golfers

One day after a LIV Golf players-only meeting failed to produce a resolution, CEO Scott O’Neil announced Wednesday that a lead investor plans to fund the tour beyond this season and that the golfers will become the majority equity holders in the league.

The LIV Golf board of directors approved the term sheet, O’Neill said, giving the league new life after the Saudi Public Investment Fund decided in April to cease its financial backing at the end of the current season. The PIF had backed LIV Golf since its inception in 2022, spending an estimated $6 billion.

O’Neil, who made the announcement at Trump National Golf Club in Bedminster, N.J., the site of this week’s tournament, did not identify the investor or terms. He said the league hopes to finalize the transaction in September and that “our next chapter will make our players the majority equity holders in LIV Golf, a first for a major global sports league.”

“LIV Golf has an agreement in place with a lead investor, signed by the investor and approved by the board, to anchor the transaction and play a key role in supporting the path forward for the league’s next era, driven by and for the players,” O’Neil said in a statement. “We’re also seeing strong interest from more than a dozen additional parties to potentially serve as minority investors, creating a multi-partner model built for long-term stability and growth.”

The players-only meeting on Tuesday at Trump National came soon after O’Neil and other LIV Golf executives spoke to the players. The only player to speak at length with the media after the meeting was Richard Bland, who told the Athletic that Bryson DeChambeau had led the discussion to follow O’Neil’s lead, but that nothing definitive had been determined.

“We’re in this together. We’re fully backing Scott,” Bland said. “I think probably in the next two to three weeks we’ll have a bigger picture. We’re just in that kind of stage at the minute that we’re positive with what’s going on, but we just need everything to be fully signed off so you can go forward.”

O’Neil said in June that LIV Golf needed to secure roughly $300 million from outside private equity or institutional investors to sustain operations through 2027 and beyond. He has been pitching “LIV 2.0” with a streamlined business model.

“What we don’t have is a lot of time,” he said in June. “So we’re very urgently out there talking to those who are interested. We like the pool, but we have to get this done through the summer.”

It appears O’Neil might have met the deadline, although questions remain unanswered. LIV has been mulling whether to cancel its Team Championship on Aug. 27-30 at the Cardinal in Plymouth, Mich., the final tournament of the season. The purse is $40 million, cash that instead could be earmarked for 2027.

O’Neil said that making players the majority equity holders “gives the league the foundation to keep growing the game worldwide…. In the meantime, our focus is on delivering a great week for fans and players at Bedminster and finishing the 2026 season strong.’’

Reaching the summit is a dream. But staying there? That’s an altogether different challenge.

Maja Stark has a special appreciation for that now, a year after winning the U.S. Women’s Open at Erin Hills and feeling the hefty weight of expectation that came along with it.

For her, the aftermath of that victory brought heightened anxiety, and searing criticism from outsiders when the Swedish professional’s play took a dip.

“You get comments and stuff saying, ‘What happened? You just won a major; why do you suck all of a sudden?‘” Stark said at the Chevron Championship in April. “That does take some energy and just makes you focus on the wrong things. Then I got even more stressed and anxious.”

Maja Stark plays a shot from a bunker on the 17th hole during the third round of the Chevron Championship on April 25.

(Alex Slitz / Getty Images)

Stark said she sought professional help in the form of a mental coach, sports psychologist and therapist and now believes she’s better able to withstand the scrutiny that comes with winning at the highest tier.

That career-shaping pressure will be on display again this week when the USGA brings the U.S. Women’s Open to Riviera Country Club for the first time, merging the game’s most prestigious women’s championship with a historic venue celebrating its centennial year. The tournament takes place Thursday through Sunday.

Riviera is a theater, sitting low beneath high hillsides that almost serve as balconies. Players have described the course as a stage because it can feel as if you’re being watched even when you’re alone.

“I think there’s something very nostalgic about the facility,” said Jim Richerson, Riviera’s general manager. “The golf course has never had any major renovations or changes. The clubhouse is the exact same footprint today as it was when it was built in the 1920s.”

