LIV Golf reportedly postpones June tournament in New Orleans

LIV Golf reportedly postpones June tournament in New Orleans

Golf Channel sports

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.”

Trending Business

Trending Technology

Trending Health