00:00What do you think Bryson does?
00:02I don't really know.
00:07Last time we saw him, he was giving away $100,000
00:10for being in a match played over the top of his house.
00:13I couldn't even watch the clip.
00:17I just think it's...
00:19What is he going to do?
00:21I don't see him play the DP world.
00:23I could honestly just see him play YouTube in the majors.
00:26He's playing the Ned Bank event this fall.
00:30I think he's actually signed up for a couple of DP world tour events.
00:33But I just don't know, you know,
00:35is that just sort of a...
00:37Is he getting an appearance fee for some of those?
00:38Is that just sort of a test to see,
00:40hey, could I do a European schedule
00:42and maybe like it and draw fans?
00:45And also, is that a bet on himself
00:47where you go out and start the year like Patrick Reed did this year?
00:50You win a couple of events.
00:51That's how you get your card back.
00:53Now that option's on the table.
00:54But I actually could see him being the only guy
00:58that takes the Live 2.0 equity
01:01and gets the largest chunk of it by far.
01:04Like his percentage of that equity
01:05might be greater than everyone else in the league combined.
01:09Because for him, it's like...
01:10Is he seeing Rahm and Neiman
01:12and these guys all potentially not coming back
01:14and seeing is like,
01:15all right, I'm just going to have my own golf league.
01:18I don't really...
01:19This is my opportunity.
01:20But the only problem is, man, like there's...
01:22For him, there will be no guarantee
01:24that he will be in major championships
01:26past whatever his last win was, which was 2020.
01:29So he's got basically three-year runway
01:32of major championships that he really needs to win another.
01:36He does.
01:37He's the bottom line.
01:39That's what he wants to do.
01:40Certain ones of them, obviously, you can finish like top 10,
01:42get in next year, things like that.
01:43But I think that for Bryson,
01:47the reason I ask is because he just seems so content
01:50to start leaning into this new world.
01:53Like when you're going from...
01:55Before it was,
01:56hey, I'm going to go play these cool courses.
01:57I'm going to play with other content creators.
01:59I'm going to do this sort of fun YouTube channel thing.
02:01And then you start getting the validation
02:02of tons of subscribers.
02:04Now we're going to use it for major prep.
02:06We're going to go talk to the governing body
02:07and play Oakmont before the U.S. Open
02:10and see what we shoot.
02:12He's creating his own games now.
02:13The $100,000 match with all the content creators,
02:16that's a Mr. Beast golf play.
02:19So we're really getting to the point where
02:22if he wants to lean to that all the way
02:24and then just write out his exemptions until 2029,
02:29I think that's maybe more likely
02:31than seeing him play a full DP World Tour schedule.
02:33Is he not just better off just starting his own tour?
02:36Why does he need to live 2.0?
02:39I guess the infrastructure is already in place.
02:41And also, I think the thing that a lot of people said
02:43who are smarter than me in this sort of domain is
02:46they were able to...
02:47It depends on the type of bankruptcy filing
02:49and how it's seen in court.
02:51But there are some legal theories that center on
02:53being able to transfer the losses incurred
02:57and live 1.0 and use it as tax write-offs
03:00for live 2.0.
03:02Well, wasn't that what PIF was like?
03:04I don't know why PIF would be considered
03:06because I guess they probably still have
03:07a minority stake in Live,
03:09but I guess big enough to where they were like,
03:11hey, are you guys just using this for write-offs?
03:15Which we don't judge.
03:17Well, I mean, I think for PIF,
03:19you almost want them to.
03:21If you still have a stake in it,
03:23and I assume...
03:25Yeah, what's their beef?
03:25They need somebody to do it.
03:27Well, they need someone to do it, right?
03:29And if they have a stake in it,
03:30and all of a sudden it becomes profitable
03:32in some limited fashion,
03:34less than they would have hoped or expected,
03:35but in some limited fashion,
03:37and they have a stake in it,
03:38at least they're making more money
03:39than they were before.
03:40It's crazy.
03:41We're talking about $5 billion
03:43or something that they've spent.
03:47And you know what's even more bizarre
03:49is that I think they're operating like cash
03:52that they currently have
03:54is like $4 million or something from BC.
03:57Which is...
03:57We're talking about $5 billion.
03:59Like, go type into your phone
04:01the difference between $5 billion and $4 million.
04:04You're going to be blown away.
04:05Let's see.
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