Rahm sacrifices £75m to secure exit from LIV Golf

Jon Rahm sacrifices a reported $100m (£75m) still owed to him by LIV Golf to secure his exit from the league.

By Emily Salley and Laura Scott · BBC

Published: Friday, 16 October 2026 at 5:52 PM

Key Things to Know

Jon Rahm agreed to waive roughly £75m owed by LIV Golf to secure his immediate release.
LIV Golf filed for Chapter 11 bankruptcy after Saudi Arabia's Public Investment Fund withdrew its financial backing.
Rahm deemed the proposed terms for a restructured 'LIV 2.0' to be unacceptable.

The Story in 60 Seconds

Jon Rahm has reached a separation agreement to leave LIV Golf, sacrificing an estimated £75m owed from his contract to secure a complete economic walk-away. The league previously filed for Chapter 11 bankruptcy protection after Saudi Arabia's Public Investment Fund withdrew funding. Although LIV pursued restructuring financing, Rahm deemed the proposed terms unacceptable.

Under the agreement, Rahm retains the rights to his team name, Legion XIII, with restrictions on using it in Tiger Woods and Rory McIlroy's TGL. Rahm holds DP World Tour membership, which could provide a potential pathway back to the PGA Tour.

Read the full article on BBC

Rahm sacrifices £75m to secure exit from LIV Golf

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