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(ESPN)   Bonesaw Tour generates "virtually zero" revenue, but stays afloat thanks to that sweet, sweet bonesaw money   (espn.com) divider line
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    More: Obvious, Golf, Lawsuit, Asian Tour, PGA Tour, The Open Championship, The CW, Golf course, LIV Golf League  
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355 clicks; posted to Sports » on 07 Feb 2023 at 5:00 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



20 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
downstairs [TotalFark] [OhFark]
2023-02-07 3:34:44 PM  
Zero revenue.  Not profit, revenue.

There are many start-up entities (and this isn't just a tech space phenomenon) that generate no profit for awhile.  But zero revenue is... fishy.

So yeah, sportswashing.
 
Somaticasual [TotalFark]
2023-02-07 4:23:21 PM  
Still, the extra limbs and coerced intelligence....
 
Glockenspiel Hero [OhFark]
2023-02-07 5:13:19 PM  
How sad is it that we have to root for the PGA here?
 
EyeballKid
2023-02-07 5:16:19 PM  
Sure, but just wait 'til those golfers face the newest acquisition by the House of Saud...ROMAN REIGNS!!!
 
ISO15693
2023-02-07 5:41:32 PM  
I think you can scrap a bonesaw at any Fallout workbench for steel(2) and rubber(2)
 
runwiz [TotalFark] [OhFark]
2023-02-07 5:41:35 PM  
It is backed by the Saudis so losing money right now is not the issue because it is not about making money. It's all about public relations and trying to put a positive spin on the Saudis.  Eventually, if the Saudis see they are not getting any benefit from it they will pull the plug.
 
Be polite walk on the right
2023-02-07 5:44:52 PM  
66.media.tumblr.comView Full Size
 
jake3988 [OhFark]
2023-02-07 6:02:36 PM  
Well, the biggest source of revenue for a sports league is a tv deal.  They did not have one.

They have one for this season.  That will increase revenue significantly, even if the deal is likely for very little money (they don't know how well it'll do, so I'm sure they're lowballing it significantly.  Which I'm sure the tour is fine with.  Get it out to more eyeballs and if they can generate a fanbase... THEN you parlay that into a bigger deal and actually make money)

USFL and XFL I'm sure are in very similar boats with very cheap tv deals... although they deal with it by paying their players in change they found in their couch cushions.

I'll be curious to check out what their production is like.  They even poached a couple PGA guys like Faherty.  (The guy is a conservative wack-a-doo, but I've always enjoyed his golf commentary)
 
pdieten
2023-02-07 6:46:14 PM  

jake3988: They have one for this season.  That will increase revenue significantly, even if the deal is likely for very little money (they don't know how well it'll do, so I'm sure they're lowballing it significantly.  Which I'm sure the tour is fine with.  Get it out to more eyeballs and if they can generate a fanbase... THEN you parlay that into a bigger deal and actually make money)


FTA: The financial terms of the deal weren't disclosed. Sources told ESPN that it is a revenue-sharing arrangement and that LIV Golf won't receive rights fees from the CW network and would continue to pay production costs, as it did during its inaugural season in 2022.

2023 LIV revenue: $2.68
 
Gonz
2023-02-07 7:00:14 PM  

Glockenspiel Hero: How sad is it that we have to root for the PGA here?


Between them, the PGA, USGA, Royal and Ancient, and Augusta National have committed all the sins.

Compared to the Saudis, they're still the good guys.
 
djfitz
2023-02-07 7:05:14 PM  
Augusta National Honors Tiger Woods With Own Drinking Fountain
 
Uzzah
2023-02-07 7:13:47 PM  

pdieten: jake3988: They have one for this season.  That will increase revenue significantly, even if the deal is likely for very little money (they don't know how well it'll do, so I'm sure they're lowballing it significantly.  Which I'm sure the tour is fine with.  Get it out to more eyeballs and if they can generate a fanbase... THEN you parlay that into a bigger deal and actually make money)

FTA: The financial terms of the deal weren't disclosed. Sources told ESPN that it is a revenue-sharing arrangement and that LIV Golf won't receive rights fees from the CW network and would continue to pay production costs, as it did during its inaugural season in 2022.


Yep.  That's a "LIV can have 50% of the advertising revenue we sell on the broadcasts."  Which will be commercials for Copperfit and herbal testosterone pills and Blu-Blocker sunglasses and lots and lots of public service messages.  I'm pretty sure that Lexus and IBM and other big pockets will sit this one out.
 
Olympic Trolling Judge
2023-02-07 7:37:35 PM  

pdieten: jake3988: They have one for this season.  That will increase revenue significantly, even if the deal is likely for very little money (they don't know how well it'll do, so I'm sure they're lowballing it significantly.  Which I'm sure the tour is fine with.  Get it out to more eyeballs and if they can generate a fanbase... THEN you parlay that into a bigger deal and actually make money)

FTA: The financial terms of the deal weren't disclosed. Sources told ESPN that it is a revenue-sharing arrangement and that LIV Golf won't receive rights fees from the CW network and would continue to pay production costs, as it did during its inaugural season in 2022.

2023 LIV revenue: $2.68


The CW?  Like, that CW?  What the fark demographic are they trying to reach here?
 
Be polite walk on the right
2023-02-07 8:05:14 PM  

downstairs: Zero revenue.  Not profit, revenue.

There are many start-up entities (and this isn't just a tech space phenomenon) that generate no profit for awhile.  But zero revenue is... fishy.

So yeah, sportswashing.


spaceballs bedsheets
 
fatalvenom
2023-02-07 11:18:38 PM  

Olympic Trolling Judge: The CW?  Like, that CW?  What the fark demographic are they trying to reach here?


Judge Judy is a huge Dustin Johnson fan.
 
kkinnison [OhFark]
2023-02-08 12:04:03 AM  
HA HA

not suppose to generate revenue.  it is sportswashing at its finest
 
johnny_vegas [TotalFark]
2023-02-08 12:06:01 AM  
Where's the Bonesaw apologist and Saudi knob gobbler that inhabits these threads sometimes?
 
MSkow
2023-02-08 12:34:10 AM  

Olympic Trolling Judge: pdieten: jake3988:

The CW?  Like, that CW?  What the fark demographic are they trying to reach here?


They're trying to justify it by saying the channel skews younger than the 65+ crowd that typically watches golf.

The truth is everyone else said no.

Just like the ridiculous claim their team format will produce individual franchises worth 10 figures each, it's a desperate attempt to appear legitimate.
 
Permanent Solutions For Permanent Problems
2023-02-08 7:32:51 AM  
Nevertheless, Bonesaw is ready!
 
IAmRight [TotalFark]
2023-02-08 7:43:34 AM  

runwiz: It is backed by the Saudis so losing money right now is not the issue because it is not about making money. It's all about public relations and trying to put a positive spin on the Saudis.  Eventually, if the Saudis see they are not getting any benefit from it they will pull the plug.


That's not fair, it's ALSO about trying to make Western institutions look bad.
 
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