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PGA Tour Officials Testify Before Senate

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No Merger Deal is Done, According to PGA Tour Officials

WASH DC – (Staff and Wire Service Report) – PGA Tour officials painted a bleak outlook during a contentious Senate hearing Tuesday, sharing they felt no other choice was left but to merge with Saudi-backed LIV Golf in order for the tour to survive.

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“The PGA Tour is not that big in terms of players,” PGA Tour board member Jimmy Dunne said during sworn testimony Tuesday before the U.S. Senate Permanent Subcommittee on Investigations in Washington, D.C. “If (LIV) takes five players a year, in five years they can gut us. They’ve got a management team that wants to destroy the Tour. And even though (LIV) could take five or six players a year, they have an unlimited horizon and an unlimited amount of money.

“So it isn’t like the (LIV) product is better. It’s just that there’s a lot more money that will make people move.”

Several Senators cited accusations of Saudi Arabia’s human rights abuses as reason to question the May 30 framework agreement between the PGA Tour and LIV Golf.

“Today’s hearing is about much more than the game of golf,” Senator Richard Blumenthal said. “It’s about how a brutal, repressive regime can buy influence, and indeed even take over a cherished American institution to cleanse its public image.”

Dunne and Ron Price, the chief operating officer of the PGA Tour, testified on behalf of the tour with CEO Jay Monahan on medical leave. They said the framework of the planned merger is the best opportunity to allow the PGA Tour to continue to have some degree of control over the sport despite the Public Investment Fund (PIF) of Saudi Arabia’s involvement.

When pressed on the details of the financial involvement of the Saudis, Price said, “There’s been discussions. It would be a significant amount. North of $1 billion.”

Along with other Senators, Blumenthal offered harsh criticism of the financial aspects of the decision to merge.

“There is something that stinks about this path that you’re on right now,” Blumenthal said, “because it is a surrender, and it is all about the money and that’s the reason for the backlash that you see.”

Blumenthal asked Price what his options are if the PGA Tour doesn’t execute the merger with LIV Golf.

“We would still be facing a real threat that LIV Golf would continue to recruit our top players,” Price said.

Blumenthal responded, “These players that stood by you are heroes.”

Dunne testified that he shares some of the concerns Blumenthal raised in the hearing.

“I really understand Sen. Blumenthal’s concern about having them take over,” Dunne said. “…I’m concerned with what the senator is worried about. But I’m concerned if we do nothing, we’re going to end up there, they’re going to end up owning golf. They can do it.”

The proposed merger could face blockage from the Justice Department, which has been investigating the PGA Tour for its attempt to keep its players from leaving for LIV, as well as a review by the Committee on Foreign Investment in the United States, a Treasury-led committee that assesses mergers for national security purposes.

Price and Dunne stressed during Tuesday’s hearing that final details of the merger are undetermined.

NBA: Silver Opines on Wealth Funds

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LAS VEGAS – (Staff and Wire Service Report) – With sovereign wealth funds starting to shovel money into sports teams and leagues across the country, NBA commissioner Adam Silver said Monday that he does not see any state-owned investment groups becoming the controlling owner of an NBA franchise anytime soon.

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Per the NBA’s investment rules, the controlling owner of an NBA franchise must own at least 15 percent of the franchise.

If a sovereign wealth fund wants to get involved, it must have a passive investment in the organization that is worth no more than five percent. A prime example of this is the Qatar sovereign wealth fund, which last month agreed to purchase a five-percent stake in Monumental Sports and Entertainment, the controlling owner of the Washington Wizards, the WNBA’s Washington Mystics and the NHL’s Washington Capitals.

Silver wants to make sure that individuals are the ones that are primarily governing teams, though.

“I don’t want to say what could ever happen, but there’s no contemplation right now,” Silver said in Las Vegas. “I mean, it’s very important to us, putting aside sovereign wealth funds that individuals are in a position to control our teams, be responsible to the fans, be responsible to their partners and to the players.

“It’s very important to us that there be a person (in charge), and this is independent of sovereign wealth funds. I think that in terms of the connection with the community, the connection with the players and their other partners in the league.”

One of the most notable sovereign wealth funds as it relates to the sports is Saudi Arabia’s Public Investment Fund, which funds LIV Golf. The PGA Tour created shockwaves across the golf world last month when it announced it planned to enter a merger with LIV.

