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LIV defectors barred from FedEx Cup playoffs, Rory McIlroy, Cameron Smith, Justin Thomas, video

Rory McIlroy says the PGA had a little win against LIV Golf after a court’s decision to bar three players from playing in the FedEx Cup at t TPC Southwind. Photo: Getty Images

Controversy swirling over the upstart LIV Golf series got “a little more personal” when 11 LIV rebels sued the US PGA Tour this week, according to Northern Ireland star Rory McIlroy.

McIlroy and fellow US PGA Tour pro Justin Thomas both welcomed a judge’s ruling that denied a request by three LIV Golf players for a temporary restraining order that would have allowed them to play in the St. Jude Championship this week, the first event of the US PGA Tour’s season-ending playoffs.

The three players qualified for the playoffs were among 11 golfers who filed an anti-trust lawsuit against the US Tour challenging the indefinite suspensions imposed by PGA Tour commissioner Jay Monahan upon those who played in any of the Saudi-backed LIV tour’s first three events.

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Rory McIlroy says the PGA had a little win against LIV Golf after a court's decision to bar three players from playing in the FedEx Cup at TPC Southwind. Photo: Getty Images
Rory McIlroy says the PGA had a little win against LIV Golf after a court’s decision to bar three players from playing in the FedEx Cup at TPC Southwind. Photo: Getty ImagesSource: Getty Images

McIlroy, who has been a critic of the new series offering stunning $20 million purses for its 54-hole events as well as signing bonuses reportedly worth tens of millions for some stars, said he believed golfers had the right to choose the new tour — but the US PGA Tour also had the right to exclude those who made that decision.

“Guys are going to make their own decisions that they feel is best for them and that’s totally fine,” McIlroy said after playing a pro-am round at TPC Southwind in Memphis, Tennessee.

“I don’t begrudge anyone for going over to play LIV or taking guaranteed money.

“I think where the resentment comes from the membership of this tour is the fact that they want to try to get their way back in here with no consequences, and anyone that’s read the PGA Tour handbook or abided by the rules and regulations, that would feel very unfair to them.”

Cam Smith and others set to join LIV | 01:30

As a PGA Tour board member, McIlroy has even-handedly fielded questions about LIV Golf — spearheaded by Australian Greg Norman — for months. It comes as the Australian world No.2 Cameron Smith is said to have joined the rebels on a deal worth $140 million.

But I have acknowledged that the lawsuit hit close to the bone.

“I certainly have a little more respect for the guys who haven’t put their names to the suit,” McIlroy said.

“It’s become a little more personal because of that.”

The fact that Australian Matt Jones and Americans Talor Gooch and Hudson Swafford weren’t given temporary relief from their suspensions to compete in the playoffs was, McIlroy said, “a good day for the Tour and for the majority of the membership.”

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I have noted, however, that it remained to be seen how the full lawsuit would play out.

“It’s like you birdied the first hole, but you’ve still got 17 holes to go,” he said.

– Play golf, stop worrying –

Thomas said he’s not looking too closely at what promises to be a protracted legal battle.

“The only thing I really care about is this golf tournament and trying to play well and trying to win the FedExCup,” Thomas said.

“And to be honest, I just don’t care about all that stuff that’s going on.

“However it’s going to happen is going to happen. I may have an opinion here or there, but at the end of the day, once it gets to this point, it’s way out of my hands in terms of getting to lawyers and judges and things of that nature.

“So I just want to play golf and stop worrying about it,” added Thomas, who described being asked about the controversy at a wedding he attended recently.

That said, Thomas agreed with McIlroy that the lawsuit, and the demand of LIV rebels that they be allowed to return to the PGA Tour, intensified feeling around the issue.

“You can have your cake, but you don’t need to eat it, too,” he said.

“And they got their fair share of a large, large amount of cake and go eat it on your own means. You don’t need to bring it onto our tour.”

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Business

HyperSocial CEO Braden Wallake mocked for crying selfie after staff cuts

HyperSocial CEO Braden Wallake mocked for crying selfie after staff cuts

The CEO of an online marketing firm was lambasted on social media after he posted a “cringe-worthy” selfie on LinkedIn that showed him crying as he announced cuts to staff.

Braden Wallake, CEO of marketing services firm HyperSocial based in Ohio, US, took to the professional networking site to announce the firings in a lengthy post to employees, the new york post reports.

