Jon Rahm walks away from LIV Golf, forfeits $100m

Summarised from 2 outlets · Updated 15 Oct, 19:20 · Archive

Jon Rahm has agreed to forfeit an estimated $100 million still owed to him and leave LIV Golf.

Jon Rahm has officially separated from LIV Golf after reaching a deal in which he forfeited the estimated $100 million remaining on his contract. The golfer's name, image and likeness rights, including the nickname 'Rhambo' and his team name 'Legion XIII', were returned to him as part of the agreement.

Rahm joined LIV Golf in 2023 on a deal reportedly worth between $300 million and $600 million. He won the league's individual championship in each of the three years he competed, accruing $107 million in on-course earnings. However, he rejected the terms of the proposed 'LIV 2.0' structure as unacceptable, according to his attorney John Beck, who stated this at LIV's bankruptcy hearing in October.

LIV Golf filed for Chapter 11 bankruptcy in September after the Saudi Public Investment Fund halted funding in April. Bankruptcy filings show the league owes millions to top players, including Rahm, Bryson DeChambeau, Dustin Johnson and Cam Smith. The other golfers have until 25 October to decide whether to stay with LIV 2.0 or leave.

Rahm is scheduled to play in the DP World Tour's Abu Dhabi Championship on 5–8 November. There is currently no pathway for him to return to the PGA Tour, as he declined its Returning Member Program last year.

How it is being reported

• Jon Rahm’s LIV Golf divorce is final — and it cost him millionsRahm was listed as LIV's biggest unsecured creditor at $7.5 million, though he is reportedly owed over $100 million.New York Post · 15 Oct, 19:01
• Jon Rahm officially walks away from LIV Golf and the estimated $100M still owed to him in dealJon Rahm agreed to forfeit the remainder of an estimated $100 million still owed to him as part of his official separation deal with LIV Golf.Fox News · 15 Oct, 17:29

In this story: Jon Rahm · LIV Golf · Saudi Public Investment Fund · PGA Tour · DP World Tour · Abu Dhabi

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