BREAKING: Jon Rahm announce resignation from LIV Golf in a stunning return to PGA Tour
BREAKING: Jon Rahm makes a spectacular return to the PGA Tour and announces his resignation from LIV Golf
BREAKING: Jon Rahm makes a spectacular return to the PGA Tour and announces his resignation from LIV Golf
The 29-year-old Masters champion’s big-money move to Saudi Arabia-backed LIV Golf has sent another shockwave through the sports world.
Masters champion Jon Rahm defected to Saudi-funded LIV Golf for what is believed to be more than the PGA Tour’s total prize money, but the blow has further deepened the rift in the golf world as the two countries negotiate a trade deal.
Rahm confirmed the decision in an interview with Fox News on Thursday. Wearing a black jacket with the LIV logo, he said it wasn’t an easy decision.
“I’m very happy,” Lam said. “But there’s a lot about LIV Golf that’s very attractive.”
His compensation is reported to be in the $500 million range, but he said he would keep the amount of the contract secret, likely including some equity in the new team. The PGA Tour’s total purse for 2023 was about $460 million. The development comes 25 days before the PGA Tour deadline, with Saudi Arabia’s Public Investment Fund set to sign a deal on June 6 to become a commercial partner in a parallel commercial venture with the European Tour.