–Field Level Media

Vlad Jr. Joins Dad as HR Derby Champ

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SEATTLE – (Staff and Wire Service Report) – Vladimir Guerrero Jr. eliminated record-setting hometown favorite Julio Rodriguez in the semifinals and then made history of his own Monday night.

The Toronto Blue Jays slugger beat Tampa Bay’s Randy Arozarena 25-23 in the finals to win the 2023 Home Run Derby at T-Mobile Park, completing the first father-son duo to claim Derby titles. Vladimir Sr. won the Derby in 2007 as a member of the Angels.

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“I feel very happy,” Guerrero Jr. said via an interpreter on the field after Arozarena fell two homers short of matching him. “I’m just happy to be in this moment right now.”

Guerrero Jr. nearly accomplished the feat in his first appearance in 2019, losing to Pete Alonso in the finals. Four years later he proved he had learned from that experience, using his timeouts wisely en route to winning all three of his matchups.

After cruising past the Los Angeles Dodgers’ Mookie Betts in the first round and hitting a walk-off homer in bonus time against Rodriguez, it was Guerrero who had to sweat out the final seconds in the finals. The 24-year-old went first as the No. 6 seed and set the mark for Arozarena to beat with 25 home runs.
Arozarena smashed 20 in two minutes and earned 30 seconds of bonus time. However, the 28-year-old was clearly fatigued and with 15 seconds to go it became clear Arozarena would run out of time. Guerrero insisted he wasn’t worried.

“I felt pretty good,” Guerrero said of watching bonus time. “I felt like the pressure was on him.”

Trying to become only the fourth player to win the Derby in his own ballpark, Rodriguez put on a show before running out of gas for the second consecutive year. After clubbing a single-round record 41 homers in the first round, the seventh seed managed only 20 in the semifinals — the third fewest hit in any round of the night.

Guerrero Jr. matched that total during regulation, then walked off the win with his 21st homer with 43 seconds remaining in his bonus time.

“It feels like your mind is there, but your body is not. That’s the best way to explain it,” Rodriguez said of being tired in the second round.

Meanwhile, saving time proved beneficial for Guerrero, who faced a quick turnaround to the finals.

After opening the event with 24 homers, good for only fourth most in the first round, Arozarena put on a display by smashing 35 in the semifinals. He easily dispatched top-seeded Luis Robert Jr., with the Chicago White Sox star fading after a decent start to finish with 22 long balls.

Arozarena kicked off the event by eliminating Texas’ fourth seed Adolis Garcia, but the competition picked up in earnest when Adley Rutschman stepped to the plate.

Baltimore’s second-year star catcher smashed 21 home runs from the left side in regulation. The only non-right-handed hitter in the contest, Rutschman brought cheers from the crowd when he switched to the right side for his 60 seconds of bonus time. The former Oregon State star then clubbed six more for a total of 27.

“It was kind of on the fly, we were debating about whether to do it,” the eighth seed said.

However, the mark didn’t last long, with Robert equaling it during regulation and walking off after hitting his 28th homer during his bonus time.

Next up, Guerrero Jr. easily eliminated the third-seeded Betts, with the Los Angeles Dodgers’ star managing only 11 homers to the Toronto slugger’s 26.

The momentary lull from Betts’ session was quickly followed by fireworks.

Rodriguez blasted 32 home runs in regulation — four more than anyone else in the first round managed including bonus time. Needing eight in 60 seconds to set the single-round Derby record, Rodriguez smashed nine more for a total of 41, bringing a roar with each one from the sellout crowd of 46,952.

“I wanted to live in the moment. Kind of be able to give a show to the Mariners fans and just kind of give it my all,” he said. “It was electric. Just like the fact that we’re out here and the whole crowd was into it and they were supporting me, all that. I feel like it meant the world for me, I really enjoyed it and I hope they enjoyed it, too.”

That performance didn’t guarantee a spot in the next round with two-time Derby champion Alonso the final batter of the first round. Attempting to join Seattle legend Ken Griffey Jr. as the only three-time champions, Alonso started strong before fading and finishing with 21 homers — falling to Rodriguez for the second consecutive year.

Despite failing to get out of the first round, Alonso did add to his all-time Derby home run lead — the Mets’ slugger now has 195 in four career appearances. Rodriguez has 142 in five combined rounds through his first two appearances.

