Whether golf, hockey or basketball I think the only logical conclusions is to wrap it up this year and have no majors. Certainly not the end of the world, as TD noted. End of revenues for a year, yes, which might be driving the speculation.
And, revenue related, but regarding my season hockey tickets.....There is talk about how much fans are missing the season, the Stanley Cup, etc. and much wringing of hands. Gotta say, I have adapted quite well and am not missing a thing - Especially the overpriced food and drink at the stadiums. (Granted watching the news breathlessly for the latest death toll is wearing a bit thin on me.
So, I have to believe they powers that be are more interested in fans NOT losing interest and fans finding out they really don't need to pay big bucks to see a golf tournament. So, not only do they miss the revenues from this year's tournament X, it may suffer for years.
Of course, I believe the recessions of 2000 and 2008 both reduced golf rounds, and once people got out of the habit of playing, they found out they didn't love it as much as they thought they did.