Tiger Woods Declined an Offer: According to Greg Norman, the CEO of the tour, Tiger Woods rejected an invitation to participate in the LIV Golf Series, which Saudi Arabia sponsors, for $700–$800 million.
Former No. 1 Norman was questioned by Tucker Carlson during a Fox News interview on Monday about if it was accurate to say that Woods received an offer of $700–$800 million to play in the LIV Golf series.
This past weekend, Norman told Carlson at the LIV Golf tournament at the Trump National Golf Club Bedminster in New Jersey, “That statistic was out there before I became CEO.” “Look, you know Tiger can move needles, right? You must, of course, consider the finest of the best. Before I became CEO, they had first approached Tiger. Somewhere in that area is that number.
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Seven regular-season tournaments & one team event in October make up the eight-tournament LIV Golf circuit. The competitions are held on golf courses close to Boston, Chicago, and Miami in the United States, Thailand, and Saudi Arabia worldwide.
Norman had previously revealed to the Washington Post in June that Woods had been given substantial money to participate but had declined it. “Mind-blowingly large; we’re talking about high nine figures,” Norman remarked of the Woods idea.
Since LIV Golf is supported by the Saudi Arabia sovereign-wealth fund, many prominent golfers, including Dustin Johnson, Phil Mickelson, Bryson DeChambeau, and Patrick Reed, have come under fire for joining the organization.
I can’t entirely agree with it,” Woods remarked in July 2022 about golfers switching to LIV Golf from the PGA Tour. I believe that they turned away from what had helped them advance to this position.
Forbes estimates that Woods’s net worth is around $1 billion. He has generated millions of dollars through lucrative endorsement deals with companies like Nike NKE, EA EA, Gatorade, and AT&T T, in addition to $120 million from golf tournament winnings.
The Crown Prince of Saudi Arabia’s Public Investment Fund (PIF), a sovereign wealth fund, is supporting the LIV Golf series and has promised to provide $250 million in total prize money.
In addition to Woods, several players received significant financial incentives to join the league. According to reports, Dustin Johnson had a $150 million offer to play, while Phil Mickelson received a $200 million proposal to be in the league. Those sums would only be for participation, and participants may win more money at the LIV competition. Both Johnson and Mickelson accepted such offers and joined LIV Golf, as was previously indicated.
Rory McIlroy and Tiger Woods, among other players, have criticized the fact that players have abandoned Golf’s conventional setup and accepted money from a nation with a horrible human rights record.
Woods declared that he disapproved of the players who had left before the July Open at St. Andrews, Scotland.
The 15-time major champion claimed that the group had “done what they’ve done: they’ve turned their attention on what has allowed them to get to this position.”
Some of these athletes might never have the opportunity to compete in important championships. That may happen. We are not yet sure about that. All of the significant championship organizations are responsible for deciding that. However, some golfers may never have the opportunity to compete in a significant event or stroll through Augusta National’s fairways.
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The 46-year-old Swede scored 11-under par at the Trump National Golf Club Bedminster to win $4 million, nearly two weeks after being demoted from Ryder Cup captain for signing up for the series.
Alongside him at the trophy presentation was former US President Donald Trump, who owned the course and was present for the whole three-day competition.