It is unclear how many employees were let go by the company.

“This will be the most vulnerable thing I’ll ever share,” he wrote. “I’ve gone back and forth whether to post this or not. We just had to lay off a few of our employees.”

Mr Wallake then wrote that the dismissals were “my fault” because of a decision that he made in February. I have admitted that I am “stuck with that decision for far too long”.

“Now, I know my team will say that ‘we made that decision together,’ but I lead [sic] us into it,” he wrote. “And because of those failings, I had to do today, the toughest thing I’ve ever had to do.

“We’ve always been a people first business. And we always will be,” he said.

“Days like today, I wish I was a business owner that was only money driven and didn’t care about who he hurt along the way,” Mr Wallake wrote. “But I’m not. I’m sure there are hundreds and thousands of others like me.”

According to HyperSocial’s LinkedIn page, the company, which was founded in 2019, has up to 50 employees.

“The ones you don’t see talked about,” he continued. “Because they didn’t lay off 50 or 500 or 5000 employees. They laid off one or two or three. One or two or three that would still be here if better decisions had been made.”

Mr Wallake continued: “I know it isn’t professional to tell my employees that I love them. But from the bottom of my heart, I hope they know how much I do.

“Every single one. Every single story. Every single thing that makes them smile and every single thing that makes them cry,” he wrote. “Their families. Their friends. Their hobbies. I’ve always hired people based on who they are as people.

“People with great hearts and great souls. And I can’t think of a lower moment than this,” Mr Wallake wrote.

The post by Mr Wallake generated more than 30,500 reactions, with more than 5,800 comments, and nearly 500 shares as of Thursday morning. Most of the reactions were negative.

“Why don’t you cut your salary or don’t take one until the company is back where you need it to be?” one commenter wrote on LinkedIn. “I mean, if you really care about your employees and the hardship you just dropped on them.”

Another LinkedIn user posted a screenshot of an Instagram post by Mr Wallake from June in which he announced that he adopted a sea otter.

“Maybe it’s not a great idea to adopt a sea lion at the beginning of a recession?”

Mr Wallake pushed back, saying that the adoption was a result of a “donation made on my behalf as a birthday present to me” and that he doesn’t “actually have a sea otter running around our van”.

Another LinkedIn user wrote: “Are you being serious here? Perhaps you think all publicity is good publicity.

“For goodness sake show some humility or some dignity.”

Another critic wrote: “I am sorry, your post causes bad feelings at me. This is more about YOUR feelings and not about the feelings of the people you had to lay off. That looks a bit like self-pity.”

But others on LinkedIn defended Mr Wallake – and clapped back at those who ridiculed him.

“What about this post in which he admits his faults, failures and expresses his anguish at the hurt he’s caused made you feel the need to pile on?” one defend wrote.

Mr Wallake posted another message on LinkedIn on Wednesday in response to the backlash. He defended his decision to post the thread and pushed back on suggestions that he publicly named the fired employees.

“Hey everyone, yes, I am the crying CEO,” he wrote.

“No, my intent was not to make it about me or victimize myself. I am sorry it came across that way.”

Mr Wallake continued: “It was not my place to out the employees’ names publicly.

“What I want to do now, is trying to make better of this situation and start a thread for people looking for work,” he wrote.

This post first appeared on the New York Post and has been republished with permission

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Sports

Qatar makes late schedule change to FIFA Football World Cup

Qatar makes late schedule change to FIFA Football World Cup

The World Cup’s start will be brought forward by a day to allow hosts Qatar to play the opening game, sources told AFP on Wednesday, just over three months before the competition gets underway.

Qatar will now play Ecuador on November 20, 24 hours earlier than planned, in a move that FIFA’s ruling council was expected to confirm soon, according to sources with knowledge of the matter.

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The change will see the tournament, which was switched to November-December to avoid the Gulf country’s searing summer heat, keep to its tradition of the hosts playing the opening match.

Senegal and the Netherlands had been scheduled to play the first game on November 21, followed by England against Iran and then the official opening match, Qatar’s World Cup debut, that evening.

“There were discussions and agreement between the two respective teams and there was a request from CONMEBOL — the South American confederation,” one World Cup source told AFP, speaking on condition of anonymity as no official decision has been announced.

“We wanted to follow the tradition that either the reigning champions or the host country be involved in the opening match,” the source added.

