Jon Rahm still owed up to $150M by LIV as league | Golf News

It’s claimed that Jon Rahm is still owed up to $150 million in funds from LIV Golf.

CEO Scott O’Neil has been scrambling to secure new buyers, and journalists have been briefed on Tuesday on a participant assembly led by Bryson DeChambeau, though no updates on the tour’s future have been supplied.

Many gamers have remained silent about their contracts and what would possibly happen if those agreements can’t be honored, while LIV Golf was compelled to call off LIV Golf New Orleans, with Michigan reportedly next to be eradicated.

The circuit has allegedly been looking for buyers for only $350 million in recent capital to substitute the PIF’s financing, which is anticipated to exceed $6 billion by season’s end.

“I can say they’ve been terrific partners so far,” O’Neil said in June. “And you have to take an incredible organization like PIF at their word. They’ve been very public about funding us through the season, so we are full steam ahead. The players are locked in. The management team is locked in.”

Based on experiences, O’Neil has been usually arranging conferences with potential buyers, and the New York Post indicated they have been close to finalizing a confirmed funding source. “We have incredible business momentum,” O’Neil said.

“What we don’t have is a lot of time. So we’re very urgently out there talking to those who are interested. We like the pool, but we have to get this done through the summer.”

The uncertainty has left gamers in limbo, with DeChambeau indicating he would compete in any match that extends an invitation. In distinction, Rahm has expressed optimism concerning LIV Golf’s prospects.

“Well, we’re in contact with them,” said Rahm, referring to having readability with LIV Golf. “We know a lot of what’s going on, yeah. Not that I can share with you guys right now.”

Rahm also emphasised his constructive outlook on the game. “I’m always optimistic,” Rahm continued. “I play a game for a living. I can’t really be too upset about how things are going in life. Even though I’m very frustrated on the course very often, off the course I’m very different to what a lot of people think.”

Nevertheless, Rahm declined to verify whether or not he’d stay with the Saudi-backed league past the 2026 season. “I’m not going to share anything that I can’t share with you guys right now,” he said.