LIV Golf denies Tiger Woods $700 million cash offer

Norman has been professional since 1976, with two Major The Open wins in 20 PGA Tour titles and 12 European Tour cups (now dp World Tour) from 1977 to 1997.

Norman, 67, is in charge of developing the LIV Golf Invitational Series with most of the money coming from the Saudi Public Investment Fund (PIF) with a net worth of $650 billion.

A-list stars on the PGA Tour, such as Phil Mickelson, Dustin Johnson, Bryson DeChambeau, who went to the Invitational Series, were paid less than Woods’ potential earnings.

According to the media, LIV Golf spent $200 million on Mickelson, $150 million on Johnson, and $125 million on DeChambeau.

This is hard income in a contract of at least two years, with a 50% advance, while the prize money is calculated separately.

LIV Golf is said to have spent more than a billion dollars to pull high-achieving players from the PGA Tour and DP World Tour (the new name of the European Tour).

Woods has been committed to the PGA Tour for a long time.