The U.S. Women’s Open is the oldest of the LPGA Tour’s five majors, and has long served as the standard by which women’s golf measures itself. It’s open to professionals and elite amateurs through a qualifying process, and the tournament is known for identifying the player who can withstand the most pressure under the most demanding conditions.

NBC will televise the championship and although Mike Tirico will not call the event, he knows the significance of holding it at Riviera.

“Without there being a Masters for women’s golf, that tournament really is the crown jewel of the sport,” Tirico said. “It has become the event people dream of winning. … It’s just appropriate that it’s contested at a place like Riviera that for so many generations has come to define a great championship test of golf.”

A look at some of the players to watch:

Nelly Korda

Nelly Korda celebrates after winning the Chevron Championship on April 26.

(David J. Phillip / Associated Press)

The world’s No. 1 player is a major needle mover for women’s golf and is a significant source of ratings when she’s in contention. She had a record five consecutive victories last season and seven overall. Her missing major is the U.S. Women’s Open. She finished in a runner-up spot last year and left Erin Hills firmly believing a win was within reach.

Jeeno Thitikul

Jeeno Thitikul plays a shot from the fairway during the first round of the Queen City Championship on May 14.

(Jeff Dean / Associated Press)

The former World No. 1 is still in pursuit of her first major championship. She’s a big question mark in the field.

Lydia Ko

Lydia Ko hits from the fairway during the second round of the LPGA Honda Thailand on Feb. 22.

(Kittinun Rodsupan / Associated Press)

This Hall of Fame player is the only golfer in modern Olympic history to win a complete set of medals — gold, silver and bronze — across three different Olympic Games. She’s still looking for her first U.S. Women’s Open win.

Charley Hull

Charley Hull hits off the 16th tee during the first round of the Mizuho Americas Open on May 7.

(Seth Wenig / Associated Press)

A colorful character who went viral during the 2024 Open for smoking a cigarette while signing autographs and playing. She was among a cluster who finished second in that tournament. She has three victories on the LPGA Tour but has yet to win a major.

Rose Zhang

Rose Zhang hits from the ninth tee during the final round of the Queen City Championship on May 17.

(Dylan Buell / Getty Images)

Zhang, who has been splitting time between Stanford and the LPGA, amassed a remarkable collection of victories as an amateur and three years ago, became the first player in 72 years to win an LPGA Tour event in her professional debut.

Minjee Lee

Minjee Lee prepares to putt during the third round of the Chevron Championship on April 25.

(Sarah Stier / Getty Images)

Lee, an Australian star, has won three majors including the U.S. Women’s Open in 2022. Her younger brother, Min Woo, won the 2016 U.S. Junior Amateur, making them the first brother-sister tandem to win the USGA’s junior championships.

Yuka Saso

Yuka Saso lines up a putt during the first round of the Mizuho Americas Open on May 7.

(Seth Wenig / Associated Press)

She is the anomaly of anomalies, with zero wins on the LPGA Tour with the exception of two U.S. Women’s Open victories. She won the first of those at 19 years, 11 months and seven days — astoundingly tying her for the youngest player to win the Open with Inbee Park, who was precisely that old when she won in 2008.

Lilia Vu

Lilia Vu watches her shot from the seventh tee during the third round of the Queen City Championship on May 16.

(Dylan Buell / Getty Images)

Vu grew up in Fountain Valley and was a standout at UCLA. She won two majors in 2023 but lately has been battling back problems.

Michelle Wie West

Michelle Wie West of the United States hits from the third tee during the first round of the Mizuho Americas Open on May 7.

(Sarah Stier / Getty Images)

Wie West retired three years ago after the Open at Pebble Beach, but is coming out of retirement to use her last year of exemption to play at Riviera. Her husband, Jonnie West, son of late NBA icon Jerry West, will be caddying for her.