Jon Rahm leaves £75.5MILLION on the table to walk away from LIV as bankrupt tour lets go of one of its biggest stars in major blow
Jon Rahm has left a staggering multi-million-pound sum on the table after walking away from rebel tour LIV Golf following Saudi Arabia’s exodus from the sport.
The Spanish star deemed the terms of the LIV 2.0 to be ‘unacceptable’, after Saudi’s Public Investment Fund (PIF) announced that it would stop funding the tour at the end of the 2026 season.
The tour plans to rebuild with new backers BC Partners, a private equity group, but Rahm will not be part of the cohort playing in 2027 after coming to a ‘consensual separation agreement’ with LIV.
Rahm and LIV have reached a deal to release all of his monetary and economic claims against the league, with Rahm previously the organisation’s largest unsecured creditor owed £5.7m of his contract after LIV filed for bankruptcy last month.
But in walking away, Rahm has also foregone the remainder of his contract, which adds up to a staggering £75.5m ($100m).
In exchange for doing so, the 31-year-old is believed to receive rights to his name, image and likeness in return.
Jon Rahm has walked away from the £75.5m outstanding from his lucrative contract with LIV
This will mean the return of his nickname ‘Rahmbo’ used on the tour, and his ‘Legion XIII’ team name, which he played under on the LIV tour.
Confirmation of Rahm’s deal with LIV will come on November 5, when it will be judged by US Bankruptcy Court of New Jersey Judge Michael B Kaplan.
Rahm has won the past three seasons of the tour after being tempted to join the Saudi-backed rebels by a mammoth contract agreed at a reported £258m ($350m) – to be paid out over multiple years.
While LIV 2.0 will hope that many of their big-name stars stay and continue to play for the second coming of the tour, their filing for bankruptcy in New Jersey opened the door for stars like Rahm and Tyrrell Hatton to wrap up their time on the tour.
Daily Mail Sport reported last month that while Bryson DeChambeau‘s deal expired at the end of the 2026 season, he is expected to recommit in return for equity in the league.
The rebel golf circuit, which launched in 2022 with the financial backing of the PIF, paid nine-figure bonuses to lure top players like Brooks Koepka, Dustin Johnson, DeChambeau and Rahm away from the PGA Tour.
Further temptations including lucrative prize money, with some tournaments offering up to $20million in funds.
But it all began to fall apart earlier this year with PIF’s withdrawal, prompting a number of events to be cancelled in 2026.
