Jon Rahm Agrees to Give Up LIV Golf Millions to Exit League

By Staff Writer

October 16, 2026

2 min read

Bryan Berlin / CC BY-SA 4.0 via Wikimedia Commons

Key takeaways

Jon Rahm has filed a separation agreement to exit his LIV Golf contract ahead of a November 5 bankruptcy court hearing.
Rahm agreed to forgo remaining guaranteed money from a deal signed in December 2023, reportedly worth more than $300 million.
Court filings list Rahm's claim at $7.47 million, making him LIV's largest unsecured creditor.
In exchange, Rahm regains his personal image rights and the Legion XIII trademark, though he cannot use it in another team golf league.

Jon Rahm has filed a separation agreement with LIV Golf, agreeing to give up the guaranteed money remaining on his contract in exchange for a full release from the league and the return of his image rights, according to court papers filed in LIV's bankruptcy case.

What is Rahm giving up?

Rahm signed with LIV in December 2023 in a deal reported at more than $300 million. Some estimates had placed as much as $100 million still owed to him, but the bankruptcy filing lists his claim at $7.47 million, the league's largest unsecured claim. Under the agreement, Rahm would release LIV from "all monetary and economic claims" tied to his contract, covering any remaining prize money, bonuses and annual payments. The deal still needs approval at a November 5 court hearing.

What does Rahm get back?

Rahm regains his personal image rights, including his "Rahmbo" nickname, and keeps the Legion XIII trademark from the team he captained on LIV, though he gives up his equity stake in the team. A clause bars him from using the Legion XIII marks in another team golf league, a provision that specifically references Rory McIlroy and Tiger Woods' TGL.

Item	Detail
Contract signed	December 2023
Reported contract value	$300 million+
Claim in bankruptcy filing	$7.47 million
Court hearing for final approval	November 5

Walking away from a $7.47 million claim is the price Rahm is paying for a clean break and the return of his name.

What happens next?

Rahm has already ruled himself out of LIV Golf 2.0, and the separation clears him to negotiate elsewhere. The PGA Tour will not revive its returning-member program, commissioner Brian Rolapp has said, so a full DP World Tour schedule in Europe looks like Rahm's likeliest path for 2027, starting with the DP World Tour Playoffs at the Abu Dhabi Championship and the season-ending event in Dubai.

Frequently asked questions

How much money is Rahm giving up?

Court papers list his claim in LIV's bankruptcy case at $7.47 million, and he is agreeing to release the league from further financial claims tied to his contract.

What is the Legion XIII trademark?

It is the name of the LIV Golf team Rahm captained. He keeps the trademark in the settlement but cannot use it in another team golf league, including TGL.