NewsFree365
City—°AQI —
Trending India
BreakingWorld NewsIndiaSportsBusinessBanking & EconomicsPoliticsMarketsCrypto

Top movers

Live 24/7 Policy Wire

Real-time policy intelligence, without the noise.

Continuous verified updates spanning geopolitics, regulation, and live markets.

Open Live WireTrending Desk
NewsFree365

Clear, verified reporting. Every report links directly to primary sources.

8 Desks OperationalLive

Global Coverage Desks

BreakingWorld NewsIndiaSportsBusinessBanking & EconomicsPoliticsMarketsCrypto

Platform

  • Global Wire
  • Trending Desk
  • Newsroom Mission
  • Editorial Contact
  • Sitemap

Standards & Legal

  • Editorial Standards
  • Privacy Standards
  • Terms of Use
  • Cookie Settings

© 2026 NewsFree365. All rights reserved.

PrivacyTermsCookiesSitemap
NEWSFREE365
All news
Home/News/Sports
Sports
Aug 19, 2026, 9:01 AM·2 views

LIV Golf Cuts $30M in Prize Money From End of Season

LIV Golf has cut $30 million of prize money from the conclusion of its 2026 season amid the cancelation of its Michigan finale that was scheduled for next week. This week’s LIV Golf Indianapolis event—now the season…

NewsFree365LIV Golf Cuts $30M in Prize Money From End of Season

LIV Golf has cut $30 million of prize money from the conclusion of its 2026 season amid the cancelation of its Michigan finale that was scheduled for next week. This week’s LIV Golf Indianapolis.

LIV Golf has cut $30 million of prize money from the conclusion of its 2026 season amid the cancelation of its Michigan finale that was scheduled for next week.

This week’s LIV Golf Indianapolis event—now the season finale—will pay out a $10.1 million purse for its individual competition, which is just over half of the standard $20 million in individual prize money at LIV events. The winner will receive $2.02 million, about half the normal $4 million winner’s check.  

The team competition in Indianapolis will now serve as LIV’s season-ending team championship, paying out $30 million in prize money to the league’s 13 franchises. This season, the team competition at standard LIV events paid out $10 million purses, with money mostly going toward team operations, as opposed to directly to players. The now-canceled LIV Golf Michigan team championship event was supposed to pay out $40.1 million and crown a season-long team champion.

In total, the LIV events in Indianapolis and Michigan were supposed to pay out a combined $70.1 million in prize money; the revised Indianapolis tournament is paying out $40.1 million. 

The cash reduction means LIV players and teams have lost out on a total of $60.1 million in previously promised prize money this season, including the $30 million purse that would have been paid out at the canceled LIV Golf Louisiana event in June. LIV will conclude its 2026 season paying out a total of $370.1 million in prize money to its players and teams across 12 events.

The Saudi PIF announced in April that it would end its funding of LIV at the end of this season. LIV is in talks with BC Partners Credit about a new funding deal, but nothing has been finalized yet. Two former LIV vendors are suing the league for more than $1 million of missed payments each, and other smaller contractors have told Front Office Sports they’re owed as much as $100,000.

New Look Finale

Players are still set to receive Official World Golf Rankings points at LIV Golf Indianapolis, a factor that some sources have indicated impacted LIV’s end-of-season decision-making. The Michigan team championship, which would have featured match-play and no individual competition, was not slated to award OWGR points, which made conducting that event format less attractive to players, sources told FOS.

The revised team championship format in Indianapolis will simply compile the stroke play scores from all four players on each LIV team—the same format used all season—and the final four-round standings will determine the payouts for the team championship:

  • 1st: $8.4 million
  • 2nd: $4.8 million
  • 3rd: $3.6 million
  • 4th: $2.4 million
  • 5th: $1.95 million
  • 6th: $1.8 million
  • 7th: $1.65 million
  • 8th: $1.5 million
  • 9th: $1.2 million
  • 10th: $990,000
  • 11th: $780,000
  • 12th: $570,000
  • 13th: $360,000

The originally planned team championship payout structure ranged from $11.2 million for first place down to $480,000 for 13th.

No Change to Bonus Money

The $10 million in bonus money for LIV’s season-long individual championship points race is set to remain unchanged, according to the league’s updated media guide for Indianapolis.

