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LIV Golf Likely Cancels $40M Teams Championship After Funding Pull

7/23/2026

26 2 Full Breakdown

Summary

Story summary

LIV Golf likely cancels its $40 million Teams Championship in Michigan scheduled for August 27-30, 2026.
Former U.S. Open champion Martin Kaymer said there is a five percent chance of holding the event because the course lacks infrastructure.
Saudi Arabia withdrew its billions-dollar funding, leaving LIV Golf without its main benefactor.
The Asian Tour ended its partnership with LIV Golf and re-joined the PGA and DP World Tours.

History

Historical Context

After the PGA Tour launched the FedEx Cup in 2007 to keep top players engaged through a season-long playoff, it reshaped the schedule, added a Fall Series and secured major TV contracts, including a 2018 Discovery international rights deal. With a $75 million bonus pool in 2022, a sudden loss of backing—such as Saudi Arabia’s pull from LIV Golf—can force tour realignments.

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Story summary

LIV Golf likely cancels its $40 million Teams Championship in Michigan scheduled for August 27-30, 2026.
Former U.S. Open champion Martin Kaymer said there is a five percent chance of holding the event because the course lacks infrastructure.
Saudi Arabia withdrew its billions-dollar funding, leaving LIV Golf without its main benefactor.
The Asian Tour ended its partnership with LIV Golf and re-joined the PGA and DP World Tours.

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