Jon Rahm won't participate under LIV Golf's 'unacceptable' new terms amid league's bankruptcy, lawyers say

What happened: Jon Rahm's attorneys said at a Wednesday bankruptcy hearing that he will not participate in LIV Golf's proposed "LIV 2.0" restructuring, calling the terms unacceptable. Key numbers: Rahm joined on a deal rumored at $300 million to $600 million. He is reportedly owed more than $7 million. LIV filed for Chapter 11 in New Jersey last month. Why it matters: LIV's future depends on the "LIV 2.0" plan, under which BC Partners would fund a 2027 relaunch and players would gain majority ownership. The league may now proceed without its best player.

Jon Rahm's attorneys said at a Wednesday bankruptcy hearing that he will not participate in LIV Golf's proposed "LIV 2.0" restructuring, calling the terms unacceptable.

LIV's future depends on the "LIV 2.0" plan, under which BC Partners would fund a 2027 relaunch and players would gain majority ownership. The league may now proceed without its best player.