Current:Home > StocksJon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour -LegacyBuild Academy
Jon Rahm bolts for LIV Golf in a stunning blow to the PGA Tour
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 07:54:46
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! (99965)
Related
- Trump wants to turn the clock on daylight saving time
- Notorious B.I.G., ABBA, Green Day added to the National Recording Registry. See the list
- Plumbing problem at Glen Canyon Dam brings new threat to Colorado River system
- Schweppes Ginger Ale recalled after PepsiCo finds sugar-free cans have 'full sugar'
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Hit up J. Crew Factory for up to 75% off Timeless Styles That Will Give Your Wardrobe a Summer Refresh
- Woman pleads guilty for role in 4 slayings stemming from custody dispute, sentenced to life
- Ex-Marine sentenced to 9 years in prison for firebombing California Planned Parenthood clinic
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Katy Perry Reveals Amazing Singer She Wants to Replace Her on American Idol
Ranking
- 'Most Whopper
- The 2024 Range Rover Velar P400 looks so hot, the rest almost doesn’t matter
- Dr. Martens dour US revenue outlook for the year sends stock of iconic bootmaker plunging
- Visa fees for international artists to tour in the US shot up 250% in April. It could be devastating
- Global Warming Set the Stage for Los Angeles Fires
- NASA seeking help to develop a lower-cost Mars Sample Return mission
- Genesis guitarist Steve Hackett rushed to hospital moments before his concert
- Participant, studio behind ‘Spotlight,’ ‘An Inconvenient Truth,’ shutters after 20 years
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Low Wages and Health Risks Are Crippling the U.S. Wildland Firefighting Forces
A big pet peeve: Soaring costs of vet care bite into owners' budgets
Black market marijuana tied to Chinese criminal networks infiltrates Maine
Most popular books of the week: See what topped USA TODAY's bestselling books list
Alabama Barker Shuts Down “Delusional” Speculation About Her Appearance
'Justice was finally served': Man sentenced to death for rape, murder of 5-year-old girl
Kate Martin attends WNBA draft to support Caitlin Clark, gets drafted by Las Vegas in second round