Bankruptcy Filings Reveal LIV Golf Payment Details
Court records show past-due payments to players and significant executive bonuses paid before bankruptcy filing.
Updated on Oct. 24, 2026 in Golf
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Bankruptcy filings reveal that Cameron Young signed an intent-to-play agreement with LIV Golf in 2022. The league, which has initiated Chapter 11 proceedings, faces liabilities between $500 million and $1 billion.
Why it matters
The disclosures shed light on the financial instability of the league as it attempts a potential restart under a restructuring agreement with BC Partners Global.
LIV Golf reports between $500 million and $1 billion in liabilities against $100 million to $500 million in assets. Outstanding debts include $7.5 million to Jon Rahm and $5.7 million to Bryson DeChambeau.
The players
Cameron Young
Cameron Young is a professional golfer who signed an intent-to-play agreement with LIV Golf in 2022.
Scott O'Neil
Scott O'Neil is the CEO of LIV Golf who received over $13.6 million in total payments between September 2025 and August 2026.
Greg Norman
Greg Norman is a former executive who received more than $9.4 million upon his departure from LIV Golf in September 2025.
Jon Rahm
Jon Rahm is a professional golfer currently owed $7.5 million in past-due payments by the league.
Bryson DeChambeau
Bryson DeChambeau is a professional golfer to whom the league owes $5.7 million in past-due payments.
The details
LIV Golf paid out $15.6 million in executive retention fees before seeking bankruptcy protection. The league expects to decide by the end of October 2026 whether to move forward with a $300 million restructuring plan.
Timeline
Cameron Young signed an intent-to-play agreement in summer 2022.
Greg Norman received a payment of over $9.4 million in September 2025 upon leaving the league.
CEO Scott O'Neil began receiving payments on September 12, 2025.
Scott O'Neil received a $2.7 million bonus in February 2026.
Scott O'Neil was paid a $6.375 million retention bonus on June 24, 2026.
Season Trajectory
The league is using Chapter 11 bankruptcy as a mechanism to restructure its finances and attempt a transition to a new operational model called LIV 2.0. This status leaves the future competitive landscape of the circuit uncertain as players weigh commitments to the potential new venture.
High-profile players like Jon Rahm and Bryson DeChambeau are currently owed millions in past-due payments, casting doubt on the financial viability of their participation. The impending Sunday deadline for player commitments will indicate which stars intend to stay with the circuit during its restructuring.
The takeaway
The bankruptcy filings highlight the massive financial obligations that fueled the rapid expansion of the league. Players and stakeholders must now navigate significant uncertainty regarding unpaid dues and the future viability of the LIV 2.0 model.
What happens next
Players must decide whether to commit to the proposed LIV 2.0 league by Sunday, and the organization expects to announce a decision on whether to restart or wind down by the end of October 2026.
Further reading
For more on the current state of professional tours, visit Golf.
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