I saw this coming. LIV is running out of money and the other tours are upping guaranteed events.
I don’t like it b/c it will forever doom some tournaments to secondary status (like the Honda Classic - soon to have a new sponsor), and also limit the opportunities for borderline tour players.
I don’t think it’s worked out the way the Saudis expected. They’re looking to get out without losing too much money. The PGA was in control in these negotiations.