Jon Rahm is believed to be monitoring LIV Golf’s financial situation for a possible route out of his contract, according to a Front Office Sports report published on June 7.

Multiple sources told the outlet they believe Rahm is “waiting, maybe even hoping for” LIV to miss a paycheck or file for bankruptcy so he can exit the deal he signed in December 2024, reportedly worth $566.4 million. One source said the contract runs through 2029.

Neither Rahm nor LIV Golf have commented on the claim.

PIF funding on a month-by-month basis

The report came amid uncertainty over LIV’s finances. Saudi Arabia’s Public Investment Fund, which has bankrolled the league since its 2022 launch, announced in April that it would fund LIV only through the remainder of the 2026 season. PIF chairman Yasir Al-Rumayyan stepped down from the LIV board at the same time.

Front Office Sports reported that PIF is now funding remaining events on a monthly basis, and one high-ranking executive at a major LIV league-level partner said every remaining tournament is “on the fence.” The New Orleans event has already been cancelled, leaving a UK event in late July and three U.S. tournaments in August, including the team championship.

Bloomberg reported separately in May that LIV had begun laying groundwork for a potential U.S. bankruptcy filing if new funding was not secured by season’s end.

Rahm’s public comments

While Rahm has not addressed the Front Office Sports report directly, he spoke about his contract situation in May. “I’m pretty sure they did a pretty good job when they drafted that, so I don’t see many ways out,” he said. “Right now, I’m not really thinking about it because we still have a season to play and majors to compete for.”

As we covered ahead of LIV Golf Andalucia, Rahm also distanced himself from teammate Bryson DeChambeau’s efforts to help the league secure new investors. DeChambeau has attended pitches alongside LIV CEO Scott O’Neil and said he is doing “everything he can” to save the league.

Rahm described himself as a “stay in your lane” kind of person. “I know nothing about business,” he said. “I’m never going to claim to know anything about business and if I was in a business pitch, I wouldn’t know the first thing to say.”

LIV’s search for new capital

O’Neil has framed the league’s transition as a shift toward a “diversified, multi-partner investment model.” In a statement, he said LIV had “begun sharing our business plan with prospective partners who recognize the opportunity in team golf on a global scale.”

Front Office Sports reported that LIV has reached out to hundreds of prospective investors and hired Ducera Partners as its investment banking adviser. A proposed 2027 model is said to feature 10 events with reduced prize purses, down from the current $32.3 million per tournament.

PIF has spent more than $5 billion on LIV since 2022. Whether the league can attract outside capital before funding runs dry will determine the circuit’s survival and the relevance of Rahm’s reported exit strategy.

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