Disturbing LIV Golf Update: Phil Mickelson to Be Slapped With a Whopping $800,000,000 Bill Should He Decide to Abandon Greg Norman’s Tour
30 March, 2023
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Though the defectors may have joined the lucrative Tour for a relaxed schedule and its glittering prize money, what price does a player like Phil Mickelson have to pay to leave LIV Golf before the end of his term?
Last year, the world of golf was left divided with the arrival of LIV Golf. While many golfers despised the Saudi-funded Tour, some of the biggest PGA Tour stars joined them.
How much does it cost for Phil Mickelson to terminate his LIV Golf contract?
Despite moving to LIV Golf, many players have still aspired to play in the PGA Tour.
Nonetheless, as of now, no defector has publicly denounced the lucrative Tour. But that may soon change with LIV Golf’s constant modifications.
There is a pentaly clause for golfers who want to leave LIV Golf.
If a player wants to leave LIV Golf, there is a penalty clause that states the golfer must pay two, three, or four times their signing bonus to break their agreement. For instance, since Phil Mickelson reportedly received $200 million to join LIV Golf, he must pay around $400-800 million penalty to break his contract!
The golf world also had the same reaction when they first heard about the exorbitant LIV contracts.
With the massive money offering, also come stubborn clauses.
Nonetheless, most golfers are under contract with LIV until the 2025 season. With no complaints about the breakaway Tour as of now and a hefty amount to terminate the contract, there won’t be any defector leaving LIV Golf in the foreseeable future.
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