Action Images via Reuters/Matthew Childs
Oct 8, 2026 11:46 AM
Jon Rahm is leaving LIV Golf after rejecting the proposed LIV 2.0 structure, creating another major problem for the league during Chapter 11 restructuring.
Jon Rahm’s turbulent run with LIV Golf is coming to an end, and the timing couldn’t be much worse for a league fighting to survive bankruptcy.
During a federal bankruptcy hearing Wednesday, Rahm’s attorney said the two-time major champion reviewed the proposed terms for the revamped “LIV 2.0” and decided he won’t participate in the restructured circuit.
“Those terms are unacceptable to him,” attorney John Beck told the court, adding that Rahm and LIV are working toward a separation agreement that could be completed by Oct. 15.
Rahm, 31, joined LIV in December 2023 in one of the biggest defections from the PGA Tour. His deal was reportedly worth more than $300 million, and he immediately became one of the league’s most important players.
On the course, he delivered.
Rahm won the LIV individual season championship in three consecutive seasons and became a four-time winner on the circuit. But LIV’s financial picture has changed dramatically.
The league filed for Chapter 11 bankruptcy protection in September, listing between $100 million and $500 million in assets against liabilities of $500 million to $1 billion.
Court records list Rahm as LIV’s largest player creditor, with $7.5 million in unsecured claims tied to past-due payments.
LIV is now trying to rebuild around a new ownership structure and up to $300 million in financing from BC Partners Credit, but that investment comes with conditions ... including securing commitments from key players.
Rahm’s exit complicates that plan immediately.
It also raises the obvious question: Where does he play in 2027?
Rahm remains a member of the DP World Tour, but there’s currently no automatic path back to the PGA Tour. PGA Tour CEO Brian Rolapp said recently that there are “no current plans” to reopen the Returning Member Program that Brooks Koepka used earlier this year.
Rahm’s future may be uncertain. LIV Golf’s future now looks even more uncertain.
Comments
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy