SBJ Morning Buzzcast: October 8, 2026

LIV Golf's restructuring hit a snag with Jon Rahm's exit even as new capital and major media/stadium deals reshape sports business.

• Rahm exits LIV: Jon Rahm will not return for LIV Golf 2.0, revealed via his attorney at a bankruptcy hearing; his $350M contract makes him LIV's largest creditor, with separation talks targeted for October 15.
• LIV restructuring under BC Partners: BC Partners Credit is investing $300M into LIV as it restructures and pushes player re-signing deadline to October 25; only Rahm's contract was rejected.

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