
AI-generated summary
LIV Golf filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia withdrew its multibillion-dollar funding. Jon Rahm joined LIV Golf in December 2023 from the PGA Tour for a reported £222m ($300m) deal.
Jon Rahm will leave LIV Golf after deeming the terms for LIV 2.0 "unacceptable", his lawyer has told a bankruptcy court hearing.
The league, which filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia withdrew its multibillion-dollar funding, has secured a possible $300m in financing from BC Partners Credit in order to try to move forward with the 2027 season.
Spain's Rahm was arguably the most high-profile name to join LIV when he left the PGA Tour in December 2023 for a deal worth a reported £222m ($300m).
His lawyer, John Beck, told the hearing the 31-year-old "independently reviewed the terms of LIV 2.0 and determined those terms are unacceptable as to him".
It was later said that LIV and Rahm's representatives are "in advanced discussions for a consensual separation agreement between Mr Rahm and LIV".
It is hoped this will be finalised by a court hearing on 5 November.
LIV's participants are owed at least $45m (£33m) and have the option to leave.
However, the agreement secures an extension for the league to discuss terms with its players, with talks now open until 25 October.
AI outlook — possibilities, not facts
Jon Rahm's departure from LIV Golf will be finalized by a court hearing on November 5.
Very likely · Within weeks
LIV Golf will continue discussions with its players about terms until October 25.
Certain · Within weeks

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