Sources - Masters champ Jon Rahm leaving PGA Tour for LIV Golf - ESPN
In a deal that could have a far-reaching impact on the future landscape of men's professional golf and inject even more uncertainty into an already-fractured sport, Masters champion Jon Rahm has agreed to leave the PGA Tour for the Saudi Arabian-financed LIV Golf League, sources confirmed to ESPN on Thursday.
LIV Golf is expected to announce Rahm's addition Thursday, barring a last-minute change of heart from the former world No. 1 player, the sources said.
The deal is believed to be longer than three years, is worth more than $300 million and will include an ownership stake for Rahm in a new LIV Golf team, according to sources. LIV Golf is recruiting additional PGA Tour players to fill out the roster of Rahm's team.
Rahm's decision comes at a time when the PGA Tour and Saudi Arabia's Public Investment Fund are attempting to hammer out the final details of a framework agreement that would combine their commercial interests into a new for-profit entity, PGA Tour Enterprises.
PGA Tour commissioner Jay Monahan and Yasir Al-Rumayyan, governor of the PIF, are scheduled to meet next week. The PIF has spent more than $3 billion funding the LIV Golf League the past two seasons. The framework agreement is set to expire Dec. 31; Monahan called the date a «firm deadline» last week.
The framework agreement gives Monahan authority to determine the future of LIV Golf, which has struggled to gain a foothold in the U.S. but has generated significant interest in Australia, Singapore, Spain and other countries. Sources told ESPN the future of LIV Golf and whether team golf has a place in the sport's future ecosystem have emerged as sticking points for the Saudis during negotiations.
It's unclear how Rahm's defection will impact the