Story perspectives

LIV Golf Files for Chapter 11 as LIV 2.0 Planned

By Drooid · Oct 24, 2026, 10:41 PM UTC · How we work

Summary

LIV Golf Chapter 11

LIV Golf filed for Chapter 11 protection on September 8, 2026 in the U.S. Bankruptcy Court of New Jersey.
LIV Golf paid about $15.6 million in retention bonuses to seven top executives, including $6.375 million to CEO Scott O’Neil on June 24, 2026.
The Chapter 11 filing listed assets between $100 million and $500 million and liabilities between $500 million and $1 billion.
BC Partners pledged up to $300 million, including an initial $4 million loan, to finance a “LIV 2.0” restructuring.

Summary

DeChambeau Courts LIV

LIV Golf set an October 25 deadline for players to confirm participation in the proposed LIV 2.0.
Only Richard Bland, Cameron Tringale, Brendan Steele and Ben Campbell have publicly pledged to join LIV 2.0.
DP World Tour announced that any player signing with LIV 2.0 will be barred from tour membership and Ryder Cup eligibility.
Bryson DeChambeau remains the most prominent name still courting LIV, working behind the scenes to revive the league.

History

Historical Context

After launching a 20-game 1974 season that promised higher player salaries, the World Football League faltered as attendance fell from 21,423 to 13,931 per game and teams ran deep deficits. New commissioner Christopher Hemmeter’s revenue-share plan could not stop the October 22, 1975 shutdown, ending the league’s brief challenge to the NFL.

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LIV Golf Chapter 11

LIV Golf filed for Chapter 11 protection on September 8, 2026 in the U.S. Bankruptcy Court of New Jersey.
LIV Golf paid about $15.6 million in retention bonuses to seven top executives, including $6.375 million to CEO Scott O’Neil on June 24, 2026.
The Chapter 11 filing listed assets between $100 million and $500 million and liabilities between $500 million and $1 billion.
BC Partners pledged up to $300 million, including an initial $4 million loan, to finance a “LIV 2.0” restructuring.

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