New biography reveals Mickelson had $40 million in gambling losses - Sportsnet.ca

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Federal auditors investigating Phil Mickelson's role in an insider trading scheme found his gambling losses totaled more than $40 million (U.S.) from 2010 to 2014, according to an excerpt from a forthcoming biography.

Federal auditors investigating Phil Mickelson’s role in an insider trading scheme found his gambling losses totaled more than $40 million from 2010 to 2014, according to an excerpt from Alan Shipnuck’s forthcoming biography.

Mickelson has been out of public view since the final round of the Saudi International on Feb. 6. A short time later, Shipnuck posted explosive comments from Mickelson on his involvement in Greg Norman’s Saudi-backed golf venture. Mickelson was a relief defendant in 2016 in the insider trading case that sent noted gambler Billy Walters to prison.In the most recent excerpt on the $40 million in gambling losses, Shipnuck wrote that government auditors investigated Mickelson’s finances over four years from 2010 to 2014. The author cited a source with direct access to the documents.

Shipnuck also said money was largely behind his split with longtime caddie Jim “Bones” Mackay in 2017. He wrote that Mackay left Mickelson after the Memorial that year over a series of “simmering grievances,” including hundreds of thousands of dollars in back pay. Shipnuck wrote more details on that would be in the book.

 

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What an idiot 40 million

👀 Oh dear

EVR551 he could have re-signed Rizzo with that money instead. Smh.

Great golfer, even worse gambler 😂

How many times are we gonna bring this back up?

Why the hell is his gambling losses from many years ago suddenly a public news story? Shouldn't something like that remain private for him?

He's good for it

GOAT level..

You don't have to be wealthy to have a gambling addiction, but I wonder why golfers, and other sports players earn so much money.

MichaelBtoch no wonder he wants the Saudi money.

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