New Orleans LIV Golf June tournament canceled

Key Points:

• The LIV Golf tournament scheduled for June 25-28 in New Orleans has been canceled, with plans to possibly reschedule a smaller, exposition-style event in the fall, as the league shifts its approach amid financial uncertainties.
• LIV Golf will repay the $1 million it received from the state as part of a $7.2 million incentive package, but will forfeit the remaining $4 million hosting fee; City Park has already received and used most of its $2.2 million allocation for course improvements.
• The cancellation removes a potentially significant tourist event from New Orleans’ summer calendar, which was expected to generate $60 million in local economic activity and promote the state to international audiences, particularly in Asia and Australia.
• LIV Golf, heavily funded by Saudi Arabia’s sovereign wealth fund, has struggled financially and with viewership since its 2022 launch, and recent reports indicate Saudi backers are pulling funding, casting doubt on the tour’s future beyond the current season.
• State and local officials, including Governor Jeff Landry and New Orleans Mayor Helena Moreno, declined to comment on the cancellation, reflecting ongoing uncertainty about the league’s plans and its impact on the region.