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LIV Golf cancels $70M events, eyes “LIV 2.0”

8/13/2026

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Story summary
  • LIV Golf cancelled the $40 million Michigan team championship (Aug. 27-30) and the $30 million New Orleans tournament set for June 2026.
  • CEO Scott O’Neil said an investor has signed an agreement and a September deal is expected.
  • The Saudi Public Investment Fund will end its funding after 2026.
  • LIV Golf seeks $250-$300 million for a 10-event “LIV 2.0” season with half-size purses and player rights to join other tours.