Rory McIlroy Doubts PGA Tour and LIV Golf Merger Amid Irresponsible Spending
Image Source: Internet
Professional golfer Rory McIlroy expressed skepticism about a potential merger between the PGA Tour and LIV Golf, citing the Saudi-backed league's 'irrational' spending habits. Speaking at the CNBC CEO Council Forum, the world's No. 2-ranked golfer acknowledged the benefits of unification in golf but believes it's unlikely in the near future. McIlroy pointed to the examples of boxing and motor racing, which have been fragmented for years. However, LIV Golf's financial situation is a major obstacle to reunification. Despite incurring over $1.4 billion in losses in its first four years, the league continues to invest heavily, with a reported $400 million allocated for prize money in 2024. The league has also expanded its format to 72 holes in 2026, seeking to earn Official World Golf Ranking points for its events. With several high-profile players nearing the end of their contracts, LIV Golf will need to continue spending to maintain its current level of investment. McIlroy noted that the league has already spent around $5-6 billion and will likely need to invest another $5-6 billion to maintain its current status quo. While McIlroy expressed confidence in the PGA Tour, he acknowledged that the future is uncertain. 'I'm way more comfortable being on the PGA Tour side than on their side, but who knows what'll happen?' he said. The golf world remains divided, and a merger between the PGA Tour and LIV Golf seems unlikely in the near future.
