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Antitrust

Major Golf Tours Face Mounting Financial Losses-LIV Isn’t Alone

Major Golf Tours Face Mounting Financial Losses-LIV Isn’t Alone

Rickie Fowler withdrew from the WM Phoenix Open after falling ill, tournament officials said. He left the event as a precaution and will be closely monitored while he recovers.

Recent financial reports reveal mounting losses across major golf circuits, with LIV Golf among several tours posting multi-million-dollar shortfalls as organizers scramble to reassess budgets, sponsorships and long-term viability

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McIlroy: Players, DOJ in way of PGA Tour-PIF deal

McIlroy: Players, DOJ in way of PGA Tour-PIF deal

Rory McIlroy believes the PGA Tour should not be “held hostage” by players and the DOJ, as he defended the prospect of a Saudi Arabia-backed breakaway league.

McIlroy insists player resistance and the Department of Justice’s investigation into the PGA Tour are the only obstacles to a deal with PIF, the Saudi sovereign wealth fund that has already invested heavily in LIV Golf.

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