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LIV Golf paid executives $15.6 million as vendors went unpaid, while Cam Young signed intent with LI
โ›ณGolf

LIV Golf paid executives $15.6 million as vendors went unpaid, while Cam Young signed intent with LIV new bankruptcy filings show

LIV Golf paid $15.6 million in executive retention bonuses before filing for Chapter 11 bankruptcy, according to court documents. CEO Scott O'Neil received the largest share, including a $6.375 million retention bonus in June 2025, with total compensation exceeding $13.6 million between September 2024 and August 2026, while CFO David Phillips received over $3.3 million and founding commissioner Greg Norman was paid more than $9.4 million upon his departure. These executive payments came as LIV failed to pay contractors and vendors, resulting in multiple lawsuits, including a $1.23 million claim from media producer Fresh Tape Media.

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LIV Golf paid executives $15.6 million as vendors went unpaid, while Cam Young signed intent with LIV new bankruptcy filings show ยท Sport.News