According to Greg Norman, the CEO of the circuit, Tiger Woods declined a $700–$800 million offer to play in the LIV Golf series, which is sponsored by Saudi Arabia.
Former world No. 1 Norman was asked by Tucker Carlson if it was true that Woods was offered $700-$800 million to join the LIV Golf series during a Fox News interview that aired on Monday.
Before I became CEO, that number was already public, Norman retorted. So, yeah, those figures are public. Look at Tiger, he moves the needle, right?
Naturally, you will look at the best of the best. Yes, that figure is something in that area because they first contacted Tiger before I became CEO.
Norman had previously revealed to the Washington Post in June that Woods had been given a substantial sum of money to take part but had declined it. The Woods proposal, according to Norman, is staggeringly large—we’re talking high nine figures.
Some well-known golfers have left the PGA Tour and the DP World Tour to join the contentious tour in exchange for large financial rewards.
The breakaway initiative, which has promised players massive money to join, has attracted major champions Phil Mickelson, Dustin Johnson, Bryson DeChambeau, Brooks Koepka, Sergio Garcia, Louis Oosthuizen, Graeme McDowell, Charl Schwartzel, and Martin Kaymer.
The Saudi Public Investment Fund (PIF), a sovereign wealth fund directed by Crown Prince Mohammed bin Salman, has funded the LIV Golf series and promised to provide $250 million in total prize money.
Rory McIlroy and Tiger Woods, among other players, have criticized the fact that players have abandoned golf’s conventional setup and accepted money from a nation with a horrible human rights record.
Woods declared he disapproved with the players that had departed prior to the July Open at St. Andrews, Scotland.
The 15-time major champion claimed, “I think what they’ve done is they’ve turned their back on what has allowed them to get to this position.”
Some of these athletes might never have the opportunity to compete in important championships. That may happen. We are not yet certain about that. All of the major championship organizations are responsible for deciding that. However, it’s possible that some golfers will never, ever have the opportunity to compete in a major event or even just take a stroll through Augusta National’s fairways.
But what is the incentive for practice given what these guys are doing for guaranteed money? What motivates someone to go out and work in the mud? Simply put, you’re playing in a few events and playing 54 holes while receiving a sizable upfront payment. They are playing loud music and have various diverse ambiances.
In particular, if the LIV organization doesn’t receive world-ranking points and the major championships adjust their entry requirements, Woods said, “I just don’t see how that move is helpful in the long run for a lot of these players.”
It would be disappointing if any of these young children never had the opportunity to experience it, to traverse these revered grounds, and to compete in these competitions.
Even Norman himself received criticism from Woods for his part in the split tour. We’re going back to perhaps the most storied and conventional area in our sport because Greg has done some things that I don’t believe are ideal for our game.
Henrik Stenson won the third competition of LIV Golf’s inaugural season on Sunday in Bedminster, New Jersey.
The 46-year-old Swede scored 11-under par at the Trump National Golf Club Bedminster to earn $4 million, almost two weeks after losing his Ryder Cup leadership for signing up for the series.
Along with him, former US President Donald Trump, who attended the entire three-day competition and owns the course, got the trophy.