Henrik Stenson RESIGNS DP World Tour membership then reveals BIG fines!
LIV Golf's Henrik Stenson resigns from the DP World Tour.
Henrik Stenson has revealed he has officially resigned his DP World Tour membership in light of receiving hefty fines for his involvement on LIV Golf.
Stenson, 47, was sacked as 2023 European Ryder Cup captain and replaced by Luke Donald last season after it emerged he was moving over to the Saudi-backed league. Incredibly, Stenson went on to win that week in his first LIV Golf start in Bedminster.
Related: DP World Tour pro fined £675k and banned for eight events
The Swede, who won 11 times on the European Tour including two Race to Dubai titles in 2013 and 2016, is understood to have accepted a signing-on fee to join LIV Golf in the region of $50m.
In an interview with Golf Digest's John Huggan ahead of LIV Golf Tulsa this week, Stenson revealed great sadness in confirming his departure from the DP World Tour but that he was left no other alternative given the hefty fines that were landing on his doormat.
Stenson told Huggan:
Stenson also told Huggan he estimates his fines add up to around £50,000 to £75,000 per LIV Golf event that he has competed in, which stands at 10 tournaments prior to this week in Tulsa.
If that's the lowest amount he estimates then that's a total of £500,000, which is the exact figure James Corrigan was quoting earlier this week.
Stenson said:
Corrigan is tonight reporting that Martin Kaymer is likely the next big name set to resign his DP World Tour membership.
This is as a result of the DP World Tour's latest news that they have banned and fined 26 players for competing on LIV Golf and Asian Tour events.
Corrigan writes:
Stenson now officially becomes the fifth LIV Golf player to terminate his DP World Tour membership following Lee Westwood, Ian Poulter, Sergio Garcia and Richard Bland.
Garcia is still the only one not to have paid up his initial £100k fine.
Stenson ranks fifth in all-time European Tour career earnings with €29m.
Westwood is second on €38m, with Garcia in third on €30m.
Rory McIlroy leads the way on €45m.
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