As LIV Golf prepares to start its subsequent chapter, the Saudi-funded golf league filed for Chapter 11 safety within the U.S. Chapter Courtroom of New Jersey on Tuesday.
In keeping with the submitting, a few of the league’s most distinguished collectors are literally its gamers. Jon Rahm and Bryson DeChambeau, the 2 greatest stars on the rival tour, are owed a mixed $13.2 million.
The league, which is now not backed by Saudi Arabia’s Public Funding Fund, revealed it had between $100 million and $500 million in belongings and $500 million to $1 billion in liabilities. A big portion of these liabilities got here within the type of past-due funds owed to golfers.
Jon Rahm ($7.5 million), Bryson DeChambeau ($5.7 million), Dustin Johnson ($5.5 million), Cameron Smith ($4.8 million), Tyrrell Hatton ($3.4 million) and Brooks Koepka ($1.7 million) are owed essentially the most amongst current and previous gamers.
Rahm and DeChambeau, who reportedly signed nine-figure contracts to affix the league, are two of the most important collectors within the submitting. Regardless of not being paid the complete quantity they’re owed, each superstars are planning on teeing it up for the restructured LIV Golf in 2027.
