Report: LIV Golf Louisiana event will be postponed
The New Orleans event was one of five LIV Golf tournaments scheduled to be held inside the United States this season.
LIV Golf New Orleans is being postponed. (Joseph Weiser/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images Just a few weeks after significant questions were raised about LIV Golf’s financial status and future, the league’s June event in New Orleans will be postponed, according to multiple reports. LIV Golf Louisiana, which was set to kick off on June 25, will be postponed, according to both WDSU in Louisiana and The Athletic’s Brody Miller .
It’s unclear when the tournament is being pushed to, though an official announcement is expected on Tuesday. The reported postponement comes just weeks after reports surfaced about LIV Golf’s financial future . Multiple media outlets reported earlier this month that Saudi Arabia’s Public Investment Fund, which backs LIV Golf, was set to withdraw its investment in the league.
Despite landing several big names in the sport — including Bryson DeChambeau, Jon Rahm and Phil Mickelson, among others — LIV Golf has struggled to gain traction since it started in 2022 and has lost a significant amount of money. LIV Golf CEO Scott O’Neil countered the reports, writing in an email to his staff on April 15 that the league was fully funded and continuing on “exactly as planned, uninterrupted and at full throttle. ” LIV Golf held its Mexico City event earlier this month as scheduled, too.
In the wake of the reports questioning LIV’s financial future, Secretary of Louisiana Economic Development Susan Bourgeois publicly reached out to O’Neil to talk about the New Orleans event. They spoke on Friday, according to The Athletic, and agreed to postpone the event “due to LIV Golf’s changing business model. ” The state of Louisiana was set to spend about $7 million to bring the LIV Golf event to New Orleans.