Tiger Woods turned down an offer of between 700 and 800 million dollars to join the Saudi-backed LIV Series, according to Greg Norman.
The Australian - who is CEO of the breakaway tour - says the 15-time major winner was approached with an offer.
Meanwhile, the PGA Tour has revealed a new prize money structure, with a total of 415 million dollars on offer next season.
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Eight invitational tournaments will also be included in the schedule with 'elevated' purses.
