The Saudi Public Investment Fund (PIF), the sole funder of LIV Golf, announced in April that it would be cutting ties with the league.The PIF's announcement specifically noted that it would "fund LIV Golf only for the remainder of the 2026 season," but with the re-scheduling of the team championship, that doesn't appear to be the case."As the 2026 LIV Golf season comes to a close after incredible competition across 10 countries and five continents, we reflect on record crowds, broadcast viewership, marketing partner support and social growth, alongside historic comebacks, emerging young talent, OWGR recognition and new pathways to the majors," LIV Golf CEO Scott O'Neil said in a news release.
"By concluding the season now, we can put our full resources behind what comes next and maintain the operational rigor this transition demands.We are reimagining LIV Golf as a fundamentally new League owned by the players and anchored in a sustainable business model, with an evolved fan experience built for the markets where the game is growing fastest across the globe and the support of world-class partners.Trump National Golf Club in Bedminster, New Jersey hosted the LIV Golf New York event.
(Photo by Andrew Mordzynski/Icon Sportswire via Getty Images)"Professional golf is more unified today than at any point since we launched, creating a genuine opportunity to grow the game together.Indianapolis will be a fitting finale for the League as fans have known it and the starting point for what we believe it can become."Rumors of LIV's Team Championship disappearing reached a fever pitch in July when former major champion and Cleeks team captain Martin Kaymer said the event, which carried a purse of $40 million, was "highly unlikely" to go on as scheduled.
LIV Indianapolis, scheduled to take place Aug.20-23, will be the last event of the season.LARGEMOUTH BASS EXPLODES FROM WATER TO EAT CHARL SCHWARTZEL'S GOLF BALL AT LIV GOLF NEW YORK"As we concentrate on finishing the sea...