LIV Golf is a professional golf circuit supported by Saudi Arabia’s Public Investment Fund, which is overseen by Crown Prince Mohammed bin Salman. The term LIV comes from the Roman numeral 54, which is the score achieved if every hole on a par-72 course is birdied, as well as the number of holes played at LIV competitions. On June 9, 2022, the Centurion Club, outside London, England, hosted the first LIV Golf Invitational Series tournament.
While Many of Golf’s Biggest Names Are Either Competing or Competing in A Different Sport
While many of golf’s best players are competing in this week’s RBC Canadian Open or prepping for next week’s U.S. Open, a select group of well-known golfers will compete in the inaugural LIV Golf Invitational Series event in London, England, beginning on Thursday.
This new way for pro golfers to make big money has gotten a lot of attention and is shaking up the industry, but not everyone is happy with the possible consequences.
Rory McIlroy told reporters at a Canadian Open press conference on Wednesday, “It’s just a shame that it’s going to fragment the game.” “The professional game is the golf equivalent of a window shop.” When the general public is perplexed about who is playing where and what event is taking place this week, things get much more complicated. I believe that everything should strive to become more coherent, and I believe that things were heading in the right direction until everything happened.”
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What Is It, and Why Is There Such a Discussion About It?
The major source of concern is a new golf league created in 2021 and supported by Saudi Arabia’s Public Investment Fund.
Given that the same dictatorship is still in power in Saudi Arabia, its involvement in a slew of known and alleged human rights breaches, including the death of journalist Jamal Khashoggi in 2018, has sparked outrage.
Phil Mickelson, the most accomplished LIV recruit to date, told reporters in England on Wednesday, “I don’t condone human rights crimes in any way.” “No one, anywhere in the world, does.” I’m very aware of what happened to Jamal Khashoggi, and I believe it to be a heinous crime. I’ve also witnessed the positive impact that golf has had throughout history, and I believe that LIV Golf will do the same. This is why I’m here: I’m ecstatic about this opportunity.”
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What Famous Golfers Will Be in Attendance?
The first event will include seventeen golfers from the top 100 on the Official World Golf Ranking, as well as a few major winners and former world No. 1s.
The most well-known names in the field include Phil Mickelson, Louis Oosthuizen, Kevin Na, Talor Gooch, Sergio Garcia, Martin Kaymer, Graeme McDowell, Charl Schwartzel, and Lee Westwood.
As soon as the LIV Golf Invitational in London got underway on Thursday morning, PGA Tour commissioner Jay Monahan announced the suspension of 17 golfers.
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Which Part of The Appeal Is the Most Interesting?
You’ll almost certainly hear some rehashed talking points about the competition or the exciting new opportunity, and so on. It’s all about money at the end of the day.
LIV Golf is being financed by the Public Investment Fund, which is thought to be worth more than half a trillion dollars, and they are sprinkling significant quantities of money about in an attempt to grow the brand.
For Johnson to join the new league, he was reportedly promised more than $100 million. Too far, the 37-year-old has earned almost $74 million on the PGA Tour, which places him third all-time behind Tiger Woods and Phil Mickelson.
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How Do You Expect to Be Paid?
Each of the first seven events will have a $25 million purse, with $20 million going to individuals and $5 million going to the top three teams.
Individual rewards are projected to range from $4 million for the tournament winner and $120,000 for the golfer who finishes 48th. The team with the lowest score will split $3 million into equal parts; the team in second place will split $1 million, and the team in third place will split $500,000.
After the first seven events, the top three individual golfers will get a bonus of $100,000. The individual winner of the series will receive an additional $18 million, while the second and third-place finishers would receive $8 million and $4 million, respectively.
Teamwork is the focus of the eighth and final event. At this event, there will be no individual purses; instead, a $50 million purse will be distributed among the dozen teams, with prizes ranging from $16 million for first place to $1 million for 12th place.
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