Guerrero Jr., who does not have a single home run in 10 career games at T-Mobile Park, hit a combined 72 Monday night to up his career total to 163.

2023 HOME RUN DERBY RESULTS
FIRST ROUND
#5 Randy Arozarena (24)
#4 Adolis Garcia (17)

#8 Adley Rutschman (27)
#1 Luis Robert Jr. (28)

#6 Vladimir Guerrero Jr. (26)
#3 Mookie Betts (11)

#7 Julio Rodriguez (41)
#2 Pete Alonso (21)

SEMIFINALS
#5 Randy Arozarena (35)
#1 Luis Robert Jr. (22)

#6 Vladimir Guerrero Jr. (21)
#7 Julio Rodriguez (20)

FINALS
#5 Randy Arozarena (23)
#6 Vladimir Guerrero Jr. (25)

LSU Players Top MLB Draft

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SEATTLE – (Staff Reports from Official News Release) – Less than two weeks after helping LSU win the College World Series, right-hander Paul Skenes and outfielder Dylan Crews were not done making history.

Skenes was selected by the Pittsburgh Pirates with the No. 1 overall pick and the Washington Nationals followed by taking Crews at No. 2 at the 2023 MLB Draft in Seattle on Sunday night. It marked the first time in MLB draft history that a pair of teammates were taken with the top two picks.

Skenes is the sixth No. 1 draft selection in Pirates franchise history, joining third baseman Jeff King (1986), catcher Henry Davis (2021) and right-handers Kris Benson (1996), Bryan Bullington (2002) and Gerrit Cole (2011).

“It’s cool,” Skenes told ESPN, referring to his feelings about being the top pick. “But I think the biggest part is that my college career is over now (and) I get to keep playing baseball and hopefully do it for a long time.

“So I’m just super grateful for that.”

After spending the first two seasons of his collegiate career at Air Force, Skenes shined during his time with the Tigers, going 12-2 with a 1.69 ERA in 19 starts in 2023. He was named National Player of the Year and National Pitcher of the Year before helping LSU prevail at the College World Series in Omaha, Neb., where he earned CWS Most Outstanding Player honors.

In addition to his time with the Tigers and Falcons, Skenes also played for the Wareham Gatemen of the Cape Cod Baseball League in the summer of 2021.

Crews hit .380 with 58 homers and 184 RBIs across three seasons with the Tigers. He put up video-game numbers in 2023, recording the third-best batting average in the nation (.426) while ripping 18 home runs and racking up 70 RBIs.

In addition to being named Southeastern Conference Player of the Year this past season, Crews won the Golden Spikes Award as the top amateur baseball player in the country.

Red Sox Draft Teel, Zanetello

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BOSTON – (Staff Report from Official News Release) – The Boston Red Sox selected catcher Kyle Teel out of the University of Virginia with their first-round pick (14th overall) in the 2023 MLB First-Year Player Draft. The club also selected shortstop Nazzan Zanetello out of Christian Brothers College High School (MO) in the second round (50th overall). Red Sox Director of Amateur Scouting Devin Pearson made the announcement.

Teel, 21, was ranked among the top 10 prospects available in this year’s draft by MLB.com (No. 7) and Baseball America (No. 10). Named the 2023 Atlantic Coast Conference Player of the Year and a consensus First Team All-American, the left-handed hitter batted .407 (105-for-258) with a 1.130 OPS, 25 doubles, 13 home runs, and 69 RBI while starting as the catcher in all 65 of the Cavaliers’ games as a junior this season. He threw out 15 of 24 runners attempting to steal while managing Virginia’s pitching staff to the fourth-lowest ERA in Division 1 (3.81), earning honors as the Buster Posey Collegiate Catcher of the Year and Top NCAA Male Baseball Catcher as part of the Johnny Bench Awards.

The New Jersey native is a graduate of Mahwah High School (NJ), where he was named the 2020 New Jersey Gatorade Player of the Year and the No. 1 overall player in the state according to Perfect Game. He played eight games for the Harwich Mariners of the Cape Cod Baseball League in 2022 and was selected to play on the USA Baseball Collegiate National Team in both 2021 and 2022. His brother, Aidan, played alongside him on the University of Virginia baseball team. Their father, Garett, was selected by the Los Angeles Dodgers in the 12thround of the 1989 MLB Draft (316th overall) and spent five years with the organization as a player and catching coach.

