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LIV Golf Secures $250M Investment, Details 'Next Chapter' with Players as 'Majority Equity Holders'
['Scott Polacek', 'Bleacher Report']
Bleacher Report - Front Page
"Notably, our next chapter will make our players the majority equity holders in LIV Golf, a first for a major global sports league, and gives the League the foundation to keep growing the game worldwide.
According to Cannizzaro, the proposed structure for LIV Golf 2.0 features 10 events in 2027 with players owning a majority equity stake.
Still, as Cannizzaro explained, there remains plenty of uncertainty surrounding LIV Golf even with a new investor.
There haven't been many headline additions after that initial wave, and Koepka and Patrick Reed both decided to return to the PGA Tour.
Meanwhile, the PGA Tour is seeing its best television ratings in 20 years.