Golf 2026 — LIV, Korn Ferry, LPGA and the 2027 board

The 2026 majors are finished and delisted. What replaced them on this page is the part of professional golf nobody builds a dashboard for: the four tours other than the PGA Tour, all four of which settle Sunday, and which between them turned $478,338 in the last day.

The headline is on LIV. Its Indianapolis book runs $218,179 a day and Bryson DeChambeau at 5.5% took $40,465 of it—the deepest leg in the field, and more than the 15% favourite Joaquin Niemann's $24,915. DeChambeau also holds $60,445 of open interest, the largest position in the tournament, at a price that says he wins one time in eighteen. Cameron Smith, also at 5.5%, took $35,075. The two deepest contracts in the book are both longshots at the same price.

Below that: the Korn Ferry tour's AdventHealth Championship at $58,595 with no favourite above 10.5%, the LPGA at Mississaugua where Miyu Yamashita is 73.5% and holds two-thirds of the flow, and the Champions tour at $13,129.

And the DP World Tour's Nexo Championship is a data curiosity worth understanding before you read its chart—see below.

(PGA Tour coverage lives in the FedEx Cup playoffs workspace; this page deliberately does not duplicate it.)

Four tours, four Sunday finishes. LIV Indianapolis is the deep book; Korn Ferry is the flat one—no contract above 10.5% across the entire field, which is what a genuinely open tournament looks like when a book has real volume behind it ($58,595).

The Champions tour's Rogers Charity Classic is the thin one at $13,129, and it has an open-interest quirk: Zach Johnson at 9% holds $8,293, more than twice the open interest on the 12.5% favourite Miguel Ángel Jiménez.

The spotlight, because it is the most interesting pair of contracts in golf this weekend.

DeChambeau at 5.5% took $40,465 and holds $60,445 of open interest. Niemann at 15%, the actual favourite, took $24,915 and holds $40,003. The book's most-traded and most-held contract is priced at roughly a third of the favourite's odds.

There is a plain reading: LIV's field is small and top-heavy, DeChambeau is its biggest name, and name recognition draws retail flow regardless of price. There is also a less plain one, which is that somebody with a view is accumulating. The order book does not distinguish them—but the pattern (deepest volume and deepest open interest on the same longshot) is the shape accumulation makes, and it is worth watching into Sunday.

A word on the Nexo Championship chart below, because it will look broken and is not.

The DP World Tour event has finished, and every contract in the book shows a 50% midpoint with no quote—the platform's standard rendering for a settled market whose feed has stopped publishing. The $151,283 of 24-hour volume attached to it was traded during the round, not at 50%. Open interest is still visible and still meaningful: $14,186 on Matthew Baldwin, $4,493 on Adri Arnaus.

Read it as a settled book, not a field of coin flips. The same artifact shows up elsewhere on Kalshi whenever a Categorical settles between quote refreshes.

The 2027 board, which is where the majors story goes next.

Golfers to win a 2027 major prices Scheffler at 54% and McIlroy at 41.5%—and turned $322 in a day. Its deepest open interest is not either of them: it is $834 on Jackson Koivun at 19%, ten times Scheffler's $82.

The 2027 Ryder Cup prices Europe 53%, USA 42%, Tie 5.5%—a book summing to 100.5%, unusually tight for a three-way a year out. The open interest is lopsided the other way: $8,408 on the USA, $3,239 on the Tie, $2,829 on Europe. The money is on the team the price says is behind.

• DeChambeau on Sunday. If a 5.5% contract carrying the field's deepest volume and open interest converts, that is the clearest accumulation signal the LIV book has produced.
• Whether Kalshi relists the 2027 majors series with real depth. $322 a day on a full-field major book is a placeholder, not a market. The Masters futures usually thicken in the autumn.
• The Ryder Cup open-interest inversion. More money on the USA at 42% than Europe at 53%. Thirteen months is a long time for that to sit.
• Korn Ferry's flatness. No contract above 10.5% on $58,595 of volume is a properly efficient book. It is the best small-tour price discovery on the exchange and worth watching as a benchmark.
• The Nexo rendering. If the 50% midpoints persist after final settlement, that is a feed issue rather than a market one—useful to know when reading any settled Categorical here.

The 2026 record, retained. Wyndham Clark won the U.S. Open at Shinnecock wire to wire; Ryan Fox took The Open. Both books are settled and Kalshi has delisted the surrounding series, so these two charts are the durable part of what was here.