Story perspectives

Judge Allows LIV 2.0 Deals as Court Hears Shutdown Plan

By Drooid · Oct 15, 2026, 6:19 AM UTC · How we work

Summary

Story summary

U.S. Bankruptcy Court in New Jersey hears LIV Golf’s decision on winding down or launching LIV 2.0.
DP World Tour barred LIV players from the 2027 season and Ryder Cup eligibility.
BC Partners pledged $300 million, including $4 million, and set player equity at 52.5% for LIV 2.0.
Judge Kaplan approved rejecting 19 golfers’ contracts, allowing new LIV 2.0 deals.
Jon Rahm, Bryson DeChambeau, Dustin Johnson and Sergio Garcia declined or sought release from LIV 2.0.

History

Historical Context

In 1977 Kerry Packer launched World Series Cricket, investing $10 million to sign 50 leading players and broadcast via Channel Nine, forcing the Australian Cricket Board to renegotiate contracts. That breakaway set a precedent for modern challenges, and today LIV Golf’s restructuring—amid DP World Tour bans and a $300 million pledge—echoes the same clash over player rights and media control.

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Story summary

U.S. Bankruptcy Court in New Jersey hears LIV Golf’s decision on winding down or launching LIV 2.0.
DP World Tour barred LIV players from the 2027 season and Ryder Cup eligibility.
BC Partners pledged $300 million, including $4 million, and set player equity at 52.5% for LIV 2.0.
Judge Kaplan approved rejecting 19 golfers’ contracts, allowing new LIV 2.0 deals.
Jon Rahm, Bryson DeChambeau, Dustin Johnson and Sergio Garcia declined or sought release from LIV 2.0.

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