Zanetello, 18, was a 2023 First Team All-State selection in Missouri, batting .421 (45-for-107) with nine doubles, three triples, nine home runs, 33 RBI, and 21 stolen bases in 38 games during his senior season. In 2022, the right-handed hitter was a Perfect Game All-American and participated in their National Showcase, while also being named MVP of the Breakthrough Series and playing for Team USA in an 18-and-under World Cup qualifying tournament, during which he led the team in hitting (.429). The Missouri native had committed to play for the University of Arkansas.

Less than two weeks after helping LSU win the College World Series, right-hander Paul Skenes and outfielder Dylan Crews were not done making history. Skenes was selected by the Pittsburgh Pirates with the No. 1 overall pick and the Washington Nationals followed by taking Crews at No. 2 at the 2023 MLB Draft in Seattle on Sunday night. It marked the first time in MLB draft history that a pair of teammates were taken with the top two picks.

Skenes is the sixth No. 1 draft selection in Pirates franchise history, joining third baseman Jeff King (1986), catcher Henry Davis (2021) and right-handers Kris Benson (1996), Bryan Bullington (2002) and Gerrit Cole (2011).

“It’s cool,” Skenes told ESPN, referring to his feelings about being the top pick. “But I think the biggest part is that my college career is over now (and) I get to keep playing baseball and hopefully do it for a long time.

“So I’m just super grateful for that.”

After spending the first two seasons of his collegiate career at Air Force, Skenes shined during his time with the Tigers, going 12-2 with a 1.69 ERA in 19 starts in 2023. He was named National Player of the Year and National Pitcher of the Year before helping LSU prevail at the College World Series in Omaha, Neb., where he earned CWS Most Outstanding Player honors.

In addition to his time with the Tigers and Falcons, Skenes also played for the Wareham Gatemen of the Cape Cod Baseball League in the summer of 2021.

Crews hit .380 with 58 homers and 184 RBIs across three seasons with the Tigers. He put up video-game numbers in 2023, recording the third-best batting average in the nation (.426) while ripping 18 home runs and racking up 70 RBIs.

In addition to being named Southeastern Conference Player of the Year this past season, Crews won the Golden Spikes Award as the top amateur baseball player in the country.

Straka Enjoys a Deere Run Win

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SILVIS – Despite sitting T-133 after an opening-round (73), Sepp Straka won his second PGA Tour title with final-round (62). Straka became the first player since 1992 to win John Deere Classic with an over-par round during the week.

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Three-time TOUR winner Brendon Todd finished T2 for the second time this season (AT&T Pebble Beach Pro-Am).

Ludvig Aberg (T-4) recorded his best finish in ninth start on Tour.

Adam Schenk posted his third Top-10 in five starts at John Deere Classic (T6/2019, T4/2021, T4/2023).

J.T. Poston finished T6 in a bid to become the fourth player to successfully defend a John Deere Classic title.

Peter Kuest (T-17) became eligible for PGA Tour Special Temporary Membership.

John Deere Classic | Final Leaderboard

Sepp Straka 73-63-65-62—263 (-21)

Brendon Todd 66-65-66-68—265 (-19)

Alex Smalley 66-70-62-67—265 (-19)

Ludvig Aberg 68-64-71-63—266 (-18)

Adam Schenk 65-66-67-68—266 (-18)

Full Leaderboard: (link)

Red Sox Streak Into MLB Break

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BOSTON –  (Staff and Wire Service Report) – Masataka Yoshida went 2-for-4 with a go-ahead home run in the bottom of the eighth inning as the Boston Red Sox rallied to sweep the visiting Oakland Athletics with a 4-3 win on Sunday afternoon.

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After dropping the first two games of the series, Oakland scored first and held a 3-1 lead through six innings.

Boston tied the game on Adam Duvall‘s solo homer and Christian Arroyo’s RBI double in the sixth inning before Yoshida’s solo shot into the Green Monster seats two innings later, extending its winning streak to five games entering the All-Star break.

Duvall finished with a pair of RBIs, while Yoshida also scored two runs.

Chris Martin (3-1) earned the win.

Brent Rooker went 3-for-3 with a solo homer for Oakland, which held an 11-6 advantage in the hit column but committed three errors in the field. Jace Peterson and Manny Pina both had two hits.

