The Actual News

Stay informed without the news wearing you out.

Rahm to leave LIV Golf over 'unacceptable' terms

Rahm to leave LIV Golf over 'unacceptable' terms

Summary

Jon Rahm will leave LIV Golf because he does not agree with the new terms offered by the league. LIV Golf is trying to continue after filing for bankruptcy and getting new financing but owes players money and is negotiating with them about contracts.

Key Facts

  • Jon Rahm decided to leave LIV Golf because he found the new contract terms "unacceptable."
  • LIV Golf filed for bankruptcy in the U.S. in September after Saudi Arabia stopped funding it.
  • The league secured about $300 million in financing to try to continue through the 2027 season.
  • Rahm is the largest creditor owed by LIV Golf, with $7.5 million claimed.
  • Players owe at least $45 million in total from LIV Golf, but they can choose to leave instead of signing new contracts.
  • Some players like Brooks Koepka have returned to the PGA Tour, which changed rules to allow their return.
  • Rahm remained under a long-term LIV contract but kept membership in another golf tour to stay eligible for events like the Ryder Cup.
  • Rahm won his third straight LIV Golf season title in August and has said before that he supports the league’s goal to be sustainable.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Monday's biggest stories, one calm email.