meta_pixel
Tapesearch Logo
Log in
The Kevin Sheehan Show

Mark Schlabach breaks down the LIV Tour funding disaster

The Kevin Sheehan Show

Audacy

News, Sports

4.7697 Ratings

🗓️ 30 April 2026

⏱️ 16 minutes

🧾️ Download transcript

Summary

4.30.26, Mark Schlabach from ESPN joins The Kevin Sheehan Show to talk about the LIV Golf Tour and the financial issues after Saudi Arabia pulled their funding.

Transcript

Click on a timestamp to play from that location

0:00.0

Mark Schlebebaw from ESPN, expected to join us here shortly.

0:05.3

If you're not following the story, the Live Golf Tour slash Golf League is losing its biggest funding partner,

0:18.0

and that would be Saudi Arabia's public investment fund. They announced yesterday

0:23.1

that they are pulling funding following this upcoming 2026 season. By the way, one of the

0:32.3

live tour events is here next week at Trump National.

0:44.4

The announcement of this included a mention that that tournament next week, which starts Thursday at Trump National in Northern Virginia, will go on as planned.

0:50.7

But this is the group that provided the opportunity for, you know, generational wealth for many players.

1:02.3

I mean, John Rom, you know, signed a deal in which he got paid 90 plus million to join the Live Tour.

1:09.6

Dustin Johnson got 64 million.

1:12.3

Bryson DeCambeau got 50-something million.

1:15.8

Phil Mickelson reportedly signed for $200 million.

1:19.5

Do we have, we've got Mark?

1:22.0

Okay, good.

1:22.6

Mark is with us now.

1:23.7

Mark Schlebeau, who is covering this story and covers golf for ESPN.

1:29.2

So I just mentioned that the Saudi Arabia Public Investment Fund is pulling its funding,

1:36.3

and it has funded a lot over the last three and a half, four years.

1:41.3

So does this, I mean, the simple conclusion would be live ends after this year. Is that

1:48.5

fair or not? I would think those are the odds. I wouldn't put the death knell in it quite yet because

1:57.7

there are enough rich guys out there who love golf to where they might

2:02.9

make an investment, but it wouldn't be anywhere near what they were getting from the PIF

2:07.3

and the league wouldn't look anything like it looks like today.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.