LIV 2.0 was pushing player equity and prize money that was more than half of the $20 million purses for individuals when it began in 2022. LIV Golf files for bankruptcy amid funding loss and key player departures from the LIV 2.0 era. LIV Golf lost Saudi Arabia funding in April after having spent more than $5 billion since 2022, which led to its filing for bankruptcy in September.