“LIV’s teams are set up to operate independently, signing their own commercial deals and players. The league owns a majority (75%) of the teams, while franchise captains own the remaining 25%.
LIV is expected to bring on more players this offseason, but the large signing bonuses of 2022 and 2023 are thought to be a thing of the past. Now, the financial onus is expected to be more on the teams to bring players aboard.“