Story perspectives

Louisiana Postpones LIV Golf After Funding Pull, Recoups $2M

4/29/2026

Summary

Story summary

Louisiana postponed the June 25-28, 2026 LIV Golf tournament in New Orleans.
CEO Scott O'Neil requested the delay after the Saudi Public Investment Fund withdrew funding.
Louisiana paid $3.2 million and will receive $1.2 million back.
The $2 million Bayou Oaks upgrades remain a state asset.
Louisiana will not pay the $5 million hosting fee or $4 million incentives because the league fails the clawback provision.
Organizers are exploring a smaller exposition-style event in fall 2026.

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Story summary

Louisiana postponed the June 25-28, 2026 LIV Golf tournament in New Orleans.
CEO Scott O'Neil requested the delay after the Saudi Public Investment Fund withdrew funding.
Louisiana paid $3.2 million and will receive $1.2 million back.
The $2 million Bayou Oaks upgrades remain a state asset.
Louisiana will not pay the $5 million hosting fee or $4 million incentives because the league fails the clawback provision.
Organizers are exploring a smaller exposition-style event in fall 2026.