LIV Golf: Jon Rahm to leave league over unacceptable terms for LIV 2.0

Meanwhile, former Masters champion Sergio Garcia was granted a special “deal” during Wednesday’s hearing in New Jersey allowing his contract to be “terminated” as well as “rejected”, following an application by his lawyers.

Once that termination agreement is signed, it is understood Garcia will be free to negotiate with third parties.

Earlier he had told media at the Open de Espana in Madrid how keen he is to be involved in next year’s Ryder Cup as a player or vice-captain.

While he said that he was not sure what his future held and “everything is an option”, he made clear he wanted to give himself “the best chance” of making the Ryder Cup team.

Lawyers for several other players, including Bryson DeChambeau and Cameron Smith, also spoke in the hearing to seek clarity on whether the rejection of the contracts equated to termination of the contracts.

One lawyer, representing five players including Smith, said clarity was needed on whether players could engage in discussions about “future plans with third parties”.

The likely background to this is that players want to know for certain whether they are legally permitted to hold discussions with rival tours and also sponsors.

The DP World Tour, for example, is understood to be unwilling to have discussions with LIV players surrounding their futures unless they have proof that their contracts have been terminated.

There was no indication given regarding these players’ positions in relation to LIV 2.0.

However, lawyers representing LIV did not agree to apply the same arrangement that Garcia had received, instead asking for more time to assess player contracts and the consequences of termination.

Keith Martorana, counsel for LIV Golf, said: “We are not looking to hold anybody up unduly but we have unfortunately at this point had no opportunity to review those contracts.”

This matter has therefore been pushed back to a hearing on 14 October.

LIV insiders remain positive about the future, saying conversations with players are on track and the statements made in court have not changed the momentum behind the transaction.

Ted Goldthorpe, head of BC Partners Credit, told BBC Sport on Tuesday he was “confident” they would get the required number and calibre of players to sign up for LIV 2.0 by the new deadline of 25 October.

“The next focus for us is going to be to sign players, which we’re going to work on for the next month. In parallel to that, we’re going to be business planning, event planning, rehiring the staff, you know, and revitalising the LIV. I’m spending a lot of time on this right now.”

Asked about conversations with players, he said: “I’m not that worried, I’m honestly not that worried about it. I don’t think we have a hard deadline for a number of players or who those players are. But we feel pretty confident we have critical mass.”

He added that BC Partners was wanting to be involved with LIV for the “long-term”.

Read the full story at the original source:
Click here to read more

Hot this week

Opting to play it safe over disruption – The Economic Times

The Indian state - both deep and shallow...

Ramayana Star Yash Requests Fans To Avoid Finding Faults With Films VFX: Please Dont Try…

Yash also made a special appeal to fans of...

Delhi Air Pollution: First Poor AQI Day Of Season, GRAP Stage I Kicks In

Among the districts surrounding Delhi, Jhajjar was the largest...

Rising corporate borrowings, hello! – The Economic Times

Rewrite PSBs are reporting rising corporate borrowing. This...
spot_img

Related Articles

Popular Categories

spot_img