Current:Home > ScamsJon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour -TrueNorth Finance Path
Jon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour
View
Date:2025-04-14 07:50:23
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! (66883)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Kate Middleton Is Pretty in Pink at Jordan's Royal Wedding With Prince William
- How Al Pacino’s Pregnant Girlfriend Noor Alfallah Is Relaxing During 3rd Trimester
- Simone Biles is returning to competition in August for her first event since Tokyo Olympics
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Major Pipeline Delays Leave Canada’s Tar Sands Struggling
- Payment of Climate Debt, by Rich Polluting Nations to Poorer Victims, a Complex Issue
- Inside Halle Bailey’s Enchanting No-Makeup Makeup Look for The Little Mermaid
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Pregnant Claire Holt Shares Glowing Update on Baby No. 3
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Kate Middleton Is Pretty in Pink at Jordan's Royal Wedding With Prince William
- Californians Are Keeping Dirty Energy Off the Grid via Text Message
- Airline passengers are using hacker fares to get cheap tickets
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Microgrids Keep These Cities Running When the Power Goes Out
- Why TikTokers Francesca Farago and Jesse Sullivan Want to Be Trailblazers in the LGBTQ+ Community
- Delta plane makes smooth emergency landing in Charlotte
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Arctic Drilling Ruling Brings Hope to Native Villages, Subsistence Hunters
Iran memo not among the 31 records underlying charges in Trump federal indictment
The Worst-Case Scenario for Global Warming Tracks Closely With Actual Emissions
'Most Whopper
Q&A: Oceanographers Tell How the Pandemic Crimps Global Ocean and Climate Monitoring
Community Solar Heads for Rooftops of NYC’s Public Housing Projects
To Close Climate Goals Gap: Drop Coal, Ramp Up Renewables — Fast, UN Says