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The LIV Golf League struck another devastating blow to the PGA Tour on Thursday, as the Saudi Arabian-financed circuit signed Masters champion Jon Rahm to a multi-year contract worth more than $300 million, according to sources.
Rahm, a former No. 1 golfer in the world and two-time major champion, is the latest PGA Tour star to accept hundreds of millions of dollars to defect to the rival tour. Given Rahm's success and popularity around the world, the Spaniard might be LIV Golf's most important signing.
Rahm's decision comes at a time when the PGA Tour and Saudi Arabia's Public Investment are trying to bring a fractured sport back together by adjoining its commercial properties, including LIV Golf.