Golfing News & Blog Articles

It’s a little more complicated than George Crump and friends building a course in the pine barrens and you are more than free to admit this makes no sense, but Josh Sens has the lowdown on golf’s first significant decentralized autonomous organization.

LinksDAO sold more than 9,000 NFTs in and initial offering for $11 million in Ethereum. The “grand experiment” is the vision of Mike Dudas, a Stanford start-up entrepreneur hoping to buy a course and create a community of members. Initial buyers of the NFT’s merely bought the right to buy into the next purchase.

Sens writes for Golf.com:

Nor will the money raised by the NFT sales be put toward buying a course. It will be used instead to fund other DAO operations, including course scouting, acquisition planning, marketing, legal compliance, community development and more.

Dudas concedes that there is a still a way to go.

After intense, last-minute negotiations, the Public Investment Fund of Saudi Arabia has been named title sponsor of the Saudi International. Terms of the deal were not announced.

More alarming for the PGA Tour and European Tour should be the continued addition of players to February’s field. Besides now having commitments from five of the world top 10, they’ve added Tony Finau, Patrick Reed, Matthew Wolff, Cameron Smith, Marc Leishman and Lucas Herbert. The allure of the Asian Tour!

The gold rush and late adds seem to be fueled by the PGA Tour’s “stand” against the existential threat, which included creating the widely-mocked PIP and granting of releases with meager consequences for players passing on the AT&T Pebble Beach Pro-Am. It’s a far cry from last summer when players were supposedly going to face membership expulsion for jumping ship. But the Saudis went out and got themselves some Asian Tour co-sanctioning and the snowball is picking up speed.

As Rex Hoggard notes here in the best possible light, the Tour was “slow” to grand competing event releases. If that’s the best they’ve got in their arsenal, it’s going to be a long year at the Global Home.

The PIF has assembled an impressive field at this point and sets up the potential for some fascinating names finding their way into the AT&T Pebble Beach field. As in, half the Champions Tour, all Korn Ferry grads, and definitely some Beljan’s and Uresti’s. Shoot, at this pace they may be the headliners!

GolfMagic.com’s Andy Roberts listened to John Daly on the Full Send podcast so we don’t have to and shared a key exchange. The topic was Tiger’s jab at John Daly for taking a cart and a purported apology from Woods at the recent PNC Championship dinner.

Sitting behind a beer, ashtray for his diabetes-assisting cigarettes and a plate of fried chicken, Daly offered this regarding Tiger:

"Yeah, but he didn’t know the facts because the media, ‘the media’ (sarcastic gesture) didn’t tell him I had diabetes and I had a bad two knees and my hips out and all this stuff," Daly said on the podcast. 

"He apologized to me at dinner the other night. I mean, he’s fine. I love Tiger."

You know John is right. No one could look at him sitting there smoking, drinking and looking like a man just a few years under 100 and know he’s unwell.

Despite £3.3m in emergency support from the UK government during 2020’s pandemic, Trump properties at Turnberry and Balmedie show the businesses lost £4.7 million. Severin Carrell reports for The Guardian.

The resorts reported heavy losses due to their enforced closure during the lockdowns: the headline loss for Turnberry was £3.4m, after a £321,000 profit in 2019, and £1.3m at Balmedie, compared to a loss of £1.1m in 2019.

The story notes that this is the ninth consecutive year that Trump International near Aberdeen has reported a loss.

Also from the filing: the Trump’s blamed also Brexit for impacting the family business, notes The Daily Beast’s Justin Rorhlich.

Three months before he won the 2016 U.S. presidential election, Donald Trump gave himself a new nickname: Mr. Brexit. After the nation voted to break away from the rest of Europe, Trump appeared at Turnberry, his golf course in Scotland, and commended the Brits who “took back their country.” He later said Brexit was “a great advantage for [the] UK.” But, in true Trumpian fashion, Brexit wasn’t great for Trump personally. According to a financial disclosure filed with Scottish authorities and signed by Eric Trump, Brexit “impacted our business as supply chains have been impacted by availability of drivers and staff, reducing deliveries and availability of certain product lines.”

Golf Australia’s Jimmy Emmanuel reports on the first-ever Sandbelt Invitational hosted by Geoff Ogilvy and Mike Clayton, won by 31-year-old Brady Watt the former World No. 1 amateur and Perth native. The four-sandbelt course featured, men, women and amateurs. Grace Kim won the low woman pro title.

Emmanuel writes:

All four will leave the event and the spectacular Peninsula Kingswood extremely happy. But so will Clayton, Ogilvy and co. who have created something extremely special that has proven big names and big tents aren’t the recipe for tournament success. Quality courses and a unique learning opportunity for young players a winning combination that might draw the other sooner rather than later.

And in a follow up column, Emmanuel raved:

The four layouts that welcomed the likes of Herbert, Ogilvy, Peter Fowler, Su Oh, Grace Kim and others were the stars of the show. All four are ranked in the top-20 courses in the country and setup as if the Australian Open was finishing on the grounds the day they welcomed the field of a little over 60.

They weren’t bluffing down there at the Global Home regarding February’s Saudi International and preventing as many as thirty top players from playing the same week as the AT&T Pebble Beach Pro-Am.

Nobody messes with Jay Monahan! He is the Sheriff of all…wait, what?

The potential defectors get to abandon one of the biggest events on the PGA Tour calendar and their punishment will to play Pebble Beach-Spyglass-MPCC over the next two years? All while collecting huge appearance fees and possibly laying the groundwork for fundamentally disrupting the PGA Tour’s business?

Tony Soprano, he is not. Guess Jay’s in the holiday spirit?

Back in July Golfweek’s Eamon Lynch reported that players would be denied releases to play the event believed to be a precursor to a Saudi Golf League. But now Lynch is first to report the releases will be granted for the February 3rd-6th event but with “strings attached.” Some really, really thin strings.