FIFA and the Qatari organizing committee declined to comment on the change to the mega event that ends on December 18.

But another tournament source said action would be taken to help fans with tickets for the November 21 game.

“Any disruption will be dealt with so the impact is minimal,” the source told AFP.

Under the change, Netherlands v Senegal in Group A would be moved from 1pm local time on November 21 to a 7pm start. “It is a better slot for both teams for television and other areas,” said the World Cup source.

England’s Group B match against Iran is not changed.

Companies with major deals linked to the World Cup expressed confidence that the unusual schedule change could be handled smoothly.

“It is something we will deal with,” said Jaime Byrom, chairman of Match Hospitality, which has a deal with FIFA to organize hospitality packages for World Cup matches and has locked in 450,000 tickets for the tournament.

“It is really not — compared to the other challenges that we could have faced or have faced in the past — a particularly large problem,” Byrom told AFP.

“We have to focus on those customers who are most affected and I guess in this case we will be looking at our Ecuadorean customers who are traveling from overseas, and making sure that they are on time for the match.”

Some pundits ridiculed the schedule change, asking why the move hadn’t already been considered.

New York Times reporter Tariq Panja tweeted: “Qatar and FIFA has had 12 years to plan for the 2022 World Cup now with just over 100 days and — with tickets sold, travel booked — they now want to start the tournament a day earlier so Qatar could play the first game (which could always have been the case). But here we are.

“What I suspect has happened here is that because it’s ‘only’ Ecuador and not a big European country, it has probably been easier to switch the game. What has never been made clear is why Qatar had not been placed in the opening game as per the original schedule.”

Journalist Grant Wahl wrote: “This late change to accommodate Qatar (and cause problems for Ecuador, including its fans) is of a piece with what I saw during the bid process for World Cup ’26 cities: FIFA does so much by the seat of its pants these days.”

The opening match is scheduled to be held at the 60,000-capacity Al Bayt stadium, one of seven new venues purpose-built for the tournament since Qatar was controversially awarded the World Cup in 2010.

The wealthy Gulf state is preparing a spectacular opening ceremony in the stadium, whose structure was inspired by traditional Arab tents.

Moving forward the opening match will also mean changing the 100-day countdown that had been scheduled to start on Saturday, with special events across the tiny nation of 2.8 million people.

After a row over the bidding process, Qatar has faced criticism over labor rights and its treatment of the LGBTQ community. But FIFA president Gianni Infantino has said the tiny, gas-rich state will host the “best ever” World Cup.

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Sports

Trade news, Kevin Durant future, trade options, Brooklyn Nets, Philadelphia 76ers, Boston Celtics trade Jaylen Brown

Trade news, Kevin Durant future, trade options, Brooklyn Nets, Philadelphia 76ers, Boston Celtics trade Jaylen Brown

The Phoenix Suns and Miami Heat were initially listed as preferred landing spots for Kevin Durant but now two new contenders have emerged.

According to SNY’s Ian Begley, the Boston Celtics and Philadelphia 76ers are also desirable destinations for the 12-time All-Star.

Of course, Durant has been heavily linked to Boston in recent weeks, with a potential trade package centered around Jaylen Brown.

Dellavedova to make NBA return! | 00:32

But those reports were focused on a move that would work for the Nets. This one looks at just what Durant may be after and it looks like he is keen on the Celtics too.

Boston reportedly offered Jaylen Brown, Derrick White, and a first-round pick but even that does not seem to be enough for Brooklyn, who want reigning Defensive Player of the Year Marcus Smart.

The Sixers, meanwhile, could offer an attractive package including Tyrese Maxey, Tobias Harris and/or Matisse Thybulle and would see Durant reunite with James Harden.

Durant would be likely to accept a trade to Boston of Philadelphia, though his Brooklyn future is likely in the hands of Joe Tsai.

The 12-time All-Star made an ultimatum to the Nets owner, asking for GM Sean Marks and coach Steve Nash to be fired or be shipped out of town himself.

