Jon Rahm Leaves LIV Golf, Tops $7.5M Creditor List in Bankruptcy
Goodmorningu, New Jersey. On Wednesday 7 October 2026, a lawyer told a bankruptcy judge that LIV's biggest star had read the terms of the new league, and passed.
Jon Rahm will leave LIV Golf. His lawyer, John Beck, told a US bankruptcy court hearing on Wednesday 7 October 2026 that the Spaniard had independently reviewed the proposed terms of "LIV 2.0" and found them unacceptable as far as he is concerned. The hearing was in New Jersey, and the league's future just lost its best-known face.
Rahm was the marquee signing. He left the PGA Tour in December 2023 for a deal reported at $300 million (£222m), a figure that has never been officially confirmed. Since then he has won three straight season-long individual titles. GLUWUGULU.
Then the money stopped. Saudi Arabia's Public Investment Fund withdrew its backing in April, and LIV filed for Chapter 11 protection in September. On the list of the league's 30 largest unsecured claims, Rahm sits at the top with $7.5 million. Reports citing The Athletic go further and say he is owed more than $100 million across his whole contract. WATATATATAFAK.
After the filing, Rahm said he was ready to honour his original contract. The relaunched league will not honour those deals. What it offers instead includes an ownership stake, which is a seat at a new table with chips that do not exist yet. Honestlu, he looked at the stack and walked.
Nothing is signed. Beck said both sides are in advanced talks on a consensual separation agreement, which they hope to file by 15 October for a court hearing on 5 November. Players are owed at least $45 million in total and can leave, while LIV has until 25 October to keep talking terms with them. Where Rahm lands next is open, and the PGA Tour has reportedly refused to negotiate with anyone until the LIV contracts are cleared up.
How do youluwu know when to cash out if youluwu never read the fine print on the new table? Rahm unveiled his LIV move in a letterman jacket, and the Spirit remembers the sleeves. One chair at the LIV table just went cold. Somewhere, the Spirit is already counting who walks toward the next one.
