It also signaled that the dispute between the PGA Tour, its European tour and LIV Golf, which attracted some major golfers to join its lineup, will be coming to an end - including associated legal action.
"Shark Tank" star Kevin O’Leary predicted the PGA Tour and LIV Golf merger will be"disruptive" across the sports industry and bring forth new market competition, on"Varney & Co." Thursday, June 8, 2023."They want golf to be a global platform. This is a sport that could be relevant all around the world, and the best way to do it is to put these two behemoths together," the "Shark Tank" investor said.
Attorneys for the LIV Golf circuit admitted that"virtually zero" revenue was produced in 2022 in a motion filed with the U.S. District Court for Northern California in February.over the last three years, O’Leary argued, and is executing that growth with the golf merger. "Every partnership in every sector has its ups and downs. But it's clear to me now that the PGA and every golfer, even the critics, are better off," he pointed out. "Better purses, more diversified locations, more team excitement and a brand new multi-billion audience for golf."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCNews - 🏆 10. / 86 Read more »
Source: sdut - 🏆 5. / 95 Read more »
Source: nypost - 🏆 91. / 67 Read more »
Source: WSJ - 🏆 98. / 63 Read more »