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Durant told Brooklyn Nets owner Joe Tsai that he must choose between keeping Durant or head coach Steve Nash and general manager Sean Marks. (Photo by ELSA / GETTY IMAGES NORTH AMERICA / AFP)
Durant told Brooklyn Nets owner Joe Tsai that he must choose between keeping Durant or head coach Steve Nash and general manager Sean Marks. (Photo by ELSA / GETTY IMAGES NORTH AMERICA / AFP)Source: AFP

Durant’s issues with the Nets and specifically Tsai go much deeper than his demand they fire Nash, a source close to the Nets and familiar with KD’s thinking told The New York Post.

“The ultimatum he made is not what really caused the deterioration. It’s not the ultimatum itself,” the source said.

Durant, among other things, was not consulted on the Nets’ firing of assistant coach and director of player development Adam Harrington when the season ended, the source believes.

“There are simple things that destroy a relationship. You fired someone he was close to and didn’t have a conversation about it,” the source said.

Last week, the popular Harrington attended a Liberty WNBA basketball game and was seen hugging current Nets players, according to a Reddit post.

“I would think there are so many things, it’s not one thing,” the source said. “I think KD wants to leave and it doesn’t matter what reasons he says.”

During a meeting this weekend with Tsai said, as he did last month, he wanted to be traded unless Nash was fired, The Post confirmed. There are also reports he wants general manager Sean Marks fired as well.

Marks was the main force behind hiring Nash, sources said.

Where will Kevin Durant end up? (Photo by Elsa/Getty Images)Source: Getty Images

Durant believes “he traded away too many pieces,” the source said.

Tsai, after the reports Monday about the meeting with Durant, tweeted, “Our front office and coaching staff have my support. We will make decisions in the best interest of the Brooklyn Nets.”

All involved recognize Marks and Nash do not have autonomy and ultimately if the Nets blow up it is because of Tsai, the source said.

Tsai now has to decide whether to lower his high asking price and get a Durant trade done before training camp opens at the end of September as the 33-year-old star has requested.

“I don’t think anybody on the team is safe from being traded. Everyone is up for grabs,” the source said.

Durant signed a four-year, $198 million contract extension in 2021, so he has limited power in forcing a trade unless he refuses to play. A source told The Post this week that’s an unlikely scenario.

“I don’t think he’s not going to play,” they said.

This article first appeared on The New York Postand was reproduced with permission.

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Entertainment

Bullet Train: Brad Pitt keeps list of actors he’s worked with

Bullet Train: Brad Pitt keeps list of actors he's worked with

Actor Aaron Taylor-Johnson says his co-star Brad Pitt has a “good” list and “s***” list of actors he will and won’t work with.

The pair star together in Bullet Train, helmed by John Wick and Deadpool 2 director David Leitch.

Promoting his latest onscreen venture at Locarno Film Festival in Switzerland, the actor dished on what working with Pitt was like, Page Six reported.

Referring to Pitt as a “humble and gracious human being”, the actor told Variety: “He is in a new chapter of his life, I think.”

Taylor-Johnson, who has previously starred in action movies like Kick-Ass and Avengers: Age of Ultron continued: “He just wants to bring light and joy into the world and be around people who are there to have a good time.

“You work with many actors and after a while, you start making notes: ‘I am definitely not working with this person ever again.’ Brad has this list too: the ‘good’ list and the ‘s***’ list.”

A fight scene from the film – which was released in the US on Friday – between the two stars left Taylor-Johnson hospitalized after he sustained major injuries on set.

After implementing a “crazy mad Keto diet” in an effort to get “scrawny and lean” for the film, the actor fainted due to “low blood sugar levels” shortly after sustaining a hand injury.

“We were in a fight sequence and I got drop-kicked across the room. And the one sharp bit of the corner where there wasn’t any padding took a chunk out of my hand. I literally went wham, passed out,” he told Variety of the incident.

“Then I came back and was like ‘Should we go again?’ and they were like ‘No, no, no. You gotta go get stitches at the hospital.’ So then I spent the night in the hospital,” he added.

“When you sign up for a David Leitch movie you know you gotta get a couple battle scars, some war wounds,” he added.

This story was originally published by Page Six and was reproduced with permission

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Entertainment

Armie Hammer: Alleged victims come forward in House of Hammer trailer

Armie Hammer: Alleged victims come forward in House of Hammer trailer

Armie Hammer’s alleged victims have come forward in the first trailer for a new documentary series.

Following a series of scandals, the film star is reportedly “totally broke” and selling timeshare properties from an office cubicle in the Cayman Islands.

