LIV Golf stated on Tuesday that, with to a $2 billion investment, it will host two more tournaments in 2023 before establishing its entire super league in 2024.
The LIV Golf Invitational Series, which consists of eight tournaments, will begin next month outside of London with a record $25 million event, with $4 million going to the winner and around $120,000 going to the last-place finisher in the 54-hole event. Because the tournament clashed with the PGA Tour’s RBC Canadian Open on June 9-11, any interested player had to acquire a release to compete. The PGA Tour commissioner, Jay Monahan, had until Tuesday to grant or deny those releases.
Norman defended the source of the funds, telling the BBC that they are planning to transform the golf environment over the next “decades.”
Norman stated in a statement, “We have a long-term vision and we’re here to stay.” “We’re going to expand the game, provide more opportunities to play, and give fans a more entertaining product….” We know it won’t happen quickly, but we’re looking forward to the potential LIV Golf will bring to the game as we expand.”
