Bryson DeChambeau’s future with LIV Golf has become a major question as the league reorganizes under Chapter 11 bankruptcy protection. The 2-time U.S. Open champion joined LIV in 2022 and has become one of its most prominent players.
His existing agreement expires after the 2026 season, while LIV is seeking player commitments for its proposed restructuring and planned LIV 2.0 model.
DeChambeau remains undecided about his LIV future
DeChambeau’s status with LIV Golf beyond the 2026 season remains uncertain. A Sept. 29 report said he was going back and forth on whether to participate in the proposed LIV 2.0 structure for 2027 and beyond. He has played on the LIV circuit since joining in 2022.
DeChambeau is also among 4 players with the largest unsecured financial claims against LIV Golf. The other 3 are Dustin Johnson, Jon Rahm, and Cameron Smith. Player participation is a condition of the league’s proposed restructuring agreement.
Earlier reports had described DeChambeau as supportive of LIV’s future. A Sept. 21 report said a source described him as fully committed to LIV 2.0. The later Sept. 29 report indicated that his decision remained unsettled.
Bankruptcy changes the outlook for LIV Golf
LIV Golf voluntarily filed for Chapter 11 bankruptcy protection in New Jersey on Sept. 8. The league said the court-supervised restructuring is intended to preserve its business while advancing a new ownership model. LIV also announced a restructuring support agreement with BC Partners Credit.
The proposed transaction remains subject to court and stakeholder approval, as well as other conditions, before the planned restructuring can be completed. Chapter 11 allows companies to address financial obligations through a court-supervised process and does not necessarily mean operations will end permanently.
LIV says it intends to resume global team-based competition in 2027 under new ownership. However, the company has also said that no definitive decisions about its 2027 schedule or individual events have been announced as the bankruptcy process continues.
New LIV investment includes player conditions
BC Partners Credit is central to LIV Golf’s proposed restructuring. Court documents outline $300 million in total financing for the reorganized company. The package includes a $127.5 million term loan, $147.5 million in senior preferred equity, and $25 million in subordinated convertible preferred equity.
The agreement requires participation from at least 50% of players holding claims. Those players must represent at least two-thirds of the total value of player claims. The participation requirement is one of the conditions attached to the proposed transaction.
The proposed structure would give players equity in the reorganized company. LIV has also said individual commercial rights would return to players. Court records list DeChambeau with an unsecured claim of approximately $5.77 million.
DeChambeau holds major claim in LIV bankruptcy
Bankruptcy documents list Bryson DeChambeau and BAD Enterprises with an unsecured claim of $5,769,230.77 tied to a player participation agreement. Jon Rahm and Rahm LLC are listed with an unsecured claim of $7,472,527.47. The filings place both among the players with the largest unsecured claims in LIV Golf’s Chapter 11 case.
Being listed as an unsecured creditor does not determine whether DeChambeau will join LIV 2.0. LIV has asked the bankruptcy court for permission to reject existing player contracts as part of the restructuring process.
The proposed new structure would offer participating players equity while addressing allowed claims under the Chapter 11 plan. Those changes remain subject to the bankruptcy process and required approvals.
Saudi funding for LIV reaches its endpoint
Saudi Arabia’s Public Investment Fund provided the financial backing behind LIV Golf after the league launched in 2022. In 2026, PIF decided that its existing funding commitment would conclude at the end of the season. LIV then sought outside investment as it worked toward a different financial model for 2027 and beyond.
That change became an important part of the league’s effort to establish a new ownership structure. Bankruptcy filings describe PIF as LIV’s owner and only secured lender. PIF also provided debtor-in-possession financing for the Chapter 11 process.
LIV’s proposed restructuring is centered on new financing from BC Partners Credit and a player ownership model. Completion of that transaction remains subject to court and stakeholder approval, as well as other conditions set forth in the restructuring plan.
Fun fact: Bryson DeChambeau has named many of his irons and wedges after golf references, Augusta National holes, famous players, and the movie Tin Cup.
Earlier DeChambeau comments showed optimism about LIV
DeChambeau publicly supported LIV during an uncertain period in April. He described the organization as a startup facing difficult moments and said he saw value in franchise golf. He also discussed younger players who had joined LIV and said established stars had a responsibility to support those who believed in the league.
At the time, he said negotiations over a potential new contract were continuing. DeChambeau’s position remained unresolved after LIV’s 2026 season ended in Indiana. His existing contract expires after 2026, and he did not announce a new agreement following the finale.
Reuters reported on Sept. 29 that DeChambeau remained undecided about committing to LIV 2.0. That leaves his status for the proposed 2027 league version unsettled while the restructuring process continues.
LIV outlines proposed format for 2027 return
LIV Golf has outlined changes for its proposed return in 2027. CEO Scott O’Neil has discussed giving players equity and restoring their individual commercial rights. He has also described plans for a smaller competition schedule.
O’Neil previously discussed a 10-event schedule under the proposed LIV 2.0 model. The plan included tournaments in the United States and international markets. Those details were presented before the league completed its restructuring process.
LIV has said it intends to resume team-based competition under new ownership in 2027. A definitive schedule and individual tournament locations have not been announced. Details of the proposed 2027 season, therefore, remain subject to change.
DeChambeau’s decision carries wider importance for LIV
DeChambeau joined LIV Golf in 2022 and has since become one of the league’s most prominent competitors. He captained Crushers GC to the 2023 team championship and has continued competing in major championships.
His status carries added significance during the restructuring because his current agreement expires after 2026, and bankruptcy documents identify him as the holder of one of LIV’s largest player claims. For now, DeChambeau has not announced a final decision about competing in LIV’s proposed 2027 structure.
His comments earlier in 2026 showed support for helping the league succeed, while the latest reporting indicates he remains undecided. LIV’s restructuring must also satisfy financial, legal, and stakeholder requirements. Until those matters are resolved, DeChambeau’s future with LIV and the league’s planned next phase remain unsettled.
TL;DR
- DeChambeau remained undecided about joining LIV 2.0 as of Sept. 29.
- LIV Golf began Chapter 11 bankruptcy proceedings on Sept. 8.
- BC Partners Credit is involved in a proposed $300 million financing plan.
- Court records list DeChambeau and BAD Enterprises with a $5,769,230.77 unsecured claim.
- LIV intends to resume competition in 2027 under new ownership, subject to required approvals.
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This article was made with AI assistance and human editing.
