Sports
LIV CEO: League's value rests in teams, optimistic on funding
Jun 28, 2025; Carrollton, Texas, USA; The LIV Golf logo near the first tee during the second round of the LIV Golf Dallas golf tournament at Maridoe Golf Club. Mandatory Credit: Raymond Carlin III-Imagn Images LIV Golf CEO Scott O’Neil expressed optimism Tuesday in his first public comments since Saudi Arabia’s Public Investment Fund confirmed it will pull its financial support following the 2026 season.
O’Neil cited the value of the league’s 13 teams as a means to attract new investors in the wake of the PIF news.
“If you ask me where the value of this business is, it’s in the teams,” O’Neil said at his pre-tournament press conference ahead of this week’s LIV Golf Virginia event in Washington, D.C.
“If you’re looking for direction, we believe that teams will have extraordinary value,” O’Neil said. “We believe that once we set the business in the right direction with the right trajectory, with the right revenue base and cost base — which we’re well on our way to doing — that these teams will have extraordinary value. And that’s where, if you’re an investor and you’re listening to this or reading this, that’s where you’re going to get your value.”
His comments came one day after LIV Golf announced that New York-based Ducera Partners LLC will serve as an investment banking advisor as it seeks financial stability moving forward.
O’Neil also discussed sponsorships, ticket sales and television contracts on Tuesday as a means to drive up funding.
“The way the process will typically work — I may be getting ahead of myself — is that we’re going to create a business plan, we’re going to lock arms with the players, we will go to market and raise money on a top level, and then we will get investors in teams in that order,” he said. “The players on the team should be locked in.”
O’Neil also addressed whether the PIF had committed to honoring contracts past 2026.
“I mean, they own the majority of the business now, and they’ve agreed to fund through the season, as they said. Nothing there has changed,” he said.
O’Neil said later in his press conference that he has “confidence that this is a place players want to be.” That said, he also was asked about golfers pursuing other options.
“I have so much to say on this topic, and I’m going to keep this short because I’m under direction to,” he said. “I will tell you this, one of the beauties of LIV Golf, the beauties, the thing I enjoy most about it, is that we are for golf. We always have been and we always will be. Our players, we commit them to 14 weeks. They come and play. They know exactly the weeks they’re expected to play, they show up, and they play.
“If another Tour is open for them to play, that’s 14 weeks out of 52. That’s 38 weeks. So if you want to see the best players in the world playing together more often, no problem, let’s do it on the other 38 weeks. Like it’s such a special opportunity.
“I feel like the opportunity, the chance, the gift we’ve been given here at LIV Golf is that we have players who will travel the world, and that is a gift to the game.”
Founded in 2021, LIV Golf made its debut in June 2022 and used lavish, guaranteed contracts to lure dozens of stars like Dustin Johnson, Phil Mickelson, Jon Rahm and Bryson DeChambeau away from the PGA. Former LIV participant Brooks Koepka already has returned to the PGA Tour while Patrick Reed will return later this season.
PIF has provided LIV with more than $5 billion, but the league reportedly has lost millions of dollars per year. Earlier this month, Yasir Al-Rumayyan, PIF’s governor and LIV’s main financial backer, shared a plan for the kingdom to cut back on international investments and focus on more domestic projects.
O’Neil replaced former league leader Greg Norman as CEO in January 2025.
–Field Level Media
Sports
N.J. hosting four World Cup camps with addition of Haiti
Jun 16, 2022; New York, New York, USA; A general view of a hallway showing the FIFA World Cup 2026 logo leading to the FIFA World Cup Announcement room. Mandatory Credit: Jessica Alcheh-Imagn Images It will be a melting pot in the Garden State with Morocco and Haiti joining Brazil and Senegal with base camps in New Jersey for this summer’s World Cup, The Athletic reported Tuesday.
Brazil, Morocco and Haiti all were selected into Group C for the tournament.
Brazil will be based at the New York Red Bulls’ training facility in Morris Township ahead of its opening pair of group stage games June 13 at East Rutherford, N.J., and June 19 at Philadelphia.
Morocco will set up camp at Pingry School, a private college preparatory school near Bridgewater Township, as it gets set for its group-stage opener against Brazil at East Rutherford.
Haiti will be based at Stockton University in Galloway, which was host to Brazil’s Flamengo during last summer’s FIFA Club World Cup. Haiti plays its opener June 13 against Scotland in Foxborough, Mass., before facing Brazil at Philadelphia.
Senegal, which was selected into Group I, will be based at Rutgers University in Piscataway as it prepares for back-to-back games at East Rutherford on June 16 against France and June 22 against Norway.
–Field Level Media
Sports
Jon Rahm doesn't see 'many ways out' of LIV Golf contract
Jon Rahm during the first round of the 2026 Masters at Augusta National Golf Club. Credit: Michael Madrid-Imagn Images Jon Rahm confirmed he has multiple years left on his LIV Golf contract and doesn’t currently see an avenue towards leaving the fledgling league even if he wanted to.
Rahm signed with LIV Golf in December 2023 for a deal reported to be in the $300-500 million range. While he did not provide specifics while speaking at the league’s Virginia event on Tuesday, the Spaniard did acknowledge his contract runs beyond 2026.
