Gordian Group President Peter Kaufman Letter to Editor in Global Golf Post, “Saudis Still Hold Upper Hand with PGA Tour”
Gordian Group President and Golf Journalist Peter S. Kaufman was published in the Global Golf Post regarding his thoughts on the Saudi/LIV/PGA situation.
The rise of Saudi-backed LIV Golf to compete with the PGA Tour has been dizzying in its speed and effectiveness. But in a key facet, the showdown is an outlier among competing sports leagues over the years: football’s AFLvs. NFL, basketball’s ABA vs. NBA and hockey’s WHA vs. NHL, for example.
“The established PGA Tour is, by comparison, “financially distressed” despite having reported $1.9 billion in revenue in its 2022 tax filing, up from $1.6 billion a year earlier…”
Continue reading the full letter here.
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