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Jon Rahm will not take part in LIV Golf's relaunch, his lawyers tell bankruptcy hearing

At LIV Golf's Chapter 11 hearing on Wednesday, Jon Rahm's attorneys said he had rejected the terms of the proposed "LIV 2.0" restructuring and would not take part going forward.

3 outlets · 0L · 1C · 2R First reported Account updated
Image: Irish Independent
Image: CNA
Image: Fox News

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The story, neutrally told

Right · 2Jon Rahm's attorneys told LIV Golf's bankruptcy hearing on Wednesday that he has rejected the proposed terms of the league's restructuring plan. Right · 1According to Front Office Sports, as quoted by Fox News, the attorneys said Rahm "has independently reviewed the proposed terms of LIV 2.0 ... and has determined that those terms are unacceptable to him, and he will be not be participating going forward." Right · 1The league's future depends on "LIV 2.0". Under that plan, London-based private equity firm BC Partners, which has financial ties to player agency GSE Worldwide, would fund a 2027 relaunch, and players would get majority ownership of the league.

Right · 1LIV filed for Chapter 11 bankruptcy in New Jersey last month. Fox News reports that Saudi Arabia's Public Investment Fund (PIF) halted funding in April to redirect money to domestic projects and manage financial pressures from the regional war with Iran, after which PIF governor Yasir Al-Rumayyan resigned from LIV's board. Right · 1The filings show the league owes millions in unpaid compensation to top players including Rahm, Bryson DeChambeau, Dustin Johnson and Cam Smith. Rahm is reportedly owed more than $7 million and was "more than willing to fulfill" his original contract. PIF provided $50 million to keep LIV operating during the case. Right · 1LIV has laid off most of its operational staff, left event contractors waiting for payment and faces a Premier Golf League lawsuit alleging breach of confidence and conspiracy. Brooks Koepka and then Patrick Reed had already left the league.

Right · 1Rahm, a two-time major winner (2021 U.S. Open, 2023 Masters), joined LIV nearly three years ago on a deal rumoured to be worth $300 million to $600 million. He and Tyrell Hatton were the only LIV golfers on Team Europe at last year's Ryder Cup.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left0 outlets

No left outlet in our sources has covered this story yet.

Centre1 outlet

No centre outlet in our sources has covered this story yet.

Right2 outlets

Framing
Both right-leaning outlets lead with Rahm's rejection of LIV 2.0 terms; Fox News frames it as LIV possibly having to survive without its best player.
Emphasis
Rahm's departure, the league's financial collapse, unpaid players and the loss of PIF funding.
Leaves out or plays down
No comment from LIV, BC Partners or PIF on Rahm's stance is reported; no left or centre outlets covered the story.
Charged language
“LIV 2.0”“unacceptable”
For example
“it may now need to stay afloat without its best player.” — Fox News
“Jon Rahm to quit LIV Golf after his attorney says terms for relaunch ‘are unacceptable to him’ at bankruptcy hearing” — Irish Independent