Overview
- Jon Rahm’s lawyer told a New Jersey bankruptcy court on Wednesday that Rahm found LIV Golf’s proposed terms unacceptable and will not participate while the two sides negotiate a separation agreement.
- LIV filed for Chapter 11 after its Saudi backer withdrew funding and is pursuing a roughly $300 million recapitalization led by BC Partners that is conditional on securing player commitments.
- Sergio Garcia has already won a formal release from his LIV contract and several other players including David Puig and Adrian Meronk have left or are seeking exits, raising fears of a broader exodus.
- Bryson DeChambeau remains undecided and is widely seen as the single most important remaining marquee player whose choice could determine whether LIV 2.0 has sufficient star power.
- The DP World Tour is negotiating conditional invitations for departing LIV players that require rejecting LIV 2.0 terms while the PGA Tour has said it will not reopen its one-time Returning Member program, creating urgent pressure on player decisions and upcoming bankruptcy hearings.