Tranlate this title Jon Rahm parts ways with LIV: financial claims in spanish

On Thursday, Spanish golfer Jon Rahm formally parted ways with LIV following the termination of his contract through an amicable agreement. The deal includes a waiver of any monetary claims arising from his contract or outstanding payments, while allowing him to reclaim his image rights and take ownership of the «Legion XIII» team brand—a team he captained on the circuit.

The agreement between Rahm (through his company, RightsCo) and LIV was finalized within the context of bankruptcy proceedings initiated by the golf league’s executives on September 8 in a New Jersey (U.S.) court. The move is intended to wind down the circuit—which launched in 2022 with funding from Saudi Arabia—and pave the way for a new venture, dubbed «LIV 2.0.»

The 69-page agreement stipulates that the former world number one waives any compensation related to the remainder of the multi-million-dollar contract he signed in late 2023, as well as the $7.47 million (approximately €6.7 million) that was owed to him at the time the bankruptcy petition was filed.

This means he will receive no further payments beyond what he has already collected—whether in the form of annual installments, bonuses, outstanding prize money, or contract termination settlements. Once the separation is formalized, the Basque player regains exclusive rights to his name and image, as well as control over his personal brand—including the term «Rahmbo,» by which he is popularly known.

Rahm, situation

He is also released from any obligation to compete, participate in public events, or provide promotional services for LIV.

Furthermore, he assumes ownership of the brand, assets, and social media accounts of Legion XIII—the team he captained during his three seasons with LIV. The league has two months to remove the team’s logos from its communication channels.

During this period, it is prohibited from manufacturing, restocking, or marketing any new promotional material bearing the team’s brand.

However, sponsorship contracts signed by the team with third parties, such as Banco Santander, remain part of LIV’s bankruptcy estate. LIV also retains ownership of audiovisual and historical material recorded prior to the contract termination date, for use in archives, documentaries, or league highlights.

As of this Thursday, 31-year-old Rahm effectively becomes a free agent, though a hearing is scheduled for November 5 before Judge Michael B. Kaplan, who is overseeing LIV’s bankruptcy proceedings in the District of New Jersey.

The remaining question is which tour the Basque player will compete on next season. One option is the European DP World Tour, where he currently holds a valid tour card. Another possibility would be a return to the PGA Tour; however, this would require approval from its leadership to join a return program for the upcoming season—or he could wait until 2028, when the U.S.-based circuit will undergo a major restructuring, at which point he would secure a spot by virtue of his 2023 Masters Tournament victory.

‘Rahmbo’ has competed on the LIV circuit for the past three seasons, during which he won the overall individual title and secured four tournament victories.

His participation in the Saudi-backed league earned him $96.2 million (approximately €85 million). This total consisted of $48.3 million for individual performance, $11.3 million with his team—Legion XIII—and $36 million in bonuses for his three overall championship titles.

His association with LIV made him one of the highest-paid athletes in history; there was talk of a $500 million (roughly €450 million) deal covering five seasons, though the circuit never disclosed the specific terms of the contract.

The last tournament in which Rahm participated was a DP World Tour event held in Wentworth, England, in mid-September, where he finished in last place—marking one of the worst performances of his professional career.

He is set to return to competition on November 5 in Abu Dhabi for the first of the European Tour’s final events, and he will also play in the decisive tournament one week later in Dubai.