I find the LIV v PGA story to fascinating. It's obviously hard to 'set aside' the source of the funding for LIV, but there's such unanimity by the golf media to assail LIV at every turn. Perhaps, I'm not finding the contrarian(s) in this. Any ways, it is a fascinating storyline, how this LIV tour will impact golf.
The PGA has by and large been a 'closed shop'/guild type industry w/o any serious competitors within the U.S. It does remind me more of the failed Federal League of 1914-1915, fairly similar idea, throw around $ to attract the top talent from the A.L. and N.L. at the time. For a large number of reasons, the league didn't survive. Flags fly forever is the old yarn about pennant winners. Funny, its pretty damn hard to find the 1914 Indianapolis Hooisers and 1915 Chicago Whalers pennant flying anywhere today. Great trivia question: The Whalers were the first 'major league' team to play at Wrigley Field, it was built for the Whalers. Of course the Federal League did give us SCOTUS' decision to exempt MLB from the Sherman Antitrust Act in a 1915 lawsuit. I think about six future HOFers ended up playing games in the Federal League.
I use the Federal League and not the USFL as the most apt comparison because this was a third major league that attempted to play its season at the same time as the A.L. and N.L. and in or very near the very same markets. USFL of course had its own problems, wondering if LIV's resources are as infinite as some suggest.