LIV Golf denies speculation that players aren’t getting prize money

LIV Golf has gained notoriety for its ludicrous payouts and contract affords, although in latest days rumors have circulated that such monetary phrases are partially doubtful. 

Their validity got here into query Tuesday, throughout a listening to for 3 LIV golfers at present suspended by the PGA Tour who sought emergency aid to compete within the tour’s FedEx Cup Playoffs.

Beth Labson Freeman, the choose for the case, famous that the contracts given by the Saudi-backed golf league requires instant funds “simply for showing up for the first tournament.” Robert Waters, the players’ legal professional, appeared to insinuate in any other case, nonetheless. 

“Well, they do, but then they have to win money in order to recoup against the contract, so they are a little bit different,” Waters defined.

LIV Golf, although, abruptly shut down the concept that players obtain prize money provided that the quantity tops their assured pay.

LIV Golf CEO/Commissioner Greg Norman
Icon Sportswire through Getty Photos

“I haven’t yet received the transcript from the proceedings [Tuesday], but it seems there is a misunderstanding regarding prize purses,’’ Atul Khosla, president and chief operating officer of LIV Golf, said in a memo. “This issue is simple, and we’ve addressed it before. Prize money is of course separate from the contractual monies that players earn. As you already know, prize money is not subtracted from a player’s contractual earnings. That’s all there is to it.”

“We maintain that every player’s contract is separate from prize money,” a LIV spokesperson also told Sports Illustrated

Earlier this summer season, at LIV’s event outdoors Portland, Ore., Brooks Koepka, amongst others, have been additionally requested whether or not their event winnings counted towards the moneey they acquired for becoming a member of the league and so they mentioned that was not the case.  

In the meantime, the three players — Talor Gooch, Hudson Swafford and Matt Jones — didn’t obtain a short lived injunction.

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