LIV Golf and its related entities voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court of New Jersey on Tuesday, with court records listing Jon Rahm ($7.5 million) and Bryson DeChambeau ($5.

LIV Golf took on the establishment, spent over $5 billion, and lost.

The most notable change: LIV plans to expand its fields to 75 players, introduce a cut and implement Monday qualifiers, none of which were elements present in past iterations of the league.