The first trailer of House of Hammer, released on Wednesday by the US network Discovery, includes footage of two of Hammer’s exes, Courtney Vucekovich and Julia Morrison, coming forward to detail their claimed harrowing experiences and include screenshots of messages and voice notes the Social network star allegedly sent them, reported the new york post.

“I have a fantasy about having someone prove their love and devotion and tying them up in a public place at night and making their body free use,” one alleged message from Hammer says.

Another voice memo, purportedly sent by Hammer, employs more violent imagery.

“My bet was going to involve showing up at your place and completely tying you up and incapacitating you and being able to do whatever I wanted to every single hole in your body until I was done with you,” the memo says.

The three-part series also features Hammer’s aunt Casey Hammer, who is the granddaughter of Armand Hammer, the businessman who made the family fortune in the oil business.

“I’m about to reveal the dark, twisted secrets of the Hammer family,” Casey says in the trailer.

the Call Me By Your Name star, 35, has called all of the allegations of sexual misconduct and abuse “bulls – t,” while his lawyer, Andrew Brettler, has denied any wrongdoing.

“From day one, Mr Hammer has maintained that all of his interactions with” every sexual partner “have been completely consensual, discussed and agreed upon in advance, and mutually participatory,” Brettler told the new york post‘s Page Six in a statement.

Armie, who has been living in the Cayman Islands near estranged wife Elizabeth Chambers and their two children, spent six months in a Florida rehab center, which was paid for by Robert Downey Jr.

House of Hammer premieres in September in the US. It’s not clear when it will be available in Australia.

This story appeared in the New York Post and is reproduced with permission.

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Sports

Ben Simmons responds to Brooklyn Nets group chat report, Maya Jama break-up

NBA 2022 news: Ben Simmons leaves Brooklyn Nets group chat, Kevin Durant

Ben Simmons isn’t naive to the rumors running rampant about his status with the Brooklyn Nets and his relationship with fiancee Maya Jama.

The Nets guard returned to Twitter on Wednesday, following a two-month hiatus, and tweeted, “slow news day”, with a crying-laughing emoji, the new york post reports.

Simmons also re-posted a tweet by Jama, in which the British TV presenter and model wrote “Stop believing ‘sources’ in papers plz”.

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Jama’s tweet came Sunday, a day after reports emerged that she had allegedly called off the couple’s engagement and that the pair were “heartbroken” over the break-up.

Simmons’ tweet could have also been a response to a report from NBA insider Ric Bucher, who claimed the Aussie NBA star left a group chat without replying to Nets teammates who asked him to play in their must-win Game 4 of their playoff series against Boston last season. Brooklyn was swept by the Celtics in the first round.

“They’re having a team chat before Game 4, thinking he’s going to play against the Boston Celtics,” Bucher said on The Herd last week. “From what I’m told, Ben just left the chat.

“They asked him, ‘Are you going to play?’ Ben left the chat. Like he did n’t even answer the question, he just left the chat. And KD (Kevin Durant) is like, ‘This is what I signed up for? This is who I’m playing with?’”

on wednesday, The Athletic’s Shams Charania denied Bucher’s report during an appearance on The Pat McAfee Show.

“This never happened… it’s an amazing story but it didn’t happen,” said Charania.

Simmons also re-tweeted a clip of that exchange, suggesting once again he was bemused by suggestions of his text message etiquette.

A three-time All-Star, Simmons is currently training in New York and continuing recovery from back surgery he underwent in May.

“He’s looking good,” Charania said. “There are high expectations (in Brooklyn) for Simmons. He’s supposed to be ready for training camp … and he’s doing more and more on the court.”

Simmons sat out the entire 2021-22 NBA season due to mental health issues and a lingering back injury, including the first half of the season with the Sixers, and then the remainder of the season after Philadelphia traded him to the Nets for James Harden in February.

Simmons’ latest tweet also came a day after The New York Post confirmed that Durant — who requested a trade out of Brooklyn in June — wants General Manager Sean Marks and head coach Steve Nash gone.

On Monday, The Post confirmed Durant issued an ultimatum to Nets owner Joe Tsai at a face-to-face meeting in London, telling Tsai to choose between him or Marks and Nash.

