323: Cam Young Dominates + LIV Golf’s Uncertain Future (w/ Brody Miller)

The Smylie Show59mMay 4, 2026

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AI-Generated Summary

The future of LIV Golf hangs in the balance after Saudi Arabia's Public Investment Fund (PIF) abruptly pulled funding, leaving the league scrambling to survive. Brody Miller of The Athletic breaks down the collapse, revealing that the final white house meeting in February 2025 was the last real chance for a merger with the PGA Tour—when both sides believed a deal was imminent. But ego, conflicting visions, and PIF’s sudden retreat shattered the dream. Now, LIV faces a radical restructuring: massive cost-cutting, shrinking purses, and a pivot toward a global franchise model with private equity backing. The league’s biggest assets—Bryson DeChambeau and Jon Rahm—may stay only if offered equity, not just salary. Meanwhile, the PGA Tour is poised to welcome back exiles like Brooks Koepka and Patrick Reed through flexible pathways, suggesting a future where LIV’s legacy lives on as a secondary international series rather than a true rival. The real story isn’t just about money—it’s about whether golf’s power structure can absorb or outlast a disruptive force that once promised to reshape the game.

Key Takeaways
1

LIV Golf’s collapse was triggered by PIF’s sudden withdrawal of funding after the final white house meeting in February 2025, where a merger with the PGA Tour was believed to be imminent.

2

Bryson DeChambeau and Jon Rahm will only stay with LIV if offered equity stakes, not just high salaries, due to the league’s drastically reduced financial capacity.

3

The PGA Tour is likely to welcome back LIV defectors like Brooks Koepka and Patrick Reed through flexible pathways, including sponsor exemptions and DP World Tour performance.

4

LIV Golf may survive in 2027 as a scaled-down global series with private equity investment, but not as a direct competitor to the PGA Tour.

5

The league’s core value—$100 million purses and Saudi funding—has vanished, making its product unrecognizable without PIF’s financial backing.

…and 3 more takeaways available in PodZeus

Chapters
0:00
10 min

Rooftop Recording & Shinnecock Hills Preview

Smiley Kaufman sets the scene from a windy Manhattan rooftop, reflecting on the challenges of remote podcasting while building excitement for the upcoming U.S. Open at Shinnecock Hills. He shares his confidence in his game and previews a detailed yardage book analysis of the upcoming PGA Championship.

10:00
10 min

Cam Young’s Dominant Win at Cadillac Championship

He could have given a shot a day and still won the golf tournament.

Highlight
20:00
10 min

The Rise of Young, Fitzpatrick, and the New Golf Elite

The discussion shifts to the emergence of Cam Young and Matt Fitzpatrick as top-tier players, contrasting their journeys from near-obscurity to elite status. Their mental game, technical improvements, and strategic work with coaches are highlighted as key to their success.

30:00
10 min

LIV Golf’s Sudden Collapse & PIF’s Withdrawal

It was just, did he go, it was just ego get in the way and all this.

Highlight
40:00
10 min

LIV’s Future: Franchise Model & Private Equity

Miller outlines LIV’s proposed survival strategy: cutting costs, reducing purses, and selling equity in its 13 teams. He questions the $300 million valuation claims and explores whether private equity can save the league as a global series.

High-Impact Quotes
It was just, did he go, it was just ego get in the way and all this.
Brody Miller31:31
Viral: 85.0
we're not going to make it easy for them. Especially the guys who didn't take their opportunity before.
Brody Miller52:09
Viral: 78.0
He could have given a shot a day and still won the golf tournament.
Smiley Kaufman22:33
Viral: 72.0
Speakers

Host

Smiley Kaufman

Guest

Brody Miller
Topics Discussed
cam young95%liv golf90%liver golf collapse88%pga tour85%bryson dechambeau80%jon rahm80%private equity golf70%mental game golf65%
People & Brands

liver golf

organization

31xNeutral

brody miller

person

22xNeutral

pga tour

organization

18xNeutral

smiley kaufman

person

15xPositive

cam young

person

14xPositive

bryson dechambeau

person

12xPositive

jon rahm

person

10xPositive

public investment fund

organization

8xNeutral

the athletic

organization

7xPositive

doral

place

6xNeutral

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