Ken Waldichuk (2-6) allowed the winning run over 1 1/3 innings after Paul Blackburn, who had been scheduled to start Saturday before an illness scratch, pitched in relief of starter JP Sears.

The A’s got out to a first-inning lead as Ryan Noda hit a one-out double before advancing on a wild pitch and scoring on Red Sox catcher Jorge Alfaro’s subsequent throwing error.

Red Sox opener Tayler Scott got out of the first inning, allowing just the one unearned run.

Rob Refsnyder drew a leadoff walk and scored a tying run on Duvall’s sacrifice fly in the Boston half of the opening frame.

Oakland took the lead when Noda drew a bases-loaded, two-out walk against Boston reliever Chris Murphy in the second. Murphy worked three innings in relief of Scott, striking out four, walking four and yielding two hits.

Rooker added to the A’s lead with a one-out solo shot to left in the fifth.

–Field Level Media

As MLB Breaks, It’s All Hot-Sox

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BOSTON – (Staff and Wire Service Report) –  The Boston Red Sox have clicked on all cylinders over their first two games against the Oakland Athletics this weekend. Entering today’s series and unofficial first-half finale, Boston has won four straight games and seven out of eight, while scoring 27 runs in just the last three games.

The Red Sox have put together seven consecutive games with at least 10 hits after pounding out 15 in Saturday’s 10-3 triumph.

Jarren Duran went 3-for-5 with a double, home run, three RBIs and three runs to lead the way. It was his sixth three-hit game of the season and extended his hitting streak to five games.

“Man, he’s on fire,” James Paxton, Saturday’s starting pitcher for the Red Sox, said of Duran. “It’s fun to watch. You know, he’s such an athletic guy, and so many tools on the field. He’s an exciting player, and I’m glad he’s on our team.”

Boston’s recent success has hardly been a one-man effort. Justin Turner has also been on a hot streak with at least one RBI in eight straight games.

Nonetheless, Red Sox manager Alex Cora knows how crucial Duran’s surge has been.

“We know about Alex (Verdugo). We know about (Masataka) Yoshida. We know about the power of (Adam) Duvall,” Cora said. “But when we talk about Jarren, give credit to the front office. They stuck with the kid, and we have found ways to play him. He’s been very dynamic.”

Cora is expected to use Tayler Scott (0-0, 7.71 ERA) as an opener less than a week after his Red Sox debut. He was acquired from the Dodgers in a trade late last month. While with the Seattle Mariners in 2019, Scott made one relief appearance against the Athletics, surrendering two unearned runs over two innings.

Left-hander JP Sears (1-6, 4.09) is scheduled to make his team-leading 18th start for the Athletics, making him their only pitcher to remain in the rotation all season.

“One of the goals was just to be available every fifth day — give my team 30 starts by the end of the year,” Sears said. “Hopefully, I can just keep it up. Stay on top of my routine and stay healthy so we can be there by the end of the year.”

Sears has allowed two or fewer runs in six of his last eight starts, including Tuesday in Detroit. He worked 7 1/3 shutout innings and allowed just five hits while striking out four in Oakland’s 1-0 win. It was the longest start of his career in the majors.

“Probably the best start of the year for us by a starter,” A’s manager Mark Kotsay said, calling that outing “the definition of how to pitch. He used his weapons. Kept the ball out of the middle of the plate.”

In his first career start against Boston, Sears will look to break the A’s out of a 6-16 drought. They allowed nine extra-base hits Saturday and have won just four road series all season.

Brent Rooker and Manny Pina homered Saturday against Paxton.

–Field Level Media

Todd Leads John Deere Classic

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SILVIS – Three-time Tour winner Brendon Todd is the only PGA Tour winner among the top five on the current John Deere leaderboard as Eight of the 13 players within three strokes of the lead are seeking their first Tour victory.

The John Deere Classic has produced 23 first-time Tour winners, the most of any event since 1970.

John Deere Classic

Alex Smalley matched his low round of career on TOUR (62).

Peter Kuest will become eligible for PGA TOUR Special Temporary Membership by completing the tournament.

Jonas Blixt can become the first since 1992 to win this event with an over-par round during the week.

Second-round leader Cameron Young carded a double bogey on final hole and sits three back on the crowded leaderboard. Twelve players are within three strokes of the leader.

