PGA Tour - SSG Investment

Hack It Out Golf

Hack it Out Golf - Mark Crossfield, Lou Stagner, Greg Chalmers

Education, Sports, Golf

4.8 • 709 Ratings

🗓️ 8 February 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Men's professional golf continues to rebuild itself on the fly. Recently, the PGA Tour announced a major partnership with SSG, bringing billions of dollars of investment into the Tour. Our Greg Chalmers was on the call with the PGA Tour commissioner, and in this episode, he talks with Mark Crossfield and Lou Stagner about the recent news and the future moves the PGA Tour might make. Where to find us: Mark Crossfield's weekly newsletter: https://www.crossfieldgolf.com/subscribe Mark Crossfield on Twitter: https://twitter.com/4golfonline Mark Crossfield on YouTube: https://www.youtube.com/user/4golfonline Lou Stagner's weekly newsletter: https://newsletter.loustagnergolf.com/subscribe Lou Stagner on Twitter: https://twitter.com/LouStagner Greg Chalmers on Twitter: https://twitter.com/GregChalmersPGA The Hack It Out Golf Podcast on Twitter: https://twitter.com/HackItOutGolf Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.9	Welcome back to the Hackett Out Golf Podcast. We've got an announcement. There's an announcement.
0:33.6	The PJ Tour are moving announcing Greg or, who wants to take the lead here?
0:39.3	What's being announced? Greg, do you know?
0:41.8	Yeah, so we actually got off the phone.
0:43.8	We had a chat with Jay this morning.
0:45.8	I love to hear his voice.
0:47.0	We don't talk often enough.
0:48.9	So that was fun.
0:50.4	And basically, the PJ Tour is launching PGA Tour Enterprises,
0:54.7	a new program that transforms players into equity holders.
0:58.5	Oh, yeah.
1:00.5	PGA Tour players will have the opportunity to receive,
1:02.7	and I'm reading from the email they sent us here, guys,
1:04.8	have the opportunity to receive over $1.5 billion in immediate and future equity,
1:09.9	new enterprises funded through investment partnership
1:12.4	with Strategic Sports Group, which is a group predominantly out of the northeast Boston area
1:18.5	who invest in sport all around the world.
	...

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