Protection

LIV Golf and its related entities have filed for Chapter 11 bankruptcy protection four years after the league’s debut as a heavy-spending, player-friendly alternative to the PGA Tour.

Rather than signal the end of LIV, though, the move is designed to help the league move into the future without Saudi funding.

“We are excited about what lies ahead and yet, there is still much to accomplish in the months ahead,” CEO Scott O’Neil said in a statement released by the league on Tuesday. “We believe deeply in LIV Golf’s future, the opportunity in front of us, and the people who will help us realize it. We will not rest until we deliver on LIV Golf’s full potential.”

After launching in June 2022, LIV once paid nine-figure signing bonuses to lure away top players from the PGA Tour. Spending had reached an estimated $6 billion by the time the Public Investment Fund of Saudi Arabia decided to end its financial support in April.

On Tuesday, LIV said it has entered a restructuring support agreement with BC Partners Advisors and voluntarily entered a court-supervised restructuring process under Chapter 11 in the United States Bankruptcy Court for the District of New Jersey.

Last month, O’Neil announced a long-term plan that would have the golfers become the majority equity holders in the league. In a letter to fans on Tuesday, he said that this week’s moves are steps toward the league’s long-term goals.

“Now it is time to enter the next phase of LIV Golf,” O’Neil said. “Today, we took an important step forward to get there. LIV Golf has entered a court-supervised restructuring process that provides us with the time and framework to address previous financial obligations and complete a transaction that will make the League’s next phase a reality. Put simply, this process is designed to build a stronger and more sustainable future for LIV Golf.”

O’Neal said the new league model will expand the field for events from 57 to 75 players, introduce a 54-hole cut and create Monday qualifiers. It will “be built around a sustainable business model and deeper alignment between players and the League, with team golf at its core,” he wrote.

“Players will have the opportunity to share directly in the value they help create, while teams will be positioned to grow into enduring global sports businesses. And fans will remain at the center of everything we do.”

In its bankruptcy filing, LIV listed estimated assests of between $100 million and $500 million and liabilities of between $500 million and $1 billion. Players Jon Rahm, Bryson DeChambeau, Dustin Johnson and Cameron Smith were listed as the four leading creditors.

The league ended its season in August. Four vendors already have filed lawsuits because they have not been paid.

The Associated Press contributed to this report.

The U.S. Secret Service dealt with several drone-related incidents without adjusting its protection policies or documenting why it didn’t, according to a government report released Thursday. That information may have helped illustrate the emerging threat of civilian drone use before one was used in the 2024 assassination attempt on then-candidate Donald Trump in Butler, Pa.

The report from the Government Accountability Office found delays and holes in how the Secret Service updates its policies regarding threats, and arrives after a few turbulent years for the agency charged with the president’s protection.

The would-be assassin in Butler positioned himself on a roof left unsecured, nicking the president’s ear with a bullet. Months later, a man with a rifle got surprisingly close to Trump at his West Palm Beach, Fla., golf course. And in April, an armed man got beyond security barriers at the White House Correspondents’ Assn. dinner, where the president sat.

The report found that between 2015 and 2025 the Secret Service dealt with 83 security incidents and that it updated its protection policies in response to 25 of them. Among the incidents was a drone that made contact with President Obama’s motorcade in 2015 and another flown about 200 feet over a rally for then-presidential candidate Bernie Sanders.

Failing to document why the Secret Service decided not to change its policy is the concern, said Nathan Tranquilli, acting director of the Government Accountability Office, adding that the drone incidents were a “compelling example” of that.

“Some of the missing information has been relevant to subsequent attacks,” the report read. It cited the Butler incident, where the culprit flew a drone for 11 minutes over the crowd, which helped him position himself to get a clear shot at Trump.

The Secret Service also failed to update eight of 22 protection policies within a required time frame of four years. A memorandum of understanding between the Secret Service and the Diplomatic Security Service, which designates each agency’s responsibilities for the president’s overseas security, hasn’t been updated since 1991, even though an annual review and update are required. As a consequence, the memorandum doesn’t address newer threats, such as drones.

“When you look at the Secret Service and you look at their mission, really it’s a zero-fail mission, and they’ve got a ton of challenges,” Tranquilli said. “When decisions were being made about where to put time and energy, some of these things fell to the side, and, as a result, there were some delays.”

The report recommended three fixes, including that the Secret Service revise its policy to require that, when a security incident doesn’t warrant a policy update, that the rationale is documented.

A spokesperson for the Secret Service did not immediately respond to a request for comment, but the report stated that the Department of Homeland Security, which oversees the Secret Service, agreed with all recommendations and plans to implement changes.

Bedayn writes for the Associated Press.