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LIV’s latest court filings paint clearest picture of league’s lavish spending

LIV Golf's most recent bankruptcy court filings are a reminder of just how much money it takes to run a flashy golf league.

Published: Friday, 23 October 2026 at 9:10 PM
LIV’s latest court filings paint clearest picture of league’s lavish spending
Key Things to Know
  • New bankruptcy court filings have revealed extensive details regarding LIV Golf's massive spending and outstanding debts.
  • The documents show debts ranging from small vendor bills to millions owed to Jon Rahm and Bryson DeChambeau.
  • Records reveal Greg Norman received $9.4 million in settlements and bonuses months after being replaced as CEO.
The Story in 60 Seconds

Thousands of pages of bankruptcy filings submitted across LIV Golf's international entities have detailed the full scale of the league's extensive debts and spending. The documents list assets and liabilities ranging from small operational expenses to millions of dollars owed to star golfers, including Jon Rahm and Bryson DeChambeau. The filings follow the Saudi Public Investment Fund's decision to stop funding the league, leading to widespread restructuring under CEO Scott O'Neil.

The records also document significant prior payouts, including quarterly sums of nearly $5 million to Rahm and over $9 million in settlement and bonus payments to former CEO Greg Norman. Independent directors Eugene Davis and Jon Zinman were brought in at $150,000 per month to manage the restructuring. Numerous obligations, including potential sums owed to Phil Mickelson and ongoing lawsuit claimants, remain officially listed as undetermined.

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