Current:Home > ScamsJon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour -FundCenter
Jon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour
View
Date:2025-04-18 18:26:29
Masters champion Jon Rahm bolted for Saudi-funded LIV Golf on Wednesday for what’s believed to be more money than the PGA Tour’s entire prize fund, a stunning blow that deepens the divide in golf as the two sides were negotiating a commercial deal.
Rahm confirmed the move in an interview with Fox News, during which he wore a black LIV letterman’s jacket, saying it was not an easy decision.
“I’ve been very happy,” Rahm said. “But there is a lot of things that LIV Golf has to offer that were very enticing.”
He said he would keep private how much the deal was worth amid reports that put his compensation in the $500 million range, which likely would include equity in his new team.
The development comes 25 days before the deadline for the PGA Tour and Saudi Arabia’s Public Investment Fund try to finalize their shocking June 6 agreement to become commercial partners in a for-profit enterprise, along with the European tour.
Talks have been going slowly, and Tiger Woods said last week there were a lot of moving parts. The biggest move was the 29-year-old Rahm, the No. 3 player in the world and a two-time major champion approaching his prime, being the latest to defect.
Rahm had been adamant that has enough money, he cares only about history and legacy and only recently said he “laughed” whenever he saw his name linked to LIV.
“It was a great offer. The money is great, obviously it’s wonderful,” Rahm said. “But what I said before is true: I do not play golf for the money. I play golf for the love of the game and for the love of golf. But, as a husband, as a father and as a family man I have a duty to my family to give them the best opportunities and the most amount of resources possible and that is where that comes in.”
He remains eligible for the majors for the next five years — the Masters for life, the U.S. Open until 2031. Still to be determined is how this affects his eligibility for the Ryder Cup.
Rahm’s addition gives LIV Golf seven of the last 14 winners at the majors.
___
AP golf: https://apnews.com/hub/golf
veryGood! (5647)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Masked intruder pleads guilty to 2007 attack on Connecticut arts patron and fake virus threat
- Pretty incredible! Watch two teenagers play soccer with an elk in Colorado
- Israelis’ lawsuit says UN agency helps Hamas by paying Gaza staff in dollars
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Argentina vs. Chile live updates: Watch Messi in Copa América game today
- Explosion at homeless encampment injures, hospitalizes LA firefighter responding to flames
- Can Panthers, Oilers keep their teams together? Plenty of contracts are expiring.
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Nashville’s Covenant School was once clouded by a shooting. It’s now brightened by rainbows.
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Ford recalls more than 550,000 F-150 pickups over faulty transmission
- Vanderpump Rules Star Lala Kent Shares Pregnancy-Safe Skincare, Mom Hacks, Prime Day Deals & More
- Thousands of Tesla Cybertrucks recalled for issues with wipers, trunk bed trim
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Newly released photos from FBI's Mar-a-Lago search show Trump keepsakes alongside sensitive records
- Why are the Texas Rangers the only MLB team without a Pride Night?
- Kevin Federline Shares Update on Britney Spears’ “Reconciliation” With Sons Sean and Jayden
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Argentina vs. Chile live updates: Watch Messi in Copa América game today
Bear euthanized after injuring worker at park concession stand in Tennessee
Faster ice sheet melting could bring more coastal flooding sooner
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Alec Baldwin attorneys say FBI testing damaged gun that killed cinematographer; claim evidence destroyed
Tori Spelling Reveals She Once Got a Boob Job at a Local Strip Mall
Machine Gun Kelly and Megan Fox Are True Twin Flames for Summer Solstice Date Night