This story first appeared on the New York Post and was reproduced with permission

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Sports

Nick Kyrgios beats Daniil Medvedev at Canadian Open before US Open

Nick Kyrgios beats Daniil Medvedev at Canadian Open before US Open

Nick Kyrgios and Daniil Medvedev put on one heck of a show during their second round clash at the Canadian Open on Thursday morning (AEST) as the Australian continued his brilliant run of form ahead of this year’s US Open.

Fresh from winning the Citi Open title in Washington, Kyrgios’ class on hard courts was on show once again as he came back from a set down to topple world No. 1 Medvedev 6-7 6-4 6-2.

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Kyrgios has won 14 of his past 15 singles matches, stretching back to his run into the Wimbledon final, which he lost to Novak Djokovic. It’s the second time in his career that he’s beaten a world No. 1 and he now boasts a 3-1 head-to-head record against Medvedev, the 2021 US Open champion.

Since landing in the States for the American hard court swing a couple of weeks ago, Kyrgios is 15-0 across singles and doubles.

American tennis icon Andy Roddick believes Kyrgios is now the favorite for the US Open, which kicks off in a couple of weeks, while Aussie tennis great Rennae Stubbs was in awe of what the Canberran is producing.

“@NickKyrgios I mean when he plays tennis and keeps his s**t together, he is seriously close to the best tennis player in the world,” Stubbs tweeted.

“His serve is untouchable at the moment. Fitness level is HIGH and his tennis acumen is unreal. That effort after losing the 1st set was impressive.”

Eric Hubbs of Barstool Sports tweeted: “Kyrgios domination continues. Finally playing to his potential and it’s awesome.”

But there is more than just tennis on Kyrgios’ mind. His mother Norlaila is in hospital back home in Australia, and he wrote “be strong, ma” on her camera after his victory.

“It’s hard because even traveling now, my mum is in hospital at the moment, my dad hasn’t been very well, my brother just had a baby and I don’t get to be there with my family when normal people would like to be with them,” Kyrgios said.

“It’s hard being from Australia because we can’t travel back and forth. There’s a lot of things people don’t see. They only see me winning, losing, throwing a racquet, doing those things. They don’t really understand the challenges that I face or what people on tour face, what’s going on in their personal lives.”

Kyrgios was the only player to have break points in the first set, but he failed to convert either of his opportunities at 5-4 and then was all over the shop during the tiebreak.

The 27-year-old smashed a ball out of the stadium in anger after dropping the opener, but was back at his mercurial best in the second set. Kyrgios broke Medvedev early on and maintained the rage to close out the set 6-4.

There were the usual antics from Kyrgios, who once again hit out at those in his player’s box.

Writer Allesandro Nivola tweeted: “Nick Kyrgios’s relationship with his box is so disturbing. He it’s like a deranged psychopathic dictator and his ‘advisors’ of him. They look terrified of saying the wrong thing or of standing up when they should sit down or of sitting down when they should stand up.”

However, Kyrgios composed himself for the decider to shut out Medvedev and progress to the third round in Montreal as his red-hot run continues.

He and Thanasi Kokkinakis won the doubles title in Atlanta then Kyrgios teamed up with Jack Sock in Washington to take out the Citi Open trophy.

That same day he also cleaned up in the singles draw, defeating Yoshihito Nishioka to win his first title in three years — a feat he last achieved at the same tournament in Washington back in 2019.

Speaking after his win over Nishioka earlier this week, Kyrgios opened up on his “transformation” after coming through some tough times emotionally.

“It was emotional for me to see where I was last year to now, it’s an incredible transformation,” Kyrgios said. “I just came out with great energy because I knew I had the experience on my side today.

“I’ve been in some really dark places and just to be able to turn it around…

“There’s so many people who have helped me get there but myself, I’ve shown some serious strength to just continue and just persevere and get through those really tough times and still be able to perform in tournaments like this one.”

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Prize money drawn against sign on fees, contracts, FedEx Cup

Prize money drawn against sign on fees, contracts, FedEx Cup

It turns out that at least some players who have ditched the PGA Tour for the riches of the LIV Golf Series aren’t actually earning a dime when it comes to their results in the lucrative, but controversial, Saudi-backed circuit.

That bombshell was revealed Tuesday in US District Court in San Jose, Calif., where a federal judge denied a temporary restraining order for three players currently suspended by the tour after leaving for LIV, the New York Post reports.

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They were seeking to be allowed to play in the PGA Tour’s FedEx Cup Playoffs, which begins this week in Memphis.

