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LIV Golf on Brink of Bankruptcy | Durham News
LIV Golf, the flashy Saudi-backed golf league that promised to shake up the PGA Tour, is teetering on the brink of collapse after losing its billion-dollar lifeline. With six billion dollars burned and no major TV deal in sight, the league’s future hangs in the balance as it scrambles for new investors and considers restructuring contracts — even offering players equity. Despite denying bankruptcy, insiders say the team is preparing for a messy end by August, with stars like Jon Rahm potentially trading guaranteed pay for stakes in the league’s survival. The fate of professional golf may…
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