LIV Golf cancels Michigan tournament, to end season this week
ESPN • • sports
Key Points:
- LIV Golf has canceled its individual and team championship scheduled for August 27-30 in Plymouth, Michigan, making this week's Indianapolis tournament the final event of the season.
- The cancellation is part of efforts to reduce financial costs as LIV Golf transitions into a new league model owned by players and focused on sustainability and growth in key markets.
- Jon Rahm has already secured the individual season title for the third consecutive year, while the upcoming Indianapolis event will determine the second and third place finishers and the top team.
- LIV Golf also canceled planned concerts featuring Thomas Rhett and Disco Lines, acknowledging the disappointment caused to fans and stakeholders.
- The league is seeking $250-$300 million in new funding after Saudi Arabia's Public Investment Fund ended its financial support, with plans to finalize an investment deal by September and restructure ownership to make players majority equity holders.
