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Jon Rahm’s lawyer told a U.S. bankruptcy court that the golfer considers the proposed terms for LIV Golf’s planned 2027 version unacceptable. LIV and Rahm’s representatives are in advanced discussions about a consensual separation, which they hope to finalise before a Nov. 5 hearing. The league has until Oct. 25 to continue talks with players as it seeks to reorganise after Saudi funding was withdrawn.
Jon Rahm is set to leave LIV Golf after deciding the proposed terms for its planned LIV 2.0 are “unacceptable,” his lawyer told a U.S. bankruptcy court. The league and Rahm’s representatives are in advanced discussions over a consensual separation agreement, which they hope to finalise before a Nov. 5 hearing.
Rahm’s lawyer, John Beck, told the hearing that the two-time major champion had reviewed the terms independently and found them unacceptable for him. The court was also told that negotiations between the golfer and LIV over a separation agreement are advanced. The report does not state that the agreement has been signed.
The development comes as LIV seeks to continue after Saudi Arabia’s Public Investment Fund withdrew its multibillion-dollar funding. The league filed for Chapter 11 bankruptcy protection in the United States in September and has secured a possible $300 million financing package from BC Partners Credit to support efforts to stage a 2027 season. PIF is also providing a $49.6 million bankruptcy loan, known as debtor-in-possession financing, to fund the process.
Court documents list Rahm as LIV’s largest unsecured creditor among its 30 largest such claims, with $7.5 million owed. The report says LIV participants are owed at least $45 million and have the option to leave. Players are not obliged to sign on to LIV 2.0, even if they previously agreed to multi-year contracts, according to BBC Sport.
Rahm’s Exit Tests LIV’s Player Plans
Rahm was one of LIV’s most prominent recruits, joining from the PGA Tour in December 2023 in a deal reported to be worth $300 million. His departure would remove a major name as the league tries to persuade players to commit to its proposed next phase. It also puts a high-profile example of the choice facing LIV golfers before the court: whether to accept revised terms, negotiate an exit or explore opportunities elsewhere.
The immediate effect on LIV’s proposed season is not yet known. BC Partners Credit’s head, Ted Goldthorpe, has said he is confident the league can secure a sufficient group of players, but Rahm’s position makes the negotiations more visible. Several player representatives have also asked the court for clarity on whether contract rejection permits their clients to speak with rival tours or sponsors.
Those answers could affect where players can compete and negotiate next. The DP World Tour, for example, is understood to require proof that LIV contracts have ended before discussing players’ futures. A negotiated separation for Rahm could therefore matter beyond his own playing plans, though the terms and any broader consequences have not been disclosed.
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From Saudi Funding to Chapter 11
LIV’s proposed LIV 2.0 is part of an effort to continue the league after the loss of Saudi funding. Chapter 11 protection gives a U.S. company time to reorganise its debts or sell parts of its business while addressing creditor obligations. The court process includes decisions about financing and the status of player contracts.
Rahm had remained with LIV after other players, including Brooks Koepka, returned to the PGA Tour. The PGA Tour rewrote its rules in December to allow Koepka back subject to sanctions. Rahm instead reached an agreement with the DP World Tour in May to retain his membership and eligibility for next year’s Ryder Cup. In August, he won his third consecutive LIV season title.
The hearing also addressed the position of other players. Former Masters champion Sergio Garcia received a special arrangement allowing his contract to be terminated and rejected once the agreement is signed. Lawyers for players including Bryson DeChambeau and Cameron Smith sought clarity on the legal effect of contract rejection. LIV’s counsel said the league needed more time to review individual contracts; those questions were pushed to an Oct. 14 hearing.
“Independently reviewed the terms of LIV 2.0 and determined those terms are unacceptable as to him.”
— John Beck, Jon Rahm’s lawyer
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Separation Terms Remain Unsettled
Rahm’s departure is not yet finalised: the parties are still discussing a consensual agreement, and the report gives no details of its financial or contractual terms. The court was told that finalisation is hoped for by Nov. 5, but that is a target rather than confirmation of a signed deal.
It is also unclear how many players will agree to LIV 2.0 terms, what those terms contain, or which players may seek releases. The league’s financing and plans for a 2027 season remain part of a bankruptcy reorganisation, and the court has not resolved all questions about the effect of rejecting player contracts or discussions with other tours.
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Player Talks and Court Dates
LIV has until Oct. 25 to continue discussions with players under an extension secured through the court process. The league and BC Partners are also working on business and event planning, staff rehiring and efforts to recruit players for a possible 2027 season.
The next key date for Rahm is the Nov. 5 hearing, by which the parties hope to finalise a separation agreement. Further court proceedings may clarify the status of other players’ contracts and whether they can negotiate with rival tours or sponsors. Until those steps occur, Rahm’s exit and the shape of LIV 2.0 remain subject to ongoing negotiations.
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Key Questions
Has Jon Rahm officially left LIV Golf?
Not yet, based on the report. His lawyer said Rahm considers the LIV 2.0 terms unacceptable, and the parties are in advanced discussions about a separation agreement. The agreement has not been reported as signed.
Why does Rahm want to leave?
His lawyer, John Beck, told the bankruptcy court that Rahm independently reviewed the proposed LIV 2.0 terms and found them unacceptable for him. The specific terms and Rahm’s objections have not been disclosed.
What is LIV 2.0?
LIV 2.0 is the league’s proposed next phase, tied to plans to continue with a possible 2027 season after Saudi Arabia withdrew its multibillion-dollar funding. LIV is seeking financing and negotiating with players as part of its Chapter 11 reorganisation.
When could Rahm’s separation be finalised?
The parties hope to finalise a consensual separation agreement by a Nov. 5 court hearing. That date is a target, not confirmation that a deal will be completed.
Are other LIV players also leaving?
The report does not confirm that other players have agreed to leave or join LIV 2.0. Several player representatives have asked the court for clarity about contract status and discussions with other tours, while LIV says it needs more time to review contracts.
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