49.080
<v Speaker 2>think lies in the Tour Championship and what they can

0:26:49.119 --> 0:26:54.040
<v Speaker 2>do there. And that's the opportunity. Like I had spoken

0:26:54.080 --> 0:26:56.440
<v Speaker 2>to me by someone that was like kind of privy

0:26:56.520 --> 0:27:01.400
<v Speaker 2>to a lot of the information that they stated that, Hey,

0:27:01.600 --> 0:27:05.000
<v Speaker 2>our idea is that all of these all these events

0:27:05.320 --> 0:27:07.919
<v Speaker 2>are going to be like major championships. I don't believe

0:27:07.960 --> 0:27:11.199
<v Speaker 2>that all the regular Championship Series events are not going

0:27:11.280 --> 0:27:14.320
<v Speaker 2>to be like majors. I'm sorry, they just aren't. But

0:27:15.000 --> 0:27:18.200
<v Speaker 2>if you can get a couple of them to elevate

0:27:18.280 --> 0:27:20.800
<v Speaker 2>significantly from where they are, and I think like the

0:27:21.040 --> 0:27:24.440
<v Speaker 2>easy ones to look at are this season ending championship

0:27:25.119 --> 0:27:29.800
<v Speaker 2>where the relegation happens. That's going to be musty TV

0:27:29.920 --> 0:27:33.440
<v Speaker 2>for golf fans, and then the events right after that,

0:27:33.560 --> 0:27:35.520
<v Speaker 2>those are your real opportunities.

0:27:35.600 --> 0:27:38.720
<v Speaker 1>And then the continued ascension of the players.

0:27:40.240 --> 0:27:42.600
<v Speaker 3>Well, first, yeah, do I think the Travelers and events

0:27:42.640 --> 0:27:44.800
<v Speaker 3>like it are going to ultimately become more like majors? No,

0:27:44.960 --> 0:27:48.400
<v Speaker 3>But the no cut events were not working. I don't

0:27:48.400 --> 0:27:51.359
<v Speaker 3>think anybody was satisfied with watching no cut events. So

0:27:51.640 --> 0:27:54.240
<v Speaker 3>simply expanding the fields and having a cut those those

0:27:54.240 --> 0:27:56.520
<v Speaker 3>events will already rise in stature. But to your point,

0:27:56.880 --> 0:27:59.760
<v Speaker 3>the key to all of this is the Tour Championship,

0:27:59.800 --> 0:28:03.800
<v Speaker 3>where and that the Tour Championship suddenly becomes this really

0:28:03.920 --> 0:28:08.400
<v Speaker 3>incredible spectacle that guys care about winning, that fans care

0:28:08.440 --> 0:28:11.760
<v Speaker 3>about watching, which, frankly, it's not a high bar to

0:28:13.040 --> 0:28:15.920
<v Speaker 3>exceed what we currently have where I think basically now

0:28:16.000 --> 0:28:19.240
<v Speaker 3>nobody cares about the Tour Championship. I don't think anybody's satisfied,

0:28:19.240 --> 0:28:23.680
<v Speaker 3>the players, sponsors, networks, certainly fans. Let's just say, Andy,

0:28:23.720 --> 0:28:26.119
<v Speaker 3>it becomes awesome, and I don't know how many guys

0:28:26.200 --> 0:28:28.760
<v Speaker 3>you know. I think you've said maybe it'll be thirty two,

0:28:28.960 --> 0:28:33.159
<v Speaker 3>but let's say it's sixteen whatever. It's going to be

0:28:33.240 --> 0:28:35.880
<v Speaker 3>really important if it's a great tournament for those golfers

0:28:35.880 --> 0:28:38.160
<v Speaker 3>to be one of those top however many guys, and

0:28:38.200 --> 0:28:41.480
<v Speaker 3>then that works backwards, that informs your schedule. If you're

0:28:41.520 --> 0:28:45.080
<v Speaker 3>forty fifth in the standings, now there's more urgency around.

0:28:45.280 --> 0:28:47.200
<v Speaker 3>I need to play in these tournaments and I need

0:28:47.240 --> 0:28:49.040
<v Speaker 3>to play well because I want to get into the

0:28:49.040 --> 0:28:51.600
<v Speaker 3>tour Championship. And then and the other part of this

0:28:51.680 --> 0:28:53.800
<v Speaker 3>that we haven't really hit on is I think this

0:28:53.840 --> 0:28:56.480
<v Speaker 3>is way better for up and coming players because right

0:28:56.520 --> 0:28:59.600
<v Speaker 3>now a huge issue that doesn't get enough probably airwave,

0:29:00.320 --> 0:29:02.600
<v Speaker 3>is if you're like a top let's say you're KFT

0:29:02.760 --> 0:29:05.240
<v Speaker 3>guy who gets onto the PGA Tour. Now with this

0:29:05.360 --> 0:29:09.800
<v Speaker 3>non signature signature model that we currently have, your starts

0:29:09.800 --> 0:29:11.880
<v Speaker 3>aren't guaranteed, and these guys have a lot of weeks

0:29:11.920 --> 0:29:14.520
<v Speaker 3>they're going by where they have nowhere to play, and

0:29:14.560 --> 0:29:17.360
<v Speaker 3>then you get sponsor exemptions. Like you know, we've highlighted

0:29:17.360 --> 0:29:19.719
<v Speaker 3>some high profile ones in signature events. These guys have

0:29:19.760 --> 0:29:24.080
<v Speaker 3>a baked in massive advantage in keeping their tour cards.

0:29:24.400 --> 0:29:26.280
<v Speaker 3>But under the new system, if you're one of these

0:29:26.400 --> 0:29:30.360
<v Speaker 3>guys that qualifies either through this Challenger series or you know,

0:29:30.360 --> 0:29:33.160
<v Speaker 3>we'll see how they iron out some of the exemption criteria.

0:29:33.240 --> 0:29:35.160
<v Speaker 3>That's still a TVD. But let's say you're one of

0:29:35.160 --> 0:29:37.560
<v Speaker 3>the top twenty guys that gets promoted. You now have

0:29:37.640 --> 0:29:40.120
<v Speaker 3>a full schedule the next season, the same schedule as

0:29:40.120 --> 0:29:43.240
<v Speaker 3>Scotti Scheffler, the same schedule as Rory McElroy. You have

0:29:43.280 --> 0:29:45.480
<v Speaker 3>an equal chance to keep your tour card and that

0:29:45.600 --> 0:29:48.360
<v Speaker 3>is a massive, massive step in the right direction for

0:29:48.400 --> 0:29:49.600
<v Speaker 3>some of this up and coming talent.

0:29:50.120 --> 0:29:52.920
<v Speaker 2>Yeah, I think the in between stuff with the tour

0:29:53.200 --> 0:29:56.080
<v Speaker 2>was like the real issue with the current system is

0:29:56.280 --> 0:30:00.880
<v Speaker 2>I you know, you have this great moment. You know,

0:30:00.920 --> 0:30:03.840
<v Speaker 2>you think about the example you use of a corn

0:30:03.880 --> 0:30:06.960
<v Speaker 2>fairy tour, like a player earning their card. Imagine you know,

0:30:07.000 --> 0:30:09.880
<v Speaker 2>you're twenty five year old who's worked the last three

0:30:09.960 --> 0:30:12.440
<v Speaker 2>years your tail off to get to the PGA Tour

0:30:12.560 --> 0:30:15.840
<v Speaker 2>card PGA Tour, and you get your card and you're

0:30:15.880 --> 0:30:19.360
<v Speaker 2>so excited and then it's like, Okay, welcome to the tour.

0:30:19.480 --> 0:30:21.880
<v Speaker 2>You get to play once in the first six events,

0:30:22.440 --> 0:30:25.160
<v Speaker 2>and this was like a reality the last few years

0:30:25.360 --> 0:30:29.080
<v Speaker 2>of of the of these young players is like, oh,

0:30:29.120 --> 0:30:32.360
<v Speaker 2>I don't even know when when I can play. And

0:30:32.400 --> 0:30:34.960
<v Speaker 2>the issue is like you can't then just go down

0:30:35.000 --> 0:30:38.200
<v Speaker 2>and play corn Fairy Tour events. You know, you can't

0:30:38.320 --> 0:30:41.920
<v Speaker 2>there there's no way up in between. And I think

0:30:41.920 --> 0:30:47.640
<v Speaker 2>this is like a really wonderful aspect of the of

0:30:47.720 --> 0:30:50.720
<v Speaker 2>the new structure is how clean it is. You're up here,

0:30:51.360 --> 0:30:55.440
<v Speaker 2>you're down here, and and that's the way it works,

0:30:55.760 --> 0:30:58.080
<v Speaker 2>and and you know, I think it provides more clarity

0:30:58.080 --> 0:31:01.520
<v Speaker 2>to the Corn Fairy Tour. You're getting a card that

0:31:01.600 --> 0:31:05.200
<v Speaker 2>goes to this the PGA Tour Challenger Series, and you're

0:31:05.360 --> 0:31:08.000
<v Speaker 2>at that point you're one of the two hundred and

0:31:08.040 --> 0:31:11.520
<v Speaker 2>fifty three hundred best players in the world, and you're

0:31:11.560 --> 0:31:14.080
<v Speaker 2>going to be able to like I think like where

0:31:14.120 --> 0:31:17.680
<v Speaker 2>the tour really was struggling to with, like the you

0:31:17.800 --> 0:31:21.640
<v Speaker 2>kind of promise to players. You had the PGA Tour,

0:31:21.680 --> 0:31:24.960
<v Speaker 2>which was roughly two hundred and twenty players, and if

0:31:24.960 --> 0:31:29.200
<v Speaker 2>you're up there, you had no unless you're a top

0:31:29.240 --> 0:31:32.800
<v Speaker 2>sixty player, you had no like expectation of like when

0:31:32.880 --> 0:31:36.960
<v Speaker 2>I get to work, So I don't know when I'm

0:31:37.000 --> 0:31:38.800
<v Speaker 2>really going to get to work and where I'm going

0:31:38.800 --> 0:31:41.280
<v Speaker 2>to get to work, but I'm going to earn a

0:31:41.320 --> 0:31:44.000
<v Speaker 2>living if I'm on the PGA Tour. If you're on

0:31:44.080 --> 0:31:46.640
<v Speaker 2>the corn Faery Tour, which is at this point the

0:31:46.840 --> 0:31:51.360
<v Speaker 2>pre eminent feeder tour to the top tour, if you're

0:31:51.400 --> 0:31:54.040
<v Speaker 2>the fiftieth ranked player on the corn Faery Tour, you

0:31:54.120 --> 0:31:55.880
<v Speaker 2>are not going to be able to make a living,

0:31:56.040 --> 0:31:59.600
<v Speaker 2>and they they have forever been. You know, the kind

0:31:59.600 --> 0:32:02.320
<v Speaker 2>of theory behind it is like you don't earn a

0:32:02.360 --> 0:32:04.440
<v Speaker 2>living if you're on the corn Faery Tour.

0:32:04.480 --> 0:32:06.480
<v Speaker 1>We do not want that to be a destination tour.

0:32:07.160 --> 0:32:09.360
<v Speaker 2>I think what works really well with the new system

0:32:09.440 --> 0:32:12.600
<v Speaker 2>is you have this clear demarcation of one hundred and

0:32:12.600 --> 0:32:16.320
<v Speaker 2>twenty players. It's one hundred and thirty players that are

0:32:16.400 --> 0:32:19.960
<v Speaker 2>going to be on the Championship Tour. These are going

0:32:20.040 --> 0:32:22.360
<v Speaker 2>to be one hundred and thirty best golfers in the world,

0:32:22.880 --> 0:32:26.080
<v Speaker 2>minus the few live players that would fall into that bucket.

