{"id":952172,"date":"2026-05-11T07:55:18","date_gmt":"2026-05-11T07:55:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/952172\/"},"modified":"2026-05-11T07:55:18","modified_gmt":"2026-05-11T07:55:18","slug":"liv-golf-the-greed-of-top-golfers-has-left-the-professional-game-in-a-precarious-state-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/952172\/","title":{"rendered":"LIV Golf: The greed of top golfers has left the professional game in a precarious state \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">This is one of the weeks where golf doesn\u2019t need to talk itself up, not that it ever feels it should be modest. For the Majors, the circus barking of the host television networks can still be grating, but at least it has meaning.<\/p>\n<p class=\"c-paragraph paywall \">Nobody will be trying to work out how many of the best players in the world have bothered to turn up for the <a href=\"https:\/\/www.irishtimes.com\/tags\/us-pga-championship\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/us-pga-championship\">PGA Championship<\/a>, which is how golf operates now on many other weeks of the year. And nobody will be fixated on the prize money either, which is how golf has landed itself in an existential crisis, mortgaging its future to live beyond its means.<\/p>\n<p class=\"c-paragraph paywall \">The imminent demise of <a href=\"https:\/\/www.irishtimes.com\/tags\/liv-golf-invitational-series\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/liv-golf-invitational-series\">LIV Golf<\/a> has crystalised where greed took the game over the last four years. Because everyone assumed Saudi Arabia had limitless resources and endless patience, the <a href=\"https:\/\/www.irishtimes.com\/tags\/pga-tour\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/pga-tour\">PGA Tour<\/a> felt compelled to enter an arms race on prize money. It was a desperate act of self-preservation.<\/p>\n<p class=\"c-paragraph paywall \">The marquee players who had turned down LIV\u2019s advances expected the PGA Tour to stump up for their loyalty. In professional sport, loyalty can be couched in loving language, but invariably it has a price.<\/p>\n<p class=\"c-paragraph paywall \">In this conflict the PGA Tour have haemorrhaged money from the start. When 11 LIV players, led by Phil Mickelson, sued the PGA Tour for antitrust violations in a federal court, the tour countersued. In these disputes only the lawyers are guaranteed to win, and when the case was in full swing the PGA Tour was shelling out $5 million (about \u20ac4.2 million) a month on legal fees.<\/p>\n<p class=\"c-paragraph paywall \">At the same time, the PGA Tour were trying to finance an enhanced prize fund model to eyeball their new rivals. Almost every tournament on the LIV Tour had a purse of $20 million, so in 2023 the PGA Tour introduced \u201cdesignated\u201d events with prize funds of between $15 million and $25 million.<\/p>\n<p class=\"c-paragraph paywall \">Since then, they have streamlined that programme into eight no-cut \u201csignature\u201d events, each with a prize fund of $20 million. Perversely, it meant that in 2025, both the Open Championship and the PGA Championship, two of golf\u2019s Majors, had a smaller purse than these made-for-greed events, designed to line the pockets of the \u201cloyal\u201d elite.<\/p>\n<p class=\"c-paragraph paywall \">The PGA Tour also created what it called a \u201cPlayer Impact Program\u201d, worth a total of $100 million, which was another way of greasing the palms of the most successful players on tour.<\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Phil Mickelson with Yasir Al-Rumayyan, then chairman of LIV Golf, during the Pro-Am before last June's LIV Golf Invitational at The Centurion Club in St Albans, England. Photograph: Charlie Crowhurst\/LIV Golf\/Getty Images\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/SQUZPTJ5QBH65FTZ2LI5X5IUSM.jpg\"   width=\"800\" height=\"533\"\/>Phil Mickelson with Yasir Al-Rumayyan, then chairman of LIV Golf, during the Pro-Am before last June&#8217;s LIV Golf Invitational at The Centurion Club in St Albans, England. Photograph: Charlie Crowhurst\/LIV Golf\/Getty Images <\/p>\n<p class=\"c-paragraph paywall \">Essentially, the game was sitting at a roulette table in Vegas and betting on whatever numbers came into its head.<\/p>\n<p class=\"c-paragraph paywall \">Alan Shipnuck, author of LIV and Let Die, the definitive account of the upstart tour, wrote a superb piece about its demise on the Skratch Golf platform recently.<\/p>\n<p class=\"c-paragraph paywall \">\u201cOne of the glum realizations in the tour wars was that professional golfers \u2013 who, by definition, play the game for money \u2013 are not romantics like the rest of us,\u201d wrote Shipnuck.<\/p>\n<p class=\"c-paragraph paywall \">\u201cTurns out &#8230; swapping out a [PGA] Tour event in Hartford for a LIV event in Portland wasn\u2019t a big deal \u2013 if the price was right. \u2018What you have to understand about professional golfers is that they are all whores,\u2019 says a long-time agent with clients on both LIV and the PGA Tour. \u2018That is the starting point.\u2019\u201d<\/p>\n<p class=\"c-paragraph paywall \">The question is what happens next? Now that the PGA Tour has committed to outlandish prize funds, how can it sustain this model?