The basketball Hall of Famer told the New York Post that he cut off contract negotiations with LIV Golf to join its broadcast team.

LIV Golf Invitational - Bedminster - Pro-Am

Charles Barkley putts on the second green during the golf pro-am.

Getty Images

In an interview with the Post, he said it was in his best interest to commit to his role on the basketball broadcasts.

According to the 59-year-old, he plans to retire from broadcasting at the end of his contract with the network.

According to the Post, a formal offer never came from LIV Golf.

Forbes did not get a response from the two golf clubs.

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The New York Times reported that after he participated in the pro-amateur event at Trump National Golf Club Bedminster, he told reporters he would reject the offer from LIV Golf if he didn't get an offer by Friday. Last week, he told the Post that he was willing to join the broadcast team of the new tour, which was criticized for its financing and Saudi Arabia's human rights record. During an interview Monday on the Dan Patrick Show, he confirmed that he would leave for a $60 million annual salary, triple what he makes between his contract and endorsements. LIV Golf doesn't have a rights deal with a major broadcasting or streaming service, so it broadcasts its tournaments on its website, as well as on the internet.

Surprising Fact

Former President Donald Trump, his son Eric Trump, Caitlyn Jenner, Brian Urlacher, and Chris Harrison were all at the pro-am along with former NBA star Charles Barkley.

According toForbes, Charles Barkley is up to LIV golf and its serious money.

The New York Post reported that Charles Barkley ended his contract negotiations.