LIV Golf goals to postpone its event scheduled for this summer season in New Orleans, in accordance to an announcement from Louisiana authorities officers, who say the breakaway league has expressed a need to reschedule the event for later this yr.
The announcement from Louisiana Gov. Jeff Landry and Economic Development Secretary Susan B. Bourgeois comes amid rampant hypothesis relating to the future of the Saudi-backed operation, which launched in 2022 after luring a number of the world’s high golfers away from their respective excursions with huge paydays.
“Secretary Bourgeois spoke with LIV Golf CEO Scott O’Neil on Friday and was informed that the organization seeks to postpone its June 2026 event in New Orleans to explore a potential event this fall,” the joint statement mentioned.
“We appreciate LIV’s good-faith efforts and look forward to maintaining our partnership as we continue conversations around an event later this year.”
In an announcement to the Associated Press, LIV Golf referred to as the deliberate calendar transfer a “strategic decision.”
“This shift allows us to avoid the peak summer heat and the crowded global sports calendar while ensuring the course is in the championship condition our fans and players expect,” LIV instructed AP.
LIV Golf has not responded to a request for remark, however the New Orleans match was moved to the underside of the scheduled occasions on LIV’s web site with no date listed.
Multiple stories earlier this month indicated that Saudi Arabia’s Public Investment Fund (PIF) was contemplating pulling funding from the team-based entity, which has struggled to catch on with golf followers.
LIV Golf: Business as ordinary amid funding rumors
Rumors of LIV’s doable collapse prompted CEO Scott O’Neil to say in a letter to staff, “We are heading into the heart of our 2026 schedule with the full energy of an organization that is bigger, louder, and more influential than ever before.”
“LIV Golf’s funding and operations are continuing as planned,” a supply with data of the scenario instructed NCS Sports lower than two weeks in the past.
LIV’s unsure outlook comes because the Saudi Arabian authorities has been coping with the financial fallout from the battle between the United States and Iran and the next results on oil markets that are so profitable to the Saudi authorities.
A Saudi supply aware of the matter beforehand instructed NCS that the PIF wouldn’t be pulling out of LIV Golf this yr.
“The PIF is in for this year but is restructuring as they were supposed to merge with the PGA (Tour) but that deal did not go through,” the supply mentioned. “They had been approached by some for investment or buy out but had put those on hold for the PGA talks. As of now, they are looking at all options.”
According to LIV, the group is growing its income and is monitoring $100 million forward of 2025 thus far this yr. Sponsorships and merchandise income are each up year-over-year and ticket gross sales are up 129% year-over-year.
But cracks within the league’s basis could have began to present late final yr as a pair of its higher-profile gamers moved to exit LIV regardless of its staggering prize cash.
In December, Brooks Koepka quit with a yr remaining on his contract to return to the PGA Tour, a transfer that carried vital monetary repercussions underneath the Tour’s “Returning Member Program.”
The following month, Patrick Reed additionally announced he would transfer on from LIV to search reinstatement inside the PGA Tour for the 2027 season.
The subsequent event on LIV Golf’s calendar is ready to tee off on May 7 at Trump National Golf Club in Washington, DC.
NCS’s Kyle Feldscher and David Close contributed to this report