TL’s Sunday Sports Notes | July 9

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While We’re Young (Ideas) Covers the Notes

By TERRY LYONS

BOSTON – In recent weeks, the readers have been the recipients of some breaking sports news (SlamBall!) and some motion picture musings (Indiana Jones and Harrison Ford). WWYI ran some music insights, from Billy Joel to The Beatles and Stones to Bruce Springsteen and his introspective thoughts through the “Last Man Standing.” The Notes always finish with a closing musical memory in the popular section tagged, “Parting Words & Music.”

Throughout, reader and writer have shared laughs and tears (for fears), talked sports, chatted-up trends in society while trying very hard to avoid politics and the terrible news of the day/week/month.

Today?

We have Notes. Just Notes.

HERE NOW, THE NOTES: Did you catch this news item? Former New England Patriots quarterback Tom Brady lost millions in the collapse of cryptocurrency company FTX, for which he served as an ambassador, The New York Times reported Friday. Under an agreement the retired NFL quarterback made with FTX in 2021, he received $30 million in now-worthless stock for his work pitching the company in television ads and at its conference. In step with him at the time was his then-wife, Gisele Bundchen, who received $18 million in stock, per the report.

DRIBBLED IT OUT: USA Basketball tried to slip one by us on Thursday at 5pm (ET). New USA head-honcho Grant Hill named the players on the 2023 USA World Cup senior national team scheduled to compete in the 2023 FIBA World Cup tournament August 25-September 10, (a.k.a) The Thriller in Manila.

The 2023 USA Men’s National Team will include Paolo Banchero (Orlando Magic), Mikal Bridges (Brooklyn Nets), Jalen Brunson (New York Knicks), Anthony Edwards (Minnesota Timberwolves), Tyrese Haliburton (Indiana Pacers), Josh Hart (Knicks), Brandon Ingram (New Orleans Pelicans),Jaren Jackson Jr. (Memphis Grizzlies), Cam Johnson (Brooklyn Nets), Walker Kessler (Utah Jazz), Bobby Portis (Milwaukee Bucks) and Austin Reaves (Los Angeles Lakers).

In past years, Nike has spent beaucoup de bucks on glitzy announcements with day-long twitter feeds, NYC/Statue of Liberty photo shoots, team clinics for kids and global media days. This year, it was a simple news release (5pm ET) on Thursday with a follow-up with new USA national team managing director Grant Hill.

PERTH: The NBA G League Ignite will once again host a premiere international program for a pair of preseason games with the inaugural NBA G League Fall Invitational featuring the Perth Wildcats of Australia. The Ignite will welcomes the Wildcats to the Dollar Loan Center on Wednesday, Sept. 6 and Friday, Sept. 8 when the matchup spotlights top 2024+ NBA Draft prospects among both teams. McDonald’s All-Americans Matas Buzelis andRon Holland, who are projected as Top 10 picks in the 2024 NBA Draft highlight Ignite’s 2023-24 roster, while the Wildcats feature top international talent including National Basketball League (NBL) Next Stars participant Alexandre Sarr, a projected Top 20 selection in next year’s NBA Draft. … Remember! If there’s a logo, it must be important.

NIKKI – RIP: Amongst the saddest news item to report, former USA Basketball women’s team gold medalist and proud Olympian Nikki McCray-Penson, also a former WNBA star and immortal member of the Women’s Basketball Hall of Fame, died at the age of 51.

McCray-Penson, who spent nine years in the WNBA and led the U.S. Olympic Team to a gold medal in 1996, spent this past basketball season as an assistant coach at Rutgers University in New Jersey. Rutgers confirmed the report of Ms. McCray’s passing on Friday.

“Today is deeply sad and emotional day for everyone who knew and loved Nikki,” Rutgets head coach of the women’s team Coquese Washington said in a prepared statement. “Nikki had a big smile and an even bigger heart. She was full of life, energy, and was so much fun to be around. Nikki touched the lives of many because she made it her mission to uplift others and help them achieve whatever dreams and goals they expressed.”

McCray-Penson had been diagnosed with breast cancer years ago (2013), but the initial reports of her passing did not state a cause of death, but Nikki’s friend, South Carolina head coach and former USAB Olympic Games teammate Dawn Staley did.

$AUDI MONEY: Mucho controversy was made of the Private Investment Fund (PIF) of Saudi Arabia paying the freight for LIV Golf in the summers of 2022 and 2023. The Saudi fund -valued at $650 billion – will branch-out with new fund-holders to arrange a new, multibillion-dollar entity, dedicated solely to sports, according to the Financial Times.

