CNN reports that Greg Norman, the tour's CEO, says Woods turned down a lot of money to join the Saudi-backed golf series. "They had originally approached Tiger before I became CEO, so, yes, that number is somewhere in that neighborhood." Greg Norman, LIV Golf series CEO, via Fox News. CNN reports that the LIV Golf series has promised to award $250 million in prize money.It is backed by Saudi Arabia's Public Investment Fund which is chaired by Crown Prince Mohammed bin Salman.
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