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LIV Golf Postpones New Orleans Event After Saudi Funding Cut

4/29/2026

48 10 Full Breakdown

Summary

LIV Golf Postpones

LIV Golf postponed its June 25-28, 2026 New Orleans tournament after the Saudi Public Investment Fund cut funding.
CEO Scott O'Neil and Secretary Susan Bourgeois said Louisiana had already paid $3.2 million of the $7 million deal.
The postponement creates a gap between the June 4-7 Andalucía event and the July 23-26 UK tournament, leaving players without a competition before the U.S. Open or The Open.

Summary

Nungesser Condemns Funding

Lt. Gov. Billy Nungesser condemned the $7 million state support for the LIV Golf tournament.
The tourism department, which Nungesser leads, asked if taxpayer dollars could be recovered after the postponement.
New Orleans & Co. expressed disappointment while pledging to keep pursuing a varied slate of city events.
LED projected a $40 million economic impact while Saudi Arabia withdrew LIV Golf funding in early April, creating schedule uncertainty.

Summary

Rolapp Explores Rejoin

CEO Brian Rolapp said the organization is exploring pathways that could let former LIV Golf players re-join.
Analyst Paul McGinley warned that returning LIV players would face suspensions, fines and smaller fields on PGA and DP World Tours.
LIV Golf’s Virginia event at Trump National Golf Club is set for May 7, 2026; a postponement would leave U.S. without a tournament from May 10 to August 6, raising doubts about the series’ future.

Summary

Trump Hosts LIV

The May 7-10 LIV Golf tournament will be played at Trump National Golf Club in Sterling, Virginia, owned by President Donald Trump.
Scott O'Neil said the league’s funding, over US$5 billion from the Public Investment Fund (PIF) at US$100 million per month, is no different from other private-equity deals.
Crown Prince Mohammed bin Salman approved a five-year domestic plan that makes no mention of LIV Golf.

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LIV Golf Postpones

LIV Golf postponed its June 25-28, 2026 New Orleans tournament after the Saudi Public Investment Fund cut funding.
CEO Scott O'Neil and Secretary Susan Bourgeois said Louisiana had already paid $3.2 million of the $7 million deal.
The postponement creates a gap between the June 4-7 Andalucía event and the July 23-26 UK tournament, leaving players without a competition before the U.S. Open or The Open.

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