Updated
Updated · Fox News · Jul 23
LIV Golf Likely Cancels Aug. 27 Michigan Team Championship as Saudi Funding Exit Jeopardizes 2027
Updated
Updated · Fox News · Jul 23

LIV Golf Likely Cancels Aug. 27 Michigan Team Championship as Saudi Funding Exit Jeopardizes 2027

3 articles · Updated · Fox News · Jul 23

Summary

  • Michigan’s Aug. 27-30 LIV Team Championship now has just a 5% chance of going ahead, Martin Kaymer said after a captains’ meeting that offered little clarity on next season.
  • Saudi Arabia’s Public Investment Fund plans to stop funding LIV after the 2026 season, leaving CEO Scott O’Neil seeking roughly $300 million to $350 million from new investors to keep the tour running in 2027.
  • Indianapolis’ Aug. 20-23 Individual Championship is still expected to proceed, and Golf Channel reported the team finale could be moved there instead of remaining a separate Michigan event.
  • The likely Michigan cancellation would follow LIV’s dropped Louisiana tournament and deepen uncertainty over whether players stay, return to the PGA Tour, or wait for a broader reset of the league.

Insights

With LIV's future in doubt, what happens to the massive, multi-year contracts of superstars like Jon Rahm?
Is the Saudi funding halt a genuine retreat or a strategic play to force LIV into a sustainable model?