Accused by many – especially the families of 9/11 United – as using the funds to “Sportswash” in an attempt to cover-up human rights violations and murder committed by Saudi nationals. As time passes, the concept now calls for mainstream investments into leagues, teams, new franchises, start-ups in addition to LIV Golf. … Meanwhile, the rival to the PGA Tour, makes its way through St. Albans, England and London LIV where the LIV players will soon meet-up with their PGA Tour brethren to participate in The Open.

Current Saudi sports investments include:

  • At least $2 billion of funding to back LIV Golf
  • Purchased majority ownership of Newcastle United ($409 million purchase)
  • Saudi Arabian Formula 1 Grand Prix
  • Purchased 16.7% stake in Aston Martin F1 team
  • Saudi Pro League (Soccer) ($75 million annual contract for Cristiano Ronaldo)
  • The PIF made news in sports all year, most notably the massive but cryptic announcment with the PGA Tour to stake a place in men’s professional golf.
  • Tennis was also a target for the PIF, which has reportedly had talks with the ATP Tour and WTA Tour.
  • It’s been previously reported, the PIF and other Middle East minority investments are being made in USA/North American-based professional teams. That’s clearly a part of the strategy for the new Saudi sports company.
  • The Qatar Investment Authority purchased a roughly 5% stake in Monumental Sports & Entertainment (Wash DC) and NBA Commissioner Adam Silver publicly stated the league has not ruled out accepting investments from the PIF and other entities.
  • The NBA will be playing preseason games in UAE this fall and USA Basketball (repped by the NBA) will play exhibition games in Abu Dhabi on August 18-20.

IT’S OFFICIAL: Although there were plenty of leaks a week or two ago, the NBA formally announced the addition of the long-awaited “In-Season Tournament.” The NBA In-Season Tournament, a new annual competition for all 30 teams that will debut in the 2023-24 regular season, will tip off on Friday, Nov. 3 in NBA team markets and culminate with the playing of the Semifinals (Thursday, Dec. 7) and Championship (Saturday, Dec. 9) at T-Mobile Arena in Las Vegas.

“The NBA In-Season Tournament is an opportunity to further enhance and innovate around our season structure,” said Joe Dumars, NBA Executive Vice President, and the Head of Basketball Operations. “With the addition of this new marquee event on the NBA calendar, we are focused on providing players and teams with another competition to win, engaging fans in a different way and driving further interest in the early portion of the regular-season schedule,” added Dumars.

The In-Season Tournament will consist of two stages: Group Play and the Knockout Rounds.

  • Group Play:  All 30 teams have been randomly drawn into groups of five within their conference based on win-loss records from the 2022-23 regular season.  Each team will play four designated Group Play games – one game against each opponent in its group, with two games at home and two on the road – on “Tournament Nights,” which will take place every Tuesday and Friday from Nov. 3-28 (with the exception of Election Day on Tuesday, Nov. 7, when no games will be played).  The only NBA games played on Tournament Nights will be Group Play games.
  • Knockout Rounds:  Eight teams will advance to the Knockout Rounds:  The team with the best standing in Group Play games in each of the six groups and two “wild cards” (the team from each conference with the best record in Group Play games that finished second in its group).  The Knockout Rounds will consist of single-elimination games in the Quarterfinals (played in NBA team markets on Monday, Dec. 4 and Tuesday, Dec. 5) and Semifinals and Championship (played in Las Vegas on Dec. 7 and Dec. 9, respectively).  The Knockout teams will compete for a prize pool and the new In-Season Tournament trophy, the NBA Cup.

The 67 games played in both stages of the In-Season Tournament will count toward the regular-season standings except the Championship.  Each team will continue to play 82 regular-season games in the 2023-24 season, including those games that are part of Group Play and the Knockout Rounds.

TOURNAMENT GROUPS:

West Group A

Memphis Phoenix L.A. Lakers Utah Portland

West Group B

Denver LA Clippers New Orleans Dallas Houston

West Group C

Sacramento Golden State Minnesota Oklahoma City San Antonio

East Group A

Philadelphia Cleveland Atlanta Indiana Detroit

Eastern Conference

East Group B

Milwaukee New York Miami Washington Charlotte

East Group C

Boston Brooklyn Toronto Chicago Orlando