Jon Rahm gives up remaining payouts in separation deal with LIV Golf

Jon Rahm and LIV Golf have agreed to separate, with the two-time major champion surrendering remaining monetary claims under his LIV contract. CBS Sports reports that Rahm signed a court agreement in which he waived fees, bonuses, prize money and annual payments tied to the league that he joined in late 2023. The separation was presented in a U.S.

Bankruptcy Court of New Jersey proceeding and still requires judicial approval: Judge Michael B. Kaplan must sign off on the deal on Nov. 5. CBS Sports notes that Rahm has retained his playing status on the DP World Tour.

The article says Rahm will return to DP World Tour competition for the tour’s postseason as he completes the 2026 season, indicating he will continue competing outside of LIV.

The story quotes Rahm’s lawyer, via Front Office Sports, saying Rahm reviewed the proposed terms of a reorganised LIV — described in the coverage as "LIV 2.0" — and found those terms unacceptable, and that he will not participate in the league going forward.

The agreement closes an episode that began when Rahm joined LIV Golf in late 2023 under a contract reported at the time to be worth $300 million. CBS Sports says it is unclear how much of that sum Rahm ultimately received while with LIV, though the article records that Rahm amassed north of $100 million in on-course earnings during his LIV tenure.

The report frames the settlement as a clean break financially: Rahm relinquished future claim to contractual payouts as part of the separation filing. The separation deal emerged in the context of LIV Golf’s bankruptcy proceedings, which set the legal pathway for contract disputes and reorganisations inside the league.

CBS Sports places the next procedural milestone on the court calendar: Judge Kaplan’s Nov. 5 approval hearing. Until that approval, the article treats the agreement as subject to the court’s confirmation.

CBS Sports does not provide specific figures for how much Rahm received up to the point of the separation, beyond the on-course earnings total, nor does it detail the specific terms offered in the proposed LIV 2.0 structure aside from Rahm’s lawyer calling those terms unacceptable.

Other outlets ran headlines confirming the separation agreement, but CBS Sports supplies the primary account of the filing, the forfeiture of remaining contractual claims, Rahm’s DP World Tour status and the Nov. 5 approval date.

For now, the public record as described in CBS Sports is straightforward: Rahm has chosen to forgo future financial claims against LIV, will continue on the DP World Tour, and the court will decide whether to approve the separation on Nov. 5.