LIV Golf Contracts: What's The Tenure & Penalty For Breach?

Many professional golfers received an offer from LIV Golf that they couldn’t turn down.

The startling fine language in those enormous contracts, it turns out, will make it virtually hard for any of them to ever opt out.

LIV Golf Contracts: What’s The Tenure & Penalty For Breach?

According to Sports Illustrated’s Alex Miceli, if a LIV player decides to breach their contract for whatever reason, they will be subject to exorbitant fines. The terms may vary depending on the contract, but in some cases, the golfer will need to return up to four times their signing bonus in order to depart.

Players could face huge penalty if they decide to leave LIV Golf – Marca https://t.co/LetsthIqFa

— Golf Venezuela (@GolfVenezuela) March 31, 2023

Players that attempt to breach their agreements with LIV Golf risk incurring a hefty financial penalty. Although professional golfers are not prohibited from competing on the PGA Tour, their contracts do contain a penalty provision in the event that they decide to leave.

“LIV Golf maintains that some of its players still want to play on the PGA Tour,” the Sports Illustrated report reads.

“But with the exception of playing a one-off event in a player’s hometown or somewhere they have had success; many LIV golfers seem content to play their 14 plus majors and call it a season.

Players who wish to leave LIV Golf could face massive financial penalty
If an…
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— American Warrior (@Th0rKnight) March 30, 2023

None want to play a full season on the PGA Tour, which is good because their LIV contracts, while not prohibiting them from playing a full schedule on another tour, does force them to honor their commitment to LIV and if for some reason they wanted to leave LIV, the penalty clause is two, three or four times their signing bonus to break their agreement.

“This penalty clause effectively keeps the players part of the LIV stable until the contract expires after the 2025 season.”

Report: LIV Golf contracts include big penalty clause https://t.co/EzcoDvu6eU

— Golf (@golfsmartly) March 29, 2023

PGA Tour has prohibited people who joined LIV Golf from competing in their tournaments, it should be mentioned. Recently, rumours regarding specific golfers who afterwards regretted joining LIV Golf have surfaced.

“I’m hearing a lot of rumblings that Brooks Koepka has buyer’s remorse,” golf writer Alan Shipnuck wrote in February.

Yet, Koepka didn’t hesitate to deny the rumours and stressed that he is “satisfied” and “content” with his decision, claiming that he “knew everything I was getting into.”