0:32:27.080 --> 0:32:31.240
<v Speaker 2>From there, that tour below is going to be the

0:32:31.240 --> 0:32:33.960
<v Speaker 2>clear place to work your way to that top tier

0:32:34.000 --> 0:32:37.720
<v Speaker 2>tour and with persons in like that four million dollar mark,

0:32:38.440 --> 0:32:40.960
<v Speaker 2>you're going to make a living there. If you're a

0:32:41.000 --> 0:32:43.560
<v Speaker 2>good player there, you are going to be able to

0:32:43.600 --> 0:32:48.680
<v Speaker 2>continue to pursue your professional golf dreams from that tour

0:32:49.280 --> 0:32:51.960
<v Speaker 2>and invest in yourself. You're going to be able to

0:32:52.040 --> 0:32:54.960
<v Speaker 2>hire a team. If you're a corn fairy Tour player

0:32:55.000 --> 0:32:58.560
<v Speaker 2>and you want to approach golf the way a PGA

0:32:58.640 --> 0:33:01.400
<v Speaker 2>Tour player is approach golf, and you're not one of

0:33:01.440 --> 0:33:04.960
<v Speaker 2>the top twenty five thirty guys, you're going to hemorrhage money.

0:33:05.920 --> 0:33:08.240
<v Speaker 2>And I think this is the beauty of this system

0:33:08.480 --> 0:33:10.840
<v Speaker 2>is that you're going to have like they have actually

0:33:11.000 --> 0:33:15.200
<v Speaker 2>expanded the number of people who can make a living

0:33:15.280 --> 0:33:18.320
<v Speaker 2>playing professional golf with the PGA Tour, and I think

0:33:18.400 --> 0:33:22.320
<v Speaker 2>overall for the golf ecosystem, that is a really good thing.

0:33:23.400 --> 0:33:25.000
<v Speaker 3>Yeah, I was looking at it this morning. I think

0:33:25.040 --> 0:33:27.000
<v Speaker 3>it's it's somewhere around having in front of me one

0:33:27.080 --> 0:33:30.239
<v Speaker 3>hundred and eighty guys so far this year who who

0:33:30.280 --> 0:33:33.480
<v Speaker 3>have had five or more starts on the PGA Tour,

0:33:33.600 --> 0:33:36.600
<v Speaker 3>not including majors, Like that number is gonna go up

0:33:36.880 --> 0:33:40.040
<v Speaker 3>because you're gonna be spreading out, all right, there's gonna

0:33:40.040 --> 0:33:42.240
<v Speaker 3>be you know not, there's gonna be bigger fields. So

0:33:42.240 --> 0:33:44.920
<v Speaker 3>that's more opportunities. And then these guys who are getting

0:33:44.960 --> 0:33:48.040
<v Speaker 3>blocked right now not having as many opportunities to get

0:33:48.080 --> 0:33:50.720
<v Speaker 3>starts there, they're all all of a sudden gonna have

0:33:50.760 --> 0:33:53.200
<v Speaker 3>more clarity around their schedules. And Andy I wrote about

0:33:53.200 --> 0:33:55.480
<v Speaker 3>this for the Friday newsletter. But I think that the

0:33:55.480 --> 0:33:58.960
<v Speaker 3>poster child of who this system is currently failing, or

0:33:59.000 --> 0:34:03.080
<v Speaker 3>one of them, is to hian Yellamraju, who did exactly

0:34:03.120 --> 0:34:04.880
<v Speaker 3>what you described. He worked his way up through the

0:34:04.920 --> 0:34:07.960
<v Speaker 3>corn Ferry Tour. This guy's been grinding for years in

0:34:08.080 --> 0:34:12.640
<v Speaker 3>mini tours Canada, turns pro at nineteen, then he plays

0:34:12.680 --> 0:34:14.720
<v Speaker 3>two years on the corn Ferry Tour, gets his PGA

0:34:14.800 --> 0:34:17.239
<v Speaker 3>Tour card and plays well. He's been playing well this year.

0:34:17.280 --> 0:34:19.560
<v Speaker 3>He finished top ten at the Players. He's having a

0:34:19.560 --> 0:34:21.000
<v Speaker 3>pretty good year. I'm not saying this is one of

0:34:21.040 --> 0:34:23.000
<v Speaker 3>the best players in the world, but he did exactly

0:34:23.000 --> 0:34:25.520
<v Speaker 3>what he's supposed to do as a developmental tour player,

0:34:25.880 --> 0:34:28.400
<v Speaker 3>comes up, gets his tour card and now he a

0:34:28.400 --> 0:34:30.440
<v Speaker 3>lot of weeks he doesn't have anywhere to play in

0:34:30.440 --> 0:34:34.160
<v Speaker 3>this past week at the Travelers Championship. You know, Sadarshan enters.

0:34:34.280 --> 0:34:36.719
<v Speaker 3>I think he's forty six than the FedEx Cup standings

0:34:36.800 --> 0:34:40.880
<v Speaker 3>first alternate some other guys who are you know, higher

0:34:40.920 --> 0:34:44.880
<v Speaker 3>profile names, Tony Finow, Jordan Spief. They get sponsor exemptions.

0:34:45.160 --> 0:34:48.239
<v Speaker 3>Sadarsian's having a much better season than those two guys,

0:34:48.280 --> 0:34:51.160
<v Speaker 3>are you know, by any any metric you want to

0:34:51.200 --> 0:34:54.160
<v Speaker 3>look at. Sadarsian's playing better, But they get this free

0:34:54.160 --> 0:34:57.319
<v Speaker 3>attempt at FedEx Cup points and a better ability to

0:34:57.400 --> 0:35:00.160
<v Speaker 3>keep their card. They're making money for that start there,

0:35:00.160 --> 0:35:04.160
<v Speaker 3>getting valuable reps in that Sedarsian needs. Is it you know,

0:35:04.280 --> 0:35:05.799
<v Speaker 3>I don't know, you want to boil the whole case

0:35:05.840 --> 0:35:08.600
<v Speaker 3>down to one name like that. But this new system

0:35:08.680 --> 0:35:12.000
<v Speaker 3>will serve Sedarshan better because now when he finishes and

0:35:12.040 --> 0:35:14.759
<v Speaker 3>he's exempt onto this top championship series, he gets a

0:35:14.800 --> 0:35:17.440
<v Speaker 3>whole schedule in front of him, and it is it

0:35:17.480 --> 0:35:20.800
<v Speaker 3>is really important that those guys get reps, they get dollars,

0:35:21.200 --> 0:35:23.799
<v Speaker 3>they get all the perks that are involved in being

0:35:23.840 --> 0:35:26.600
<v Speaker 3>on the championship series, and they were being failed by

0:35:26.640 --> 0:35:28.840
<v Speaker 3>the current system. So I think you look at a

0:35:28.880 --> 0:35:31.120
<v Speaker 3>case like that and it's pretty easy to understand why

0:35:31.120 --> 0:35:32.880
<v Speaker 3>the PGA Tour had a problem on its hands and

0:35:32.920 --> 0:35:34.319
<v Speaker 3>how this solution is a little bit better.

0:35:35.760 --> 0:35:38.960
<v Speaker 2>Let's talk a little bit about the Tour Championship. I

0:35:38.960 --> 0:35:41.440
<v Speaker 2>think this is kind of the shiny carrot that has

0:35:41.560 --> 0:35:47.439
<v Speaker 2>drawn a lot of the discourse since this announcement. From

0:35:47.480 --> 0:35:50.719
<v Speaker 2>what I gather, the kind of general idea that they're

0:35:50.719 --> 0:35:55.279
<v Speaker 2>working off of right now is thirty two players will

0:35:55.280 --> 0:35:57.399
<v Speaker 2>make the Tour Championship, and it will be a two

0:35:57.440 --> 0:36:03.960
<v Speaker 2>week final playoff system effectively, and the first week will

0:36:03.960 --> 0:36:09.800
<v Speaker 2>be World Cup style pool play four players, eight groups,

0:36:09.960 --> 0:36:15.640
<v Speaker 2>two players advancing to a sixteen person bracket at a

0:36:15.760 --> 0:36:20.120
<v Speaker 2>great golf facility where they'll play match play throughout to

0:36:20.640 --> 0:36:23.200
<v Speaker 2>crown a PGA Tour season champion.

0:36:23.840 --> 0:36:25.200
<v Speaker 3>Sorry, how do you think? How do you think the

0:36:25.200 --> 0:36:28.000
<v Speaker 3>first week works? It's like round robin match play and

0:36:28.040 --> 0:36:29.480
<v Speaker 3>the top two earners come out of it. Is that

0:36:29.480 --> 0:36:30.280
<v Speaker 3>what they're talking about.

0:36:30.400 --> 0:36:33.440
<v Speaker 2>I think that's from what I've gathered from a few people,

0:36:33.600 --> 0:36:36.440
<v Speaker 2>is kind of what's been floating around. Is the general

0:36:36.480 --> 0:36:39.120
<v Speaker 2>working idea is that it would be like a lot

0:36:39.160 --> 0:36:42.440
<v Speaker 2>like the World Cup right now, which going through pool

0:36:42.520 --> 0:36:45.480
<v Speaker 2>stage where it's like, okay, we have eight groups of

0:36:45.600 --> 0:36:50.600
<v Speaker 2>four for the thirty two and the top two players

0:36:50.719 --> 0:36:53.719
<v Speaker 2>from each pool will come out into a group of

0:36:53.800 --> 0:36:57.359
<v Speaker 2>sixteen match play. You know, obviously this can change. This

0:36:57.440 --> 0:36:59.840
<v Speaker 2>was not part of the announcement. This is kind of

0:36:59.840 --> 0:37:04.120
<v Speaker 2>just the scuttle butt just in general, a real quick

0:37:04.200 --> 0:37:06.480
<v Speaker 2>before we get into this, like before we get into

0:37:06.560 --> 0:37:11.080
<v Speaker 2>the thoughts. A big part of I think the emphasis

0:37:11.160 --> 0:37:14.440
<v Speaker 2>of this new tour structure is going to be around,

0:37:15.280 --> 0:37:18.080
<v Speaker 2>especially at the championship level, getting the best players in

0:37:18.120 --> 0:37:22.920
<v Speaker 2>the world playing the best possible venues. The regular venues

0:37:23.200 --> 0:37:25.680
<v Speaker 2>are going to be, you know, where they can where

0:37:25.719 --> 0:37:28.960
<v Speaker 2>you can host big, big professional golf tournaments. So thenk

0:37:29.120 --> 0:37:33.360
<v Speaker 2>courses that have the infrastructure for grandstands like your typical

0:37:33.440 --> 0:37:39.040
<v Speaker 2>PGA Tour, big time event. This series is much more

0:37:39.280 --> 0:37:42.319
<v Speaker 2>like we want to make this for TV. This is

0:37:42.360 --> 0:37:46.880
<v Speaker 2>not a for on site spectator product. This is a

0:37:47.120 --> 0:37:52.560
<v Speaker 2>made for TV product. So think about more intimate maybe

0:37:52.680 --> 0:37:55.640
<v Speaker 2>situations where you don't have any infrastructure built out other

0:37:55.680 --> 0:38:01.239
<v Speaker 2>than TV, no grandstands, no ropes, kind of set up

0:38:01.520 --> 0:38:05.080
<v Speaker 2>where you know the venues are really you open yourself

0:38:05.160 --> 0:38:07.480
<v Speaker 2>up way more to venues and one of the ideas

0:38:07.520 --> 0:38:10.680
<v Speaker 2>with match play is that maybe you're able to entice

0:38:10.880 --> 0:38:14.040
<v Speaker 2>some great golf courses because they aren't worried about the

0:38:14.120 --> 0:38:16.520
<v Speaker 2>tour pros coming out and shooting, hanging in a bunch

0:38:16.560 --> 0:38:19.400
<v Speaker 2>of low sixties numbers and them getting Craig ranched.

