Report divulges key details of LIV Golf 2.0 and plans to keep hold of Bryson DeChambeau
LIV Golf are hitting the market hard to try and secure fresh investment to keep the league going in 2027.
LIV Golf's post-Saudi era could feature more emphasis on individual play, according a report.
The breakaway tour faces a race against time to secure funding for 2027 season after Saudi Arabia announced they are withdrawing their multibillion dollar backing when this year's campaign ends.
In recent weeks, LIV Golf chiefs have been developing a fresh business plan to take to the market.
Pitches began this week, according to Sports Business Journal, and even LIV lynchpin Bryson DeChambeau has been involved in trying to sell the product to private equity groups, media companies and ultra-wealthy individuals and families.
Details of what exactly they have been pitching have been sparse, but Yahoo Sports claim to have got their hands on a pitch deck for LIV's 2.0 iteration.
It features glossy slogans such as "Restrictions Lifted. Upside Unlocked" and "A Global Platform Built For Growth".
Key details include:
- LIV will return most commercial rights to its players
- Players will be given more equity in the league
- LIV Golf's schedule will feature five 'signature events' and five 'team majors'
- The signature events will feature individual play only to increase players' Official World Golf Ranking points
- Prize purses will be dramatically reduced to $5-10m
Read the full report here.
Presumably, the first point will likely appeal to the aforementioned DeChambeau as it means he would be able to market and monetise his image in a way that few professional leagues permit.
DeChambeau has made it clear that one of the stumbling blocks over a hypothetical PGA Tour return would be over content creation on YouTube.
Giving players more equity will also appeal to golfers thinking of leaving LIV.
LIV are also reportedly planning on reducing their schedule from 14 events to 10, with five 'signature' tournaments and five 'team majors'.
It seems as though LIV 2.0 will feature more 72-hole tournaments with a 36-hole cut.
A more traditional format will give LIV players the chance to boost their standing in the Official World Golf Ranking (OWGR) to qualify for the four men's majors.
As things stand, only the top 10 finishers at LIV events are awarded OWGR points.
It remains to be seen whether or not LIV will have a future after its Saudi funding dries up.
The league are currently in Spain staging their eighth event of the season.
Several LIV players have spoken optimistically at their chances of survival.
Former Masters champion Sergio Garcia said he was more worried about what LIV will look like in 2027 and not whether it survives.
"I think that's where we are, and we're trying to figure out the best way possible moving forward and how we can be excited for all of us, not only ourselves but our fans, our sponsors, everyone that is involved," Garcia said.
LIV Golf's 2024 marquee signing, Jon Rahm, said he's "staying in his own lane" as LIV attempts to survive.
"My job is to play golf," he said.
Rahm added: "I know nothing about business. I'm never going to claim to know anything about business, and if I was in a business pitch, I would not know the first thing to say.
"My job is to play golf, and I'll say it's is hard enough as it is, especially this week."

