LIV Golf is cratering. Why?
My take. The PGA was trying to run a monopoly, telling players they're not free to play events in a competing league. That's bordering on an anti-trust violation.
To deride players for working for the Saudis is a joke. We've been buying all from them for years. They are an ally of the US. Grow a pair and stop whining. The world's a rough place we're friends with lots of unsavory characters, myself included.
Until recently, PGA players had little access to the numbers (what share of revenue did they garner). It turns out that LIV Golf has forced them to open the books. Generally speaking however, the players cut of total revenues appears close to 50% which tracks with the NBA, NFL and MLB.
At the end of the day, LIV is cratering and if the PGA refuses to take LIV golfers back, the Justice Dept should sue their sorry ars. BAM.
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