0:38:19.600 --> 0:38:21.240
<v Speaker 1>You know where. Oh, this isn't testing.

0:38:21.680 --> 0:38:26.480
<v Speaker 2>Match play allows for you know, Hey, if I just

0:38:26.520 --> 0:38:29.120
<v Speaker 2>go out and watch a ten birdie versus eight birdie

0:38:29.120 --> 0:38:33.040
<v Speaker 2>match between Scottie Scheffler and Sam Burns, I'm thrilled. That

0:38:33.160 --> 0:38:35.200
<v Speaker 2>was one of the coolest matches I'm not thinking about.

0:38:35.280 --> 0:38:37.959
<v Speaker 2>They probably both shot sixty two. This golf course can't

0:38:37.960 --> 0:38:42.480
<v Speaker 2>hold up type thing. So that's the idea, the working

0:38:42.560 --> 0:38:45.600
<v Speaker 2>idea that I've heard from a few people about the

0:38:45.640 --> 0:38:51.000
<v Speaker 2>Tour Championship or the playoff format. I keep saying Tour

0:38:51.080 --> 0:38:55.279
<v Speaker 2>champion the playoff format. What are your your general you

0:38:55.320 --> 0:38:58.040
<v Speaker 2>know thoughts of that idea?

0:38:58.320 --> 0:39:02.520
<v Speaker 3>Very positive, Andy, I think, especially given how much of

0:39:02.520 --> 0:39:05.280
<v Speaker 3>an emphasis our company it tends to have on venues

0:39:05.320 --> 0:39:08.120
<v Speaker 3>and golf courses. We often go through the exercise of

0:39:08.400 --> 0:39:11.120
<v Speaker 3>you know where, would you like to see this professional

0:39:11.160 --> 0:39:14.400
<v Speaker 3>golf event stage or a rider future Rider Cup future

0:39:14.480 --> 0:39:18.080
<v Speaker 3>US opens that don't have the US Open on the books,

0:39:18.080 --> 0:39:20.360
<v Speaker 3>And every time we go through that exercise, it's like,

0:39:20.600 --> 0:39:24.720
<v Speaker 3>there's nowhere you can go that it has the tournament infrastructure,

0:39:24.760 --> 0:39:27.920
<v Speaker 3>like to have all of the things required to host

0:39:28.160 --> 0:39:30.480
<v Speaker 3>a tournament. Every time I go through that exercise, I

0:39:30.560 --> 0:39:32.040
<v Speaker 3>kind of throw my hands in the air and it's like,

0:39:32.800 --> 0:39:34.800
<v Speaker 3>I don't know where they can go that that doesn't

0:39:34.840 --> 0:39:37.719
<v Speaker 3>currently exist, which I guess. Then you land on, well

0:39:37.719 --> 0:39:40.320
<v Speaker 3>they should build more venues, which I do still believe,

0:39:40.640 --> 0:39:42.719
<v Speaker 3>but what you're describing, it's like, well, now we can

0:39:42.760 --> 0:39:45.880
<v Speaker 3>open up a bunch of potentially prestigious venues if we

0:39:45.920 --> 0:39:48.480
<v Speaker 3>don't have to have that tournament infrastructure. You don't have

0:39:48.520 --> 0:39:51.440
<v Speaker 3>to have a driving range that has one hundred bays

0:39:51.920 --> 0:39:55.040
<v Speaker 3>and is three hundred and fifty yards long, and you know,

0:39:55.200 --> 0:39:57.840
<v Speaker 3>room for a bunch of grand stands that doesn't completely

0:39:57.880 --> 0:40:01.480
<v Speaker 3>compromise the golf course. So I'm cautiously optimistic. I do

0:40:01.560 --> 0:40:04.719
<v Speaker 3>think one part of this that maybe wasn't part of

0:40:04.760 --> 0:40:07.120
<v Speaker 3>the plan or hasn't been discussed, is do you build

0:40:07.160 --> 0:40:10.239
<v Speaker 3>in any kind of advantage for the top players. I'm

0:40:10.360 --> 0:40:13.720
<v Speaker 3>fascinated to see if the tour does that, because pretty

0:40:13.760 --> 0:40:16.320
<v Speaker 3>much every sport, like there is an advantage to finishing

0:40:16.360 --> 0:40:19.719
<v Speaker 3>first in the standings like NFL as home court or

0:40:19.800 --> 0:40:22.719
<v Speaker 3>home field, NBAS home court. I do wonder if the

0:40:23.080 --> 0:40:25.120
<v Speaker 3>if the PGA Tour is going to try to adopt

0:40:25.160 --> 0:40:27.439
<v Speaker 3>anything like that. I actually think they should. I don't

0:40:27.480 --> 0:40:29.279
<v Speaker 3>know what that solution would be, whether you give the

0:40:29.320 --> 0:40:33.080
<v Speaker 3>guys like a half a shot advantage in the match

0:40:33.120 --> 0:40:35.239
<v Speaker 3>play or something, but I worry a little bit that

0:40:35.280 --> 0:40:38.040
<v Speaker 3>we're going to get super fired up about match play

0:40:38.080 --> 0:40:40.719
<v Speaker 3>and then given the high variance nature of the format,

0:40:40.760 --> 0:40:44.239
<v Speaker 3>like the seventeen seed versus the thirty first seed is

0:40:44.280 --> 0:40:47.040
<v Speaker 3>in the finals and we're kind of like, well, congrats

0:40:47.080 --> 0:40:49.760
<v Speaker 3>on the new format, but this isn't what fans really envisioned.

0:40:49.920 --> 0:40:51.840
<v Speaker 3>I do think there should be probably some kind of

0:40:51.840 --> 0:40:54.319
<v Speaker 3>built in advantage for the top guys, but you know,

0:40:54.400 --> 0:40:57.319
<v Speaker 3>like people have said that match play that's part of

0:40:57.360 --> 0:40:59.000
<v Speaker 3>the spirit of the sport. You're not always going to

0:40:59.080 --> 0:41:01.880
<v Speaker 3>get the top guys. But yeah, Obron very excited. I

0:41:01.920 --> 0:41:03.200
<v Speaker 3>just think there are some details that need to be

0:41:03.280 --> 0:41:03.759
<v Speaker 3>ironed out.

0:41:04.040 --> 0:41:06.200
<v Speaker 2>I always am amazed when you look at, you know,

0:41:06.440 --> 0:41:09.640
<v Speaker 2>the FedEx Cup standings, we get beat over the head

0:41:10.280 --> 0:41:13.480
<v Speaker 2>with them as golf fans just just smashed over the

0:41:13.520 --> 0:41:17.680
<v Speaker 2>head from Week one of PGA Tour Golf. I am

0:41:17.760 --> 0:41:19.840
<v Speaker 2>always kind of amazed though, when you look at it

0:41:19.840 --> 0:41:22.040
<v Speaker 2>at the end of the year how it shakes out

0:41:22.080 --> 0:41:24.600
<v Speaker 2>and you're like, oh, you know, the top thirty they

0:41:25.600 --> 0:41:28.319
<v Speaker 2>it was right, like those were the thirty best players.

0:41:28.600 --> 0:41:29.239
<v Speaker 1>I do see.

0:41:29.239 --> 0:41:32.279
<v Speaker 2>What you're saying, though, is like what a nightmare would

0:41:32.320 --> 0:41:35.800
<v Speaker 2>be on It's not a nightmare, but you know, worst

0:41:35.880 --> 0:41:39.800
<v Speaker 2>case scenario, you get a you know, a final match

0:41:40.040 --> 0:41:43.520
<v Speaker 2>of for the you know playoffs of Chris right Tan

0:41:43.680 --> 0:41:48.880
<v Speaker 2>versus Alex Smalley, you know, du which could absolutely happen,

0:41:49.080 --> 0:41:51.520
<v Speaker 2>you know, and that right now, as it stands today,

0:41:51.520 --> 0:41:54.440
<v Speaker 2>would be sixteen versus twenty one.

0:41:55.120 --> 0:41:58.880
<v Speaker 1>I think it's you know, like the thing about match play,

0:41:58.960 --> 0:42:00.439
<v Speaker 1>right is like anything happen.

0:42:00.520 --> 0:42:02.680
<v Speaker 2>I always found it humorous when we had the match

0:42:02.719 --> 0:42:06.839
<v Speaker 2>Play tournament, you know that you had this like, oh,

0:42:06.920 --> 0:42:10.840
<v Speaker 2>like the sixty four seed beat the number one seed.

0:42:10.880 --> 0:42:12.960
<v Speaker 2>How crazy is that. It's like, well, it's not crazy

0:42:13.000 --> 0:42:15.560
<v Speaker 2>at all, you know. This is like, this is not

0:42:15.680 --> 0:42:19.399
<v Speaker 2>like the SCAA tournament. This is you know, there's such

0:42:19.440 --> 0:42:22.920
<v Speaker 2>a marginal difference between their talent level and what golf,

0:42:23.000 --> 0:42:26.640
<v Speaker 2>thrives on is that over the course of four round

0:42:27.000 --> 0:42:30.400
<v Speaker 2>championship golf of twenty events a year, so you're talking

0:42:30.440 --> 0:42:34.600
<v Speaker 2>over eighty rounds of golf. This is how it eventually

0:42:34.680 --> 0:42:37.160
<v Speaker 2>shakes out as to who the best players are. And

0:42:37.200 --> 0:42:41.160
<v Speaker 2>the margin on a per round basis is so small,

0:42:41.719 --> 0:42:46.320
<v Speaker 2>but in the totality, much like baseball, of this long season,

0:42:47.080 --> 0:42:49.240
<v Speaker 2>the difference becomes like very evident.

0:42:49.680 --> 0:42:51.080
<v Speaker 1>So when you boil.

0:42:50.880 --> 0:42:55.080
<v Speaker 2>It down to a single match, it is very, very

0:42:55.239 --> 0:42:58.000
<v Speaker 2>very like the variance. You could put some college kids

0:42:58.000 --> 0:43:00.719
<v Speaker 2>in there and there'd be a potential for like, you know,

0:43:00.800 --> 0:43:05.080
<v Speaker 2>the number two guy on LSU to beat Scotti Scheffler

0:43:05.080 --> 0:43:07.920
<v Speaker 2>on a given day. Is that it's not like a

0:43:07.960 --> 0:43:09.640
<v Speaker 2>lot of other sports in that sense.

0:43:11.040 --> 0:43:13.320
<v Speaker 3>And the other piece that I'm sure Brian Rolapp is

0:43:13.360 --> 0:43:15.120
<v Speaker 3>thinking about is if you could build in just a

0:43:15.160 --> 0:43:18.239
<v Speaker 3>small advantage for the top guys, it would make them.

