LIV Golf Confronts a Potential Collapse After a Turbulent 2026 Season

The league’s abbreviated 2026 schedule concluded with a team championship in Indianapolis, after two U.S. stops—New Orleans and a Michigan event—were cancelled. Prize money for the Indianapolis finale was reduced by half, and several marquee players, including Jon Rahm and Brooks Koepka, have departed or are expected to leave. Bryson DeChambeau remains publicly loyal, urging new investors to keep the league afloat.

The Palm Beach Post

LIV Golf launched in 2022 with backing from Saudi Arabia’s Public Investment Fund (PIF), which had spent more than $5 billion on the venture. In April, the PIF announced it would cease funding after the current season, prompting the league’s leadership to seek external capital. Reports indicate a lead investor—identified as BC Partners, a London-based investment firm—has entered negotiations, with interest from over a dozen minority investors and a potential injection of $250 million to $350 million.

The Palm Beach Post

The funding shortfall has triggered multiple lawsuits. Front Office Sports reported that Fresh Tape Media, which produced LIV’s media days, is suing for $1.23 million in unpaid fees and interest. Additional contractors and vendors have also filed claims for unpaid work. The Sports Business Journal noted that some LIV golfers have not received payment for the early-August event at Trump National Golf Club Bedminster, New Jersey. Moreover, Rahm is reportedly owed up to $150 million from his 2023 contract.

The Palm Beach Post

He emphasized that the focus is on “transaction, transaction, transaction,” and that the league is exploring all options, including a possible bankruptcy filing, to restructure. O’Neil outlined a vision for a leaner “LIV 2.0” with ten events split evenly between the United States and international venues that have previously hosted successful tournaments.

The Palm Beach Post

• “I don’t think we would rule out any option,” — Scott O'Neil

The Palm Beach Post