LIV GOLF REPORT Jon Rahm signs and announces his resignation from LIV Golf in a stunning return to the PGA Tour….Uncategorized
LIV GOLF REPORT Jon Rahm signs and announces his resignation from LIV Golf in a stunning return to the PGA Tour…. Masters champion Jon Rahm has moved to Saudi Arabia’s LIV Golf for a sum believed to be larger than the PGA Tour’s total prize money, a stunning move that deepens a rift in golf as the two sides negotiate a business deal. Rahm confirmed the move in an interview with Fox News on Thursday. Wearing a black letterman jacket with the LIV logo, he said it was a difficult solution.
He stated that it would keep the contract in the background and how to make a message in the background and put compensation within $ 500 million. The PGA Tour’s total budget for 2023 is about $460 million.
The development comes 25 days before the PGA Tour deadline, with Saudi Arabia’s Public Investment Fund set to sign a deal on June 6 to become a commercial partner in a parallel commercial venture with the European Tour. Negotiations are moving slowly, with Tiger Woods saying last week there are a lot of moving parts. The biggest mover was 29-year-old Rahm, a two-time major champion and world No. 3 player approaching his prime, but it was Rahm who ended up running away.
Rahm asserted he had enough money and only cared about history and legacy. He recently said, “I laughed.”
“It was a wonderful offer. Lamu said the money was wonderful, obviously, it was great, “said Lam.
“But what I said before is true. I’m not playing golf for money. I play golf for the love of golf and the love of golf. But as a husband, a father and a man of family, I have an obligation to give my family the best opportunities and as many resources as possible, and that’s important.”
The Spaniard will make his LIV debut at the league’s season-opening event, February 2-4 at LIV Golf Mayakoba in Mexico. He has five years of eligibility remaining for major tournaments such as the Masters for Life and the U.S. Open, until 2031. It is not yet known how the change will affect his Ryder Cup eligibility. “It’s difficult to sit here and criticize John from a wonderful player,” Lolly Makira said in an interview with Sky Sport. “John is on the Bes Page in 2025 (in the case of a rider cup). Because of this decision, the European Tour will have to rewrite the rules. There’s no doubt about that.”
The addition of Rahm gives LIV Golf seven of its last 14 major winners. PGA Tour Commissioner Jay Monahan was scheduled to meet this week with Yasser Al-Rumayyan, the head of the PIF. The meeting has been postponed until next week, but it is unclear whether it will still take place or how Rahm’s statement will affect the talks. Since the exciting business partnership was proposed on June 6, the tour has also received offers from private equity groups, including Fenway Sports Group and Acorn Growth, whose investment includes former AT&T Chairman Randall Stephenson. He resigned from the PGA Tour board in protest of the Saudi Arabia deal, which originally included provisions to prevent player poaching but were scrapped after the Department of Justice raised antitrust concerns. The signature of LIV is inconsistent with everything that RAM said about the league. He announced his support for the PGA tour in February 2022, and recently said to a Spanish podcast in August, “I laugh when I listen to me in Liv golf.” I’ve never liked the format.
He said the 54-hole, no-cut, shotgun start is “not a golf tournament.
“I want to play against the best players in the world in a format that’s been around for hundreds of years,” he said at last year’s U.S. Open. “That’s what I want to see.”
He struck a different note in an interview with Fox, saying that while money is a factor, there are other elements “that make it so exciting.”
“Once you get past that, the love of the game, the desire to showcase it on the world stage and be part of a team and be a captain and hopefully a leader to your teammates, it becomes something so special,” Rahm said.