0:43:18.440 --> 0:43:20.759
<v Speaker 3>It would incentivize them to show up to your other

0:43:20.840 --> 0:43:24.080
<v Speaker 3>events and care about them. Right now, like Rory McRoy

0:43:24.080 --> 0:43:27.080
<v Speaker 3>has played, Andy knew how many non majors Andy that

0:43:27.440 --> 0:43:31.320
<v Speaker 3>Rory has played in this PGA Tour schedule five six,

0:43:31.440 --> 0:43:35.439
<v Speaker 3>He's played six times this PGA tour season, and he

0:43:35.520 --> 0:43:37.000
<v Speaker 3>you know, he can roll out of bed and make

0:43:37.040 --> 0:43:39.720
<v Speaker 3>it into the top six or four of the FedEx

0:43:39.760 --> 0:43:42.000
<v Speaker 3>Cup no matter how many events he plays. But you

0:43:42.120 --> 0:43:44.600
<v Speaker 3>do want to get those top guys caring about being

0:43:44.640 --> 0:43:47.040
<v Speaker 3>a top four seed or a top eight seed. So

0:43:47.120 --> 0:43:49.040
<v Speaker 3>I am fascinated to see if they build in some

0:43:49.120 --> 0:43:52.200
<v Speaker 3>kind of advantage. Yes, match play, you know who cares

0:43:52.239 --> 0:43:55.319
<v Speaker 3>if it's twelve or seventeen. That's the nature of match play. Sure,

0:43:55.760 --> 0:43:57.839
<v Speaker 3>but I think there would be some additional benefits from

0:43:58.160 --> 0:44:00.880
<v Speaker 3>naturally incentivizing these guys to show up during the season

0:44:00.920 --> 0:44:04.040
<v Speaker 3>if you build in some little advantage to the top players.

0:44:04.040 --> 0:44:06.239
<v Speaker 3>But maybe they won't even do that, and they'll just say, hey,

0:44:06.239 --> 0:44:07.520
<v Speaker 3>if you're in the top thirty two, you have an

0:44:07.560 --> 0:44:08.960
<v Speaker 3>equal chance. We'll see how it shakes out.

0:44:09.760 --> 0:44:12.360
<v Speaker 2>I think i'd be okay with either one. And I

0:44:12.360 --> 0:44:16.960
<v Speaker 2>think like the thing too here that I think is important.

0:44:17.680 --> 0:44:19.919
<v Speaker 2>Everybody's going to expect this thing to be a home

0:44:20.040 --> 0:44:24.600
<v Speaker 2>run right away, but they're introducing this new whole format

0:44:24.760 --> 0:44:26.640
<v Speaker 2>they need to be and I think they will be

0:44:26.920 --> 0:44:30.440
<v Speaker 2>like open to making tweaks as you go along. One thing,

0:44:30.480 --> 0:44:33.279
<v Speaker 2>I'd be curious your thoughts on are what if the

0:44:33.320 --> 0:44:37.080
<v Speaker 2>advantage of say finishing in the top eight was that

0:44:37.120 --> 0:44:40.879
<v Speaker 2>you get a guaranteed admittance to the finals where you're

0:44:40.920 --> 0:44:43.920
<v Speaker 2>a top eight seed, you're one of the top eight seeds,

0:44:44.280 --> 0:44:47.880
<v Speaker 2>and then everybody playing in is playing. There's only eight spots.

0:44:47.960 --> 0:44:50.359
<v Speaker 2>You have to win your stage to get out.

0:44:50.640 --> 0:44:54.840
<v Speaker 3>You know, sure, right, there's fives in the NFL for

0:44:54.920 --> 0:44:56.400
<v Speaker 3>being one of the top seeds and you get an

0:44:56.400 --> 0:44:58.560
<v Speaker 3>extra week of rest. If that's the direction they choose

0:44:58.600 --> 0:45:00.520
<v Speaker 3>to go, I'd be completely fine with that.

0:45:00.520 --> 0:45:02.000
<v Speaker 1>That's just generally a thought.

0:45:03.080 --> 0:45:05.640
<v Speaker 2>Yeah, I think you know, this is a this is

0:45:05.680 --> 0:45:10.120
<v Speaker 2>a wonderful, wonderful opportunity because you know, you get some

0:45:10.160 --> 0:45:15.200
<v Speaker 2>sort of and listen, like ESPN had floated, they've since

0:45:15.440 --> 0:45:17.840
<v Speaker 2>pulled it out of the story that that it was

0:45:17.920 --> 0:45:21.880
<v Speaker 2>like Pine Valley Cypher's point potential for this final event.

0:45:22.440 --> 0:45:23.919
<v Speaker 1>I think that's a little pie in the sky.

0:45:24.239 --> 0:45:27.120
<v Speaker 2>I'm just like I would just generally say that, like

0:45:27.239 --> 0:45:32.759
<v Speaker 2>you're long established USGA venues, your Shinnecocks of the world,

0:45:32.960 --> 0:45:37.920
<v Speaker 2>your Pebbles, your I mean Pebble obviously has a pghur event,

0:45:38.160 --> 0:45:40.839
<v Speaker 2>but your Pinehurst, those are probably going to be off

0:45:40.880 --> 0:45:43.400
<v Speaker 2>the table because the USGA is going to say, we

0:45:43.440 --> 0:45:47.680
<v Speaker 2>don't want this to be similar to a championship that

0:45:47.719 --> 0:45:52.040
<v Speaker 2>we're hosting. I would be looking at, like, what are

0:45:52.080 --> 0:45:56.000
<v Speaker 2>the best golf courses that don't host USGA events as

0:45:56.080 --> 0:45:57.960
<v Speaker 2>my list of like these are the ones that we

0:45:58.000 --> 0:46:00.640
<v Speaker 2>should go, we should be targeting to go. I saw

0:46:00.760 --> 0:46:03.000
<v Speaker 2>Seminole was floated. I don't think that's going to work

0:46:03.000 --> 0:46:07.839
<v Speaker 2>in August, South Florida, but maybe it will. So that

0:46:07.880 --> 0:46:11.400
<v Speaker 2>would be just generally, So that's the general structure.

0:46:12.560 --> 0:46:13.680
<v Speaker 1>As you've looked at it.

0:46:13.960 --> 0:46:18.360
<v Speaker 2>What are some kind of red flags of this system

0:46:18.480 --> 0:46:22.319
<v Speaker 2>that you've identified things that hey, like I might like

0:46:22.360 --> 0:46:25.800
<v Speaker 2>to see this or that be different.

0:46:27.440 --> 0:46:29.680
<v Speaker 3>I think they're a decent number of them, and there's

0:46:30.920 --> 0:46:34.279
<v Speaker 3>small details, but the small details really matter in a

0:46:34.320 --> 0:46:38.320
<v Speaker 3>system like this. So I think the biggest the biggest

0:46:38.320 --> 0:46:40.719
<v Speaker 3>piece of blowback you're probably gonna get is the lack

0:46:40.800 --> 0:46:43.840
<v Speaker 3>of mid season promotion and that if you are on

0:46:44.000 --> 0:46:47.040
<v Speaker 3>track to this Challenger Series, it is very difficult to

0:46:47.040 --> 0:46:48.720
<v Speaker 3>make your way up to Track one in the middle

0:46:48.719 --> 0:46:50.960
<v Speaker 3>of the season, and so you have the potential of

0:46:51.000 --> 0:46:54.200
<v Speaker 3>guys getting stuck. You have to win twice in the

0:46:54.280 --> 0:46:57.160
<v Speaker 3>Challenger Series to move up or win a major championship,

0:46:57.320 --> 0:46:59.560
<v Speaker 3>And I don't think it's out of the realm of

0:46:59.600 --> 0:47:02.319
<v Speaker 3>possibilit that we basically never see that that that might

0:47:02.360 --> 0:47:05.120
<v Speaker 3>happen like once every ten years where somebody from the

0:47:05.239 --> 0:47:07.839
<v Speaker 3>Challenger Series wins twice in a season and moves up

0:47:08.000 --> 0:47:11.360
<v Speaker 3>or wins a major championship. So I think that's some

0:47:11.440 --> 0:47:13.719
<v Speaker 3>blowback you'll get. My counter would be, well, at least

0:47:13.719 --> 0:47:15.960
<v Speaker 3>at the end of that year, then the next year

0:47:15.960 --> 0:47:20.480
<v Speaker 3>they have the full schedule. They're fully exempt onto the

0:47:20.520 --> 0:47:23.239
<v Speaker 3>top series, the Championship Series, which is not the way

0:47:23.280 --> 0:47:25.520
<v Speaker 3>it works now, as we've already talked about, Like now

0:47:25.560 --> 0:47:28.320
<v Speaker 3>you could do really well on track two, and you're

0:47:28.560 --> 0:47:32.600
<v Speaker 3>playing with a massive disadvantage once you get up to

0:47:32.640 --> 0:47:34.560
<v Speaker 3>the next level because y' all these limited starts. So

0:47:34.600 --> 0:47:37.359
<v Speaker 3>that's one big piece of blowback I think you'll get.

0:47:37.680 --> 0:47:41.080
<v Speaker 3>I'm a little worried about this idea of abandoning some

0:47:41.120 --> 0:47:43.920
<v Speaker 3>of these small markets and going to these big markets

0:47:44.120 --> 0:47:46.360
<v Speaker 3>and the gamble that that is. I think some of

0:47:46.400 --> 0:47:49.640
<v Speaker 3>these small markets have served the tour pretty well, and

0:47:50.280 --> 0:47:52.360
<v Speaker 3>we have seen when you go to big markets sometimes

0:47:52.360 --> 0:47:54.719
<v Speaker 3>that the fans don't necessarily show up, and so I

0:47:54.760 --> 0:47:58.279
<v Speaker 3>wonder about a venue like Colonial, is that done? Is

0:47:58.680 --> 0:48:01.319
<v Speaker 3>if it's not a top tier event, is it? Do

0:48:01.360 --> 0:48:03.120
<v Speaker 3>they even want to be a second tier event? And

0:48:03.160 --> 0:48:05.400
<v Speaker 3>you know what elements of the PGA Tours history are

0:48:05.440 --> 0:48:08.759
<v Speaker 3>they potentially abandoning that was working really well. I have

0:48:08.800 --> 0:48:11.520
<v Speaker 3>some concern about that. And then I guess the other

0:48:11.520 --> 0:48:13.600
<v Speaker 3>piece would be that, you know, we're talking about ninety

0:48:13.640 --> 0:48:17.400
<v Speaker 3>guys keeping their card from the Championship Series and twenty

0:48:18.320 --> 0:48:21.040
<v Speaker 3>getting promoted from that second tier, which leaves about twenty

0:48:21.080 --> 0:48:24.440
<v Speaker 3>spots to figure out of who else is exempt. And

0:48:24.480 --> 0:48:26.080
<v Speaker 3>I think that's going to be really hard to figure

0:48:26.080 --> 0:48:29.280
<v Speaker 3>out exactly where those twenty spots get allocated. DP World

0:48:29.280 --> 0:48:34.000
<v Speaker 3>Tour guys, PGA Tour you guys, you know medical exemptions.

0:48:34.560 --> 0:48:36.880
<v Speaker 3>How that twenty gets filled out is a really big deal,

0:48:36.960 --> 0:48:38.680
<v Speaker 3>and I would I would really want to make sure

0:48:38.680 --> 0:48:41.440
<v Speaker 3>that we don't start capping opportunities for guys like on

0:48:41.520 --> 0:48:43.640
<v Speaker 3>PGA Tour you, because I think you want to get

0:48:43.640 --> 0:48:44.920
<v Speaker 3>them up as fast as possible.

0:48:45.760 --> 0:48:50.720
<v Speaker 2>Yeah, I to the last point. The devil is definitely

0:48:50.800 --> 0:48:53.000
<v Speaker 2>going to be in the details of how they shake this,

0:48:53.320 --> 0:48:56.839
<v Speaker 2>shake this whole thing out. And obviously the stakes are

0:48:56.920 --> 0:49:01.040
<v Speaker 2>so high you're talking about. You're playing on the top

0:49:01.080 --> 0:49:06.080
<v Speaker 2>tour for twenty plus million perses and you're gonna, you know,

0:49:06.320 --> 0:49:08.360
<v Speaker 2>like you're going to play for a lot of money

0:49:08.360 --> 0:49:10.719
<v Speaker 2>every week. If you get bumped down, you're playing for

0:49:10.760 --> 0:49:14.640
<v Speaker 2>a fifth at least a fifth of the money right

0:49:14.680 --> 0:49:15.719
<v Speaker 2>when you get bumped down.

