NEW $405 million LIV Golf League confirmed for 2023 with 12 established captains
"Our franchise model will bring new energy and excitement to fans from all corners of the world, establishing a league of teams to connect and grow with," says Greg Norman.
LIV Golf has confirmed it will officially launch a LIV Golf League in 2023 that will comprise of 12 established team franchises competing over a 14-tournament schedule.
The Saudi-funded golf league will see 48 players compete for a total of $405 million in prize money during the 2023 season, which is up from the $255 million on offer in its debut eight-event season of 2022.
2023 League
48 Players
12 Established Team Franchises
14 Event Schedule#LIVGolf pic.twitter.com/Diqt4GZAJH— LIV Golf (@LIVGolfInv) July 27, 2022
LIV Golf will now form the first ever golf league of its kind with 12 teams led by one established Team Captain, who will not only compete in the 14 tournaments of the season but will be able to make franchise decisions based on fan and sponsor interest.
At the end of the season, there will be a Team World Championship match play grand final to determine the winning LIV Golf team.
A schedule was not announced but plans are to go to Australia, Asia, Middle East and Europe.
Related: Is adidas Golf planning to buy a LIV Golf team for $1 billion?!
Rumour: Hideki Matsuyama has been offered $400 million to join LIV Golf
"LIV Golf's expanding global platform will add a new dimension to the golf ecosystem as we know it, one that provides an opportunity for players and fans around the world to help maximize our beloved sport's true potential," said Greg Norman, LIV Golf CEO and Commissioner.
"Our franchise model will bring new energy and excitement to fans from all corners of the world, establishing a league of teams to connect and grow with.
"The International Series will attract new talent and offer unprecedented pathways that develop the next generation of stars. LIV Golf is committed to making sustainable investments that grow the game now and for the future, and we are proud to turn these dreams into a reality."
According to LIV Golf, its players will also be "expected to play in numerous" LIV Golf International Series events on the Asian Tour.
In total, LIV Golf will therefore be involved in 25 tournaments around the world as they continue to go up against the PGA Tour.
As Sky Sports' Jamie Weir points out in his tweet below, how players on LIV Golf will like the increase in events exactly (given many of them have said how they wish to play less golf and spend more time with their families) remains to be seen.
There goes the plan to play less golf pic.twitter.com/YeFPxxq3IS
— Jamie Weir (@jamiecweir) July 27, 2022
As was confirmed yesterday, golfers will have a chance to earn promotion to the LIV Golf League.
It is understood that none of the LIV Golf events will clash with the four major championships, or the Ryder Cup or Presidents Cup.
Next Page: Bubba Watson is set to be announced as the next LIV Golf player and team captain
Andy first joined the brand on a month's work experience back in April 2011, and he now assumes the Editor role. When Andy joined GolfMagic it was a small site with potential.
