Former world No. 1 golfer Jon Rahm and LIV Golf reached a separation agreement Wednesday, in which Rahm agreed to release all of his monetary and economic claims against the embattled circuit in exchange for the return of his exclusive name, image and likeness rights and other related marks, according to court records.
The agreement must be approved by U.S. Bankruptcy Court of New Jersey Judge Michael B. Kaplan on Nov. 5.
Rahm, 31, is LIV Golf’s largest unsecured creditor, per court records. He was owed $7.5 million when the league voluntarily filed for Chapter 11 protection on Sept. 8.
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