Updated

LIV Golf and related entities voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court of New Jersey on Tuesday. Court filings show the league owes over $45 million to its players, with stars Jon Rahm ($7.5 million) and Bryson DeChambeau ($5.7 million) among the largest creditors. Attention has now turned to what comes next for LIV's star players and the league's broader survival. Reports indicate golf's main tours are expecting significant interest from LIV golfers seeking to return, though the path back is expected to be complicated by contractual, financial and competitive hurdles stemming from the bankruptcy proceedings.