TL;DR
Jon Rahm will leave LIV Golf and will not participate in its proposed LIV 2.0, his attorney said at a U.S. bankruptcy hearing on Oct. 7. The league is pursuing a restructuring plan that depends on a proposed $300 million investment and commitments from players; Rahm’s next destination has not been announced.
Two-time major champion Jon Rahm is leaving LIV Golf and will not play in the league’s proposed LIV 2.0, his attorney told a U.S. bankruptcy court on Wednesday. The decision removes one of LIV’s most prominent players as the circuit seeks to restructure in Chapter 11 without continued funding from Saudi Arabia’s Public Investment Fund.
Rahm’s attorney, John Beck, told U.S. Bankruptcy Court of New Jersey Judge Michael B. Kaplan that Rahm had reviewed the proposed terms and rejected them. Beck said Rahm and LIV were working to complete a separation agreement by Oct. 15. The court hearing was part of LIV Golf’s bankruptcy proceedings.
“Mr. Rahm has independently reviewed the proposed terms of LIV 2.0 and has determined that those terms are unacceptable to him, and he will not be participating going forward in LIV 2.0,” Beck said. The statement confirms Rahm’s intention not to join the planned version of the league; the terms of his exit agreement have not been made public.
LIV’s bankruptcy court filing listed Rahm among its 30 largest unsecured creditors, with $7.5 million in past-due payments. That figure covers amounts owed up to the filing, not future contractual obligations. The report said Rahm is believed to be owed more than $100 million overall, but the precise amount and treatment of his contract in the restructuring remain unclear.
Rahm’s Exit Tests LIV’s Rebuild
Rahm’s departure is a serious setback for a league whose effort to recruit and retain star players is central to its proposed restructuring. He is a four-time LIV winner and was the circuit’s seasonlong individual champion in each of the past three seasons. His profile and record made him one of the league’s most valuable sporting assets.
The timing matters because LIV’s proposed new funding is tied to conditions that include signing player agreements consistent with the LIV 2.0 plan. A court filing said the restructuring agreement provides for a proposed $300 million investment from BC Partners, subject to conditions. It is not clear which players must agree for that investment to proceed, or whether Rahm’s exit changes the deal’s prospects.
For golf fans, Rahm’s future also raises a separate question: where he can compete after leaving LIV. His status as a major champion gives his next move wider significance, but no return to the PGA Tour or other circuit has been confirmed.
From LIV Signing to Bankruptcy
Rahm joined LIV Golf in December 2023, while the reigning Masters champion. His contract was reported to be a multiyear deal worth more than $300 million. In May 2026, he said he had several years remaining and did not see many ways out of the agreement.
That position changed as LIV entered bankruptcy proceedings. LIV Golf and related entities voluntarily filed for Chapter 11 protection on Sept. 8. Court records put the entities’ assets between $100 million and $500 million and liabilities between $500 million and $1 billion. LIV CEO Scott O’Neil has said the proposed second version would have 10 tournaments and smaller purses.
On Monday, LIV filed a restructuring support agreement with the bankruptcy court describing the potential BC Partners investment. The agreement extended the deadline for current LIV players to commit to the new league to Oct. 25. Court records also show that Sergio Garcia, a LIV team captain, has been released from his contract.
““Mr. Rahm has independently reviewed the proposed terms of LIV 2.0 and has determined that those terms are unacceptable to him, and he will not be participating going forward in LIV 2.0.””
— John Beck, Jon Rahm’s attorney, speaking at the bankruptcy hearing
Rahm’s Next Tour Remains Unknown
Rahm has not announced where he will play in 2027. PGA Tour CEO Brian Rolapp said on Sept. 15 that the tour had no current plan to restore its Returning Member Program, which allowed Brooks Koepka to return in January. That leaves no confirmed route for Rahm to rejoin the PGA Tour, though the situation could change.
Rahm is a member of the DP World Tour after resolving his dispute with it in May, but the available information does not establish whether that membership will shape his schedule. The final terms of his LIV separation, the total sums he may be owed, and any effect on the restructuring agreement have not been disclosed.
The proposed BC Partners investment is also conditional. The court materials described a requirement for new player agreements but did not identify which players must sign, leaving the league’s path to funding and the status of other players uncertain.
Court Deadlines and Player Decisions
Rahm and LIV were working toward a separation agreement by Oct. 15, according to his attorney. Current LIV players have until Oct. 25 to commit to LIV 2.0 under the extended deadline described in the restructuring agreement. The bankruptcy court will continue considering the league’s proposed restructuring and the conditions attached to the prospective investment.
The next key developments are whether the parties finalize Rahm’s exit, which players sign new agreements, and whether BC Partners’ investment conditions are met. Until those details are known, neither LIV’s funding outcome nor Rahm’s 2027 playing plans can be stated with certainty.
Key Questions
Is Jon Rahm leaving LIV Golf?
Yes. His attorney told the bankruptcy court on Oct. 7 that Rahm will not participate in LIV 2.0 and that the sides are working on a separation agreement.
Where will Rahm play in 2027?
That has not been announced. The PGA Tour said in September it had no current plan to bring back its Returning Member Program, and no other destination has been confirmed.
How much does LIV owe Rahm?
Court records listed $7.5 million in past-due payments among LIV’s largest unsecured claims. That figure does not include amounts owed beyond the bankruptcy filing date; the report said Rahm is believed to be owed more than $100 million overall, but the total has not been confirmed in the available court details.
What is LIV Golf 2.0?
It is LIV’s proposed restructured version of the league. CEO Scott O’Neil has said it would feature 10 tournaments with smaller purses. Its funding plan includes a proposed $300 million investment from BC Partners, subject to conditions that include player agreements.
Source: google-trends
