LIV Golf's future is uncertain as the Saudi Public Investment Fund may withdraw support after the 2026 season. This situation leaves players like Bryson DeChambeau and Jon Rahm in limbo regarding their careers.
Key points
LIV Golf was founded with backing from Saudi Arabiaâs Public Investment Fund.
The fund has reportedly spent over $5 billion on LIV Golf.
LIV Golf's future may be in jeopardy after the 2026 season.
CEO Scott OâNeil confirmed the 2026 season will proceed as planned.
The Saudi PIF did not mention LIV Golf in its 2026-2030 strategic vision.
Mentioned in this story
LIV GolfSaudi Public Investment FundBryson DeChambeauJon Rahm
LIV Golfâs uncertain future leaves Bryson DeChambeau, Jon Rahm and others in limbo
LIV Golf disrupted professional golf's status quo when it began poaching players and holding its own tournaments in 2022, backed by the hefty wallet of Saudi Arabiaâs Public Investment Fund (PIF). It created division within the sport as several notable former major tournament winners elected to take historic pay days to defect from the PGA Tour.
The Saudi sovereign wealth fund, which has reportedly spent more than $5 billion founding and operating LIV Golf, could pull its money following the 2026 season as part of a strategic shift, according to multiple reports. LIV Golf CEO Scott OâNeil wrote in an email to staff on Wednesday, April 15 that the 2026 season would "continue as planned," but he did not comment on the state of the company beyond this year. The Saudi Public Investment Fund also did not mention LIV Golf in a news release Tuesday announcing its 2026-2030 strategic vision.
That leaves a lot of golfers in limbo moving forward, from big stars such as Bryson DeChambeau and Jon Rahm to recent additions such as reigning NCAA champion Michael La Sasso. There were 57 golfers in the field for the LIV Golf Mexico City tournament this week.
Will every LIV golfer wind up back on the PGA Tour? The process won't be straightforward, and not simply because PGA Tour officials and existing PGA Tour golfers don't necessarily want them to return. Brooks Koepka and are already taking two different pathways after leaving LIV Golf in favor of a PGA Tour comeback before the 2026 season, and they're not the only ones to switch back to the PGA Tour from LIV Golf this year.
Q&A
What is the future of LIV Golf after 2026?
LIV Golf's future is uncertain, with reports suggesting that the Saudi Public Investment Fund may withdraw its financial support after the 2026 season.
How much has the Saudi Public Investment Fund invested in LIV Golf?
The Saudi Public Investment Fund has reportedly spent over $5 billion on founding and operating LIV Golf since its inception.
What impact does LIV Golf's uncertainty have on players like Bryson DeChambeau and Jon Rahm?
The uncertainty surrounding LIV Golf leaves players like Bryson DeChambeau and Jon Rahm in limbo regarding their future in professional golf.
Why did LIV Golf create division within the sport?
LIV Golf disrupted the professional golf landscape by poaching players from the PGA Tour, leading to significant divisions among golfers and fans.
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Here's a breakdown of what the process of allowing LIV Golf competitors back to the PGA Tour could look like and how the PGA Tour handled recent situations with defectors who wanted to return:
Feb. 8: Chris Gotterup raises the trophy after winning the WM Phoenix Open golf tournament at TPC Scottsdale.
Feb. 1: Justin Rose holds the trophy after winning the Farmers Insurance Open golf tournament at Torrey Pines Municipal Golf Course - South Course.
Golfers who have won PGA Tour events in 2026 season
Jan. 18: Chris Gotterup holds the championship trophy after winning the Sony Open at the Waialae Country Club in Hawaii.
Can LIV Golf players return to the PGA Tour?
Yes, but the circumstances and initial status awarded by the PGA Tour will depend on the golfer, and on what terms they left the PGA Tour.
Brian Rolapp, the PGA Tour's new CEO, indicated in his most recent public comments he was open to allowing more golfers who defected to LIV Golf to return to the PGA Tour if it made the PGA Tour stronger. But Rolapp emphasized it was not one of the PGA Tour's priorities as it eyes a revamped schedule beginning next year.
How did Brooks Koepka flip from LIV Golf to PGA Tour?
Koepka and Reed have provided a glimpse into what the difference could look like in terms of earning re-entry into the PGA Tour.
Koepka announced in December he had agreed with LIV Golf officials to forgo the final year of his contract and applied for reinstatement to the PGA Tour. Koepka is permitted to play in PGA Tour events throughout this season because of the Returning Member Program, which was introduced in January for golfers "who have been away from the (PGA) Tour for at least two years and have won The Players Championship, Masters Tournament, PGA Championship, U.S. Open or The Open Championship during the 2022-2025 seasons."
Koepka will not receive any payment from the FedEx Cup bonus program for the 2026 season and he's ineligible to earn equity from the player equity program for the next five years (2026-2030). Koepka could miss out on approximately $50 million to $85 million in potential equity earnings, according to the PGA Tour, depending on his competitive performance and the Tour's growth.
Koepka also agreed to make a $5 million charitable contribution to an agreed-upon organization. He had to qualify for signature events this season and is ineligible for sponsor exemptions into those fields. Other tournament fields have been expanded to accommodate Koepka's presence in order to ensure PGA Tour golfers didn't lose a spot this season due to his return.
The Returning Member Program was created in response to Koepka applying for reinstatement to the PGA Tour, as well as PGA Tour research that showed fans wanted to see the best golfers competing together more often. It would have also allowed DeChambeau, Rahm and Cam Smith to return to the PGA Tour had they applied for reinstatement and accepted the terms of the program before Feb. 2.
Rolapp indicated in March he expected the Returning Member Program to be a one-time opportunity.
"I don't know the contractual relationship or the terms of others on the LIV Tour, and they have contracts and those should be honored," Rolapp said. "But we do have a pathway; Patrick Reed is clearly taking advantage of that pathway as he's, I guess, out of his contractual commitment. And so I think the LIV players know what those pathways are, and until they change, those are the pathways."
How is LIV Golf's Patrick Reed returning to the PGA Tour?
Reed announced in February he is seeking reinstatement for the 2027 PGA Tour season under its past champion category and could play in some events this year.
Since Reed last played in a LIV Golf event on Aug. 24, 2025, and because he resigned his PGA Tour membership in 2022 before joining LIV Golf, he is eligible to compete again on the PGA Tour as a non-member on Aug. 25, provided that he complies with PGA Tour regulations and does not participate in additional unauthorized events. He is also allowed to improve his potential status on the PGA Tour by playing on the DP World Tour.
Reed, like Koepka, will be ineligible to participate in the PGA Tour's lucrative Player Equity Program through 2030, even if he were reinstated for 2027. Reed previously said his contract with LIV Golf had expired following the 2025 season.
Na last played in what the PGA Tour calls an unauthorized tournament on Aug. 24, 2025 and is currently facing disciplinary action, according to Golfweek. Perez had his membership reinstated in January 2026 and is eligible to return on Jan. 1, 2027. Swafford is also eligible to play on the PGA Tour on Jan. 1, 2027.
What about LIV Golf members without a PGA Tour win?
Though the PGA Tour hasn't stated anything specifically related to former members who defected to LIV Golf and never won a PGA Tour event before leaving, the PGA Tour has longstanding pathways to be eligible to play in PGA Tour events.
There are sponsor exemptions to individual tournaments, as well as the Korn Ferry Tour. Golfers who finish within the top 20 of the final Korn Ferry Tour standings receive a PGA Tour card for the next season. Most Korn Ferry Tour events offer eight spots in the field via an 18-hole qualifying event, according to the PGA Tour.
