Jon Rahm has announced his departure from LIV Golf after deeming the terms for LIV 2.0 as "unacceptable," according to his lawyer during a bankruptcy court hearing. This decision follows the league's recent filing for Chapter 11 bankruptcy protection in the United States, which occurred in September after Saudi Arabia withdrew its substantial funding.

The league is currently pursuing a potential $300 million financing deal with BC Partners Credit to help navigate the challenges ahead and aim for a successful 2027 season.

Rahm, who was a marquee signing for LIV after leaving the PGA Tour in December 2023 for a reported deal worth £222 million (approximately $300 million), has taken a firm stance on the new terms. His lawyer, John Beck, stated that the 31-year-old golfer independently reviewed the updated terms and found them unacceptable.

Reports indicate that LIV Golf and Rahm’s representatives are currently in advanced discussions to finalize a consensual separation agreement, which is expected to be completed by a court hearing set for November 5.

Key points include:

• LIV participants are owed at least $45 million (£33 million) and have the option to leave.
• The league has secured an extension to negotiate terms with its players until October 25.

These developments mark a significant moment in the evolving landscape of professional golf as LIV navigates its financial and operational challenges.