Cameron Smith said that prize money in professional golf has gotten out of control in recent years and argued that the sport should return to its old order. This assessment, made after his transition to LIV Golf, brought the big budget debate in golf back to the agenda.
Smith's words came at a time when criticisms that LIV Golf was changing the economic balance of the game with its high payments continued. The league, supported by the Saudi Arabian Public Investment Fund, has created a new competitive line in professional golf since 2022 with short and non-qualifying format tournaments and large prize pools.
The money race in golf has grown
While tournament prizes have steadily increased in recent years, the spread of non-qualifying events has meant bigger earnings for players. This situation led the PGA Tour to respond and increase prize pools as well.
The emerging financial race has become one of the most controversial topics in the sport over more than four years. Smith's statement brought back the question of how far the economic limits of the game can expand.
Smith's LIV move and today's statement
Cameron Smith was among those who left the PGA Tour in 2022 and joined LIV Golf. The report stated that the Australian player signed a multi-year contract worth $140 million in return for this agreement.
In an interview with the Daily Mirror, Smith said that the last four or five years have brought very big changes for golfers. However, he added that it is time for everything to return to the old order at the end of this change.
His words came in response to a question about expectations that Saudi funding would officially withdraw at the end of the 2026 season. This comment was made while economic question marks about the league's future continued.
The figure at the center of criticisms
Smith's statements were found even more striking for players loyal to the PGA Tour who have not received contracts over $100 million. Because a figure who joined the system with high earnings saying that the money flow has grown too much deepened the debate.
The report also mentioned that Smith has not won a LIV event since 2023 and was eliminated in six of the last seven major tournaments. However, it was reminded that he gained a great fortune thanks to this deal that changed his career.
Smith previously explained his move to LIV Golf not as a decision to grow the game but as a commercial decision. He said he could not refuse the offer made to him.
At the point he has reached today, whether Smith can speak as an authority on the sport's financial structure has also become a topic of discussion. However, his statements once again brought the question of whether the money system in professional golf is sustainable to the center.