Jon Rahm Is Walking Away From LIV With $7.5 Million Unpaid And More Than $100 Million Still In Limbo

Less than three years ago, Jon Rahm left the PGA Tour to join LIV Golf. At the time, Rahm was the reigning Masters champion and was ranked as the No. 3 player in the world. It was an major get for the burgeoning golf league, which was promising enormous amounts of money to players to defect from the PGA Tour. In Rahm's case, LIV reportedly offered him $300 million.

Over that time, Rahm has been one of the top players in LIV Golf. But after Saudi Arabia's Public Investment Fund (PIF) announced it would no longer fund the league when the 2026 season completed, LIV laid off most of its staff and declared bankruptcy. And that means many players might leave with less money than they were promised, with Rahm at the top of the list.

Rahm is the largest player creditor on the league's books. LIV owes him $7.5 million in missed payments so far. But it gets worse: Under the original agreement, he still has multiple years and $100 million in guaranteed compensation remaining. That money is up in the air now that Rahm has decided to walk away from LIV.

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LIV 1.0 ended with the PIF pulling out of the league. Though the league's leadership claims a LIV 2.0 is in the works, the revamped league is already causing some players to rebuff it.

Rahm's attorney, John Beck, said that his client would not be returning to LIV after this year, calling the proposed new deal "unacceptable."

"Mr. Rahm has independently reviewed the proposed terms of LIV 2.0 … and has determined that those terms are unacceptable to him, and he will not be participating going forward in LIV 2.0."

At the moment, Rahm's net worth is about $250 million. Missing out on over $100 million is a sizable chunk, even for someone worth a quarter-billion dollars.

LIV Golf also owes money to many of its other top players. According to its Chapter 11 bankruptcy filing, 14 of its 30 largest unsecured creditors are golfers.

That list features several notable players; LIV has outstanding payments to Bryson DeChambeau (owed $5.77 million), Dustin Johnson ($5.49 million), Cameron Smith ($4.84 million), and Adrian Meronk ($4.44 million), among others.

Some of those players may eventually return to a new iteration of LIV Golf, if it exists next year. But it's looking increasingly more likely that the league is going to owe millions of dollars to golfers who will never see that money.

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