LIV Golf postpones New Orleans event set for June
Amidst rumors of cancellation, LIV Golf has postponed a New Orleans event that had been set for June. Here's what to know.
Although rumors of LIV Golf shutting down were quelled by CEO Scott O'Neil's insistence that everything was just fine and going "exactly as planned," the company has officially postponed an event. The LIV Golf Louisiana event, set for June this year in New Orleans, has been postponed indefinitely. Per reports , Secretary of Louisiana Economic Development Susan Bourgeois reached out to O'Neil to discuss the future of the event after initial news came out that Saudi Arabia's Public Investment Fund was preparing to defund the league .
The two agreed to postpone the event. Louisiana was expected to spend $7 million to host LIV at New Orleans’ Bayou Oaks in City Park, with $5 million of that cost coming from the league's hosting fees. LIV Golf reportedly has agreed to pay back the $1.
2 million that they'd already received. Will the Louisiana event be canceled outright? That doesn't appear to be the case for now.
Reports indicate that Bourgeois and O'Neil "hope to return to the table" to discuss a different tournament format or "re-envisioned event" for the fall. LIV Golf does not currently have any events scheduled for their fall season. The final event currently on LIV's schedule is the team championship set for August.