{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Octus Download","title":"EP 37 | LIV Golf's $5 Billion Bogey, Rich Dad Poor Dad's Debt Flex & The Invite","html":"","width":"100%","height":180,"duration":2803,"description":"Everybody in this episode is playing with other people's money. Jason Sanjana and Kevin Eckhardt warm up with the Emmys (02:05), then get to LIV Golf (04:56), the Saudi Public Investment Fund's $5 billion swing at the PGA Tour, now in a New Jersey bankruptcy in front of friend of the pod Judge Michael Kaplan. TV money was about 5% of revenue, against as much as 67% at the PGA Tour. BC Partners is anchoring a $300 million plan to relaunch the league with the players as owners, and the real prize may be $5 billion in net operating losses (13:44). What neither host can figure out is why any golfer would take this deal (16:14).\nThen it's Rich Dad Poor Dad (22:47). Robert Kiyosaki loves telling people he's $1.2 billion in debt, so Vanity Fair sent a reporter to his Arizona home to find out how the get rich guy got there. His actual share turns out to be a fraction of that. The better story is who paid for his first business, a Velcro wallet company (27:20). Hint, it wasn't the rich dad.\nThis week's unofficial sponsor is other people's money (32:54). Starting a rival golf league nobody asked for? Use a sovereign wealth fund's. Looking to spice up your marriage? Use other people's spouses. Which brings us to Culture Corner (34:17) and The Invite, with Olivia Wilde and Seth Rogen as a couple running on fumes who invite the loud upstairs neighbors, Penélope Cruz and Edward Norton, down for dinner. Kevin finds a plot hole the size of Jupiter (36:00) and producer Tanya weighs in on the moment Hawk turns out to be a Howard (40:52).\n----more----\n Hosted by Jason Sanjana & Kevin Eckhardt\nProduced and Edited by Tanya Hubbard\nA Production of The Octus Podcast Network","thumbnail_url":"https://img.transistorcdn.com/4vF7TXCA6_1-8f7efSzXVy05ouzAcAGQfQLHt7hd6vQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9iOWJi/OGI2ZmJmYzI0Nzdk/YzQyZThmNmVlYmQ1/YzM5Yi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}