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21h ago

PGA Tour–LIV Golf Talks Collapse as LIV Confronts Huge Losses, Player Backlash

The collapse of merger talks with the PGA Tour leaves LIV Golf grappling with mounting losses alongside growing player discontent.

PONTE VEDRA BEACH, FLORIDA - MARCH 17: Jay Monahan, Commissioner of the PGA TOUR, looks on during the trophy presentation after the final round of THE PLAYERS Championship on the Stadium Course at TPC Sawgrass on March 17, 2025 in Ponte Vedra Beach, Florida. (Photo by Richard Heathcote/Getty Images)
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Overview

  • A White House meeting brokered by President Trump failed to bridge differences, leaving talks stalled on governance and financial issues.
  • LIV Golf posted nearly $400 million in international losses in 2024 and faces projections of over $5 billion in cumulative deficits by the end of 2025.
  • Former LIV player Hudson Swafford criticized shifting rules and poor injury support, and confirmed a five-year suspension from the PGA Tour.
  • Swafford and other ex-LIV stars report fractured friendships with PGA peers and say they would return to PGA events if restrictions were lifted.
  • Insiders dispute the notion of LIV as a retirement circuit, saying players like Phil Mickelson and Brooks Koepka are working harder than ever.