The beta test is over. And now LIV Golf embarks on its second season, rebranded as the LIV Golf League for 2023 and rallying around the team aspect of the competition as the 14-event schedule kicks off at Mayakoba Resort in Mexico.

What’s new for 2023? A new TV deal—you can find weekend action in the U.S. on The CW Network from 1-6 p.m. ET—and a new/first global partner in EasyPost. New logos for several of the teams, and new names for two: Bubba Watson’s Range Goats and Cam Smith’s Ripper. New players too, most notably Thomas Pieters (ranked No. 36 in the latest OWGR).

What isn’t new? The rather large prize money payouts for a 48-field, no-cut event. The overall purse for the individual competition at El Camaleon Golf Club is $20 million, with everybody guaranteed to take home at least a six-figure check. Finish 48th at Mexico and you’ll make $120,000, which is just a little more than the equivalent of 18th at this week’s Honda Classic on the PGA Tour.

In addition to an individual competition, there is $5 million up for grabs in the team portion of the event. The four-man squad that wins will divvy up $3 million with the second-place team splitting $1.5 million among their foursome.

Here’s the prize money payout for the field at Mayakoba.

INDIVIDUAL

Win: $US4,000,000 ($A5.9 million)

2: $2,125,000

3: $1,500,000

4: $1,050,000

5: $975,000

6: $800,000

7: $675,000

8: $625,000

9: $580,000

10: $560,000

11: $540,000

12: $450,000

13: $360,000

14: $270,000

15: $250,000

16: $240,000

17: $232,000

18: $226,000

19: $220,000

20: $200,000

21: $180,000

22: $172,000

23: $170,000

24: $168,000

25: $166,000

26: $164,000

27: $162,000

28: $160,000

29: $158,000

30: $156,000

31: $154,000

32: $152,000

33: $150,000

34: $148,000

35: $146,000

36: $144,000

37: $142,000

38: $140,000

39: $138,000

40: $136,000

41: $134,000

42: $132,000

43: $130,000

44: $128,000

45: $126,000

46: $124,000

47: $122,000

48: $120,000

TEAM

Win: $3,000,000

2: $1,500,000

3: $500,000