Tiger Woods turned down $1 billion to join Saudi Arabia-backed rebel streak

Tiger Woods

Tiger Woods wasn’t lured by the financial benefits of joining LIV Golf (Picture: Getty)

According to Greg Norman, Tiger Woods turned down a $1 billion offer to compete in the Saudi-backed LIV Golf Invitational Series.

The breakaway tour is set to kick off at the Centurion Club on Thursday with prize money approaching £20million.

LIV Golf spearhead Norman struggled to attract golf’s top stars to St Albans but managed to attract the likes of Lee Westwood, Phil Mickelson and Dustin Johnson.

Phil Mickelson

Phil Mickelson will play LIV Golf’s first event at Centurion Club (Image: Getty)

However, securing Woods, whose net worth is estimated at around $1.7 billion, has proved difficult, despite Norman offering the 46-year-old a mammoth fee to join.

The Australian said: “Woods turned down a deal that was staggeringly large; we’re talking high nine-digit numbers here.”

Woods recently returned to action at the Masters in April after suffering serious injuries in a car accident last year.

Dustin Johnson confirmed last week that he has joined Norman’s rebel tour (Picture: Getty)

The Floridian has struggled to make a name for himself in Augusta or at the US PGA Championship in May, but has reiterated his desire to continue competing in the game’s biggest events.

The PGA Tour has warned that players who join the Rebel Series will be banned from their tournaments for life.

A 48-strong field will compete in Hertfordshire this week despite the PGA Tour’s stance.

On Saturday, World No. 33 Kevin Na announced his retirement from the PGA Tour, while Mickelson confirmed on Monday he would play LIV Golf’s first event with a winner’s prize of over £3million.

There are a number of players at Centurion Club who are also at the US Open next week.

As things stand, they’ll pitch it in the Major, with the USGA – the organizers of the US Open – yet to ban players from participating in Norman’s breakaway tour.

LIV Golf has seven more tournaments planned for later this year in the United States and Asia.

MORE : Phil Mickelson risks lifetime PGA Tour ban by signing up for Saudi Arabia-backed event

MORE : Rory McIlroy dismisses quality of field at opening event of Saudi rebel tour

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General Sports Tiger Woods turned down $1 billion to join Saudi Arabia-backed rebel streak

Nate Jones

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