Current:Home > ScamsJon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour -Zenith Profit Hub
Jon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour
View
Date:2025-04-17 08:55:10
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! (41)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- China raises stakes in cyberscam crackdown in Myanmar, though loopholes remain
- Shohei Ohtani met Los Angeles manager Dave Roberts at Dodger Stadium
- Teen and parents indicted after shootout outside Baltimore high school that left 3 wounded
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Selection Sunday's ACC madness peaked with a hat drawing that sent Notre Dame to Sun Bowl
- A woman wearing high heels and a gold ring was found dead by hunters in Indiana 41 years ago. She's now been identified.
- Amy Robach and T.J. Holmes' Exes, Andrew Shue and Marilee Fiebig, Are Dating
- Federal hiring is about to get the Trump treatment
- Paraguay rounds up ex-military leaders in arms smuggling sting carried out with Brazil
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Las Vegas teen arrested after he threatened 'lone wolf' terrorist attack, police say
- Hamas officials join Nelson Mandela’s family at ceremony marking 10th anniversary of his death
- New manager Ron Washington brings optimism to LA Angels as Shohei Ohtani rumors swirl
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- State officials review mistaken payments sent by Kentucky tornado relief fund
- Boston tourist killed by shark while paddleboarding in the Bahamas, police say
- Patrick Mahomes, Maxx Crosby among NFL Walter Payton Man of the Year 2023 nominees
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Northwest Indiana boy, 3, dies from gunshot wound following what police call an accidental shooting
Air Force identifies the eight US crew lost in Osprey crash in Japan
U.S. imposes new round of sanctions over Russia’s invasion of Ukraine
Most popular books of the week: See what topped USA TODAY's bestselling books list
2 plead guilty in fire at Atlanta Wendy’s restaurant during protest after Rayshard Brooks killing
New manager Ron Washington brings optimism to LA Angels as Shohei Ohtani rumors swirl
Families of 3 Black victims in fatal Florida Dollar General shooting plead for end to gun violence