Now, my colleague, Mr. Norman, doesn't feel that way. I am wondering about our witnesses here.
This is a crisis, and you know what we do in a crisis? We mobilize as a government.
Yes, we will do it proudly. We will protect our players.
We are here because the regime, an autocratic, repressive regime, is torturing, imprisoning, killing its own people.
In 2023 we will distribute almost $1 billion to our players.
Again, I can only emphasize to you, Mr. Price, that your players, like Tiger Woods, gave up hundreds of millions of doll...
That is how they can be disruptive because they have a lot of money, bucketsful of money. Correct?
The PGA Tour brought in over $1.5 billion in revenue in 2021. Less than 3 percent of it, $43,694,020, was expensed as ch...
The State of Texas is losing millions of dollars because of this anti-woke crusade.
To have them taken over by a repressive foreign regime certainly is a matter of our national security.
What conversations among yourselves did you have as to the alternative sources of funding?
We are a 501(c)(6) membership or trade association. Our mission is to generate economic opportunities for our players.
If this litigation is ended and your revenue is almost $3 billion a year, why do you need the Saudis' billion dollars?
It takes a lot to turn down a lot of money.
I would join you in a bipartisan effort to make those facts more available.
But there is an understanding that PIF will contribute an investment to the PGA Tour and the entity that will control it...