LIV Golf officially files for bankruptcy protection; Rahm, Bryson owed millions

LIV Golf and its related entities voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court of New Jersey on Tuesday. Court records reveal that prominent players are owed significant sums, with Jon Rahm listed as being owed $7.5 million and Bryson DeChambeau owed $5.7 million by the league. The filing marks a dramatic collapse for the Saudi-backed breakaway golf circuit that launched in 2022.