Rahm Owed Nine Figures as LIV Golf Sparks Bankruptcy Talk and Player-Owner Pivot

Jon Rahm is reportedly owed more than $100 million by LIV Golf as the Saudi-backed league contemplates bankruptcy and a shift to LIV 2.0 with greater player ownership. LIV is trimming staff, seeking $250–$350 million in new funding after PIF pulled back, and facing unpaid vendors and lawsuits while planning a possible Chapter 11 restructuring to sustain operations into 2027. The developments could influence the league’s funding model, ownership structure, and future schedule.