Saudi money, blockbuster names and a unique format: everything you need to know about the LIV Golf series
(CNN)It's the hottest topic in the sport of golf: the LIV Golf series is already making waves -- and it's just one day old.
The new golf tour began on Thursday in London, with fans arriving at the Centurion Club to witness some of the sport's biggest names playing in the inaugural event just north of London.
But what is the LIV Golf series, the new venture which threatens to shake the foundations of the sport to its core?
What is the LIV Golf series?
It's a new tour organized by LIV Golf Investments which consists of eight events across the world, which began in London on Thursday.
Fronted by former world No. 1 Greg Norman, the team-based series runs from June to October with the aim, it says, to "holistically improve the health of professional golf on a global scale to help unlock the sports' (sic) untapped potential."
It is backed by Saudi Arabia's Public Investment Fund (PIF) -- a sovereign wealth fund chaired by Mohammed bin Salman, the Crown Prince of Saudi Arabia and the man who a US intelligence report named as responsible for approving the operation that led to the 2018 murder of journalist Jamal Khashoggi. Bin Salman has denied involvement in Khashoggi's murder.
Saudi Arabia's Crown Prince Mohammed bin Salman attends a meeting with the US Secretary of State in Jeddah, Saudi Arabia, on September 18, 2019.
The PIF has pledged to award $250 million in total prize money. Each of the first seven events will have a total prize purse of $25 million, with $20 million split between individual players and the remaining $5 million shared between the top three teams at the end of each week.
Ahead of the first event in London, the 12 teams were announced, as well as their captain. On Tuesday, captains selected the rest of their teams in a draft format akin to the NFL and NBA drafts.
Unlike typical golfing events, London's event is over three days, not four, with the 48-man field beginning with a shotgun start -- all at the same time -- in the hopes of being a more engaging, action-packed style event.
Competing in a traditional stroke play format, the lowest score will be the winner.
Whereas in the first two rounds, the best two scores will count for each team, in the final round, the best three scores will count, with the lowest overall team score after 54 holes being named the team winner.
For the final event -- a team championship -- the format changes to a four-round, match-play knockout tournament.
Which golfers have signed up?
The eye-watering money on offer has attracted a mix of golfers to sign up for the opening event in London, from all ages, backgrounds and success on the golf course.
Six-time major winner Phil Mickelson and former world No. 1 Dustin Johnson are amongst those to headline the event, while other major winners Sergio Garcia, Martin Kaymer, Graeme McDowell, Louis Oosthuizen and Charl Schwartzel also participated.
Ryder Cup stalwarts Ian Poulter and Lee Westwood also were part of the first cohort to sign up, and the field includes 18 players ranked in the top 100 in the world.
On the other hand, it also provided a platform for other golfers just making their first strides in the sport, including Thailand's 15-year-old Ratchanon Chantananuwat.
According to multiple reports, Bryson DeChambeau and Patrick Reed will be the next big names to sign up to the breakaway tour.
Why is it so controversial?
The LIV Golf series hasn't come without its question marks.
The source of the money, Saudi Arabia's PIF, has led to queries and criticism aimed at organizers and players about choosing to play for money from the country given its human rights record.
The country has been criticized by human rights groups for years. In March, Saudi Arabia executed 81 men in the biggest mass execution in decades. Rights groups have criticized the country for executing people who were minors at the time of the offenses for which they were convicted.
Another avenue of controversy surrounding the league is the breakaway nature from golf's established tours.
The PGA Tour and the DP World Tour -- formerly the European Tour -- have long been where players have plied their trade across the golfing calendar, outside of the four majors.
But, providing monetary and life balance issues as excuses, the decision from a faction of players who broke away to play in the LIV Golf series has been met with mixed reaction from their fellow tour members.
What do the players say?
On the eve of the series, the world's most lucrative golf event, the competitors were grilled by journalists in an often-tense press conference in St Albans, England.
Mickelson was the main focus of attention, mainly because he is one of the sport's biggest stars but also because this will be his first competitive event since his controversial comments about the Saudi Arabian-funded events were published earlier this year by his biographer.
The six-time major winner was quoted from a 2021 interview with author Alan Shipnuck for his upcoming book, "Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf's Most Colorful Superstar," as saying that he would consider joining the proposed Super League because it is a "once-in-a-lifetime opportunity to reshape how the PGA Tour operates."
Shipnuck quoted Mickelson as saying disparaging things about Saudi Arabia's human rights record and asserting that the kingdom killed journalist Khashoggi.
In his opening answer in Wednesday's press conference, when asked about the human rights record of the country providing funding for the venture, Mickelson appeared to be remorseful.
"I don't condone human rights violations at all," he repeatedly said.