LIV Golf Postpones New Orleans Tournament
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- LIV Golf postponed its New Orleans tournament, originally set for June 25‑28, to an unspecified fall date.
- Public Investment Fund withdrew its financing beyond this season, ending a $5 bn investment streak.
- Louisiana Economic Development had spent $2 M on course upgrades and will return $1.2 M already received.
- Scott O'Neil warned the league must act like a private‑equity business to survive after the funding cut.
Why it matters: Louisiana Economic Development recovers $1.2 M while LIV Golf forfeits a $2 M venue investment, jeopardizing its sponsor pipeline and TV ratings as the league scrambles for new funding.
