LIV Golf files for bankruptcy as top players exit and DP World Tour bars returnees
The gist
LIV Golf filed for Chapter 11 bankruptcy in New Jersey after Saudi funding ended, and stars like Jon Rahm are leaving.
The breakaway league's survival now hinges on a slimmed-down LIV 2.0 retaining enough players.
How it unfolded
- Dec 23, 2025Brooks Koepka announced his departure from LIV Golf, citing a desire to remain closer to his family; he and LIV parted mutually, voiding the final year of his contract.
- Jan 28, 2026Patrick Reed made his exit official, declining a new contract offer after his original deal expired at the end of 2025.
- Apr 2026The Saudi Public Investment Fund announced it was ending its financial backing of LIV Golf after spending more than $5 billion on the league in its four years of existence.