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LIV's 2023 plan: 14 events, franchise owners, relegation tournament

Before the circuit's third event at Trump Bedminster, LIV Golf on Wednesday outlined its plans for 2023 that will include a 14-tournament schedule, 12 established team franchises and a relegation tournament at the end of the season.

Though the official tournament schedule will be released at a later date, LIV said that events will be played across North and Latin Americas, Asia, Australia, the Middle East and Europe. All members of the LIV Golf League will be expected to play at each stop, with a total prize fund of $405 million.

In a release, LIV said that the schedule will not compete with either the majors or “heritage” events, with the idea being that “the best players in the game will always be able to make their own choices about where to play.