NEW YORK.- The Spanish Jon Rahm reached a separation agreement with LIV Golf by which he renounces all his financial claims against the circuit in exchange for recovering his name and image rights, according to court documents.
The agreement, detailed in documents filed Wednesday with the New Jersey Bankruptcy Courtcame after Rahm’s lawyer last week informed the judge Michael Kaplan that the Spaniard would not return to LIV under the proposed new financial plans.
Kaplan must approve the deal next month, when LIV Golf’s fate for 2027 is also likely to be known.
LIV Golf’s Saudi funding was suspended earlier this year and the tour completed a shortened 2026 season in August, in which Rahm won his third consecutive title.
The 31-year-old Spaniard, a two-time winner of tournaments grand slamwas LIV’s largest unsecured creditor, owing $7.5 million when the circuit filed for Chapter 11 bankruptcy last month.
However, the amount owed to Rahm, one of the great golfers of the time, was estimated to be much higher after he signed a contract valued at around $300 million to leave the club. PGA Tour and join LIV in December 2023.
Rahm, winner of the 2021 US Open and of Masters of 2023won four LIV tournaments: United Kingdom and Chicago in 2024, and Hong Kong and Mexico City this year.
More details of the agreement
Under the agreement, LIV will retain the rights related to Rahm’s participation history in previous tournaments, while the golfer will maintain his image, as well as the “Rahmbo” and “Legion XIII” brands, as long as his team name is not used in another league.
Rahm and other LIV players, including Cameron Smith and Bryson DeChambeau, rejected a PGA Tour re-entry program that concluded earlier this year and allowed the return of Brooks Koepka to the circuit.
