The Saudi Public Investment Fund (PIF) has announced it will stop subsidizing the LIV Golf League after the 2026 season, according to multiple reports. The decision ends the guaranteed $30 million prize funds and massive signing fees that lured top players like Phil Mickelson and Dustin Johnson since 2022.
LIV Golf will transition to a self-sustaining model, relying on sponsorship and revenue. The move escalates tensions with the PGA Tour, which had been in merger talks with PIF. No agreement has been reached as of May 2026.
Players on LIV Golf face uncertain futures, with some contracts expiring. The league's future viability is questioned, as it has not turned a profit since its launch.