Golf star Rahm quitting LIV tour over ‘unacceptable’ terms

Jon Rahm, a prominent golfer, is quitting LIV Golf due to "unacceptable" terms, according to his lawyer. This significant decision comes as the Saudi-backed league attempts to relaunch itself after declaring bankruptcy. Along with Bryson DeChambeau, Rahm was one of the most prominent golfers to defect from the PGA Tour and join LIV.

However, LIV filed for bankruptcy protection last month. Retaining popular stars like Rahm was seen as crucial to the tour's prospects for the upcoming LIV 2.0 season. Rahm's lawyer, John Beck, stated that after reviewing the proposed terms, they were deemed unacceptable, and he will not participate in LIV 2.0. Discussions for a consensual separation agreement are ongoing, with the agreement expected to be presented before the court next month.

If no agreement is reached, Rahm intends to pursue legal action. LIV Golf's bankruptcy filing shows that the tour owes between $500 million and $1 billion to at least 1,000 creditors, including star players. Despite this financial strain, new lead investor BC Partners Credit has pledged an initial funding commitment of up to $300 million to help LIV relaunch in 2027.