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via Reuters

via Reuters

Tiger Woods is a golf icon, with many professional golfers looking up to him. His knowledge and relationship with the sport is unparalleled. However, he has been missing in action since he withdrew from the 2023 Masters midway to cater to his injury. But that does not mean that Woods will stop making headlines.

His tech-focused golf league, TGL Golf, is making the buzz and will commence in January 2024. A brainchild of him and Rory McIlroy, it was initially planned as an innovative venture to stand against the LIV Golf Series. As per the latest news, the golfing community is taken aback by the new giant shaking hands with Woods over TGL.

Tiger Woods partners with $17.5 Billion New York Mets owner

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With the inaugural season commencing soon, franchise ownerships for teams in the TGL series are up for grabs.  Tennis star Serena Williams, in collaboration with her husband, Alexis Ohanian, bought one of the TGL teams. Billionaire Arthur Blank is another giant associated with the tech-based league. Now, in his first major golf investment, another goliath has decided to buy a TGL team.

New York Mets owner Steve Cohen will buy the fourth team in the Woods-McIlroy-backed golf league. The team will be based in New York, further joining franchises in Los Angeles, Boston, and Atlanta. They are yet to finalize a name for the team.

NUCLR Golf announced the news on Twitter and took the golf world by storm over the $17.5 Billion net worth baseball league owner.

Steve Cohen is a well-known American investor and hedge fund manager. He is the founder and CEO of Point72 Asset Management as well as the MLB team New York Nets. He invested $2.4 billion in 2020 for his interest in the Mets baseball team, which was the highest sale price for an MLB team.

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TGL has chosen wealthy owners for its teams. Not only does the sportsman side of Tiger Woods come out strong, but his business mindset is also very sharp. If fit, Woods himself might be seen in competitive golf in 2024. Are you awaiting his return?

What might have attracted these investors to TGL?

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Tiger Woods can be seen on the course once in a while playing leisure golf. The community missed him so much that they hunted down a video of him and his son, Charlie Woods from the past. But the constant updates about TGL keep Woods in the headlines and the golf world on edge.

Many wealthy investors are drawn to the idea of the high-tech golf league. Why? Because the concept is a solution to the otherwise slow play and unfavorable weather conditions on the golf course. Groups of 3 will play against each other on Monday nights as part of TGL. However, the game will happen on life-size simulators.

Many PGA tour pros are expected to be a part of the league. The bridging of the gap between virtual play and field games is an innovative and intriguing concept. Whether or not it is accepted by the golf world remains to be seen.

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What do you think? Will the tech-infused golf league gather the attention of the younger generation? Let us know in the comments below.

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