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The game of golf experienced a major transformation in 2022. The launch of LIV Golf brought a civil war among the world of golfers. Some people choose to play on the Breakaway Tour, while others stuck with the PGA Tour. And now, the most prestigious name in golf, Tiger Woods, has decided to turn against LIV Golf even though practically every top player defected and joined the Saudi-backed tour. And if the predictions come true, he might be the reason the recently founded Tour will soon disband.

Let's first analyze the financial condition of the Tour before talking about what Wood has said about LIV, and why Woods continuing on the American Tour is a concern for LIV Golf.
LIV Golf is presently preparing for its second season In order to launch in 2023 and beyond. However, the inaugural season was no short of an attraction. The Tour managed to grab more attention on the headlines and prize money, then on the course. In early 2021, a financial project named ‘Project Wedge’ was brought to light by the Public Investment Fund in Saudi Arabia.

The oil-rich Middle Eastern Country approved the idea to become the new head of golf. However, after the inaugural campaign, which cost more than $750 million, even the financial consultancy firm recommended a different outcome than what was initially promised. The Greg Norman-led Tour made it obvious that the LIV Golf was no laughing stock.
They quickly moved to sign some of the biggest names in the game, including Bryson DeChambeau, Dustin Johnson, and Phil Mickelson, to mention a few, and the Neve Tour aimed to sign at least 12 of the sport's biggest names, as per management's goal.

Tiger Woods and Rory McIlroy are unquestionably the most popular golfers in the last decade. Considering that every top golfer has been offered a LIV Golf contract, Woods was of course also approached about joining the Breakaway Tour. The decision of the 15-time Major champion would alter the course of golf.
As the sport's biggest name, rumors circulated that Woods would be offered a LIV Golf contract. However, LIV CEO Greg Norman doubled down on the rumors, claiming Tiger turned down a $800 million offer from them.

Woods addressed what is needed to help build a relationship between LIV Golf and the PGA Tour during a news conference in the Bahamas during the Hero World Challenge golf event.

Wood said: “I think Greg (Norman) has to go, first of all, and then obviously the litigation against us and then our countersuit against them. Those would then have to be at a stay as well, so then we can talk. We can all talk freely.” (Link)

Woods was asked if he believes the two organizations can coexist. And he said not right now. He said that it doesn't seem likely, at least not under their direction. Not with Greg Norman still there and his utter contempt for the tour itself.

Though his refusal was a huge loss for the Breakaway Tour, he would eventually become the PGA Tour's voice in the war against their nemesis. Tiger is currently preparing to launch a golf league called TGL with fellow PGA Tour regular Rory McIlroy, which will begin in January 2024. The league will be run under the umbrella of the PGA Tour.

But will the formation of TGL and the refusal of a 15-time Major winner be enough to bring LIV Golf down? According to 'Project Wedge' projections, the Saudi-backed Tour could earn $1.4 billion per year by 2028. But for that possibility to occur, the Tour needs to sign further top names, attract more sponsors, and land a huge television deal.

However, with plundering viewership and a failure to sell tickets at their golf tournaments, LIV Golf is struggling to rely on revenue rather than the PIF. The $1.4 billion each year comes under the positive scenario. However, if the Tour fails to meet its objectives, it will incur a massive loss of $355 million each year.

Signing Tiger Woods could have changed that scenario because he is still the sport's biggest name. Despite barely competing in professional events, he recently retained the top spot in the Player Impact Program rankings.

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