LIV Golf Will Not Pay Jon Rahm His $500M Contractual Money Now, Here’s Why

Jon Rahm’s signing with LIV Golf is said to be the most expensive deal the league has done in the past two years. After acquiring ace players on the PGA Tour, recruiting Rahm was one of the biggest decisions the league had taken in the year 2023.

With the World No.3 eventually donning the LIV logo, he proved the rumors almost right, except the deal was reported to be $500 million instead of the $600 million rumor going around in the golf world. Nonetheless, it is a hefty check, but has Rahm already cashed out the deal?

The breakdown of the $500 million deal of Jon Rahm

On the night of 7th December, Jon Rahm made an appearance on Fox News and declared his partnership with LIV Golf. The news started a shock wave because many felt Rahm broke his “fealty” to the PGA Tour. However, as the 2023 Masters winner said, “I had a really good offer in front of me and I’ve done it for my family.” 

According to the reports by ‘The Telegraph’, the “good offer” was £450 million, which is around $566.4 million, and Rahm will not be getting all the money upfront. They also revealed that Rahm will be getting $302 million upfront out of the $500m.

The rest of the money will be given in bonuses and as part of his team franchise. The 2x major winner will be making his LIV Golf debut in February at Mayakoba, Mexico.

Apart from the million-dollar deal, Rahm will be increasing his wealth through LIV Golf’s $4 million regular events and the year-end $18 million bonus for the individual champion and a part of a $14 million team championship if his team wins.

Jon Rahm’s wish to give his family the best

Rahm was having a blast for the entirety of the 2023 season. The Spaniard won four titles this year, including the green jacket in April at Augusta National. Through his various victories and top finishes, Rahm earned a total of $51.5 million in his career of 7 years.

Read More: Top 3 Things to Expect After Jon Rahm’s LIV Golf Defection

His biggest season was 2022-23, where Rahm earned more than $16 million, including the $9 million bonus from the Player Impact Program as he came third on the list and $4 million from finishing No.1 on Comcast Business Top 10.

By signing the $500 million deal, Rahm has gotten a chance to make generational wealth and secure his family’s future. As the golfer said, “I have a duty to my family to give them the best opportunities and the most amount of resources possible.”

Watch this Story | As PGA Tour Embraces Tiger Woods’ TGL, Does Jay Monahan Plans to Steal a Page From His Book?