Rahm Leaves LIV Golf Over Unacceptable Terms — SkimNews
Get the Sports newsletter
Daily sports — scores, transfers, the storylines from the leagues you actually follow. Free.
- Jon Rahm deemed the proposed terms of LIV 2.0 'unacceptable' and will leave the league, his lawyer confirmed in a U.S. bankruptcy court hearing.
- LIV Golf secured a potential $300 million financing deal with BC Partners Credit to advance its 2027 season plans amid Chapter 11 bankruptcy proceedings.
- Rahm holds the largest unsecured claim among LIV players at $7.5 million, according to court documents detailing at least $45 million owed to participants.
- Sergio Garcia had his LIV contract officially terminated and rejected by court order, freeing him to negotiate with other tours ahead of the Ryder Cup.
- BC Partners Credit expects to secure enough players for LIV 2.0 by the October 25 deadline, with Ted Goldthorpe expressing confidence in achieving 'critical mass'.
- LIV Golf extended the deadline for player negotiations to October 25, allowing time to assess contracts and clarify whether rejection equals termination for players like Bryson DeChambeau and Cameron Smith.
Why it matters: Rahm’s departure signals a major loss of star power for LIV Golf as it struggles to retain top players during restructuring. With $45 million owed to players and no obligation to re-sign, the league’s survival hinges on securing commitments by October 25 — a deadline now central to its viability.
Ask SkimNews
