LIV Golf Bankruptcy Filing Details Millions Owed to Vendors, Stars

LIV Golf's bankruptcy case produced a fresh wave of court filings Thursday, laying out in detail what the league owes vendors, broadcasters and its own players across its international entities, 13 team franchises and dozens of subsidiaries.

What does LIV Golf owe its vendors?

The 292-page filing for LIV Golf Incorporated lists assets and liabilities running from $13.46 owed to FedEx to seven-figure sums owed to Jon Rahm and Bryson DeChambeau. In between are dozens of vendor debts covering the everyday cost of running a global tour: music licensing, travel, technology and public relations.

*LIV has disputed these claims.

Run Like a Deer, Inc. is the company owned by comedian Andrew Santino, who produced broadcast content with LIV over the years. Other listed creditors include Equinox ($22,850), transcription service ASAP Sports ($9,350) and public relations firm Narrative Strategies ($27,000).

How much is LIV paying its biggest names?

Rahm's Player Participation Agreement is paid out in quarterly installments of $4.946 million, close to $20 million a year. Greg Norman, who was replaced as CEO last year, received a $5.8 million settlement in September 2025 and a separate $3.6 million bonus on the same day. Eugene Davis and Jon Zinman, the independent directors brought in during April to oversee the league's restructuring, are paid $150,000 a month each.

A document that marks itself undetermined 808 times is a company still working out what it owes, not one that already knows.

Why is LIV Golf in bankruptcy?

The filings follow Saudi Arabia's Public Investment Fund signaling this past summer that it would no longer bankroll LIV's future, which pushed CEO Scott O'Neil toward the bankruptcy filing before he was ready to publicly commit to it. Many of LIV's existing contracts have since been rejected or are expected to be, and a bankruptcy judge has approved releasing some players from their deals entirely.

Beyond the listed debts, the word "undetermined" appears 808 times in the LIV Golf Incorporated document, covering unresolved amounts owed to players such as Phil Mickelson and disputed claims from World Golf Group and Premier Golf Group, which allege LIV took concepts from their original pitches.