Mattyv the players had to earn their paychecks
Technically, yes, but in reality, that concept disappeared ages ago, when the big name sponsors started paying big money. The players are rich as long as the sponsors pay for outside the ropes commitments.
Fowler has done jack shit his entire career and he could live off what he has now, and then some, from Puma alone.
Also, I keep reading that LIV members have to "sign up" or sign a contract for a certain amount of events or years?
Does that mean if they don't live up to their billing, these contracts don't get renewed or offered up again?
As in, they lose their LIV tour card (as there is no publicly stated minimum standard of qualification so far) to be on that tour.
If so, they would certainly have to earn their next contract offer, just like all the Pro Sports basically do.