Players deciding whether they're going to be a part of LIV 2.0 will have a bit more time to make that decision.
On Monday, BC Partners, a London-based private-equity firm that has agreed to fund the league if it can meet certain stipulations like retaining a percentage of players, announced it had made an initial financial commitment to LIV. This is a part of a targeted $300 million investment, per BC Partners, that will be used to help LIV find solid financial footing as it restructures.
"Our goal is to facilitate LIV Golf's emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season," said Ted Goldthorpe, partner and head of BC Partners Credit. "Just as importantly, we want the players
who make this league what it is to share in what they help build. Giving players real and actionable ownership in the League and the teams is a unique opportunity in professional golf, and it aligns everyone around the long-term success of the product for the game and for the fans."
BC originally set a date of Oct. 13 for LIV to receive player commitments, but that has been pushed to Oct. 25.
LIV Golf filed for bankruptcy Sept. 8 and has seen been in court laying the groundwork for emerging next year with a new league structure, format and likely new faces, too. Last week, Sergio Garcia asked the bankruptcy court whether his contract was terminated or allow him to terminate it himself. He's one of numerous players who have been exploring what could be next.
LIV 2.0 calls for plans to transfer majority ownership to the players via equity shares. However, some players have been open about their frustration with the league and its lack of communication. Cameron Smith and Joaquin Niemann are among players who have questioned their future with LIV. Players like Jon Rahm and Bryson DeChambeau, its biggest stars, have remained quiet on the matter.
If the court approves the BC Partners funding, that would pave the pathway for LIV to emerge from bankruptcy and continue plotting toward LIV 2.0. As for what players would be a part of that, only time will tell.
Cameron Jourdan is an assistant editor of Golfweek, covering college and amateur golf, the PGA Tour and plenty more. Follow Cameron on X/Twitter (@Cam_Jourdan) or Instagram (@GolfweekJourdan).
This article originally appeared on Golfweek: LIV 2.0 player deadline pushed to Oct. 25 as funding takes shape
