Tiger Woods and Rory McIlroy welcome Mets owner Steve Cohen to TGL, while billionaire Serena Williams follows and buys the league’s fourth team
- Tiger Woods and Rory McIlroy’s virtual golf league begins in January
- Serena Williams, Venus Williams and Alexis Ohanian also have an LA-based team
- DailyMail.com offers the latest international sports news
New York Mets owner Steve Cohen has purchased the fourth team in the TGL, a golf league backed by Tiger Woods and Rory McIlroy that is set to launch in January.
Cohen’s team will operate in the New York market and join franchises in Los Angeles, Boston and Atlanta. Cohen Private Ventures, Cohen’s family office, will lead this team, which has not yet been named.
TMRW Sports, a company founded by Woods, McIlroy and media executive Mike McCarley, founded TGL.
“We are excited to partner with TMRW Sports and represent New York as a founding TGL team,” Cohen said in a statement Thursday. “As golf continues to grow in popularity, there is a need for greater access to the sport and the best players in the world.”
“TGL’s primetime programming offers an up-close, fast-paced and innovative take on the sport that will appeal to both traditional golfers and new fans.” “We are excited to be part of TGL and build a team that makes New York proud might.”
Mets owner Steve Cohen has purchased a New York-based golf team to compete in the TGL
The league is supported by Tiger Woods and Rory McIlroy, who were featured at Augusta National in April
Andrew B. Cohen, who has no relation to Steve Cohen, will be a minority investor in the New York-based team.
“It is an innovative concept that combines technology, data and a competitive team format on prime time Mondays,” said Andrew B. Cohen, co-founder of Cohen Private Ventures. “Given the way golf is played now, both in simulators and on the course, I think it will bring all of those elements together.”
Financial details of the deal were not disclosed.
According to a report from Sportico, all six teams in the TGL will hold a 3 percent stake in the league while also participating in a league-wide revenue share.
TGL is a virtual league where each team consists of three PGA Tour players. These teams will compete in 18-hole match play. The regular season consists of 15 two-hour games before the semifinals, and a final takes place to conclude the season.
Serena Williams, Alexis Ohanian (both above) and Venus Williams own the league’s LA team
All games will be played at a facility currently under construction on the campus of Palm Beach State College in Florida.
The Los Angeles team is owned by Alexis Ohanian and Venus and Serena Williams, Fenway Sports Group owns the Boston squad and AMB Sports & Entertainment, led by Arthur Blank, will oversee Atlanta’s franchise.
“We obviously want to be present in the right media markets and in the right areas where the fan bases have the opportunity to support their team and some of the natural rivalries that exist between fans in other sports,” McCarley said.
“That points you to some of these important markets.” So it was a factor, but not the only one. The quality of the ownership group is also very important.”