Remarkably, the PGA Tour rival has been able to snag a series of star performers, pulling them from their duties during the season. According to LIV Golf, USD$16 million will go to the winning team while those who end up in last position will still go home with USD$1 million.Ĭurrently, there are 12 teams involved with 48 players signed up for the 2022 season.
There is a whopping USD$50 million reserved for the final event that will be split between the 12 four-man teams. In the Team Championship, things get even more ridiculous. The astromical figures is more than twice the entire British Masters purse, with even the man who finishes last netted a cool USD$120,000. Withint that, USD$20 million is shared between the field, while a reported USD$4 million is awarded to the winner. Across the eight events, there is a whopping USD$255 million to be won, with each regular team event offering a purse of USD$25 million. One of the most enticing aspects of the LIV Golf Tour is the staggering amount of prize money up for grabs. The eighth and final event will be our season-ending Team Championship match play event.” “At the end of those seven events, an Individual Champion will be crowned based on points accumulated throughout the season. “There will be a seven event regular season where players will compete as individuals and teams for both points and prize money,” LIV Golf explained. The LIV Golf format sees eight 54-hole no-cut stroke play tournaments and a final Team Championship, which LIV revealed would be a “seeded four-day, four-round, match play knock-out” event held at Trump National Doral Miami in October 2022. We are they are to work within the ecosystem to show that it’s a big enough space. “We are not trying to destroy the PGA tour or the European tour. “Our model is 100 per cent built around the golf ecosystem from the ground up,” Norman told Carlson. While the PGA Tour does not allow appearance fees, LIV golf does, meaning that players competing for the $20-25 million purse are also eligible to nab extra payment, while they also have the ability to score an additional $5 million prize for the team competition for each tournament. A starkly different business model to the traditional format, the LIV system allows for greater financial gain for those involved, not simply through tournament wins. Image: LIV Golf What is the LIV Golf Tournament?ĭesigned as an alternative to the current PGA Tour, the LIV Golf League aims to take the foundations of arena-style sporting events and bring them into the golfing world.
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