0:49:16.840 --> 0:49:19.440
<v Speaker 1>I think, like, you know, figuring out.

0:49:19.280 --> 0:49:21.680
<v Speaker 2>How all of it works, Like there's got to be

0:49:21.719 --> 0:49:24.360
<v Speaker 2>a dp World Tour carve out where if you finish,

0:49:24.840 --> 0:49:27.879
<v Speaker 2>you know, in the top five or whatever it is,

0:49:27.960 --> 0:49:30.560
<v Speaker 2>you get bumped up. Yes, there has to be some

0:49:30.760 --> 0:49:33.279
<v Speaker 2>threshold of PGA Tour you and I think they can

0:49:33.400 --> 0:49:36.880
<v Speaker 2>probably easily do that based off of accumulating an x

0:49:36.960 --> 0:49:39.279
<v Speaker 2>number of points. The way that it works right now

0:49:39.400 --> 0:49:43.200
<v Speaker 2>is like qualification points is how Jackson Coyven earned his

0:49:43.239 --> 0:49:46.480
<v Speaker 2>card early. Like there has to be a point threshold.

0:49:46.520 --> 0:49:48.680
<v Speaker 2>Just because you finished number one doesn't mean you get

0:49:48.680 --> 0:49:51.960
<v Speaker 2>a card. You have to achieve x number to reach

0:49:52.160 --> 0:49:55.239
<v Speaker 2>this high level of golf. Otherwise you go into this

0:49:55.400 --> 0:49:58.040
<v Speaker 2>challenger circuit. For the way they do it, I think

0:49:58.080 --> 0:50:01.399
<v Speaker 2>like five spots should go into the challengers right now.

0:50:01.520 --> 0:50:02.799
<v Speaker 1>The top five, you.

0:50:02.760 --> 0:50:05.959
<v Speaker 2>Know, number one goes to the PGA Tour for two

0:50:06.000 --> 0:50:08.759
<v Speaker 2>through five go to the corn Ferry Tour like I would.

0:50:09.520 --> 0:50:12.480
<v Speaker 3>I like to so, But like Bench, these guys turn

0:50:12.560 --> 0:50:14.760
<v Speaker 3>pro in the summer, in the middle of the season.

0:50:14.800 --> 0:50:17.040
<v Speaker 3>So what would you do, Like with Ben James, for example, Andy,

0:50:17.080 --> 0:50:18.919
<v Speaker 3>would you give him because he's gonna be a huge

0:50:18.920 --> 0:50:21.560
<v Speaker 3>disadvantage if he just comes out into the Championship Series

0:50:21.560 --> 0:50:23.439
<v Speaker 3>halfway through the season. How would you figure that out?

0:50:23.560 --> 0:50:24.040
<v Speaker 1>So I would.

0:50:24.120 --> 0:50:25.920
<v Speaker 2>I would figure it out in the sense of, like,

0:50:26.200 --> 0:50:29.680
<v Speaker 2>the only people that earn the Championship Series are they

0:50:29.680 --> 0:50:32.600
<v Speaker 2>cleared this threshold, and it could be it could be

0:50:32.640 --> 0:50:35.520
<v Speaker 2>six players if they clear this high threshold of like

0:50:35.880 --> 0:50:39.680
<v Speaker 2>you're an all time college player, we're going to bump

0:50:39.719 --> 0:50:43.120
<v Speaker 2>you straight up to the Championship Series. It could be zero,

0:50:43.320 --> 0:50:46.480
<v Speaker 2>it could be five, it could be six, whatever, whatever

0:50:46.640 --> 0:50:49.000
<v Speaker 2>clear that threshold, they get a come up and then

0:50:49.040 --> 0:50:51.440
<v Speaker 2>they get in an additional year. Is the way I

0:50:51.480 --> 0:50:53.640
<v Speaker 2>would I would set it up. They're effectively like an

0:50:53.680 --> 0:50:56.800
<v Speaker 2>add on a bolt on to the tour for that half.

0:50:56.680 --> 0:50:59.840
<v Speaker 3>Year and then in full next year's status exactly.

0:51:00.040 --> 0:51:03.120
<v Speaker 2>And then for for the other people that then qualify

0:51:03.239 --> 0:51:06.919
<v Speaker 2>tip their typical PJ tour you route, I would send

0:51:06.920 --> 0:51:09.560
<v Speaker 2>them straight to the Challenger tour and they get that

0:51:09.640 --> 0:51:13.600
<v Speaker 2>same year and a half effectively like, hey, you could

0:51:13.600 --> 0:51:16.120
<v Speaker 2>go down there and kill it and earn your card,

0:51:16.680 --> 0:51:19.920
<v Speaker 2>you know, you earn your high card or you but

0:51:20.360 --> 0:51:23.960
<v Speaker 2>at worst case you're here for the next year. But

0:51:24.040 --> 0:51:27.520
<v Speaker 2>then I think, like the big issue here is the

0:51:27.560 --> 0:51:31.720
<v Speaker 2>medical thing. Yeah, this, this is gonna be the hardest

0:51:31.760 --> 0:51:33.480
<v Speaker 2>thing to figure out. And I know that this is

0:51:33.520 --> 0:51:36.400
<v Speaker 2>not the most you know, fun, It's not gonna you know,

0:51:36.640 --> 0:51:40.400
<v Speaker 2>draw millions of eyeballs. But holy cal you are asking

0:51:41.640 --> 0:51:45.279
<v Speaker 2>for uh, you know, fake dives here, like you are

0:51:45.400 --> 0:51:49.480
<v Speaker 2>asking for you know what I've had, Like my shoulders

0:51:49.680 --> 0:51:54.000
<v Speaker 2>kind of bugging me, and I got off to bad,

0:51:54.280 --> 0:51:57.760
<v Speaker 2>you know, the first the first five starts were bad.

0:51:58.880 --> 0:52:01.480
<v Speaker 2>And I know, I'm I'm lost right now. I'm just

0:52:01.640 --> 0:52:03.399
<v Speaker 2>I'm just gonna sit out the rest of the year.

0:52:03.600 --> 0:52:06.279
<v Speaker 2>I'm gonna get my shoulder done and then I'm going

0:52:06.360 --> 0:52:08.000
<v Speaker 2>to work out and I and I'm going to get

0:52:08.000 --> 0:52:11.319
<v Speaker 2>out of this funk. Like this is is going to

0:52:11.360 --> 0:52:13.480
<v Speaker 2>be screaming the tour in their face.

0:52:13.560 --> 0:52:16.800
<v Speaker 1>And I don't know, with the with the setup.

0:52:16.360 --> 0:52:20.839
<v Speaker 2>Of tour players as individual contract independent contractors, I don't

0:52:20.880 --> 0:52:23.000
<v Speaker 2>know how you how you've solved this.

0:52:24.600 --> 0:52:26.919
<v Speaker 3>It's a hard issue. I can't wait for the fake

0:52:26.960 --> 0:52:30.440
<v Speaker 3>injury discussions. Yeah, the withdrawals that are a little suspect.

0:52:30.560 --> 0:52:33.080
<v Speaker 3>I don't know, Andy, I don't know how many spots

0:52:33.080 --> 0:52:35.000
<v Speaker 3>they're going to allocate for this. But it's it's a

0:52:35.160 --> 0:52:37.480
<v Speaker 3>very serious challenge. And you think about somebody like will

0:52:37.520 --> 0:52:41.080
<v Speaker 3>z au Taurus or Justin Thomas, guys who you would say, hey,

0:52:41.280 --> 0:52:44.680
<v Speaker 3>if they're healthy like they do, they clearly should be

0:52:45.200 --> 0:52:48.480
<v Speaker 3>on that top circuit. But like when their injuries happen matters,

0:52:48.480 --> 0:52:50.359
<v Speaker 3>And if it's halfway through the season, this is going

0:52:50.400 --> 0:52:52.799
<v Speaker 3>to be a very complicated puzzle to solve and it

0:52:52.880 --> 0:52:55.400
<v Speaker 3>will be a controversial one because the stakes are pretty high.

0:52:55.520 --> 0:52:59.239
<v Speaker 2>Also, like, okay, let's just use it JT as an example.

0:53:00.080 --> 0:53:03.919
<v Speaker 2>He got the back the micro disectomy. Let's just say

0:53:03.960 --> 0:53:06.759
<v Speaker 2>he's he's three quarters of the way through the year

0:53:06.840 --> 0:53:08.840
<v Speaker 2>and it's a big problem. He has to go on

0:53:08.880 --> 0:53:12.920
<v Speaker 2>the shelf and he is on his way to earn

0:53:13.200 --> 0:53:16.560
<v Speaker 2>his status, but because he had to take the last

0:53:16.600 --> 0:53:21.279
<v Speaker 2>six events off, he ends up falling you know one,

0:53:21.560 --> 0:53:24.359
<v Speaker 2>you know whatever, one, o, two or whatever the number is,

0:53:24.440 --> 0:53:27.680
<v Speaker 2>and he does he loses his car technically loses his card,

0:53:28.000 --> 0:53:31.719
<v Speaker 2>but he gets these rehab starts, like he gets the

0:53:31.800 --> 0:53:34.640
<v Speaker 2>starts that he missed to earn the points, like as

0:53:34.719 --> 0:53:35.080
<v Speaker 2>they do.

0:53:35.080 --> 0:53:38.239
<v Speaker 1>It now, Like where do where do you go to

0:53:38.280 --> 0:53:39.080
<v Speaker 1>get ramped up?

0:53:40.200 --> 0:53:42.480
<v Speaker 2>Like if you have to take a year off, like

0:53:42.800 --> 0:53:46.080
<v Speaker 2>you're okay, Like I I need to get like back.

0:53:46.280 --> 0:53:48.640
<v Speaker 2>Like if you're a pitcher that's hurt in the Major

0:53:48.719 --> 0:53:51.360
<v Speaker 2>League Baseball, you go down to Triple A and you

0:53:51.480 --> 0:53:53.920
<v Speaker 2>throw some starts down there before you come up to

0:53:53.960 --> 0:53:55.040
<v Speaker 2>the big league.

0:53:54.800 --> 0:53:57.160
<v Speaker 1>Like there is a whole box of worms. I am

0:53:57.200 --> 0:53:58.479
<v Speaker 1>not envious at all.

0:53:58.719 --> 0:54:02.640
<v Speaker 2>I think this is the honestly, of all the issues,

0:54:02.719 --> 0:54:05.839
<v Speaker 2>this is the most difficult one to figure out.

0:54:06.800 --> 0:54:10.440
<v Speaker 3>It is, And right now, the PGA Tour in the

0:54:10.480 --> 0:54:13.040
<v Speaker 3>signature event model sort of has this catch all. If

0:54:13.080 --> 0:54:14.919
<v Speaker 3>you're in the top thirty of the official World Golf

0:54:15.000 --> 0:54:17.359
<v Speaker 3>rankings and you're not already exempt, then you're in. And

0:54:17.360 --> 0:54:20.279
<v Speaker 3>that kind of solves some of these issues where, yeah,

0:54:20.280 --> 0:54:21.840
<v Speaker 3>if you're clearly one of the best players, you have

0:54:21.840 --> 0:54:24.240
<v Speaker 3>a great finish in a major and for whatever reason

0:54:24.280 --> 0:54:27.399
<v Speaker 3>you weren't in signature events, now you're in. This looks

0:54:27.440 --> 0:54:31.040
<v Speaker 3>like a total decoupling from any kind of OWGR criteria.

