LIV Shutting Down?

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EMY92
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In reply to JCA1 • 8:25a, 9/2/26
AG
JCA1 said:
If Rahm is smart, his team will use this as an opportunity. Open up negotiations with both LIV and the tour and take the position with the tour that he has millions of reasons to pursue what he is owed by LIV but is willing to make a clean break from LIV now and accept pennies on the dollar if the tour will consider the money he is willing to leave on the table to come back to the tour as part of his penalty.

That's a very weak hand. He'll likely be able to capture a few million from the bankrupt LIV, and I do not have any idea what it will cost him to collect that.

The PGA has all of the leverage.
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JCA1
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In reply to EMY92 • 8:49a, 9/2/26
AG
Agree that the tour has the vast majority of the leverage. But he is one of the few who the tour actually wants back. This provides an opportunity for him to say to the tour "I'll give up my claim against LIV and come back right now if you'll take that into account and reduce my penalty in some way." What that looks like exactly, who knows? Maybe a $10 mill fine instead of a $20 mill fine. But this does give him an angle he will lose if he waits out the bankruptcy proceeding.

When you don't have much leverage, you gotta work the small angles you do have.
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PJYoung
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In reply to JCA1 • 10:32a, 9/2/26
AG
JCA1 said:
If Rahm is smart, his team will use this as an opportunity. Open up negotiations with both LIV and the tour and take the position with the tour that he has millions of reasons to pursue what he is owed by LIV but is willing to make a clean break from LIV now and accept pennies on the dollar if the tour will consider the money he is willing to leave on the table to come back to the tour as part of his penalty.


Lol Rahm has zero leverage with LIV.
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EliteElectric
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In reply to PJYoung • 10:43a, 9/2/26
PJYoung said:
JCA1 said:
If Rahm is smart, his team will use this as an opportunity. Open up negotiations with both LIV and the tour and take the position with the tour that he has millions of reasons to pursue what he is owed by LIV but is willing to make a clean break from LIV now and accept pennies on the dollar if the tour will consider the money he is willing to leave on the table to come back to the tour as part of his penalty.


Lol Rahm has zero leverage with LIV.

yes this is worst case scenario for all the defectors, I said it at the inception, the thing that could really hurt them is if it goes under. At the time, with all of the $$$$ behind it, seemed like no chance of happening
www.elitellp.net/

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Marauder Blue 6
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In reply to JCA1 • 10:46a, 9/2/26
AG
JCA1 said:
If Rahm is smart, his team will use this as an opportunity. Open up negotiations with both LIV and the tour and take the position with the tour that he has millions of reasons to pursue what he is owed by LIV but is willing to make a clean break from LIV now and accept pennies on the dollar if the tour will consider the money he is willing to leave on the table to come back to the tour as part of his penalty.

If Rahm is smart, he'll realize he needs the Tour more than the Tour needs him and he'll take whatever the tour offers.
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AustinCountyAg
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In reply to Marauder Blue 6 • 10:52a, 9/2/26
Yes, Rahm is screwed either way. He has zero leverage with anyone at this point.

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JCA1
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10:56a, 9/2/26
AG
I'm not saying he has some great leverage. I'm just saying a sliver of leverage is better than none.

There is value for the tour in getting the couple of guys that have value (basically Rahm and Bryson) back on the tour sooner rather than later. Rahm leaving would also pretty much be the death knell for LIV 2.0. So he has a couple of cards to play. Are they great cards? No. But it's either that or do nothing.

I mean, if y'all were one of his advisors, your advice would be "sorry Johnny, we have no leverage with anyone and we recommend you just agree to whatever crumbs LIV offers and whatever penalty the Tour demands"?
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Marauder Blue 6
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In reply to JCA1 • 10:58a, 9/2/26
AG
JCA1 said:
I'm not saying he has some great leverage. I'm just saying a sliver of leverage is better than none.

There is value for the tour in getting the couple of guys that have value (basically Rahm and Bryson) back on the tour sooner rather than later. Rahm leaving would also pretty much be the death knell for LIV 2.0. So he has a couple of cards to play. Are they great cards? No. But it's either that or do nothing.

I mean, if y'all were one of his advisors, your advice would be "sorry Johnny, we have no leverage with anyone and we recommend you just agree to whatever crumbs LIV offers and whatever penalty the Tour demands"?

He has no sliver with the Tour. He can take what they offer or go play the DP World Tour.
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JCA1
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In reply to Marauder Blue 6 • 11:09a, 9/2/26
AG
Having Rahm back immediately, the PR associated with that, and killing LIV 2.0 is something. Is it enough to extract significant concessions from the tour? Probably not. But maybe it knocks a few millions off the fine/charitable contribution the tour will require to come back. It's his team's job to try any and all angles. It would surprise me if they're not trying to do so.

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Marauder Blue 6
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In reply to JCA1 • 11:17a, 9/2/26
AG
JCA1 said:
Having Rahm back immediately, the PR associated with that, and killing LIV 2.0 is something. Is it enough to extract significant concessions from the tour? Probably not. But maybe it knocks a few millions off the fine/charitable contribution the tour will require to come back. It's his team's job to try any and all angles. It would surprise me if they're not trying to do so.