“I have several years on my contract left, and I’m pretty sure they did a pretty good job when they drafted that. So I don’t see many ways out,” Rahm said.
LIV Golf is currently seeking new funding sources after Saudi Arabia’s Public Investment Fund confirmed last month that it will end its financial backing of the league. That has led to reports that several players have reached out to the PGA Tour and the DP World Tour about potentially returning.
LIV’s two marketable stars are Rahm and Bryson DeChambeau. While DeChambeau’s contract expires at the end of 2026, he has maintained his focus is on helping the team-based league survive. And Rahm confirmed that he’s contractually obligated to stay, at least for the time being.
“I’ll say I’m also not a lawyer. I have no idea. I couldn’t tell you. I have very few talents in my life, and reading a contract or business are not two of them,” Rahm said.
LIV’s future beyond 2026 remains highly uncertain. The league has retained an investment firm as it transitions to a “multi-partner” format, but CEO Scott O’Neil has acknowledged new funding sources must be brought on board with PIF ending its support.
Rahm did confirm Tuesday that he has reached an agreement with the DP World Tour that will allow him to play in several events later this year, which will also help him remain eligible to compete in the 2027 Ryder Cup. O’Neil insisted Tuesday that LIV remains a place where “golfers want to play,” and he would like to see other tours accommodate the desire of LIV players to compete elsewhere on non-league event weeks.
“We are for golf. We always have been and we always will be,” O’Neil said. “Our players, we commit them to 14 weeks. They come and play. They know exactly the weeks they’re expected to play, they show up, and they play.
“If another tour is open for them to play, that’s 14 weeks out of 52. That’s 38 weeks. So if you want to see the best players in the world playing together more often, no problem, let’s do it on the other 38 weeks. Like it’s such a special opportunity.
“I feel like the opportunity, the chance, the gift we’ve been given here at LIV Golf is that we have players who will travel the world, and that is a gift to the game.”
Despite O’Neil’s stance, LIV Golf is expected to see several players pursue other options at the end of the 2026 season, likely with or without new funding. Whether Rahm wants to be among them is a moot point so long as he’s under contract.
“As of right now, I’m not really thinking about it since we still have a season to play and majors to compete for,” he said. “So, it’s not something I want to think about just yet.”
Rahm has the added complication that he’s the captain of Legion XIII that also includes Tyrrell Hatton, Caleb Surratt and Tom McKibbin. He acknowledged that if LIV continues beyond this season, the business will likely look significantly different, including a reduction in the lucrative event purses.
“It’s not just about me, it’s a team effort,” Rahm said. “It’s not about one person agreeing or not. I think we all, as captains and team owners and players that are involved in the league, need to in essence have a large majority to agree on for it to work.
“I do believe that for the business plan to change, whatever they’re coming up with, there will need to be some concessions on our part, yeah.”
Surratt said that he’s “bought in” and will support Rahm, while Hatton confirmed that he also has multiple years left on his contract. The Englishman signed with LIV along with Rahm, and was the league’s lone player to be a factor at last month’s Masters where he tied for third.
“It’s not really a focus for me at the moment,” Hatton said when asked about LIV’s future. “Obviously focused on playing well this week, playing well the rest of the year, and seeing what happens.”
Rahm admitted the news of the PIF ending its financial support of the league was “unexpected” after being told that LIV had several more years of backing. But he also added that he has enjoyed the experience.
“As the future of the league goes, I think that’s obviously a question for the business people. We want to be here. It’s been a lot of fun. I want to keep competing. I want to keep sharing some time with them,” Rahm said.
“But only time will tell. Scott and his team have a lot of hard work to do, but obviously they’re experienced in the area, and that’s why they’ve been chosen to take this role.”
–Field Level Media
Sports
Rapids sign F Darren Yapi to multi-year contract
May 2, 2026; Houston, Texas, USA; Colorado Rapids forward Darren Yapi (77) motions during the first half against the Houston Dynamo at Shell Energy Stadium. Mandatory Credit: Maria Lysaker-Imagn Images The Colorado Rapids signed forward Darren Yapi to a multi-year contract as a U22 Initiative player on Tuesday.
The deal with the 21-year-old homegrown player runs through 2028-29 with a club option for 2029-30.
Yapi has three goals and two assists in 11 MLS matches (seven starts) this season, boosting his career totals to 13 goals and five assists in 102 regular-season matches (38 starts) since making his Rapids debut at age 16 in 2022.
“Darren has made a really positive start to the season and continues to grow into a more complete front line player for us,” head coach Matt Wells said. “He’s shown a top mentality to embrace our football, has made big steps in his physical development and is consistently impacting the game in attacking positions. He has the right level of ambition and we believe he has so much more growth to come, so we’re looking forward to continuing to work with him.”
A former Rapids Academy Player of the Year, Yapi also contributed 11 goals and three assists in 35 appearances with MLS Next Pro affiliate Rapids 2 from 2022-25.
“He has consistently shown his ability to impact games at the MLS level, and we believe he has the qualities to develop into a top attacker in this league and beyond,” team president Padraig Smith said. “This new contract reflects both his performances and the standards he has set for himself, and we’re excited to see him continue to build on that here in Colorado.”
–Field Level Media
