Indoor Golf League TGL Sees Franchise Values Soar Past $90M

The indoor golf league TGL is experiencing rapid growth with franchise values reaching over $90 million after just two seasons. Reddit co-founder Alexis Ohanian has purchased a team in the upcoming women's league for $20 million.

The indoor golf league TGL is experiencing remarkable financial growth following the completion of its second season.

According to a Thursday report from Sportico, one TGL franchise recently sold a minority ownership share valued at $100 million, while several other teams have completed transactions exceeding $90 million.

The season concluded this week when Los Angeles Golf Club claimed the SoFi Cup championship, defeating Tiger Woods’ Jupiter Links team in a decisive 2-0 series. LAGC’s roster features Collin Morikawa, Sahith Theegala, and British golfers Tommy Fleetwood and Justin Rose.

Reddit co-founder Alexis Ohanian leads LAGC’s ownership group alongside tennis legends Serena and Venus Williams. Now, Ohanian has expanded his golf investments by acquiring a franchise in WTGL, the planned women’s version of the league.

“All it takes is a couple of generational talents on a big enough stage to change the entire perception of the sport,” Ohanian told Sportico. “Golf is one of those sports that is so on the precipice. You can see it online. You can see the creator economy telling the story of this sport. This format of TGL is so perfect for the online generation. Again, I say this as a Reddit guy. Take my word for it. It is perfectly built for the social media age.”

Atlanta Falcons owner Arthur Blank became the first investor to secure a WTGL franchise, with Ohanian following as the second buyer. Sportico reports both entrepreneurs paid approximately $20 million for their teams.

The indoor golf concept debuted in January 2025, created through a partnership between Woods, Rory McIlroy, and media executive Mike McCarley. The league plans to expand from its current six teams to seven in 2027 when Motor City Golf Club joins representing Detroit.

While WTGL is scheduled to begin play sometime this year, additional details about the women’s league remain limited.