LIV Golf postpones New Orleans tournament, returns
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- Louisiana will return $1.2 million of state incentive funds and forfeit the remaining $4 million after paying $3.2 million for the event.
- Scott O'Neil told employees the league remains on solid financial ground despite reports the Public Investment Fund may withdraw funding at season’s end.
- LIV Golf shifted its next tournament to July 23 in Great Britain, creating a month‑long gap before the U.K. Open.
- Public Investment Fund is rumored to pull its backing, prompting concerns about the league’s cash flow.
- City Park upgrades, funded with $2 million, will stay in place for the community after the postponement.
Why it matters: Louisiana loses $4 million in anticipated revenue while LIV Golf forfeits the funds, and the league’s cash‑flow uncertainty deters sponsors, jeopardizing player prep for the U.K. Open.
