Business & Finance
Jon Rahm wins LIV Golf points title as tour faces uncertain financial future
Saudi Arabia's sovereign wealth fund plans to exit its investment after spending over $5 billion, leaving LIV Golf seeking new backing for 2027.
The short version
- Jon Rahm secured his third consecutive individual season points title and second team championship at LIV Golf's season finale in Westfield, Indiana.
- 22-year-old Michael La Sasso won the final tournament at 18 under, finishing one stroke ahead of Rahm.
- The tour faces an uncertain future as Saudi Arabia's Public Investment Fund ends its financial backing after this season, though leadership claims a new lead investor is secured for 2027.
- LIV Golf has not disclosed the proposed investment size or financial commitments for its restructured 2027 concept, and contracts for key stars like Bryson DeChambeau are expiring.
Key facts
- Jon Rahm won his third straight LIV Golf season points title and second consecutive team crown at the season finale in Westfield, Indiana.[Associated Press]
- Michael La Sasso won the season finale tournament with a score of 18 under, finishing one stroke ahead of Rahm.[Associated Press]
- Saudi Arabia's sovereign wealth fund announced in April that it would end its financial investment in LIV Golf after five years and over $5 billion spent.[Associated Press]
- LIV Golf canceled two scheduled events during the season, including a June tournament in New Orleans and the original season-ending event in Michigan.[Associated Press]
- LIV CEO Scott O'Neil stated the tour has reached an agreement with an unnamed lead investor for 2027, with news outlets identifying the investor as Ted Goldthorpe of BC Partners.[Associated Press]
- Bryson DeChambeau's contract with LIV Golf expires this year, while Jon Rahm is under contract through next season.[Associated Press]
What remains uncertain
- The exact financial terms, investment size, and binding commitments from the prospective new lead investor remain undisclosed.[Associated Press]
- It is unknown how many top players will commit to LIV Golf's 2027 format, as player deadlines and roster structures have not been finalized.[Associated Press]