Jon Rahm was arguably the most high-profile name to join LIV when he left the PGA Tour in December 2023 for a deal worth reportedly £222 million ($300 million).
Jon Rahm will leave LIV Golf after considering the proposed terms of LIV 2.0 as “unacceptable,” his lawyer has told a bankruptcy court.
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The league, which filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia withdrew its billion-dollar funding, has secured possible funding of $300 million from BC Partners Credit to try to move forward with the 2027 season.
Rahm’s lawyer, John Beck, told the court that the 31-year-old Spaniard “independently reviewed the terms of LIV 2.0 and concluded that the terms are unacceptable to him.”
It was later said that LIV and Rahm’s representatives are “in talks on a consensus-based separation agreement between Mr. Rahm and LIV.”
It is hoped that this will be finalized during a court hearing on November 5.
LIV’s participants are owed at least $45 million (£33 million) and have the option to leave. However, the deal secures an extension for the league to discuss terms with its players, with talks now open until October 25.
Documents outlining the money owed to LIV Golf’s creditors with the 30 largest unsecured claims show that two-time major winner Rahm tops the list with an unsecured claim of $7.5 million (£5.5 million).
BBC Sport reports that there is no obligation for players to sign at LIV 2.0, regardless of whether they had previously signed multi-year contracts with LIV Golf.
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 reportedly £222 million ($300 million).
Some players, including Brooks Koepka, have since returned to the PGA Tour, which rewrote its rules in December to allow the five-time major winner to return, subject to certain sanctions.
Rahm did not follow suit and remained under long-term contract with LIV, but in May struck a deal with the DP World Tour – formerly the European Tour – to keep his membership and remain eligible for next year’s Ryder Cup.
In August, the former world number one won his third straight LIV season title.
He has previously said that he does not regret joining LIV, and gave the organizers his support to make it sustainable.
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