Cam Smith seeks court exit from bankrupt LIV Golf
Australian golfers Cam Smith and Marc Leishman are fighting to escape unpaid LIV contracts after the Saudi-backed league filed for bankruptcy.
Cam Smith and Marc Leishman have joined other players in asking a court to release them from LIV Golf contracts after the league collapsed financially in September. LIV, which burned through about $7 billion in Saudi funding, filed for bankruptcy protection with several star golfers listed as creditors owed at least $65 million in unpaid claims.
Smith alone is owed about $6.9 million. Players are seeking freedom to negotiate with other tournament organisers and sponsors while LIV remains unpaid.
Former world number one Jon Rahm's attorney told a US bankruptcy court that he determined the proposed "LIV 2.0" deal terms unacceptable and he will not participate. Rahm has an unpaid claim of about $10.8 million.
Why it mattersLIV Golf promised riches but left stars chasing money they never received, a dramatic collapse that shakes golf's entire financial landscape.
AustraliaSmith and Leishman, both major Australian sports figures, face months of legal uncertainty before they can play elsewhere or secure their unpaid wages.
✓ Claims checked against the source and corrected before publish. checked 3 h ago
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