Jon Rahm leaving LIV Golf, attorney reveals, dealing blow to bankrupt league, tell me about this news today

Jon Rahm is leaving LIV Golf after three seasons, dealing a major blow to the circuit as it attempts to restructure.

The Straits Times

During a bankruptcy court hearing, Rahm’s attorney, John Beck, revealed that the two-time major champion independently reviewed the proposed terms for the league’s upcoming iteration, known as “LIV 2.0,” and determined they were completely unacceptable. As a result, Rahm will not participate moving forward.

The Straits Times+ 1

The development comes as LIV Golf navigates significant financial restructuring following Chapter 11 bankruptcy proceedings. Under the reorganization, existing player contracts are being nullified or altered, prompting intense legal and financial disputes over millions in remaining commitments. While LIV has been working on a transition and secured new investment backing to attempt a relaunch, losing one of its marquee foundational players creates a massive obstacle for the league’s future.

Ground News+ 2

Legal representatives for both sides are currently engaged in discussions regarding a potential consensual separation agreement ahead of upcoming court dates, while Rahm’s next career move remains uncertain.

Ground News