Masters champion Jon Rahm bolted for Saudi-funded LIV Golf on Thursday for what’s believed to be more money than the PGA Tour’s entire prize fund, a stunning blow that deepens the divide in golf as the two sides were negotiating a commercial deal.

Rahm confirmed the move in an interview with Fox News. Wearing a black letterman’s jacket with the LIV logo, he said it was not an easy decision.

“I’ve been very happy,” Rahm said. “But there is a lot of things that LIV Golf has to offer that were very enticing.”

He said he would keep private how much the deal was worth amid reports that put his compensation in the $500 million range, which likely would include equity in his new team. The PGA Tour’s total purse in 2023 was about $460 million.

The development comes 25 days before the deadline for the PGA Tour and Saudi Arabia’s Public Investment Fund to try to finalize their June 6 agreement to become commercial partners in a for-profit enterprise, along with the European tour.

Talks have been going slowly, and Tiger Woods said last week there were a lot of moving parts. The biggest moving part turned out to be the 29-year-old Rahm, the No. 3 player in the world and a two-time major champion approaching his prime, being the latest to defect.

Rahm had been adamant he has enough money and he only cares about history and legacy. He recently said he “laughed” whenever he saw his name linked to LIV.

“It was a great offer. The money is great, obviously it’s wonderful,” Rahm said. “But what I said before is true: I do not play golf for the money. I play golf for the love of the game and for the love of golf. But, as a husband, as a father and as a family man I have a duty to my family to give them the best opportunities and the most amount of resources possible and that is where that comes in.”

He remains eligible for the majors for the next five years — the Masters for life, the U.S. Open until 2031. Still to be determined is how the move affects his eligibility for the Ryder Cup.

“It’s hard to sit here and criticize Jon because of what a great player he is,” Rory McIlroy said in an interview with Sky Sports. “Jon is going to be in Bethpage in 2025 [for the Ryder Cup]. Because of this decision, the European tour is going to have to rewrite the rules. There’s no question about that.”

Rahm’s addition gives LIV Golf seven of the last 14 winners at the majors.

“LIV Golf is here to stay,” Lawrence Burian, the chief operating officer of LIV Golf, said in a news release sent out after Rahm’s appearance on Fox News.

PGA Tour Commissioner Jay Monahan had been scheduled to meet this week with Yasir Al-Rumayyan, the head of the PIF. The meeting was delayed until next week, but it wasn’t clear if it was still on or how Rahm’s announcement affects the negotiations.

Since the stunning commercial partnership was proposed June 6, the tour has also entertained offers from private equity groups. Those include Fenway Sports Group and Acorn Growth, which includes former AT&T Chairman Randall Stephenson. He resigned from the PGA Tour board out of protest with its deal with Saudi Arabia.

Europe’s Jon Rahm left the PGA Tour for LIV Golf for a reported $500 million deal.