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From US$500M defection to bankruptcy court: tracking Jon Rahm’s turbulent LIV Golf journey

Jon Rahm is set to officially sever ties with LIV Golf, dealing a catastrophic blow to the breakaway league as it attempts a desperate “LIV 2.0” relaunch. During a U.S. bankruptcy hearing in New Jersey on 7 October, Rahm’s attorney…

By Jonhenry Wilson · Golf365

Published: Wednesday, 7 October 2026 at 9:27 PM

Key Things to Know

Jon Rahm is set to officially sever ties with LIV Golf after rejecting restructured contract terms.
Rahm's attorney confirmed the decision during a U.S. bankruptcy hearing following the withdrawal of Saudi PIF funding.
Rahm is reportedly still owed up to $150 million from his original LIV Golf contract.

The Story in 60 Seconds

Jon Rahm is set to officially part ways with LIV Golf following a U.S. bankruptcy hearing in New Jersey on October 7, 2026. Rahm's attorney confirmed the golfer rejected the league's restructured terms under its proposed "LIV 2.0" relaunch. Rahm is currently negotiating a consensual separation agreement after Saudi Arabia's Public Investment Fund withdrew funding, placing the league into Chapter 11 bankruptcy.

Rahm is reportedly still owed up to $150 million from his original contract, signed in late 2023. His departure opens the possibility of a return to the DP World Tour for the 2027 season and an eventual path back to the PGA Tour.

Read the full article on Golf365

From US$500M defection to bankruptcy court: tracking Jon Rahm’s turbulent LIV Golf journey

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