Jon Rahm Won't Participate in LIV Golf After 'Unacceptable' Proposed Terms Amid Bankruptcy Case

Jon Rahm does not plan to spend his 2027 season with the newest version of LIV Golf.

Rahm's attorney shared the news in a statement provided Wednesday to The Athletic's Gabby Herzig.

"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," Rahm's attorney said, per Herzig.

LIV Golf filed for Chapter 11 bankruptcy protection in New Jersey Sept. 8 and has since shared plans to launch a restructured version of the league under the name LIV 2.0.

According to Herzig and The Athletic's Brody Miller, Rahm's attorney is working to "finalize a separation agreement by Oct. 15," ahead of a player commitment deadline recently moved to Oct. 25.

The news comes after Golf Digest's Joel Beall reported Rahm's contract hearing in bankruptcy court would not take place until Nov. 5.

LIV Golf was initially founded in 2021 with funding from the sovereign wealth fund of Saudi Arabia.

The organization now has the goal of reorganizing with funding from the private equity group BC Partners Credit, per Reuters.

Rahm signed with LIV Golf in 2023 on a multiyear deal worth more than $300 million, per ESPN's Mark Schlabach.

He said last May he had "several years" remaining in his contract and didn't "see many ways out" of the deal, Schlabach reported.

Golf Digest's Joel Beall later reported "the restructuring of LIV's bankruptcy would likely release LIV players from their existing contracts."

That release could set up the potential for Rahm and the PGA Tour to consider a potential reunion.

According to Beall, the PGA Tour "won't even entertain conversations with players or their agents until they prove they are out of their LIV contracts."

"Agents and players are expecting a one-year suspension from tour-related activities at minimum, meaning they are hoping to understand where they can play in 2027," Beall reported.

The PGA Tour previously created a one-time Returning Member Program through which LIV Golf players could return to at the cost of steep financial penalties. That opportunity was taken earlier this year by Brooks Koepka but declined by Rahm, Bryson DeChambeau and Cameron Smith.

PGA Tour CEO and commissioner Brian Rolapp said in August there is no similar pathway currently in place.

Whether the organization ultimately introduces another player return pathway could impact Rahm as well as which DeChambeau and Smith, the latter two of which have not yet committed to returning for LIV 2.0.

Rahm said in May he had settled a dispute with the DP World Tour and would be allowed to play in the 2027 Ryder Cup.

Golf Channel recently reported Rahm is "believed to be obligated to play twice more... to fulfill the requirements of that arrangement," most likely during the DP World Tour Play-Offs this November in Abu Dhabi and Dubai.

Should Rahm not be given an exemption to rejoin the PGA Tour, he could potentially play on the DP World Tour in 2027 with an eye on earning a 2028 PGA Tour card.

LIV Golf will hope to keep DeChambeau and Smith in the fold amid ongoing hearings to determine a potential bankruptcy in which Miller and Herzig report Rahm could be the league's largest creditor.