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PIF pulls $5B, ends LIV Golf funding after season.

5/13/2026

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Story summary
  • The Public Investment Fund announced on April 30 it will cease funding LIV Golf after this season, ending $5 billion of support.
  • Rory McIlroy said he was glad he was wrong about the $1.5 billion PGA-Tour-PIF partnership he had urged to reunify golf.
  • Scott O'Neil said the league will finalize business plan, keep teams, and hold events in South Korea (May 28-31) and New Jersey (Aug. 6-9).
  • Jon Rahm said he trusts LIV’s plan.