LIV Golf reportedly postpones June tournament in New Orleans
Key Points:
- LIV Golf is postponing its June tournament in New Orleans, originally scheduled for June 25-28 at Bayou Oaks at City Park, with the event potentially rescheduled for the fall after the team championship in Michigan.
- The postponement was agreed upon after a discussion between LIV CEO Scott O’Neil and Louisiana’s Secretary for Economic Development, Susan Bourgeois.
- Louisiana had planned to spend around $7 million to host the event, including $5 million in hosting fees, of which LIV will return $1.2 million already received; however, $2 million has already been spent on course renovations.
- LIV Golf has not issued an official statement regarding the postponement, and its next scheduled event is set for May 7-10 in Washington, D.C., followed by tournaments in South Korea, Spain, and later the U.K. in July.
- The postponement comes amid reports of LIV potentially losing funding from Saudi Arabia’s Public Investment Fund, despite CEO O’Neil’s earlier assurances that the fifth season would continue “full throttle.”