0:54:31.120 --> 0:54:32.719
<v Speaker 3>So that's not going to be the way to get

0:54:32.719 --> 0:54:35.000
<v Speaker 3>some of these guys in who you're going to have

0:54:35.040 --> 0:54:37.719
<v Speaker 3>to have a sound medical policy and that's going to

0:54:37.760 --> 0:54:38.520
<v Speaker 3>be very difficult.

0:54:39.440 --> 0:54:44.839
<v Speaker 2>Yeah, and it's made more difficult because they're independent contractors. Yeah,

0:54:45.080 --> 0:54:48.080
<v Speaker 2>like way more difficult because there's all sorts of loss

0:54:48.239 --> 0:54:51.760
<v Speaker 2>and legal things that you jump into because they're.

0:54:51.560 --> 0:54:54.400
<v Speaker 1>Contractors and not it's going to be great. It is.

0:54:54.480 --> 0:55:06.959
<v Speaker 2>It is actually incredible for us in the content industry.

0:55:08.400 --> 0:55:09.120
<v Speaker 1>Let's just take a.

0:55:09.160 --> 0:55:13.360
<v Speaker 2>Quick break and talk about our first Friday golf event

0:55:13.480 --> 0:55:16.440
<v Speaker 2>at Pasa Tiempo, which is later this month. We have

0:55:16.480 --> 0:55:19.440
<v Speaker 2>a few spots remaining. I think this is a small handful,

0:55:20.200 --> 0:55:22.400
<v Speaker 2>but it's an opportunity to see one of the best

0:55:22.480 --> 0:55:25.880
<v Speaker 2>golf courses in the world. So come play twenty seven

0:55:25.880 --> 0:55:28.840
<v Speaker 2>holes at the Alsir McKenzie design, which was run in

0:55:28.920 --> 0:55:31.319
<v Speaker 2>valued by Jim Urbina in twenty twenty three and twenty

0:55:31.320 --> 0:55:34.520
<v Speaker 2>twenty four, and it's a great opportunity to make a

0:55:34.560 --> 0:55:38.400
<v Speaker 2>trip of it. The giants are playing both before and

0:55:38.480 --> 0:55:42.040
<v Speaker 2>after at one of the best ballparks in the world,

0:55:42.280 --> 0:55:45.120
<v Speaker 2>and you can add rounds at Pacific Grove Poppy Hills

0:55:45.200 --> 0:55:49.000
<v Speaker 2>or the Pebble Beach courses or the San Francisco courses.

0:55:49.400 --> 0:55:52.360
<v Speaker 2>This is a great one to bring your partner, whether

0:55:52.440 --> 0:55:56.560
<v Speaker 2>it's a mister or missus who enjoys food and wine.

0:55:57.320 --> 0:56:00.000
<v Speaker 2>You can also visit Big Sur in the central California

0:56:00.160 --> 0:56:03.759
<v Speaker 2>coast of wineries, or go up north the NAPA or Sonoma.

0:56:04.600 --> 0:56:07.560
<v Speaker 2>The World's your oyster there. I would wouldn't sleep on Marin.

0:56:07.600 --> 0:56:10.239
<v Speaker 2>That's a great place to visit too. You can find

0:56:10.239 --> 0:56:13.640
<v Speaker 2>out more information at Thefrida egg dot com slash events.

0:56:23.080 --> 0:56:24.160
<v Speaker 1>I wanted to get to.

0:56:24.600 --> 0:56:28.920
<v Speaker 2>Your point about promotion relegation midseason, and this would be

0:56:29.200 --> 0:56:31.200
<v Speaker 2>like if I was going to point out, like my

0:56:31.480 --> 0:56:34.520
<v Speaker 2>number one issue with this system, I think this is it.

0:56:36.760 --> 0:56:37.839
<v Speaker 1>You know, I just.

0:56:40.000 --> 0:56:42.479
<v Speaker 2>You know, by setting and this is a tricky thing,

0:56:42.520 --> 0:56:46.200
<v Speaker 2>but like by setting a number, okay, you have to

0:56:46.239 --> 0:56:48.360
<v Speaker 2>win twice and you get up, or you win a

0:56:48.440 --> 0:56:51.640
<v Speaker 2>major and you get up, you're you're kind of missing

0:56:51.640 --> 0:56:56.240
<v Speaker 2>the point of golf. Like in a way, like Scotty's

0:56:56.280 --> 0:56:59.480
<v Speaker 2>the perfect encapsulation of this. Right now as we speak,

0:56:59.560 --> 0:57:04.160
<v Speaker 2>he's one once, but he's by far and away clearly

0:57:04.239 --> 0:57:07.120
<v Speaker 2>the best golfer in the world. You know if if

0:57:07.160 --> 0:57:10.960
<v Speaker 2>you place Scotty down on the Challenge Tour and he

0:57:11.040 --> 0:57:13.759
<v Speaker 2>had the same resume of you know, if you go

0:57:13.800 --> 0:57:17.840
<v Speaker 2>through Scotty, Scotty's Scotty's you know results this year it's

0:57:17.920 --> 0:57:21.720
<v Speaker 2>just basically a mirror out a single win and a

0:57:21.880 --> 0:57:26.640
<v Speaker 2>myriad of top three or four finishes, like just over

0:57:26.680 --> 0:57:28.640
<v Speaker 2>and over, like if I if I just run down,

0:57:28.720 --> 0:57:30.680
<v Speaker 2>I'm just gonna run down it real quick. He won

0:57:30.720 --> 0:57:35.000
<v Speaker 2>his first start American Express T three, T four, T twelve,

0:57:35.040 --> 0:57:39.520
<v Speaker 2>T twenty four, T twenty two second, second, second, T fourteen, third,

0:57:39.880 --> 0:57:43.640
<v Speaker 2>T twelve, T four second. That's his starts this year.

0:57:44.760 --> 0:57:48.320
<v Speaker 2>If you if you had that player on the Challenge Tour,

0:57:48.560 --> 0:57:52.600
<v Speaker 2>it would be like, Okay, this guy is so good.

0:57:53.600 --> 0:57:56.360
<v Speaker 2>He's so clearly one of the twenty best players in

0:57:56.360 --> 0:57:59.240
<v Speaker 2>the world, and especially if he's doing this in majors.

0:57:59.280 --> 0:58:00.760
<v Speaker 1>He's doing every thing but winning.

0:58:01.240 --> 0:58:06.400
<v Speaker 2>Like what great golf is boiled down to is effectively consistency.

0:58:07.120 --> 0:58:10.800
<v Speaker 2>Every player wants to be more consistent and like the

0:58:10.920 --> 0:58:15.600
<v Speaker 2>barometer for success should always be rooted in consistency. And

0:58:15.800 --> 0:58:20.120
<v Speaker 2>where my struggle here is that the the the promotion

0:58:20.480 --> 0:58:22.440
<v Speaker 2>you can get and I hate to do this to

0:58:22.520 --> 0:58:23.440
<v Speaker 2>a fellow LINEI.

0:58:23.640 --> 0:58:26.000
<v Speaker 1>I hate to do this to a fellow LINI.

0:58:26.240 --> 0:58:28.760
<v Speaker 2>But you could get a Brian Campbell situation where he

0:58:28.800 --> 0:58:32.720
<v Speaker 2>wins twice, but he misses every cut in between, and

0:58:32.720 --> 0:58:34.880
<v Speaker 2>it's like, wait a second, this isn't one of the

0:58:34.880 --> 0:58:38.640
<v Speaker 2>best players of the world. He just like very like

0:58:38.800 --> 0:58:42.400
<v Speaker 2>he just had the ball bounce his way twice. And

0:58:42.640 --> 0:58:44.760
<v Speaker 2>the difference, you know you wanted a playoff, you want

0:58:45.080 --> 0:58:49.880
<v Speaker 2>like it's I understand the trick here. The hard thing

0:58:49.960 --> 0:58:52.400
<v Speaker 2>is you need to have like a very clear hurdle.

0:58:53.080 --> 0:58:56.040
<v Speaker 2>This is what you have to do. But the backside

0:58:56.120 --> 0:58:59.800
<v Speaker 2>of this, and the really hard backside of this is

0:58:59.800 --> 0:59:04.920
<v Speaker 2>that when you do that, you miss the boat of

0:59:05.160 --> 0:59:06.560
<v Speaker 2>what actually the picture is.

0:59:07.520 --> 0:59:09.720
<v Speaker 3>So I actually will take the tour side on this one.

0:59:10.040 --> 0:59:12.440
<v Speaker 3>It's a tricky issue. I think the solution they've landed

0:59:12.480 --> 0:59:14.240
<v Speaker 3>on is fine, and I would take the other side

0:59:14.280 --> 0:59:17.600
<v Speaker 3>of your argument, because yes, you might get stuck a

0:59:17.640 --> 0:59:20.080
<v Speaker 3>little longer in this system than you would have the

0:59:20.160 --> 0:59:23.360
<v Speaker 3>other way, but then you're going to be top twenty

0:59:23.400 --> 0:59:24.520
<v Speaker 3>at the end of the year and you will have

0:59:24.560 --> 0:59:27.520
<v Speaker 3>the full schedule next year and not be at a disadvantage.

0:59:27.560 --> 0:59:30.480
<v Speaker 3>And there are a lot of complications to what you're describing.

0:59:30.600 --> 0:59:33.160
<v Speaker 3>Let's say somebody can kind of move up mid season

0:59:33.200 --> 0:59:35.560
<v Speaker 3>with some hot play, then they have to start deciding

0:59:35.560 --> 0:59:38.760
<v Speaker 3>if they're going to play Championship Series events or Challenger

0:59:38.800 --> 0:59:42.360
<v Speaker 3>Series events, and you might not get points for the

0:59:42.440 --> 0:59:45.440
<v Speaker 3>Challenger Series if you're playing in the Championship Series. And

0:59:45.480 --> 0:59:48.120
<v Speaker 3>then the same issue the tour always has to deal with,

0:59:48.160 --> 0:59:51.640
<v Speaker 3>are we assigning enough? Is it a transferable currency between

0:59:51.680 --> 0:59:54.200
<v Speaker 3>the two? How many should each one get? Like they

0:59:54.200 --> 0:59:57.400
<v Speaker 3>are just choosing to abstract themselves from that problem, and

0:59:57.440 --> 0:59:59.320
<v Speaker 3>I don't have a problem with that. And then you're

0:59:59.320 --> 1:00:02.240
<v Speaker 3>Brian Campbell example, Let's say he wins twice and he

1:00:02.280 --> 1:00:05.360
<v Speaker 3>would get up, But you think that somebody who's playing

1:00:05.360 --> 1:00:07.960
<v Speaker 3>really consistently well, they should be the ones that are

1:00:07.960 --> 1:00:10.160
<v Speaker 3>going to get up. They're both gonna get up the

1:00:10.200 --> 1:00:13.320
<v Speaker 3>next year in this system, And to me, that's the

1:00:13.400 --> 1:00:16.600
<v Speaker 3>actual that's the part that really matters. And if you're

1:00:16.600 --> 1:00:19.360
<v Speaker 3>gonna have these one hundred and twenty man fields in

1:00:19.680 --> 1:00:22.280
<v Speaker 3>a moving target of how many guys are playing hot

1:00:22.360 --> 1:00:24.560
<v Speaker 3>enough to get up and in that also becomes really

1:00:24.560 --> 1:00:26.600
<v Speaker 3>hard to run the tournaments on the Championship Series with

1:00:26.640 --> 1:00:29.720
<v Speaker 3>the field size that's constantly changing. So honestly, I'm okay

1:00:29.760 --> 1:00:31.640
<v Speaker 3>with it. It's a trade off, But I think the

1:00:31.680 --> 1:00:34.280
<v Speaker 3>tour I think the tour solutions kind of okay.

