LIV Golf reportedly close to securing major new investment

Multiple reports confirm LIV Golf is closing in on a $250-300M investment deal to keep the league afloat beyond 2026, with a 'LIV 2.0' rebrand and player ownership model. The Michigan event has been cancelled. PGA Tour insiders say they are unbothered, viewing LIV as scaling back. This directly impacts the ongoing golf landscape shifts including the PGA/DP World/Asian Tour alliance and LIV's reduced 12-event season.