Biographer Alan Shipnuck reveals in an excerpt that Phil Mickelson may have had financial difficulties due to eight-figure gambling losses.
that the six-time major champion may have had financial difficulties due to eight-figure gambling losses.
"Throw in all the other expenses of a big life - like an actual T. Rex skull for a birthday present - and that leaves, what, $10 million? Per the government audit, that's roughly how much Mickelson averaged in annual gambling losses. In other words, it's quite possible he was barely breaking even, or maybe even in the red. And Mickelson's income dropped considerably during his winless years from 2014 to '17.
Shipnuck, who previously published a book excerpt that included Mickelson’s unvarnished thoughts on the Saudi breakaway league that led to sponsors abandoning ship and him stepping away from the game, also addresses why he waited three months to publish his original story and hypothesizes why Mickelson chose to make such comments to him.
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