Jon Rahm is set to leave LIV Golf after rejecting the proposed terms of the league’s post-bankruptcy restructure.
The two-time major champion’s lawyer told a US bankruptcy court that Rahm had independently reviewed the terms of the proposed “LIV 2.0” model and determined they were “unacceptable” to him.
LIV Golf and Rahm’s representatives are now in advanced discussions over a consensual separation agreement, which they hope to finalise ahead of a court hearing on November 5.
The development represents another significant change for LIV as it attempts to emerge from Chapter 11 bankruptcy protection and continue operating in 2027.
Rahm joined LIV in December 2023 in one of the most significant signings in the league’s history and went on to win three consecutive season-long individual titles.
His departure would come despite having previously expressed support for LIV’s long-term future.
Rahm Owed US$7.5 Million
Rahm is also LIV Golf’s largest unsecured player creditor, with court documents showing he has a claim of US$7.5 million.
Players are collectively owed at least US$45 million and are being given the opportunity to decide whether they want to participate in LIV’s revamped structure.
The deadline for those discussions has been extended until October 25.
LIV is attempting to rebuild around financing from BC Partners Credit, which could provide up to US$300 million to support the restructuring and a possible 2027 season.
Players are not required to sign with LIV 2.0, regardless of the length of their previous agreements.
Garcia Also Heading For Exit
Rahm’s move follows Sergio Garcia’s push to formally end his own relationship with LIV.
Garcia received approval for his existing contract to be terminated as well as rejected through the bankruptcy proceedings, clearing a potential path for him to negotiate opportunities elsewhere once the agreement is completed.
The Spaniard has made no secret of his desire to remain involved in the Ryder Cup and has indicated he intends to compete on the DP World Tour in 2027.
Lawyers representing other LIV players, including Cameron Smith and Bryson DeChambeau, have also sought clarity over whether the restructuring allows players to negotiate with rival tours, tournaments and sponsors.
Their positions regarding LIV 2.0 remain unresolved.
For Rahm, however, the direction appears much clearer.
One of LIV Golf’s biggest signings is preparing to leave after three seasons, creating another major question over what the league’s player roster will look like when — and if — LIV 2.0 launches in 2027.
