Saudi Arabia's Public Investment Fund plans to end its financial backing of LIV Golf after this season, the Wall Street Journal reported Wednesday, April 29, and the league plans to tell players and staff by Thursday.
The news means Dustin Johnson, Phil Mickelson, Jon Rahm, Bryson DeChambeau and dozens of other pro golfers who abandoned the PGA Tour for nine-figure guaranteed contracts are now facing an uncertain future.
And likely a humbling return to the tour they left.
The confirmation comes after two weeks of escalating reports, denials and deleted interviews. When a handful of outlets, including the Athletic, Wall Street Journal and Financial Times reported that PIF was pulling its funding, LIV announcers took to the airwaves to attack those outlets as rumor mongers.
The news lands as LIV's operational problems are mounting.