1:00:34.280 --> 1:00:39.000
<v Speaker 2>There can I present a massive issue that I just

1:00:39.240 --> 1:00:45.240
<v Speaker 2>uncovered while you were talking and thinking, you know, like

1:00:45.320 --> 1:00:50.520
<v Speaker 2>this whole thing is rooted in being equitable at every level,

1:00:50.920 --> 1:00:53.360
<v Speaker 2>Like you have the ability to play the same events

1:00:54.520 --> 1:00:58.160
<v Speaker 2>the major championships present actually a huge issue at the

1:00:58.240 --> 1:01:04.000
<v Speaker 2>championship level because not out all the players are going

1:01:04.080 --> 1:01:08.360
<v Speaker 2>to be you know, in the Masters, there's one hundred

1:01:08.360 --> 1:01:10.280
<v Speaker 2>and thirty championship level players.

1:01:10.320 --> 1:01:12.880
<v Speaker 1>In this new tour system.

1:01:12.160 --> 1:01:16.720
<v Speaker 2>The masters field is generally, you know, eighty five to

1:01:16.800 --> 1:01:20.400
<v Speaker 2>ninety players, and a large portion of that field is

1:01:20.440 --> 1:01:25.480
<v Speaker 2>made up by amateurs and and uh past champions and

1:01:25.520 --> 1:01:29.080
<v Speaker 2>then national open champions from all around the world. So

1:01:29.360 --> 1:01:35.760
<v Speaker 2>you you inherently could have situations where like your earlier

1:01:35.800 --> 1:01:42.800
<v Speaker 2>example example Sedartion Yellow Miraju is not in these fields

1:01:43.360 --> 1:01:45.360
<v Speaker 2>and he doesn't have the ability to earn points there.

1:01:45.720 --> 1:01:48.640
<v Speaker 2>What would be your your your point back on that.

1:01:49.600 --> 1:01:51.280
<v Speaker 3>I just don't think it's that big of a do.

1:01:51.240 --> 1:01:55.120
<v Speaker 2>You think the bridge that hey, you need to take

1:01:55.160 --> 1:01:56.960
<v Speaker 2>all one hundred and thirty players. I could see them

1:01:57.040 --> 1:01:59.880
<v Speaker 2>doing that with like the PGA trying to do it

1:02:00.080 --> 1:02:02.880
<v Speaker 2>the US Open and trying to do it with the Open,

1:02:03.120 --> 1:02:06.560
<v Speaker 2>but I don't know how amicable all those organizations would be.

1:02:07.560 --> 1:02:09.520
<v Speaker 3>Yeah, I honestly don't see it as a huge issue.

1:02:09.560 --> 1:02:12.400
<v Speaker 3>Sadarsan goes out and he's not exempt into the Championship Series,

1:02:12.400 --> 1:02:15.400
<v Speaker 3>but he finishes top five at the US Open. As

1:02:15.480 --> 1:02:19.360
<v Speaker 3>long as you reward him on the Challenger Series with

1:02:19.680 --> 1:02:21.280
<v Speaker 3>a lot of points, then he's going to get up

1:02:21.600 --> 1:02:22.600
<v Speaker 3>the following season.

1:02:22.680 --> 1:02:25.000
<v Speaker 2>So I think you're misunderstanding. I'm saying, what if you

1:02:25.040 --> 1:02:29.840
<v Speaker 2>have a bottom tier championship player, Right, let's say you

1:02:29.880 --> 1:02:32.840
<v Speaker 2>don't have and I don't get the access to these events.

1:02:32.960 --> 1:02:36.560
<v Speaker 2>I'm actually playing at a disadvantage of I only get

1:02:36.560 --> 1:02:39.000
<v Speaker 2>to play twenty one of twenty five events.

1:02:40.480 --> 1:02:44.600
<v Speaker 3>Oh oh, you're saying the bottom end of the Championship series. Okay, yeah,

1:02:45.000 --> 1:02:46.960
<v Speaker 3>I mean it's not going to be perfect, but I

1:02:47.000 --> 1:02:50.000
<v Speaker 3>think they're going to have enough opportunities to keep they're

1:02:50.040 --> 1:02:52.320
<v Speaker 3>not gonna have. It's not gonna be completely apples to apples,

1:02:52.320 --> 1:02:54.120
<v Speaker 3>but it'll be way more apples to apples than it

1:02:54.160 --> 1:02:57.280
<v Speaker 3>currently is. And I think that if they play good golf,

1:02:57.280 --> 1:02:59.200
<v Speaker 3>they should be able to stay in that top ninety. Yeah,

1:02:59.200 --> 1:03:01.920
<v Speaker 3>it's not perfect. The bigger issue that we haven't talked about,

1:03:02.120 --> 1:03:04.040
<v Speaker 3>and I'll just hit on quickly, but I think is

1:03:04.040 --> 1:03:05.800
<v Speaker 3>going to be a massive problem is that the top

1:03:05.840 --> 1:03:09.320
<v Speaker 3>guys cannot play in the lower in the in the

1:03:09.400 --> 1:03:12.000
<v Speaker 3>Challenger series, which is fine. I understand why the PGA

1:03:12.040 --> 1:03:16.000
<v Speaker 3>Tour is making that decision, but this the way that

1:03:16.040 --> 1:03:19.000
<v Speaker 3>this impacts Major championship preparation is going to be a

1:03:19.040 --> 1:03:22.760
<v Speaker 3>significant significant talking players, you know, how do you set

1:03:22.800 --> 1:03:25.720
<v Speaker 3>the schedule around majors that guys want? Do they play

1:03:25.720 --> 1:03:27.720
<v Speaker 3>the week before major? Do they not play the week

1:03:27.760 --> 1:03:30.760
<v Speaker 3>before the major? The punchline is they're losing a lot

1:03:30.800 --> 1:03:34.000
<v Speaker 3>of flexibility. Versus having thirty five events, you can play

1:03:34.000 --> 1:03:36.760
<v Speaker 3>any of them that you want. You can set your

1:03:36.760 --> 1:03:39.080
<v Speaker 3>schedule around majors however you want. That's not going to

1:03:39.080 --> 1:03:40.880
<v Speaker 3>exist in the current system, and I think that's going

1:03:40.920 --> 1:03:42.120
<v Speaker 3>to make a lot of guys upset.

1:03:43.200 --> 1:03:47.080
<v Speaker 2>Yeah, I mean, this is the whole thing with LIB

1:03:47.240 --> 1:03:49.360
<v Speaker 2>that's been like, where you have to play these events,

1:03:49.360 --> 1:03:52.600
<v Speaker 2>and you know, do you if you have these events

1:03:52.640 --> 1:03:55.120
<v Speaker 2>the week before and you don't like to play the

1:03:55.120 --> 1:03:58.160
<v Speaker 2>week before. I like, I imagine a lot more players are

1:03:58.160 --> 1:04:00.400
<v Speaker 2>going to take the rory approach to the Masters. Spend

1:04:00.440 --> 1:04:03.400
<v Speaker 2>as much time as you possibly can there before. You know,

1:04:03.440 --> 1:04:04.960
<v Speaker 2>if you have an event that you have to play

1:04:04.960 --> 1:04:06.960
<v Speaker 2>the week before, and I was saying they will, you

1:04:07.000 --> 1:04:10.680
<v Speaker 2>know you can't. You don't want to play it, Okay,

1:04:10.680 --> 1:04:14.240
<v Speaker 2>so I sit out. Transversely, you're a player like Phil

1:04:14.280 --> 1:04:19.320
<v Speaker 2>Mickelson famously like love playing the week before and and

1:04:19.560 --> 1:04:21.720
<v Speaker 2>started to play really well in majors when you played.

1:04:21.480 --> 1:04:22.120
<v Speaker 1>The week before.

1:04:23.160 --> 1:04:25.920
<v Speaker 2>Now, Alison, you can't play the event the week before,

1:04:26.120 --> 1:04:28.200
<v Speaker 2>or they start to schedule all these you know, like

1:04:28.240 --> 1:04:31.040
<v Speaker 2>you imagine the heritage I imagine going to be after

1:04:31.080 --> 1:04:34.000
<v Speaker 2>the Masters, Travelers is gonna be after the US Open.

1:04:34.200 --> 1:04:36.160
<v Speaker 2>You're a player that just doesn't want to play the

1:04:36.160 --> 1:04:38.880
<v Speaker 2>week after. Like there there's a whole box of rocks

1:04:38.880 --> 1:04:42.160
<v Speaker 2>here with the with the scheduling, and I think, like

1:04:42.200 --> 1:04:44.520
<v Speaker 2>what it's going to boil down to is like tough luck.

1:04:45.120 --> 1:04:45.320
<v Speaker 1>You know.

1:04:46.240 --> 1:04:50.600
<v Speaker 2>Major League Baseball players, NBA players, NFL players don't get

1:04:50.600 --> 1:04:52.280
<v Speaker 2>to choose the day of the week that they play.

1:04:52.360 --> 1:04:54.160
<v Speaker 2>You have to go out there and be game ready

1:04:54.400 --> 1:04:56.720
<v Speaker 2>whenever you play, and I think that's probably the right

1:04:57.200 --> 1:05:02.120
<v Speaker 2>circumstance here, you know, Before we get out of here,

1:05:02.280 --> 1:05:04.840
<v Speaker 2>the last thing I will I want to hit on

1:05:05.000 --> 1:05:08.920
<v Speaker 2>is one of your points about about small markets or

1:05:09.000 --> 1:05:11.960
<v Speaker 2>smaller markets. I don't you know, the tour doesn't really

1:05:11.960 --> 1:05:14.160
<v Speaker 2>go to any like super I guess they go to

1:05:14.200 --> 1:05:15.440
<v Speaker 2>some super small markets.

1:05:15.480 --> 1:05:19.400
<v Speaker 1>Hilton Heads a strong deer. But the idea of.

1:05:21.400 --> 1:05:23.880
<v Speaker 2>I think you're you're kind of right here when you

1:05:24.520 --> 1:05:27.280
<v Speaker 2>I think there's like a chicken or egg situation here.

1:05:27.520 --> 1:05:31.880
<v Speaker 2>You want the exposure that these big markets present. You

1:05:32.080 --> 1:05:33.160
<v Speaker 2>want to be in them.

1:05:33.320 --> 1:05:35.760
<v Speaker 1>It's good for the business, it's good.

