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Prize money drawn against sign on fees, contracts, FedEx Cup

It has been revealed that some of the players who bankrolled at least the PGA Tour for the LIV Golf Series fortune are not making a dime when it comes to the lucrative but controversial Saudi-backed circuit.

That bombshell was revealed on Tuesday in US District Court in San Jose, California, where a federal judge denied a temporary restraining order against three players who were temporarily suspended from the tour after going to LIV. NY Post Reports.

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They wanted to allow them to play in the PGA Tour’s FedEx Cup Playoffs, which begin this week in Memphis.

During the hearing, a lawyer representing LIV said that players’ income is counted against the initial money they receive to join.

This means that the $4 million first-place winner’s check will contain the amount paid to sign a player with a rival team. The lawyer said that not every contract is the same, but not all money is guaranteed, before proceeding to the case.

The Sharks keep the biggest names away from the PGA.  (Photo by Matthew Lewis/Getty Images)
The Sharks keep the biggest names away from the PGA. (Photo by Matthew Lewis/Getty Images)Source: Getty Images

That contradicts what LIV officials and some players have said up to this point.

When Brooks Koepka revealed that a player’s winnings came out of a signing bonus at last month’s LIV tournament outside Portland, Ore., the four-time major champion said, “That’s not it — it’s not. No.” Asked again on the matter, he said, “No. I don’t know – it’s irrelevant.

The contract bomb. (Photo by Matthew Lewis/Getty Images)Source: Getty Images

At the end of the press conference in Portland, the LIV official in Portland tried to investigate the matter at the time.

“I wanted to say. [the] When you ask them about the prize bags and if they are in addition to contracts, they have already asked. “The prize purses are extra. There’s no drawing on LIV Golf in any way,” she said. “We wanted, on the record, it’s extra. And when you have it, it’s your first event, but you should know from your contracts. You can attest to it.” Thanks guys.”

According to one of LIV’s own lawyers, however, that doesn’t seem to be exactly true.

This article originally appeared in the NY Post and is reproduced with permission.

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