The History of Guaranteed Contracts in Sports
Athlete offered $100M to switch leagues and a short history on the world of guaranteed contracts.
New leagues arise when wealthier owners show up and compensate the players better.
LIV Golf fits that mold perfectly:
trillions in Saudi money
$650M committed to just 5 players so far
From $26M to $100M Guaranteed
Earlier this week, it was reported that British Open winner Cam Smith is considering leaving the PGA Tour after receiving a $100M guaranteed contr…