LIV Golf generated less than $100 million in revenue for 2023 season, with TV revenue of nearly $3 million: report
LIV Golf generated less than $100 million in revenue for 2023 season, with TV revenue of nearly $3 million: report
LIV Golf generated less than $100 million in revenue for 2023 season, with TV revenue of nearly $3 million: report
According to reports, LIV Golf failed to raise even $100 million for the 2023 season, and this year’s TV revenue did not exceed $3 million. This year’s LIV Golf League features 14 events, nearly half of which compete against PGA Tour events. This led to conflicting reports, but reports claim that the PGA Tour beat its rivals by a significant margin.
The PGA Tour has media deals worth $5 billion through 2030 with NBC, CBS, Warner Bros., Discovery and ESPN. It also generates $5 billion in revenue through sponsorship deals with FedEx, AT&T and Mastercard. On the other hand, there weren’t many revenue opportunities in the Saudi-backed circuit. The PIF-sponsored competition was expected to attract celebrity sponsors, but met with little success. 4Aces signed Extracurricular as an apparel sponsor and Fireballs had Mexican Infrastructure Partners as a sponsor, but it still wasn’t enough. According to Golf.com, LIV’s revenue this year did not exceed $100 million.
Earlier this year, LIV Golf signed a broadcast deal with The CW under a revenue-sharing model. The PGA Tour has raised about $700 million through the traditional model, while the Saudi-backed league has raised no more than $3 million.
According to the report, LIV spending has reached nearly $2 billion over two seasons. The fee included a more than $500 million contract with Jon Rahm, one of the biggest names in sports. It will be interesting to see if he can attract fans next season or if he can continue his poor performance in the league. Who is currently signed to LIV Golf? The roster for the 2024 season has been revised.
Currently, 9 teams have confirmed their rosters and 3 teams have yet to confirm their rosters. Jon Rahm will form his team, which will be announced before LIV Golf Mayakoba, the first event of the 2024 season.
Additionally, after finishing in the top three at the inaugural LIV Golf Promotions event in Abu Dhabi, Calle Samouja, Jinitiro Kozuma and Kieran Vincent became the three names to secure membership for the 2024 season. Mondship Liv Golf 2024 Jauzy’s armor:
4 Gord Gc
Dustin Johnson (captain)
Patrick Kamis
Peter Wihlein
Perez bed
Grind gc
Bryson Deschaambeu
Paul Hay
Charles Howell III
Aniban Lahiri
Orat doptick gc
Sergio Garcia (captain)
Father Ancaba
Eugenio Chacarra
David you put that
Taste-parswip gc
Phil Mikelson (captain)
Cameron Tatingle
Brandon Steel
Andy Oglej
Majesticks Gc
Ian Pulter (captain)
This Westwood (Captain)
Henrik Stanson (Captain)
Sam Horffied
Gc gats yarn
Bubba Watson (Captain)
Harold Warner III
Thomas color
Matthew Wolf
Smash Gc
Brooks Coepka (Captain)
Jason Kokrak
Dail
Grema McDowell
Extingir gc
Luis oostuzir (captain)
Greek
Chwartzel Char
Dean’s purchase
Gc ж ұұары
Joaquin Niemann (captain)
Mito Pereira
Sebastian Moose
Carosotiz
Vast subject gc
Kevin N.A. (Captain)
Danny Lee
Scott Vincent
Tuberculosis
Ripper gc
Cameron Smith (captain)
Mark Rishishman
Tuberculosis
Tuberculosis
Cleek Gc
Martin Camer (captain)
Richard Bland Land
