Jon Rahm Won't Save LIV Golf — And He Doesn't Have To
Summary
The Saudi Public Investment Fund will stop funding LIV Golf after the 2026 season, despite investing about $5 billion since 2021. LIV Golf is now looking for new investors to keep the league going, while top player Jon Rahm says he will focus only on playing golf, not helping with business efforts.Key Facts
- The Saudi Public Investment Fund will end its financial support for LIV Golf after 2026.
- Since 2021, the fund has invested roughly $5 billion in LIV Golf.
- LIV Golf has postponed its next event in New Orleans due to the funding situation.
- LIV Golf created a new independent board to find long-term investors and hired Ducera Partners to assist financially.
- Golfer Bryson DeChambeau is optimistic about LIV Golf’s future and wants to help find investors.
- Jon Rahm, LIV Golf’s top player and highest earner with a $300 million contract, says he will focus on playing golf and not business.
- Rahm has won 16 LIV Golf trophies and is considered the face of the league.
- LIV Golf’s survival now depends on finding investors without Rahm’s involvement in business matters.
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