dcmidnight

Thought I remembered reading in one of their filings that something like 50-60% of their total annual revenue comes from the Adelaide event.

Bingo. It doesnt matter if it took them two years, it only takes one 'yes' signature.

Also I do want to add - for all the people just lurking in this thread, please dont listen to us. Go to BD. Do everything you can to get out there. Its worth every minute of effort you put into it. Chances are more than good that you will go on your first trip and not notice one single thing out of place. You will go out there and just spend every single minute being out-of-your-mind happy and you will think everyone in here is insane. Just go.

Really? Its laughable? I ignore most of the revenue talk for the time being because of all the videos I've watched that Sam has done I cant even make the math work for ~160,000 units. I cant on one hand see/hear him talk about how much time and effort goes into every putter - 10x more time than their competitors - and on the other hand somehow picture 750+ units a day coming out of that shop (assuming they are closed weekends). I...dont think you can have both. Either they are *moving* putters out of there and his talk is just talk or else they really do take the time they take and maybe those sales numbers are puffed up. Again, the shop to me looks like a high, high end operation so I'd lean towards the latter.

Good point, honestly did not even think of that - makes much more sense.

I hear what you're saying and get the frustration. But to be fair, that phrase is over 25 years old now. Things/business/life changes. Its been 25 years of people getting beaten over the head with how great BD is, 25 years of articles and videos and reviews about how we needed to go to BD. I think this was inevitable. I dont think any company is doing business the same way they were 25 years ago. Personally I guess its just what bothers you. To me I'm just as bothered by the ubercoolgolfguy carrying his Mackenzie bag and trestle sticks and loudly acting like an jack-a than I am with someone from Toyota. I guess I just dont care where they come from or what group they are with. Chances are pretty good some of those guys are pretty jacked to be there. And...I dont want to say I dont believe some of the stories here. Thats not it. But I think to some extent we're making it cool to complain about stuff like this when the reality probably is, 99.99% of people that go there either dont get bothered by stuff like this or dont even notice.

Thanks Monte, always a pleasure.

I make it a point to come in this forum once every ten years so...so please know I already regret this post. First, I'll just say that this is a terribly edited video - its really bad. There are some really old clips kluged with some newer ones, I couldn't make it through more than 3 minutes of it before skipping through. There seems to be no continuity, she really needs a better editor. I've worked with Erika off and on the last ten years or so. We've done everything from short/mid yardage short game work entirely through feel to dual force plates/Trackman work to Aimpoint classes that she taught at my club. I typically hate using too many tech/gadgets during a lesson but she sort of changed my mind on that. Not entirely - but I'm coming around. Whatever I had been doing wasn't working so I had to at least be willing to try something new. And I know thats impossible for some people to believe - that there's more than one way of doing business. She does a lot of beginner clinics/camps and - dont freak out - but not everyone wants to nerd out that much about golf, which I think is fine. BTW I think the doctor metaphor is a terrible one but hey its refreshing to see not much has changed in here.

Good point, I know there are a bunch of tsunami warning street signs on the roads in that town...sort of before you get to the dunes area - in fact I think the art gallery was called the Tsunami Art Exhibit or something like that. I could definitely see it being a concern in that area.

Probably juse a question of resale value? Saw a couple of Sub70 sets this summer at 2nd Swing in the $250-300 range. For some of these DTC brands I'm not sure how much Cally could offer in value to make it worth their time at that rate.

The resort or the town? The resort itself is the safest place you can be, waves would have to be, I dont know, 150 feet high to make a dent in those cliffs? And if theres a 150 foot wave racing for shore they probably have bigger problems LOL.

Yep. Just watching some of the YouTube reviews is enough to get you to never pay 3x for an American made one. My guess is that LAB will look at the cost outlay and realize its just not worth it milling the heads at a shop down the road just so you can say they are made in the USA. You can make them in China for 1/10th the cost and maybe you still market them as "assembled" in the USA. Suddenly your margins have gone through the rood and the quality is high enough that no one can tell. Or cares. Just look on Ali Express/Temu or watch some reviews of the knockoffs. These putters are already being cloned to a "good enough" level - and thats without the company being involved.

To your first point, I know they dont mill the heads at their HQ but even just assembly you're talking...438 putters a day going out the door 365 days a year? OK, maybe the heads could be milled. But the assembly of that many? I dont know. I went back and rewatched the video I saw where Sam said their labor time were 10x what their competitors were because every one has to be balanced. Every putter goes through a dozen employees. Their shop looks like such a high end, high quality, high QC operation...I dont know how they move 400+ putters through there a day. But second, if you did that much, thats close to $100M in revenue? Would be interested to hear how having books like that couldn't attract better finance options.

I'd put some of the No Laying Up long form travel stuff up against any golf documentary or show on TGC - past or current...if they even still have shows.

Haven't people already said the "increased purse" thing is mostly bunk - the money is going to the team payouts but the teams are also footing more of their expenses?

Well I was wrong the article says they are already on track to do 400,000 this year. Scotty's gotta be kicking himself, getting back in the shop making some $2,000 ZT options...

I'm having a hard time believing the market is there for close to 400,000 units a year. Its got to be the most bought and sold item in the BST right now. If you want one, you can pick one up cheap as heck, try it out and sell it a week later for what you paid for it. Do they really think the market is there for $500-800 putters? I guess they must.

Without looking at the list I could buy this. I'm just not going to give any sort of weight to winning against the same field every week where...2/3 of the guys are non factors. No one is grinding out wins to feed their families. No one is worrying about a cut. No one cares about having a job or keeping their cards - I dont care what David Fehrety says there is literally NO STRESS on this tour. Which is great, maybe thats why he's winning. But I'm not mapping these wins against real tour wins in any way.

Ah, no. There very well may be a clause in their contract prohibiting disparaging remarks about the deal - or something along those lines. The idea that the guys who got paid are saying good things about the guys stroking the check? Again I'm another guy who went through the s end of a PE deal so I dont look at it from any sort of bright side LOL.

I dont know how to say this without offending anyone - but if there are BD caddies on social media trying to drum up business at 200 a bag - keep looking. Or randomly pick some from recent trip reports. Or take your chances with the caddie master when you explain to them what you want.

PE just doesnt bring anything to the table - other than an interest in extracting every last $$ they can. For every one positive story or positive comment, you'll read 100 from people in this thread (including me) who've been through this before. This isn't like if Callaway or TM bought LAB. They will want to make as much money as they can - so whether $500 putters become $800 putters or what, they arent doing this out of the goodness of their hearts or their love of the game. The problem is...the OEMs that wanted to figured out/pump out their own ZT putters have done that already. Theres no business interest for them in picking up LAB.

They could up their greens fees 50% and I truly believe it would have zero affect on demand. $370 a round in high season is honestly nothing given the quality you are getting. Every course there is in the top 15-20 depending on the list - now look at what the courses around them are charging. Its crazy really.

Oh for sure he can get away with it. And I know guys mess with adjustments or different models during the year etc. But esp for a guy with a prominent sponsor - apparently not a 14 club deal though LOL - I cant remember a guy going through three OEMs in a few months.

Is there a guy that hits it as far as Knapp does that is changing driver OEMs every two minutes lol? Feel like in the past couple months have seen him in a PXG, TM and yesterday an old lead taped Ping. Someone throw this guy a lifeline or something LOL, cant we get him fit into something he likes?

Good for them. From a pure business standpoint, if they were going to cash out, now was the time to do so. They are never going to be hotter than they are right now. A few years from now when the whole zero torque thing has settled down or passed completely and we are on to the next whatever equipment hot take we are on to, this move will look absolutely brilliant.