<\/p>\n<p class=\"c-paragraph paywall \">\u201cIt has left the game, in my view, in a very difficult and potentially unsustainable place,\u201d said <a href=\"https:\/\/www.irishtimes.com\/tags\/paul-mcginley\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/paul-mcginley\/\">Paul McGinley<\/a> <a href=\"https:\/\/www.irishtimes.com\/sport\/golf\/2026\/04\/30\/never-made-commercial-sense-to-me-paul-mcginley-not-surprised-by-liv-golf-financial-woes\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/sport\/golf\/2026\/04\/30\/never-made-commercial-sense-to-me-paul-mcginley-not-surprised-by-liv-golf-financial-woes\/\">recently<\/a>. \u201cThe overheads and prize funds now are so huge because of LIV that the tours are under pressure. Everybody else loses, except the players.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThe tours lose \u2013 they\u2019ve got massive overheads. The public lose, because they\u2019re seeing a diluted product on TV, and are having to pay a lot more money to go to events now. The sponsors lose because they\u2019re having to spend a lot more money to sponsor the same events. The media companies lose because TV numbers are not huge. So, tell me anybody who\u2019s winning except the players here.\u201d<\/p>\n<p class=\"c-paragraph paywall \">The Saudi money was an economic shock that the game simply couldn\u2019t absorb. To stay in the fight with LIV, the PGA Tour looked to the world of private equity and at the beginning of 2024 they announced a partnership with Strategic Sports Group, who pledged up to $1.5 billion in funding. But is that a bottomless well?<\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Ian Poulter has raised interesting points about the future of the DP World Tour. Photograph: Cliff Hawkins\/Getty Images\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/6CV5YZ7RIPGY2EMFHEOHHT3LRE.jpg\"   width=\"800\" height=\"533\"\/>Ian Poulter has raised interesting points about the future of the DP World Tour. Photograph: Cliff Hawkins\/Getty Images <\/p>\n<p class=\"c-paragraph paywall \">In an otherwise self-serving interview with the Daily Telegraph last week, Ian Poulter raised some interesting points about the knock-on effect for the DP World Tour if, or when, LIV leaves the stage.<\/p>\n<p class=\"c-paragraph paywall \">The PGA Tour entered into a \u201cstrategic alliance\u201d with the <a href=\"https:\/\/www.irishtimes.com\/tags\/dp-world-tour\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/dp-world-tour\">DP World Tour<\/a> in 2021, before the advent of LIV, but after the Saudis had explored the possibility of forming a partnership with the DP World Tour.<\/p>\n<p class=\"c-paragraph paywall \">For the PGA Tour, the \u201cstrategic alliance\u201d was an act of front-foot defence. They initially paid $85 million for 15 per cent of the DP World Tour\u2019s media arm and later raised that stake to 40 per cent. But crucially, the PGA Tour also guaranteed that prize funds on the DP World Tour would not fall below $3 million for any event. In 2024 that pledge cost them about $25 million.<\/p>\n<p class=\"c-paragraph paywall \">That deal is set to be renegotiated next year. The PGA Tour recently announced 56 job cuts, and its new prize fund regime has clearly put its resources under enormous strain. Poulter\u2019s point is that if LIV disappears, will the PGA Tour continue its benevolent uncle relationship with the DP World Tour?<\/p>\n<p class=\"c-paragraph paywall \">Without that support the DP World Tour would continue to shrink. Even as it stands, it is not much more than television wallpaper for the first two-thirds of the year until the FedEx Cup concludes at the end of August and Europe\u2019s Ryder Cup class turns up for the lucrative end-of-season tournaments.<\/p>\n<p class=\"c-paragraph paywall \">Television viewing figures for the PGA Tour have stabilised in the States, the game\u2019s biggest market, but not at the kind of levels that would make advertisers climb over each other for a piece of the action.<\/p>\n<p class=\"c-paragraph paywall \">The biggest audience for the final round of a PGA tournament last year \u2013 excluding the Majors \u2013 was just less than 4.5 million. In contrast, the average audience for a regular-season NFL game was 18.7 million.<\/p>\n<p class=\"c-paragraph paywall \">The greed of the players created a spiralling dynamic in which the game started to cannibalise itself. It was always too easy just to blame the Saudis. <\/p>\n","protected":false},"excerpt":{"rendered":"This is one of the weeks where golf doesn\u2019t need to talk itself up, not that it ever&hellip;\n","protected":false},"author":2,"featured_media":952173,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4106],"tags":[41160,2826,141423,31175,4298,5227,79,16,15],"class_list":{"0":"post-952172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-golf","8":"tag-dp-world-tour","9":"tag-golf","10":"tag-liv-golf-invitational-series","11":"tag-paul-mcginley","12":"tag-pga-tour","13":"tag-phil-mickelson","14":"tag-sports","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116554874563604044","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/952172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=952172"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/952172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/952173"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=952172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=952172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=952172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}