A group of top stars have invested in Tiger Woods and Rory McIlroy’s new sports venture.
Woods and McIlroy, golf’s two most popular players, led the PGA Tour’s fightback against LIV Golf – the controversial Saudi-backed breakaway series.
The duo have teamed up to create TGL: a high-tech, stadium-based golf league in conjunction with the PGA Tour, starting in January 2024.
Six three-player teams will smash shots on a big screen, then move on to a tech-infused complex of short games during a two-hour Monday night show designed to attract a new audience.
The announcement came after Woods and McIlroy launched TMRW Sports, a company created to usher golf into a new technology-based future.
Now they have confirmed that Formula 1 star Lewis Hamilton and tennis legend Serena Williams are behind the project, alongside some of the biggest names in sport and entertainment.
Golf-mad footballer Gareth Bale also invested, as did tennis superstar Andy Murray and basketball icon Steph Curry.
While the two golf superstars have attracted some of the most marketable people in the world to their project, LIV Golf is still without a TV deal or any major endorsements.
Full List of TMRW Sports Investors
Tyler “Ninja” Blevins
The momentum must change against LIV, with the majority of golf’s biggest names uniting against him after a wave of defections like Dustin Johnson, Brooks Koepka, Bryson DeChambeau and Phil Mickelson.
The Saudi-backed league has no official world ranking points yet, meaning some of its players won’t qualify for next year’s Majors, and the rebels have to wait until 2024 for an antitrust lawsuit against the PGA Tour to begin.
Meanwhile, a series of big changes to the PGA Tour have been announced after an unprecedented gathering of 23 top players, led by Woods and McIlroy.
To stem the flow of top players to LIV Golf, the Tour has introduced a $500,000 (£424,000) minimum wage for its players and a $5,000 (£4,200) buffer for missed cuts .
The Tour’s top players have also agreed to coordinate their schedules for 20 PGA Tour events per season to ensure fans can watch the best against the best on a regular basis.
They will face off in 12 high events, with average prize money of $20m (£16.9m) to keep pace with LIV, plus the four majors, Players Championship and three events of their choice. .
The high-profile list of investors backing Woods and McIlroy is the Tour’s latest win, but LIV Golf isn’t expected to go away anytime soon.