Jon Rahm has reached a separation agreement with LIV Golf, according to court documents.
Jon Rahm appears set to leave millions of dollars on the table to leave LIV Golf.
The Spaniard has reached a separation agreement in which he will release all of his monetary and economic claims against the breakaway tour.
In return, Rahm will regain control of his name, image and likeness rights, along with other related trademarks, according to court records.
The agreement is subject to approval from Michael Kaplan, the judge overseeing LIV Golf’s Chapter 11 bankruptcy protection case in the United States.
Jon Rahm appears to have reached a separation agreement with LIV Golf
Rahm, 31, was LIV Golf’s largest unsecured creditor when the league filed for Chapter 11 bankruptcy protection on September 8.
At the time, court records showed the LIV owed him $7.5m.
However, the Spaniard was reportedly due to earn more than $100m over the remaining years of his contract.
He joined LIV Golf from the PGA Tour in December 2023 on a multi-year deal reportedly worth more than $300m.
Rahm enjoyed considerable success during his time with the breakaway circuit, winning the individual season championship in each of his three campaigns between 2024 and 2026.
Jon Rahm has earned almost $107 in prize money with LIV Golf
He also accumulated almost $107m in on-course earnings.
His departure from LIV Golf 2.0 was confirmed by his attorney, John Beck, during a court hearing on October 7.
Beck told Kaplan that Rahm had reviewed the proposed terms for the league’s next phase and decided against continuing as they were “unacceptable”.
Under the separation agreement, Rahm will relinquish any ownership stake or membership interest in his LIV Golf team.
His existing contracts with the league will also be terminated, removing any further obligations to provide services or fulfil contractual duties.
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In return, exclusive control of his name, image and likeness will be restored to the two-time major champion.
The agreement also transfers the “Rahmbo” and “Legion XII” trademarks to the Spaniard, although restrictions will prevent him from using the Legion XIII name in another league, including TGL.
LIV Golf will retain ownership of historical content featuring Rahm from his time competing on the circuit.
The 31-year-old has endured a rough couple of months on the course.
He finished dead last at the BMW PGA Championship at Wentworth.
Before the DP World Tour’s flagship event, Rahm was bombarded with questions about his future plans.
A tight-lipped Rahm refused to divulge any information and insisted he did not regret his move to LIV.
Last week, Rahm was forced to withdraw from the Spanish Open as his wife, Kelley, gave birth to their fourth child.
He is expected to return to action at the Abu Dhabi Championship in November, the penultimate event of the DP World Tour season.
It remains uncertain whether Rahm will be able to return to the PGA Tour in the near future, should he wish to do so.
CEO Brian Rolapp has indicated that the tour does not intend to reinstate the returning member program, which enabled former LIV Golf captain Brooks Koepka to return in February.
Rahm, Bryson DeChambeau and Cameron Smith were previously eligible to take advantage of the programme but all three chose to remain with LIV Golf.
Meanwhile, the future of the breakaway league remains unresolved.
During Wednesday’s hearing, LIV Golf attorney told Kaplan that a decision on whether the organisation would cease operations or proceed with LIV Golf 2.0 should be known by the end of October.
The attorney also expressed concern with the DP World Tour’s recent decision to ban all LIV Golf players in 2027.
