CEO Greg Norman revealed that Tiger Woods rejected a staggering PS655MILLION offer from Saudi Arabia to join LIV Golf.
The legend insisted that there was no incentive to stop working hard and taking advantage of the opportunities offered by majors.
Tiger Woods refused a defect to the LIV Golf Series
Greg Norman, second from left, persuaded many top players to leave for big money.
The controversial breakaway group was funded by the Saudi government through their Public Investment Fund. It has caused a major civil war in golf.
They've already lurred many money-grabbing stars across the globe, with defectors like Dustin Johnson and Ian Poulter forgoing their PGA Tour or DP World Tour memberships in order to get the astronomical amounts of cash.
Mickelson signed up for PS160m, it is believed.
LIV Golf was keen to acquire Woods, arguably the most influential and transcendent golfer of all time.
The 15-time major champion was not having it and pledged allegiance the PGA.
When Norman was asked by Fox News about the offer of $700-$800m, Norman said it was "somewhere within that neighborhood".
LIV Golf's frontman said: "That number existed before I became CEO.
"Yes, that number was out there.
"Tiger is a needle-mover. You have to see the best.
"The original contact Tiger was before I became CEO, so yes, that number is in that area."
Woods attracts huge crowds wherever and whenever he plays, even though he is 46 years old and well below his best.
He would rather live through the trials and tribulations on a regular tour than be able to pocket the guaranteed cash.
Woods said that the Saudi rebels had "turned their back" on golf just before last month's The Open At St Andrew's.
American stated: "I disagree to those who have gone LIV, I believe they have turned their backs on what allowed them get to this point.
"Some players have never even had the chance to play on one of these tours."
They have been promoted from amateur to professional and never had the chance to experience what it's like to be a part of a big event or to play on a schedule.
"Some of these players might never get the chance to play at major championships. It is possible.
They will never have the chance to see this. Take a stroll down Augusta National's fairways.
"I don’t get it. I don't understand what these players do for guaranteed money. What is the incentive to put your practice into action? What incentive is there to get it in the dirt?
"You're just getting paid a lot up front and playing in a few events. You only play 54 holes."
"They are blasting music. I understand 54 holes of the Senior Tour. The older guys are a bit more beaten up.
"72-hole tests are part and parcel of life when you're young. We used to have 36 hole play-offs for majors.
"I don't think this is a long-term positive. It would be sad for some of these children to never have the opportunity to visit these historic grounds and to play in these majors.
Norman supported his venture, despite close ties to Saudi Arabia and heavy backlash from 9/11 victims supporters.
Woods also called out the Australian for leading the rebellion.
He said, "I know what the PGA Tour stands behind, what it has given me: the ability to chase our careers, to win the trophies that we play for, and to get what we get, and the history that has been a part of this sport.
"I am sure Greg tried back in the early Nineties to do what he's doing now.
It didn't work back then, and he's trying to make it work again. It's still not in the game's best interest.
"All the governing bodies -- the PGA Tour and the European Tour -- we all see it differently from Greg."