Super Golf League Outline "Only 8 Tournaments with a 309.3 Billion Won Money Bomb"... When is the Opening Match?

Saudi Sovereign Wealth Fund-Backed 'LIV Golf Invitational Series' Starts June in London, UK, $25 Million per Event, $50 Million Final

[Asia Economy Reporter Kim Hyun-jun, Golf Specialist] "Total prize money of 255 million dollars (309.3 billion KRW) money bomb."

Greg Norman, CEO of LIV Golf Investments, revealed the operation plan for the ‘LIV Golf Invitational Series’, also known as the Super Golf League (SGL), on the 17th (Korean time). Forty-eight players are divided into 12 teams through a draft system and compete in a 3-round, 54-hole format without a cut-off. The big news starts with the fact that each tournament offers 25 million dollars (3.03 billion KRW) in prize money, including 20 million dollars for individual competition and 5 million dollars for team competition. This is even more than The Players Championship (20 million dollars), known as the ‘fifth major’ on the PGA Tour, which ended on the 15th.

This means they intend to lure top-ranked players with money. In fact, the individual champion can win a 4 million dollar prize and, combined with team prize money, can instantly hit a ‘5 million dollar jackpot’. Starting on June 9 in London, England, seven tournaments will be held in the United States, Thailand, Saudi Arabia, and other locations, and the top three players will receive an astronomical bonus of 30 million dollars (3.64 billion KRW). The 2020 season will conclude at the end of October with a 50 million dollar (60.65 billion KRW) Team Championship (team competition).

The participating players have not yet been announced, and courses such as Centurion in London, England; Pumpkin Ridge in Portland, Oregon, USA; Trump National Bedminster in New Jersey, USA; and The International Golf Club in Boston, Massachusetts, USA are included as host courses. The LIV Series is a new professional golf tour sponsored by the Saudi Arabian Public Investment Fund (PIF). It has already caused a stir with rumors of signing world stars like Dustin Johnson, ‘The Hulk’ Bryson DeChambeau, and Phil Mickelson (all from the USA).

The PGA Tour has responded strongly by warning its members that "joining the LIV Series will result in expulsion." Most players have declared their intention to remain on the PGA Tour, leading to predictions that "it will be difficult for the tour to even start." Norman, who said "our goal is long-term vision and growth," appealed, "Another tour is needed for the diversity of golf," and added, "The tournament schedule has also been adjusted so as not to overlap with the four major PGA Tour events."

This content was produced with the assistance of AI translation services.