$900m – what it cost LIV to buy the Masters champion

Save articles for later

Add articles to your saved list and come back to them any time.

Jon Rahm has signed with LIV Golf in a deal worth upwards of £450 million ($860m) and is set to be unveiled in an announcement that will send a seismic shock throughout the professional game.

London’s Daily Telegraph revealed earlier this week that the reigning Masters champion was on the brink of joining the Saudi-funded league and the record deal has reportedly been agreed.

The Golf Channel in the US claims that the unveiling could happen as early as Thursday evening (Friday AEDT) and Telegraph sources also insist that the ink has already dried.

Rahm, the world No.3 and two-time major champion, has previously insisted he would not cross the divide, but the move ultimately proved irresistible.

The Spaniard’s Ryder Cup eligibility will now come under intense focus and, apart from Jay Monahan, the PGA Tour commissioner, the most worried person in golf must be Luke Donald. The Europe captain will be acutely aware that he cannot do without the swashbuckling Spaniard if he is to achieve the mission of retaining the Cup in New York in 2025.

The future of the Ryder Cup is just one explosive issue that will be triggered by a capture that is not only the most expensive – even after the likes of Phil Mickelson, Dustin Johnson, Brooks Koepka, Cameron Smith and Bryson DeChambeau defected in nine-figure deals – but also perhaps the most notable. Its timing is also crucial.

The timing of Jon Rahm’s likely defection makes him possibly LIV Golf’s most crucial signing.Credit: Getty

Yasir Al-Rumayyan, the governor of the Saudi Arabia’s Public Investment Fund, as well as the chairman of Premier League club Newcastle United, is scheduled to meet Monahan next week in a face-to-face sit-down that is seen as crucial in the ongoing merger negotiations, which have a December 31 deadline.

Peace supposedly broke out in June when the PGA Tour – as well as the DP World Tour – made the bombshell announcement that it had reached “a framework agreement” with PIF.

Since then, the US Congress has expressed its concerns over an amalgamation with such a controversial foreign power, and US investors have lined up to be a part of any new order. The players have taken control of the PGA Tour’s policy board, which will have a veto on any deal, with Tiger Woods being co-opted onto the committee.

Jon Rahm’s Masters victory in April followed his 2021 US Open win.Credit: Getty

Rory McIlroy resigned from the panel last month amid whispers of the Saudis being cut out completely. This signing of Rahm will surely give Al-Rumayyan leverage in his conflab with Monahan and act as a warning against the Americans going solo.

For Rahm, this is a huge U-turn after his previous statements. When LIV was still in its infancy in February 2022, he said: “This is my official, my one and only time I’ll talk about this, where I am officially declaring my fealty to the PGA Tour.”

Then, when LIV was up and running a few months later he said: “I’ve never really played the game of golf for monetary reasons.

“I play for the love of the game, and I want to play against the best in the world … I have always been interested in history and legacy, and right now the PGA Tour has that.”

Just three months ago, he said: “I laugh when people rumour me with LIV Golf. I never liked the format. My heart is with the PGA Tour.”

Telegraph, London

Sports news, results and expert commentary. Sign up for our Sport newsletter.

Most Viewed in Sport

From our partners

Source: Read Full Article