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LIV Golf reportedly canceling its finale makes CEO's comments about 'incredible' Saudis look wildly foolish
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Tim Brando tells Dan Dakich why he thinks LIV never grabbed the attention of American golf fans LIV Golf's team championship will reportedly not be taking place this season. If you've been paying attention to the situation involving LIV Golf, this report of the season finale being canceled should come as no surprise. It also sums up just how dire things have become for the breakaway circuit, while simultaneously contradicting the messaging LIV CEO Scott OβNeil tried to sell to the golf world in June. According to Flushing It Golf, the team championship in Michigan is expected to officially be canceled after "multiple contractors" told the account that their travel and accommodations have been canceled and that "money is also owed." The LIV Golf logo is near the first tee during the second round of the LIV Golf Dallas golf tournament at Maridoe Golf Club in Carrollton, Texas, on June 28, 2025. (Raymond Carlin III-Imagn Images) TRUMP WEIGHS IN ON LIV GOLF, PGA TOUR AFTER SAUDIS PULL FUNDING OF STARTUP LEAGUE Flushing It's report comes just days after LIV golfer Martin Kaymer told Today's Golfer that the team championship scheduled for Aug. 27-30 was "highly unlikely" to take place. LIV Golf was unreachable for comment regarding the report of the team championship being canceled. A source with knowledge of the situation shared with OutKick that LIV continues to have positive discussions with prospective investors for LIV Golf 2.0 while working to secure funding for the circuit's future and long-term sustainability. LIV Golf signage is seen on the course before play begins on day two of the LIV Golf Invitational - Greenbrier at The Old White Course on August 05, 2023 in White Sulphur Springs, West Virginia. (Photo by Eakin Howard/Getty Images) (Eakin Howard/Getty Images) PGA TOUR CEO SHARES JARRING COMMENTS ABOUT PLAYERS RETURNING AS LIV GOLF SAUDI FUNDING DISAPPEARS The LIV team championship was supposed to offer a purse of $40 million, with $11.2 million going to the winning team. However, it is difficult to pay out that type of purse when you presumably have no money. In April, the Saudi Public Investment Fund (PIF) officially announced that it would be cutting off its funding to LIV Golf. The PIF's statement explained that its funding would remain in place through the remainder of the 2026 season, but that does not appear to be the case with the reported cancellation of the season finale. This new development of LIV potentially shutting its doors earlier than expected doesn't exactly support the claim O'Neil made during an appearance on CNBC on June 9 in which he hailed the Saudi PIF as an "incredible organization." LIV Golf CEO Scott O'Neil during day one of LIV Golf Andalucia at Real Club Valderrama on June 4, 2026 in Cadiz, Spain. (Photo by Octavio Passos/Getty Images) (Octavio Passos/Getty Images) "I can say that they've been terrific partners so far," O'Neil began, referring to the Saudis funding LIV Golf. "You have to take an incredible organization like PIF at their word, and they've been very public about funding us through the season. We are full steam ahead, the players are locked in, the management team is locked in." OUTKICK IS NOW ON THE FOX APP: CLICK HERE TO DOWNLOAD SIGN UP TO GET THE LATEST SPORTS NEWS It was reported in early 2026 that LIV Golf's net spending per month averaged $100 million in 2024 and 2025. For the 2026 campaign, LIV's fifth, Saudi PIF Governor Yasir Al Rumayyan reportedly approved a $266.6 million capital injection into the circuit. If the LIV team championship is indeed canceled, it would mark the second LIV event on the original calendar to be axed in 2026. The LIV New Orleans event scheduled for late June was originally postponed in April, and while a targeted date sometime in the fall has been rumored, it seems highly unlikely the circuit makes its way to Louisiana. LIV's next scheduled event is set for Aug. 6-9 in New York before heading to Indianapolis from August 20-23. Mark Harris is a writer for OutKick. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox Subscribed You've successfully subscribed to this newsletter!
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