Updated

Updated · Front Office Sports · Aug 18

Fresh Tape Media Sues LIV Golf for $1.23 Million as League Cancels $40 Million Finale

Updated

Updated · Front Office Sports · Aug 18

Fresh Tape Media Sues LIV Golf for $1.23 Million as League Cancels $40 Million Finale

1 articles · Updated · Front Office Sports · Aug 18

$1.23 million in unpaid invoices and interest is at the center of Fresh Tape Media’s New York lawsuit against LIV Golf, which was formally served Monday.
Eight invoices tied to LIV’s January preseason media days went unpaid between Jan. 22 and March 22, even though the league allegedly never disputed them and kept using more than 50,000 delivered images and videos.
A judge granted Fresh Tape an ex parte order after the company argued LIV might be unable to pay or could be dissipating assets; New York sheriffs have since subpoenaed 10 to 12 banks to try to freeze some funds.
LIV had already cited “current financial constraints” in settlement emails, first offering $200,000 on May 8 and then cutting that to $150,000 on June 18.
The suit adds to mounting pressure on LIV after another vendor sued for $1.1 million last month, Saudi PIF said it will end funding after this season, and the league canceled next week’s $40 million team championship.

Sources

Can unpaid media vendors successfully seize LIV Golf's remaining assets before the struggling league secures a last-minute private bailout?

As tournaments face cancellation and contractors go unpaid, will LIV's financial crisis force star golfers to abandon the league entirely?

With Saudi funding vanishing and sheriffs freezing bank accounts, is this the sudden financial collapse of the LIV Golf empire?

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