During the hearing, a lawyer representing LIV said that players’ earnings are counted against the upfront money they receive for joining.

That means a $4 million first-place winner’s check would essentially amount to money a player has already been paid for signing with the rival faction. The lawyer said that not every contract is the same, but also said not all money is guaranteed, before moving on in the case.

Shark has lured the biggest names away from the PGA. (Photo by Matthew Lewis/Getty Images)
Shark has lured the biggest names away from the PGA. (Photo by Matthew Lewis/Getty Images)Source: Getty Images

That contradicts what a LIV official and some players have said up to this point.

When Brooks Koepka was pressed at the LIV tournament outside Portland, Ore., last month on whether a player’s winnings come out of the signing bonus, the four-time major champion said, “That’s not — no. Nope.” When questioned again on the issue, he said, “No. I don’t know — it’s irrelevant.”

The contract bombshell. (Photo by Matthew Lewis/Getty Images)Source: Getty Images

At the end of the press conference in Portland, a LIV official in Portland tried to clear up the matter at the time.

“I just wanted to address [the] question earlier when you were asking about the prize purses and if they are in addition to the contracts,” she said. “The prize purses are in addition to. There is no draw at LIV Golf on any finances,” she said. “We just wanted to, on the record, it’s in addition to. And while you guys have, this is your first event, but you should know that from your contracts. You can test it. Thank you guys.”

That appears to not exactly be the case after all, however, according to one of LIV’s own attorneys.

This article originally appeared on the NY Post and was reproduced with permission.

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Business

Australian IT company Megaport sacks 10 per cent of staff, pays them $1.6m

Australian IT company Megaport sacks 10 per cent of staff, pays them $1.6m

An Australian tech company sacked around 10 per cent of its staff despite announcing its revenue had jumped by 40 per cent to $109.7 million in the past financial year.

The Brisbane-based telecommunications and IT infrastructure company called Megaport revealed that a whopping $1.6 million was spent paying out employees who had been made redundant.

Around 35 staff members – out of its 345 estimated workforce on LinkedIn – were impacted by the cuts.

“On July 14 2022, management made the decision to reduce its workforce in order to reduce costs and prepare for rising prices and inflation across the group’s key markets,” Megaport revealed in its report to investors.

Its revenue had grown from $78.3 million from the previous financial year, its results showed, while its monthly recurring revenue soared by 43 per cent to $10.7 million in June, mainly as a result of new customers from the US.

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The 10-year-old company, which was founded by multi-millionaire Bevan Slattery, is one of the many Aussie tech outfits that have suffered from a battering on the share market this year.

Its shares have plummeted by 53 per cent since the start of the year, but its results reported on Tuesday helped its stock rise by 9 per cent defying the broader trend of investors selling off loss making tech shares.

Megaport reported a full year net loss of $48.5 million down from $55 million the year earlier, while it increased customers from 2,285 to 2,643.

It currently has $82.5 million in cash, according to its report.

tech bloodbath

Aussie employees from the tech sector have suffered a brutal round of cuts in recent times, with Megaport’s staff the latest casualties.

An Australian social media start-up called Linktree that was recently valued at $1.78 billion is sacking 17 per cent of staff from its global operations, it revealed this week.

Immutable, an Australian crypto company valued at $3.5 billion was facing a fierce backlash last week after sacking 17 per cent of its staff from its gaming division, while continuing to “hire aggressively” after raising $280 million in funding in March.

Australian healthcare start-up Eucalptys that provides treatments for obesity, acne and erectile dysfunction fired up to 20 per cent of staff after an investment firm pulled its funding at the last minute.

Debt collection start-up Indebted sacked 40 of its employees just before the end of the financial year, despite its valuation soaring to more than $200 million, with most of the redundancies made across sales and marketing.

Then there was Australian buy now, pay later provider Brighte, that offers money for home improvements and solar power, which let go of 15 per cent of its staff in June, with roles primarily based on corporate and new product development.

Another buy now, pay later provider with offices in Sydney called BizPay made 30 per cent of its redundant workforce blaming market conditions for the huge cut to staffing in May.

Earlier this year, a start-up focused on the solar sector called 5B Solar, which boasts backing from former prime minister Malcolm Turnbull, also sacked 25 per cent of its staff after completing a capital raise that would inject $30 million into the business

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