The tour knows LIV is dead. They're not going to give any more than they need to. They're just waiting on the coroner to call it.
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class of 03
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11:18a, 9/2/26
Does Rahm do much for the tour at this point? The image of him in the black leather jacket is still foremost to people who care about the sport. Make him earn his way like everyone else.
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PJYoung
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In reply to JCA1 • 11:34a, 9/2/26
AG
JCA1 said:
Having Rahm back immediately, the PR associated with that, and killing LIV 2.0 is something. Is it enough to extract significant concessions from the tour? Probably not. But maybe it knocks a few millions off the fine/charitable contribution the tour will require to come back. It's his team's job to try any and all angles. It would surprise me if they're not trying to do so.

You're completely ignoring how pissed off several high profile PGA Tour players are. Rahm going to LIV was HUGE and they aren't going to forget it.

Bryson is in a completely different category because of the lawsuit that he joined. I wouldn't be shocked if he never gets back on. He is stubborn to say the least and I certainly don't see the Tour making any concessions for him at all.
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2wealfth Man
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11:55a, 9/2/26
AG
I don't see any need for the Tour or Rolap to have any sense of urgency to bring Rahm back. There are going to have to be some serious discussion with the tour membership before anything can happen (i.e. what needs to be done for him to regain status given the way he left); and nothing of that sort can happen until Rahm's contract is formally discharged in a bankruptcy proceeding. If it were me; he'd better bring his shine box with him if he gets to come back on tour.
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TP Ag '87
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12:44p, 9/2/26
AG
Quote:
Does Rahm do much for the tour at this point? The image of him in the black leather jacket is still foremost to people who care about the sport. Make him earn his way like everyone else.

That was going to be my point as well. Between the feelings of the PGA players + does he really move the needle, does the PGA really want to appease him at all?
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bagger05
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3:51p, 9/2/26
AG
I think Rahm is going to be at the PGAT's mercy.
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JBAB
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In reply to class of 03 • 4:05p, 9/2/26
class of 03 said:
Does Rahm do much for the tour at this point? The image of him in the black leather jacket is still foremost to people who care about the sport. Make him earn his way like everyone else.

No one on the tour moves the needle outside of Scottie and Rory. Rahm is the only golfer in the world that is in their stratosphere on the course, the only golfer to be ranker #1 in the world that's not Scottie or Rory in the last 5 years. Bryson is the only other golfer in the world that moves the needle. Rahm will be back on tour sooner rather than later. Bryson may take a little longer....
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oragator
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4:07p, 9/8/26
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2wealfth Man
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9:58p, 9/8/26
AG

Rahm LLC shown as owed north of $7 million. If I recall correctly that filing is only for past services rendered;not for future services, for which Rahm is owed a crap ton that he will never see. Contract gone bye-bye (if it was with LIV). Wondering if he a deal directly with the PIF?
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Quinn
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In reply to 2wealfth Man • 10:18p, 9/8/26
AG
2wealfth Man said:

Rahm LLC shown as owed north of $7 million. If I recall correctly that filing is only for past services rendered;not for future services, for which Rahm is owed a crap ton that he will never see. Contract gone bye-bye (if it was with LIV). Wondering if he a deal directly with the PIF?


I read that these amounts are what are owed for Q3 alone.
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Bunk Moreland
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In reply to 2wealfth Man • 8:41a, 9/9/26
the interwebs said most of these are all quarterly player participation agreements and it's only the most recent one. For guys who aren't Rahm & Bryson, there's probably not much more they're owed since they got most of theirs and these are just ongoing payments with no guarantees. For the 2 big dogs though, still remains to be seen what each is owed.
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PJYoung
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12:09p, 9/10/26
AG
This seems about right.



https://huddleup.substack.com/p/inside-liv-golfs-bankruptcy-25-wild
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Enrico Pallazzo
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12:11p, 9/10/26
Saudi spent $5 billion and then loaned them another $500 million in early June to help them limp to the end of this season. So now Saudi stands at the front of the creditor line for the failed entity they created.
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HeyAbbott
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8:09p, 9/10/26
AG
LIV golf may be the worst managed sports organization in history.
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2wealfth Man
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8:55a, 9/11/26
AG
Looks like LIV is asking for current player contracts to be nullified. That should help Rahm end his charade. Those guys who have contracts only get anything if there is any money left after the bankruptcy is settled. In other words, nothing.

https://www.axios.com/2026/09/09/liv-golf-contracts-bryson-dechambeau-jon-rahm
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Matsui
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11:58a, 9/11/26
AG
I see Rahm and BAD have retained legal counsel to fight for whatever is left.
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_lefraud_
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In reply to Matsui • 12:48p, 9/11/26
AG
Bringing a pen to a sword fight is certainly a choice
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Buck Compton
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In reply to _lefraud_ • 4:49p, 9/12/26
AG
_lefraud_ said:
Bringing a pen to a sword fight is certainly a choice
Yep, trade claims will be well behind senior debt like Saudi's note undoubtedly is.
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Enrico Pallazzo
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4:50p, 9/12/26
Yeah, nobody is getting a dime thanks to that Saudi note. These guys need to save their legal fees and move on.
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MW03
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5:46p, 9/14/26
AG
Read that Rick Shiels was owed $1.4 million. If that is indeed a quarterly number, wow.
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