Despite Tiger Woods’ Dire Attempt to Build a New Empire, LIV Golf Brushes Off the Claims With $500 Million Final Laugh

With the release of its 24-player roster, TGL has announced its arrival strongly to the golf world. Following a team play pattern like LIV golf, the league will feature prominent PGA Tour players. Owing to its similarity to the Saudi-backed league, TGL is facing comparisons.

Whether the TGL’s stakeholders are happy about this comparison is not clear to us yet. However, the comparison has clearly irked the LIV golf side. A trail of discussion about teams being sold resulted in a dismissal of this comparison from the LIV end.

LIV Golf laughs off the comparison with TGL

The conversation started off with a golf analyst quoting Bubba Watson about offers for the RangeGoats GC of LIV golf. Watson had spoken about getting several offers for the sale of his team. Another analyst responded to this and drew a comparison with the Tiger Woods and Rory McIlroy-led TGL.

The tweet outright claimed that the saleability of LIV golf teams is being overstated. “LIV keeps talking about tons of interest in buying teams. Two seasons in and none of the teams have been sold.” Then it mentioned that TGL teams have already found investors. It even listed names like Stephen Curry and Serena Williams, who have invested in TGL teams. 

A Twitter handle named ‘LIV Golf Nation’, which is a verified fan page for the league, responded to this comparison. The response stated that this isn’t a serious comparison. “LIV Franchises are worth $500 million+ and TGL franchises are going for fractions of that.” 

The comments on the response were mostly contradicting the statement and valuation mentioned in it. While some comments merely trolled the statement, a few refused to acknowledge the valuation. The argument was that until we sell a product, its value is contestable. 

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Now, let’s look at who owns what in the TGL, from the list of investors mentioned in the tweet.

TGL teams and their investors

The TGL has announced five teams so far, and they represent five different regions of the United States. The teams currently announced are from the following regions: Los Angeles, Boston, San Francisco, Atlanta, and New York. 

Entrepreneur Alexis Ohanian, and tennis legends Serena and Venus Williams are the founding investors of the LAGC. The Boston team has received investment from the Fenway Sports Group, which owns the Boston Red Sox among other sports teams. 

The San Francisco TGL team has found investment through an initiative led by Marc Lasry, from the Avenue Capital Group, with the involvement of NBA stars Stephen Curry, Klay Thompson, and Andre Iguodala.

Arthur Blank, who owns the Atlanta Falcons team, has invested in the Atlanta Drive GC. Steven Cohen, who owns the New York Mets, has invested in the New York team. 

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