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Sunday, June 16, 2024

LIV Golf Announces 14-Tournament League with $405M Purse

  • The LIV Golf League announced it will have 14 tournaments on its 2023 calendar.
  • The golf league will also expand its total prize purse to $405 million.
Soobum Im-USA TODAY Sports

The LIV Golf League is launching in 2023, when it will add six more tournaments to its schedule for an additional $150 million in prize money.

The Saudi-backed golf league announced the 14-tournament league will have a total of $405 million in purses — up from the $255 million offered during this year’s eight-tournament LIV Golf Invitational Series.

With 48 players on 12 team franchises, team captains will be able to make franchise decisions based on sponsor interest and fan following.

Dates and locations haven’t been announced, but the league stated that it is “expected to expand LIV Golf’s global footprint across North and Latin Americas, Asia, Australia, the Middle East, and Europe.” 

  • The 2022 Invitational calendar includes five U.S. tournaments and one each in London, Bangkok, and Jeddah.
  • LIV Golf claims that the events won’t conflict with the four majors, international team events, or heritage tournaments.

LIV Golf raised $2 billion from Saudi Arabia’s Public Investment Fund earlier this year and has recruited a number of PGA Tour members.

International Series

LIV Golf announced it will also host more international series tournaments, competing in Thailand, England, Korea, Vietnam, the Middle East, Indonesia, China, Singapore, Hong Kong, and new European and U.S. locations. LIV Golf League players are expected to participate. 

The series, which claims it ensures “pathways for amateurs and the next generation of leading players,” launched this year after LIV and the PIF committed $300 million to the Asian Tour.

In 2023, LIV Golf states it will host a total of 25 tournaments.

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