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2d ago

LIV Golf Cuts Large Upfront Payments in Contract Renewals

It reflects the league’s push for financial sustainability following almost $5 billion in investment.

LIV Golfers, Brooks Koepka (Left), Bryson Dechambeau (Centre), Dustin Johnson (Right) - Image Collage. (Credits: Geety Images)
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Overview

  • LIV Golf informed its roster that no future contract renewals will include the huge signing bonuses that initially attracted stars like Dustin Johnson, Brooks Koepka and Bryson DeChambeau.
  • The new policy takes effect immediately, with Johnson’s deal up at the end of 2025 and Koepka and DeChambeau due for renewal in December 2026.
  • The decision follows mounting financial pressure after Saudi Arabia’s Public Investment Fund injected nearly $5 billion into LIV Golf since 2022.
  • Merger talks with the PGA Tour remain unresolved after the Tour declined a $1.5 billion PIF investment that would have preserved LIV’s structure and granted PIF governor Yasir Al-Rumayyan a leadership role.
  • Despite dropping guaranteed bonuses, LIV still offers $25 million event purses, $4 million for individual winners and a no-cut format, forcing players to weigh stable earnings against signing incentives.