LIV Golf has taken some of the most talented players from the PGA Tour as well as from its other competitors. And believe it or not, the biggest motivator for the transitions of golfers has been the huge money that the league offered. Not to mention, Bryson DeChambeau clearly called his move to LIV Golf a ‘business decision’ to support his family’s future.
However, despite the limitless money that the league has to offer, a recent update has come as a shock to the golf world. And it has everything to do with Phil Mickelson and DeChambeau making a special appeal to a famous businessman involving LIV Golf!
Businessman reveals an unheard conversation with Phil Mickelson and Bryson DeChambeau
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LIV Golf has certainly taken the game up several notches for tons of players with its hefty paychecks. Along with modern on-course concepts and shorter schedules, the Saudi circuit has always attracted golfers for its huge purses. However, despite having no lack of riches, the tour has been finding opportunities to make more money through the venture.
A recent conversation with a well-known businessman revealed how LIV Golf allegedly got Phil Mickelson to make a hard-to-refuse offer to the man. Endeavor CEO and American tycoon Ari Emanuel recently appeared in an episode of the “Freakonomics” podcast, where he made the big revelation. According to his statements, he made a huge investment in Greg Norman’s league after being reached by the golf legend himself.
“They made the Saudis and LIV and Greg, you know, we got a call,” he claimed. “We got a call like from DeChambeau and Phil, ‘Hey, do you want to finance this?’ Wait, finances with the Saudis? Instead of I said to Egon, ‘Yeah,’ I said we would put up meaning and Deborah put up a billion dollars.” Yes, you read that right. A billion dollars!
Not to forget, the entrepreneur currently has a net worth of $450 million. And his mega-company, ‘Endeavor’, has a total market cap of $15.84 billion. Clearly, investing 1 billion dollars into such an exciting venture as LIV Golf wouldn’t be a big deal for Emanuel.
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What happened to LIV’s potential billion-dollar deal with Ari Emanuel?
As per the executive, his partner, Egon, “called somebody at the PGA”, which LIV Golf certainly didn’t appreciate. Emanuel also mentioned that he shares a great relationship with Jay Monahan, commissioner of the PGA Tour. And keeping in mind the rivalry between LIV Golf and the American Tour, the businessman made a rather wise decision. “I don’t want to hurt Jay,” he said. “I’m always looking for the next sport. The next thing we can do. So we pulled out,”.
Do you think Emanuel made the right decision by stepping out as an investor from LIV Golf? Or should he have stuck to the breakaway league because of his friendship with Jay Monahan? Let us know in the comments section!
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