Jon Rahm Planning to Leave LIV Post-Bankruptcy, Lawyer Says
Rahm was LIV’s biggest star besides Bryson DeChambeau.
Jon Rahm plans to leave LIV Golf post-bankruptcy, according to his lawyer John Beck of Dentons, LLP. During a hearing in the league's Chapter 11 bankruptcy case in New Jersey on Wednesday, Beck stated that Rahm has reviewed the proposed terms of LIV 2.0 and found them unacceptable. Rahm has multiple years left on his LIV contract and is owed more than $100 million in future guarantees.
He earned over $106 million in prize and bonus money during his three seasons at LIV. Now, Rahm and LIV are in advanced discussions for a consensual separation agreement, which they aim to finalize by October 15, with a court hearing scheduled for November 5. If no settlement is reached, Rahm intends to continue fighting LIV in court.
The news is not surprising, as Rahm had been quiet about his future with the league but never committed to continuing to play. He is LIV's biggest star, alongside Bryson DeChambeau, and won't be eligible to return to the PGA Tour until at least next August. Rahm will remain eligible to compete on the DP World Tour and the Ryder Cup.
LIV recently signed a restructuring support agreement with BC Partners, which includes a $4 million loan to aid the Chapter 11 process.
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