Jon Rahm will give up around £75m owed to him by LIV Golf after agreeing a separation agreement that will ensure his exit from the league. The league filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia’s Public Investment Fund withdrew its multimillion-dollar support. Spaniard Rahm was listed as the organisation’s biggest unsecured creditor when LIV filed for bankruptcy, owing $7.4m (£5.5m). himself for the remainder of the 2026 season. ESPN reported that he is owed around $100 million (£75 million), separate from the remainder of the $300 million (£222 million) contract he signed when he left the PGA Tour for LIV Golf in December 2023. proposed terms. They are “unacceptable.” Instead, he has given up his entire claim to have a “complete economic exit.” However, he will take the rights to ‘Legion Rahm was the biggest name to join LIV when he left the PGA Tour. 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 a long-term contract with LIV, but in May he reached an agreement with the DP World Tour, formerly the European Tour, to retain his membership and remain eligible for next year’s Ryder Cup. LIV golfers are automatically suspended for one year by the PGA Tour. The DP World Tour offers a path because the top 10 players on the European tour currently gain access to PGA Tour membership. In August, former world number one Rahm won his third consecutive title of the LIV season. He previously said he had no regrets about joining LIV and backed the organizers to make it sustainable.
