LIV Golf Denies Claim That Players Aren't Receiving Prize Money

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LIV Golf (LIVGolfInv) is again denying that players' prize money won in events is applied against their respective up-front money

LIV Golf is again denying that players' prize money won in events is applied against their respective up-front money.three LIV Golf players were attempting to gain a special temporary injunctionDuring the hearing, the LIV players' attorney, Robert Walters, said in what appeared to be an off-handed remark about player compensation to judge Beth Labson Freeman.

Judge Freeman: "Well, these contracts provide for payments simply for showing up for the first tournament." Robert Walters: "Well, they do, but then they have to win money in order to recoup against the contract, so they are a little bit different." The point was not followed up on during the proceedings, but it’s been an issue ever since the LIV Golf Invitational Series launched in June outside of London: Are the players only getting prize money once the amount exceeds their guaranteed pay?

 

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LIVGolfInv The good news is: the more these players make, the less there is for hijackers.

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