US golfer Phil Mickelson is one of the finest golfers in the business. He has won six major tournament championships and 45 PGA Tour titles. He won the PGA Championship in 2021 at the age of 50 years, 11 months, and seven days, making him the oldest player to win the competition.
In 2022, the three-time Masters winner defected to the controversial LIV Golf series, reportedly for a whopping signing amount of $200 million. Mickelson was the most expensive player to join the league in its debut season.
The upgrade in his pay cheque instantly propelled him up the ladder to become the second richest golfer this year. His net worth this year was estimated to be around $300 million despite losing major sponsors after joining the Saudi-backed league.
While his defection from the PGA Tour was shocking and grabbed headlines, something even more shocking was revealed by biographer Alan Shipnuck in May this year. According to him, Mickelson had lost almost $40 million because of gambling a few years back.
This news made many wonder if that was the reason behind him leaving the PGA Tour for LIV Golf. There’s a strong possibility that Mickelson joined the LIV Golf series to repay his hefty gambling debts.
“My gambling got to a point of being reckless and embarrassing” – Phil Mickelson
Read More: Did Phil Mickelson join LIV Golf to recover his gambling debt?