Cameron Young was closer to joining LIV Golf than anyone knew

In 2022, Cameron Young admitted he had contemplated leaving the PGA Tour to join LIV Golf. However, he did not disclose the extent of his interest. Recently discovered bankruptcy records reveal that Young had signed an "offer of intent" with LIV before ultimately deciding to stay with the PGA Tour. These financial documents provide insight into the significant investments LIV made in players and executives before filing for Chapter 11 bankruptcy protection on September 8, 2025.

Young expressed his initial enthusiasm for LIV Golf, praising their innovative ideas and efforts. He cited uncertainty surrounding the future of the PGA Tour as a factor in his decision to remain with his current league. Young has since won three times on the 2026 PGA Tour, ranking second with more than $15 million in earnings. The records also showed that LIV Golf's former CEO, Greg Norman, received over $9.4 million in compensation when he left the league in September 2025, including a $5.8 million settlement and a $3.6 million bonus.

LIV's current CEO, Scott O’Neil, received a $6.375 million retention bonus shortly before filing for bankruptcy. Between September 2025 and August 2026, O’Neil's compensation totaled over $13.6 million in various forms. LIV Golf's financial troubles have intensified as they explore the possibility of a revamped version called LIV 2.0, potentially backed by London-based private-equity firm BC Partners.

The Chapter 11 bankruptcy filing has led to negotiations for a restructuring plan, which could provide up to $300 million in financing, contingent on retaining a percentage of LIV's current players.