1:05:35.920 --> 1:05:38.840
<v Speaker 2>You know, the sponsorship opportunities in in New York or

1:05:38.920 --> 1:05:44.240
<v Speaker 2>Chicago are greater than they are in you know, Jackson, Mississippi,

1:05:44.400 --> 1:05:49.760
<v Speaker 2>or hilton Head, South Carolina. There, but there is like

1:05:49.800 --> 1:05:52.560
<v Speaker 2>a just a general fan response, and we see it

1:05:52.600 --> 1:05:55.000
<v Speaker 2>with the travelers. Uh, you know, I've been using this

1:05:55.080 --> 1:05:56.720
<v Speaker 2>a lot, but that was last week. It's just a

1:05:56.720 --> 1:06:00.439
<v Speaker 2>good example. The PGA tour goes to Hartford and that's

1:06:00.480 --> 1:06:04.080
<v Speaker 2>the biggest show in town every year, and people show

1:06:04.160 --> 1:06:07.640
<v Speaker 2>out and show in in and there's huge local support,

1:06:07.840 --> 1:06:12.360
<v Speaker 2>there's huge community support, and it makes the event better,

1:06:13.120 --> 1:06:16.600
<v Speaker 2>and it's like the kind of grasp of the like

1:06:17.160 --> 1:06:21.160
<v Speaker 2>what is the right balance there? And and you know what,

1:06:21.800 --> 1:06:24.680
<v Speaker 2>and that is a big thing. I think, like one

1:06:24.720 --> 1:06:29.560
<v Speaker 2>thing I have to say, the lack of global participation

1:06:30.240 --> 1:06:33.840
<v Speaker 2>with events is also a big attraction here, and I

1:06:33.960 --> 1:06:37.800
<v Speaker 2>it's a this is the hardest thing, this is the

1:06:37.880 --> 1:06:40.840
<v Speaker 2>hardest thing to do, and I think there I think

1:06:40.840 --> 1:06:43.680
<v Speaker 2>their general plan is that in the fall they're going

1:06:43.760 --> 1:06:46.200
<v Speaker 2>to be going to these national opens and that's going

1:06:46.280 --> 1:06:48.600
<v Speaker 2>to be They're hoping that the big players will go

1:06:48.720 --> 1:06:54.280
<v Speaker 2>participate in that. But like, I think that, you know,

1:06:54.320 --> 1:06:56.960
<v Speaker 2>there there has to be a commitment to growing the

1:06:57.000 --> 1:07:01.400
<v Speaker 2>global audience in certain markets, and I just don't think

1:07:01.440 --> 1:07:05.520
<v Speaker 2>that this structure right now gets there. And I think

1:07:05.520 --> 1:07:09.440
<v Speaker 2>that that, you know, I don't know what the right

1:07:09.480 --> 1:07:12.840
<v Speaker 2>answer is, but the idea, like if I were like

1:07:12.880 --> 1:07:15.400
<v Speaker 2>if I were making a suggestion, I would say, like, Okay,

1:07:15.480 --> 1:07:19.520
<v Speaker 2>we're going to host twenty twenty five events, and obviously

1:07:19.560 --> 1:07:21.960
<v Speaker 2>some of them they don't host, the majors they don't host,

1:07:22.080 --> 1:07:26.640
<v Speaker 2>but like, how do we get a rotating event in

1:07:26.680 --> 1:07:30.360
<v Speaker 2>here that goes all over the world. That's a part

1:07:30.360 --> 1:07:34.200
<v Speaker 2>of this and maybe one year it's in India, one year,

1:07:34.240 --> 1:07:37.600
<v Speaker 2>it's in South Africa, one year it's in Australia, and

1:07:37.640 --> 1:07:40.400
<v Speaker 2>we kind of float this around the world. One year

1:07:40.440 --> 1:07:43.560
<v Speaker 2>it's in Ireland, one year it's in continell Europe, and

1:07:43.600 --> 1:07:47.400
<v Speaker 2>we float this thing around and that becomes part of

1:07:47.400 --> 1:07:50.880
<v Speaker 2>this and at least we're making a global effort at

1:07:50.920 --> 1:07:54.080
<v Speaker 2>a bare minimum, and the idea over time is to

1:07:54.120 --> 1:07:56.800
<v Speaker 2>scale it up, similar to the way that the NFL

1:07:56.880 --> 1:08:00.000
<v Speaker 2>has done their global expansions.

1:08:00.120 --> 1:08:02.880
<v Speaker 3>Like their mentality right now is well, instead of doing that,

1:08:02.960 --> 1:08:04.600
<v Speaker 3>we're just gonna get out of the way in the

1:08:04.640 --> 1:08:06.800
<v Speaker 3>fall and let some of those events thrive. And they've

1:08:06.800 --> 1:08:09.600
<v Speaker 3>made this investment in the Australian Open maybe they try

1:08:09.640 --> 1:08:11.720
<v Speaker 3>to build that up, but yeah, Andy, I mean, maybe

1:08:11.760 --> 1:08:13.640
<v Speaker 3>an opportunity to do that would be the Tour Championship,

1:08:13.640 --> 1:08:16.200
<v Speaker 3>and I don't think that's probably the vision, but it'd

1:08:16.240 --> 1:08:18.479
<v Speaker 3>be kind of cool if that event moved around. Like

1:08:18.520 --> 1:08:20.679
<v Speaker 3>the one thing I had pie in the sky idea

1:08:20.680 --> 1:08:22.320
<v Speaker 3>I had in my notes was that I think one

1:08:22.800 --> 1:08:25.160
<v Speaker 3>area golf could tap into a little better is having

1:08:25.200 --> 1:08:27.679
<v Speaker 3>events in the home countries of some of their stars.

1:08:28.040 --> 1:08:30.439
<v Speaker 3>That is a very difficult thing to achieve but like

1:08:30.520 --> 1:08:33.000
<v Speaker 3>if John Rahm is on the PGA Tour and he's

1:08:33.040 --> 1:08:36.360
<v Speaker 3>one of your best players, like having an event in

1:08:36.400 --> 1:08:39.040
<v Speaker 3>Spain or at a minimum building up the Spanish Open

1:08:39.160 --> 1:08:42.800
<v Speaker 3>some way. I think there's some untapped potential in getting

1:08:42.840 --> 1:08:44.839
<v Speaker 3>guys to the home countries of some of the stars,

1:08:44.880 --> 1:08:46.800
<v Speaker 3>But I don't know that the tour Championships the right

1:08:46.840 --> 1:08:47.320
<v Speaker 3>way to do that.

1:08:47.840 --> 1:08:50.960
<v Speaker 2>Yeah, I think that it would be be remiss not

1:08:51.080 --> 1:08:54.040
<v Speaker 2>to mention that. I think the lack of global participation

1:08:54.520 --> 1:08:57.400
<v Speaker 2>or in global inclusion, I think a lot of people

1:08:57.400 --> 1:09:00.880
<v Speaker 2>would be willing to participate. The lack of global inclusion

1:09:01.600 --> 1:09:04.200
<v Speaker 2>is kind of a red flag, and I you know,

1:09:04.400 --> 1:09:08.040
<v Speaker 2>I'm hopeful that they start to kind of address that

1:09:08.160 --> 1:09:10.519
<v Speaker 2>over time and maybe that that's the way is you

1:09:10.560 --> 1:09:13.120
<v Speaker 2>get people bought in on this is this is the way,

1:09:13.280 --> 1:09:16.160
<v Speaker 2>and you start to slowly integrate it to where you know,

1:09:16.320 --> 1:09:20.760
<v Speaker 2>maybe Jacksonville's just moving to London, you know, in the NFL.

1:09:22.400 --> 1:09:25.519
<v Speaker 3>We'll see. I don't know, they couldn't make Capellua work.

1:09:25.720 --> 1:09:28.200
<v Speaker 3>Capalua was too logistically difficult, so I don't know how

1:09:28.200 --> 1:09:30.479
<v Speaker 3>optimistic I am that they're going to make Australia work.

1:09:30.520 --> 1:09:31.200
<v Speaker 3>But we'll see.

1:09:32.439 --> 1:09:35.799
<v Speaker 2>All right, So those are kind of our our pros

1:09:35.840 --> 1:09:40.400
<v Speaker 2>and cons of this, I think overall, like I'm super

1:09:40.439 --> 1:09:43.240
<v Speaker 2>positive of the changes, You're super positive of the changes.

1:09:43.520 --> 1:09:47.280
<v Speaker 1>Any parting thoughts, this all.

1:09:47.080 --> 1:09:49.479
<v Speaker 3>Boils down to the success that to our championship, Like

1:09:49.520 --> 1:09:51.280
<v Speaker 3>it's already a step in the right direction, But the

1:09:51.360 --> 1:09:56.040
<v Speaker 3>keys all this working is picking cool venues, the format

1:09:56.080 --> 1:09:58.400
<v Speaker 3>being good. Like if that falls flat, then I think

1:09:58.400 --> 1:10:00.439
<v Speaker 3>a lot of this is sort of moot and it's

1:10:00.479 --> 1:10:03.320
<v Speaker 3>still probably a step in the right direction. But the

1:10:03.640 --> 1:10:06.160
<v Speaker 3>real unlocking all the value is building a bad ass

1:10:06.200 --> 1:10:09.320
<v Speaker 3>tour championship that has to be the crown jewel of

1:10:09.360 --> 1:10:12.720
<v Speaker 3>the tour, even more than the Players Championship. So I'll

1:10:12.760 --> 1:10:15.080
<v Speaker 3>reserve a lot of thoughts until we see what that

1:10:15.120 --> 1:10:18.800
<v Speaker 3>looks like. But that is the case, that's the Bowld

1:10:18.880 --> 1:10:20.800
<v Speaker 3>case for why this is all going to work out

1:10:20.840 --> 1:10:21.240
<v Speaker 3>really well.

1:10:21.479 --> 1:10:23.800
<v Speaker 2>Yeah, I think I think you're right because if that

1:10:24.040 --> 1:10:27.240
<v Speaker 2>the better, that is the better the trickle down effect

1:10:27.320 --> 1:10:31.759
<v Speaker 2>is into every single event because then every single event

1:10:31.840 --> 1:10:35.200
<v Speaker 2>carries more importance because of your ability to get to

1:10:35.320 --> 1:10:37.400
<v Speaker 2>that season finale event.

1:10:38.200 --> 1:10:39.559
<v Speaker 3>Absolutely, yeah, all.

1:10:39.600 --> 1:10:44.040
<v Speaker 2>Right, Joseph, as always, big thanks for coming on. Everybody

1:10:44.080 --> 1:10:46.400
<v Speaker 2>should go read you're writing in the Frida Egg Golf

1:10:46.479 --> 1:10:50.960
<v Speaker 2>newsleg newsletter on a weekly basis, and uh, you're going,

1:10:51.080 --> 1:10:53.160
<v Speaker 2>You're going abroad, You're about to board a plane. I

1:10:53.160 --> 1:10:55.439
<v Speaker 2>can't wait to get your thoughts on Royal Birkdale. You're

1:10:55.560 --> 1:10:57.960
<v Speaker 2>you're on a on a solo mission, a rare solo

1:10:58.040 --> 1:10:58.880
<v Speaker 2>Fried Egg mission.

1:10:58.920 --> 1:11:02.200
<v Speaker 3>Here your solo mission. I'm really excited. I think there's

1:11:02.240 --> 1:11:05.439
<v Speaker 3>a diversity opinions on Royal Birthday and I have a

1:11:05.439 --> 1:11:08.200
<v Speaker 3>pretty open mind about the golf course, so I'm excited

1:11:08.240 --> 1:11:10.360
<v Speaker 3>to see it for myself and inform some thoughts in

1:11:10.400 --> 1:11:13.559
<v Speaker 3>advance of the Open and Royallytham and st Anne so

1:11:14.080 --> 1:11:16.080
<v Speaker 3>for the Women's Open. So looking forward to it.

1:11:16.400 --> 1:11:19.320
<v Speaker 2>Looking forward to hearing how your trip goes. And thanks

1:11:19.320 --> 1:11:21.320
<v Speaker 2>as always for coming on. Safe travels.

1:11:21.920 --> 1:11:34.720
<v Speaker 1>Thanks Andy all Right, big.

1:11:34.680 --> 1:11:39.200
<v Speaker 2>Thanks to Joseph for joining before his travel yonder. A

1:11:39.280 --> 1:11:43.080
<v Speaker 2>big thanks to PJ. Clark for editing and producing today's show.

1:11:43.720 --> 1:11:55.000
<v Speaker 2>We'll be back next week with a new episode.