The punishment was announced in a memo on Thursday
The most recent announcement from the PGA Tour is that all 17 players participating in the LIV Golf event have been suspended. This move also affects players who resigned their membership before starting the event.
These players won't be able to participate in any tour events or the Presidents Cup.
In the memo, PGA Tour commissioner Jay Monahan wrote: "These players have made their choice for their own financial-based reasons. But they can't demand the same PGA TOUR membership benefits, considerations, opportunities and platform as you. That expectation disrespects you, our fans and our partners."
The memo continues: "You have made a different choice, which is to abide by the Tournament Regulations you agreed to when you accomplished the dream of earning a PGA TOUR card and -- more importantly -- to compete as part of the preeminent organization in the world of professional golf."
Within the memo, it continues to state that these players won't be allowed to compete in any events sanctioned by the PGA Tour. These events include the Korn Ferry Tour, PGA Tour Champions, PGA Tour Canada and PGA Tour Latinoamerica.
Monahan continued: "I am certain our fans and partners -- who are surely tired of all this talk of money, money and more money -- will continue to be entertained and compelled by the world-class competition you display each and every week, where there are true consequences for every shot you take and your rightful place in history whenever you reach that elusive winner's circle."
A few of the players that were suspended are six-time major champion Phil Mickelson, two-time major champion Dustin Johnson and longtime Ryder Cup participants Ian Poulter, Lee Westwood and Sergio Garcia.
LIV Golf CEO Greg Norman also released a statement: "We believe the players are independent contractors and have a right to go play wherever they want to go play."
The inaugural LIV Golf tournament in the US is scheduled for June 30-July 2 at Pumpkin Ridge in Portland, Oregon.
