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LIV files for bankruptcy
Posted on 9/8/26 at 5:08 pm
Posted on 9/8/26 at 5:08 pm
Posted on 9/8/26 at 6:32 pm to TDTOM
This was a necessary step for LIV 2.0
Surprised they only owe Rahm $7M, figured it was way more
Surprised they only owe Rahm $7M, figured it was way more
Posted on 9/8/26 at 6:51 pm to JimTiger72
How do they owe Bryson and Rahm essentially the same amount when Bryson completed his contract and Rahm had two more years?
Posted on 9/8/26 at 7:12 pm to tigerfan88
I just read that it is the amount owed for end of 2026 season. Doesn’t include $ owed for future seasons
quote:
Multiple players have confirmed that the figures owed in the chapter 11 filing correspond to quarterly “Player Participation Agreements” which were due to be paid in October, and are not the full value of their contracts.
This post was edited on 9/8/26 at 7:13 pm
Posted on 9/8/26 at 7:41 pm to JimTiger72
quote:
Surprised they only owe Rahm $7M, figured it was way more
What a miscalculation by him
Posted on 9/8/26 at 8:15 pm to MikeD
He had this weird comment recently, but it makes more sense now. I’m sure he will be suing to get the remainder of his contract
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 9/8/26 at 8:17 pm to JohnnyKilroy
So were the Saudis paying the guys that jumped the money all up front? That’s a heck of a deal.
I figured those big figures being bantered about were installment payments based on how long the contracts were
I assume those “team franchises” within LIV are worth $0
I figured those big figures being bantered about were installment payments based on how long the contracts were
I assume those “team franchises” within LIV are worth $0
Posted on 9/8/26 at 8:29 pm to JimTiger72
quote:
LIV 2.0
Shitty Golf 2.0 .. same garbage, less money.. still shite golf.
Would be honestly shocked if it comes back at all
Posted on 9/8/26 at 9:02 pm to JimTiger72
quote:
Surprised they only owe Rahm $7M, figured it was way more
Guess Rahm got paid most of his money upfront which I guess is a pretty good way to get him to leave the Tour
Rick Shiels is also apparently owed 1.4 million
But it's honestly wild that their creditors don't seem to be owed that much money in the grand scheme yet they're still filing for bankruptcy. I think most expected the golfers to be owed hundreds of millions, not a total of like 25 million across all of them
This post was edited on 9/8/26 at 9:10 pm
Posted on 9/8/26 at 9:22 pm to lsufball19
quote:
But it's honestly wild that their creditors don't seem to be owed that much money in the grand scheme yet they're still filing for bankruptcy.
It appears this is just the remainder of payments that were owed for 2026. It does not cover the full amount of multi year contracts like Rahm, Hatton, etc
Interesting that it still lists Koepka too
Posted on 9/8/26 at 10:11 pm to JimTiger72
That’s bait their quarterly payment owed, doesn’t include contract futures
Posted on 9/8/26 at 10:50 pm to JohnnyKilroy
Couldn't you post this expected news in Pride's shitty thread?
Posted on 9/9/26 at 8:19 am to The Pirate King
Couldn’t you stop white knighting for a failed product?
Posted on 9/9/26 at 4:01 pm to lsufball19
quote:
Rick Shiels is also apparently owed 1.4 million
I quit watching golf YouTube channels that became obvious LIV supporters over night. It was obvious they were bought and paid for. Mr Short Game was the most obvious.
Posted on 9/9/26 at 6:16 pm to The Pirate King
quote:
Couldn't you post this expected news in Pride's shitty thread?
Someone is not taking this news well.
Posted on 9/9/26 at 8:25 pm to JohnnyKilroy
How do they owe any money when the PIF was behind this?
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