DeChambeau hopeful LIV 'can exist forever' — SkimNews
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- LIV Golf filed for Chapter 11 bankruptcy and secured $300m (£223.57m) from BC Partners to relaunch as LIV 2.0 in 2027 after the Saudi PIF ends funding post-2026 season
- Bryson DeChambeau revealed that LIV teams generated $29m in revenue in 2026 with $21m in costs, achieving $8m EBITDA despite top-level mismanagement of finances
- Bryson DeChambeau stated that LIV 2.0 is not intended to compete with the PGA Tour and will focus on creating value in the global golf market through a financially sustainable model
- Bryson DeChambeau said his loss to Rory McIlroy at the 2025 Masters was a humbling experience that helped shape him into a better person, calling such moments essential for growth
- LIV Golf restructuring follows player departures, including Jon Rahm, Tyrrell Hatton, and Sergio Garcia, who have indicated they will not participate in LIV 2.0
Why it matters: LIV Golf’s shift from a PGA Tour rival to a non-combative league backed by private equity changes its stakeholder appeal — existing teams lose financial backing but gain a restructured path forward, while players like DeChambeau bet on long-term viability over short-term competition, with $300m in new funding hinging on operational discipline absent in the prior model.
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