LIV Golf may have reached its conclusion.
BC Partners has abandoned its initiative to finance LIV Golf by 2027 and assist the league in transitioning to “LIV 2.0,” as reported by the Financial Times on Wednesday. LIV Golf is now reportedly looking to liquidate its remaining assets, which likely indicates the demise of a venture that once stirred significant disruption in the golfing world.
LIV Golf was struggling to navigate its way through after a tumultuous 2026 season. The Public Investment Fund of Saudi Arabia, which is said to have injected over $5 billion into the league, disclosed earlier this year that it would withdraw support from LIV Golf. Following this, LIV Golf sought Chapter 11 bankruptcy protection.
It seemed to find a potential savior in BC Partners, which appeared willing to provide new life to the venture as it endeavored to kick off “LIV 2.0” without financial backing from Saudi Arabia. BC Partners had pledged to invest around $300 million into the restructured league, contingent upon specific conditions being fulfilled. One of these stipulations involved retaining top-tier players, a challenge that LIV Golf has faced in the recent past.
Numerous leading figures have either departed LIV Golf or have made their intentions to do so known. Jon Rahm, one of the most prominent, announced his exit from LIV last month and to return to the PGA Tour if extended that opportunity.
The DP World Tour took a firm stance this fall, declaring that golfers would not be permitted to participate in both their tournaments and LIV Golf events, a practice that had been allowed in recent years. Other golfers such as Tyrrell Hatton, Sergio Garcia, Louis Oosthuizen, Ian Poulter, and Graeme McDowell have also expressed their conclusion with LIV Golf.
While he is not alone, Bryson DeChambeau seems to be the only notable figure still affiliated with “LIV 2.0.” He carries significant influence, but LIV Golf is indisputably a drastically changed league without its once prominent figures.
According to The Athletic, BC Partners no longer felt that LIV Golf had a sufficient roster of players to establish a sustainable league. There has yet to be a public comment from either LIV Golf or BC Partners. LIV Golf is scheduled to appear in court for a bankruptcy session on Thursday in New Jersey, which could officially initiate the liquidation procedure.
It now appears that “LIV 2.0” may never make it to the fairway.
What lies ahead for Bryson DeChambeau?
The response of the PGA Tour and DP World Tour to LIV Golf potentially shutting down for good, should that become official, remains uncertain. Nevertheless, DeChambeau undoubtedly finds himself in a challenging position with respect to his golf career.
DeChambeau achieved two victories on the LIV Golf circuit in the previous season and secured second place in the overall standings. He failed to make the cut at the first three major tournaments this season but managed to finish T14 at the British Open — although this was marked by a controversial second-round penalty at Royal Birkdale. The two-time major winner has recently been fully invested in “LIV 2.0” and mentioned last month on the “Figuring Out” podcast that he believed the reimagined league made “complete financial sense” and could survive “indefinitely.”
However, DeChambeau now appears to be without a secure future.
Bryson DeChambeau was entirely supportive of “LIV 2.0” following the league’s loss of Saudi funding.
(ASSOCIATED PRESS)
Considering the current circumstances, DeChambeau could decide to play on the DP World Tour for an entire season to regain his PGA Tour card. Patrick Reed, who has moved on from LIV Golf, has dedicated the entire 2026 season to that endeavor and will be returning to the PGA Tour next year.
DeChambeau might also negotiate a deal with the PGA Tour for an immediate return. Brooks Koepka secured a deal in January, although the “Returning Member’s Program” cost him approximately $85 million in lost earnings. It remains uncertain if the Tour would extend a similar offer again or how it would be structured this time.
Alternatively, DeChambeau could continue pursuing his own path and participate solely in major championships. He expressed interest earlier this year in expanding his YouTube channel and “playing in tournaments that welcome me.” However, this option likely would not prove sustainable in the long run unless he maintains a strong performance in major tournaments.
