Story perspectives

LIV Golf Secures Post-2026 Funding, Players Gain Majority Ownership

8/6/2026

Summary

LIV Golf Funding

LIV Golf said a lead investor will fund the league beyond 2026, making players majority equity holders—a first for a major sports league.
LIV will hold 2027 events—five in the U.S. and five internationally—while cutting purses to $10 million.
After the Saudi fund withdrew support in 2026, $40 million Michigan championship and New Orleans event were canceled, while Bryson DeChambeau and Jon Rahm, owed $500 million and $150 million, have not confirmed staying with LIV.

Summary

Cameron Smith Rejoins PGA

Cameron Smith (Ripper GC captain) will rejoin the PGA Tour 100 percent if LIV Golf folds, while remaining positive about the league.
He said the Adelaide LIV event attracted over 115,000 spectators, the ‘Little Rippers’ program boosted junior participation, and his 2022 contract was reportedly US$140 million (A$198 million), raising Australian golf memberships.
Lucas Herbert is in PGA Tour talks after LIV gave 30-day termination notices to staff, ending employment in early September.

History

Historical Context

In 1992 the FA Premier League broke from the Football League, securing a £304 million Sky television contract and making its 22 founding clubs shareholders. That shareholder structure inspired later sports ventures; in 2026 LIV Golf announced an investor pledge that gives players majority equity, echoing the Premier League’s model while facing sponsor withdrawals and payout disputes.

1 of 3

LIV Golf Funding

LIV Golf said a lead investor will fund the league beyond 2026, making players majority equity holders—a first for a major sports league.
LIV will hold 2027 events—five in the U.S. and five internationally—while cutting purses to $10 million.
After the Saudi fund withdrew support in 2026, $40 million Michigan championship and New Orleans event were canceled, while Bryson DeChambeau and Jon Rahm, owed $500 million and $150 million, have not confirmed staying with LIV.

1 / 3