While Jon Rahm has already clinched first place and its $6 million bonus, the final two slots—which pay $3 million and $1 million, respectively—will be determined this weekend. Bryson DeChambeau is guaranteed at least third place; Joaquin Niemann and Lucas Herbert are in the mix for both second or third; Tyrrell Hatton only has a chance for third; and no other players can place within the top three.

The post LIV Golf Cuts $30M in Prize Money From End of Season appeared first on Front Office Sports.

Sports Verified Source

Syndicated via official news feed

Read Full Story on Sports
Explore all Sports stories→

Syndicated feed content with full publisher credit.

Sports Desk

More in Sports

Continue reading verified coverage and related developments on this desk.

View All
NewsFree365
SPORTS26M AGO

Sri Lanka stripped of hosting Women's Champions Trophy

The International Cricket Council moves the inaugural edition of next year's Women's Champions Trophy from Sri Lanka to India.

NewsFree365
SPORTS1H AGO

Who are the free agents after transfer deadline day?

BBC Sport takes a look at the players still without a club after the 2026 summer transfer window shut.

NewsFree365
SPORTS1H AGO

'Zero excuses' - Wardley out to avenge Dubois loss

Fabio Wardley says there are zero excuses heading into his highly anticipated rematch with WBO heavyweight champion Daniel Dubois on 17 October.

NewsFree365
SPORTS1H AGO

How often does a team forfeit an innings?

BBC Sport's Ask Me Anything team looks into how often teams have forfeited an innings in the history of the County Championship

NewsFree365
SPORTS2H AGO

How Everton's deadline day debacle leaves owners facing fan mutiny

Everton's transfer deadline day debacle over Folarin Balogun leaves owners The Friedkin facing fan mutiny, says chief football writer Phil McNulty.

NewsFree365
SPORTS2H AGO

'I'll bet on this' - Vrancken backs Braga to stay at Hearts

Head coach Wouter Vrancken would wager on Claudio Braga remaining at Hearts and thinks a second full season at Tynecastle can enhance the striker's chances of a big move.

More from Sports

Latest developments and reports from the desk

All stories →
NewsFree365
SPORTS26M AGO

Sri Lanka stripped of hosting Women's Champions Trophy

The International Cricket Council moves the inaugural edition of next year's Women's Champions Trophy from Sri Lanka to India.

NewsFree365
SPORTS1H AGO

Who are the free agents after transfer deadline day?

BBC Sport takes a look at the players still without a club after the 2026 summer transfer window shut.

NewsFree365
SPORTS1H AGO

'Zero excuses' - Wardley out to avenge Dubois loss

Fabio Wardley says there are zero excuses heading into his highly anticipated rematch with WBO heavyweight champion Daniel Dubois on 17 October.

Trending Wire

Most read across all desks

See all
  1. 1
    Breaking• Sep 2, 2026, 5:53 PM

    Four in court over murder of baby stabbed to death

  2. 2
    Breaking• Sep 2, 2026, 5:48 PM

    The ‘Miracle House’ That Survived Nepal’s Floods

  3. 3
    Breaking• Sep 2, 2026, 5:41 PM

    Andy Burnham pressed on borrowing costs and spending at first PMQs – UK politics live

  4. 4
    Breaking• Sep 2, 2026, 5:43 PM

    A.I. Is to Be Banned in N.Y.C. Elementary and Middle Schools

  5. 5
    Breaking• Sep 2, 2026, 5:38 PM

    Germany’s move to blame Russia for Leipzig drone incident ‘a grave mistake,’ says Putin– Europe live

Breaking desk

Live flash reports elsewhere

  1. BreakingCarse left out of England squad for third Pakistan Test

    Sep 2, 2026, 8:06 PM · 0 views

  2. BreakingWas Paul Mescal being ‘not masculine enough’ the reason Gladiator II flopped?

    Sep 2, 2026, 8:06 PM · 0 views

  3. BreakingMaggie Gyllenhaal says film industry has a ‘systemic problem’ with sexism

    Sep 2, 2026, 7:56 PM · 0 views

  4. BreakingMessy, clever and can barely conceal its rage: is Furious the most outstanding TV show of the year?

    Sep 2, 2026, 7:47 PM · 2 views

  5. BreakingUS Open tennis 2026: Pegula, Tiafoe, Shelton and Boulter in action on day four – live

    Sep 2, 2026, 7:45 PM · 2 views

  6. BreakingFarewell Keir Starmer, a terrible politician whom we desperately wanted to be something more | Zoe Williams

    Sep 2, 2026, 7:32 PM · 2 views

All breaking news →