NewsWPLG Local 10October 24, 2026Miami-Dade County
LIV Golf paid $15 million to retain executives before filing for bankruptcy, court records show
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LIV Golf paid $15.6 million to retain seven executives—including $6.375 million to CEO Scott O'Neil—in the months before filing for Chapter 11 bankruptcy. Court filings also revealed $26 million paid to Jon Rahm in the year before the filing and 129 payments to unsecured creditors. The league is currently seeking to restructure under a $300 million backing from BC Partners Credit.
Read the full story at WPLG Local 10Why It Matters
Creditors, executives, and high-profile players face financial uncertainty as LIV Golf attempts to restructure its debts and launch a scaled-down "LIV 2.0" format following the withdrawal of funding from Saudi Arabia's sovereign wealth fund.
Key Facts
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Who's Mentioned
OrganizationBC Partners Credit“Investment firm pledging up to $300 million to back LIV 2.0”PersonScott O'Neil“CEO of LIV Golf”PersonDavid Puig“Professional golfer associated with LIV”PersonJerry Foltz“Broadcaster owed $35,416.66”PersonBubba Watson“Professional golfer receiving payments”PersonDavid Phillipps“Chief financial officer of LIV Golf”OrganizationFresh Tape Media“Colorado-based creditor seeking $1.2 million”OrganizationLIV Golf“Professional golf league filing for Chapter 11 bankruptcy”OrganizationAmerican Society of Composers, Authors and Publishers“Creditor owed $178,087.50”OrganizationMobbi Systems Group“Canadian-based creditor seeking more than $1 million”PersonAdrian Meronk“Professional golfer associated with LIV”PersonDustin Johnson“Professional golfer receiving payments”PersonJon Rahm“Professional golfer paid by LIV Golf”OrganizationU.S. Bankruptcy Court“Court in New Jersey handling the bankruptcy filing”PersonSergio Garcia“Professional golfer associated with LIV”PersonCameron Smith“Professional golfer receiving payments”PersonJohn Ruzich“Chief legal officer of LIV Golf”OrganizationApplause App Quality“Creditor owed $105,018.06”OrganizationPublic Investment Fund“Saudi Arabia's sovereign wealth fund and former financial backer of LIV Golf”PersonGreg Norman“Former first CEO of LIV Golf”OrganizationFenix Apparel and Accessories“Thailand-based creditor owed $18,948.00”PersonLouis Oosthuizen“Professional golfer associated with LIV”PersonBryson DeChambeau“Professional golfer receiving payments”