NEWNow you can listen to Fox News articles!
LIV Golf took the golf world by storm with its $25 million purses, and on Tuesday the circuit cleared up rumors that winners’ earnings would be counted as part of their million dollar signing bonuses.
During a press conference on the Tuesday before 1st LIV Golf Invitational PortlandBrooks Koepka and Pat Perez were directly asked by reporters if their winnings would come from signing bonuses rather than being paid out separately.
“It’s not… no. No. Koepka said via CBS Sportsbefore asking for clarification. “No. I don’t know – it doesn’t matter.”
Perez reportedly shook his head before Koepka added that you can’t believe everything you hear in the media.
“I heard this rumor Monday morning at the US Open. I also heard that I was in London on Saturday or Sunday. I mean, it was on a Monday. I’m just saying. You can’t believe everything you hear.”
Rumors have recently circulated that the Saudi Arabian-backed golf league’s huge purses were not what they first appeared to be, and that players such as Dustin Johnson and Phil Mickelson, who reportedly received $150 million in signing bonuses and $200 million, get their money. winnings received against these bonuses.
Golf Channel analyst Brandel Chumbley said this week that he heard about it from “many sources close to the players.”
But a moderator at a press conference clarified that rumor by stating that all proceeds will be paid out in addition to player signing bonuses.
“Prize wallets are optional. The draw in LIV Golf is not carried out for any finance,” the official said. “On the record, this is in addition to these guys, well, this is your first event, but you have to know that from your contracts. You can confirm it.”
The second LIV Golf tournament starts Thursday at Pumpkin Ridge Golf Club in Portland. The purse is $20 million and includes a $5 million purse for the team competition.