What Is Phil Mickelson's Net Worth?

What Is Phil Mickelson's Net Worth?

Phil Mickelson is one of the richest golfers of all time, with his earnings only second to Tiger Woods in the modern day. Lefty has won $94.6m on the PGA Tour throughout his career, with 45 victories including six Majors, 37 runners-up finishes and 197 top-10s. He is still some way behind Tiger Woods in that list, with Tiger winning over $120m in his career. Jim Furyk and Dustin Johnson are currently more $20m behind him in the Career Money List.

As far as net worth goes, Mickelson's is hard to estimate at the moment. Between 2019 to 2020, according to Forbes, Mickelson's annual earnings were $40.8m with $40m coming from endorsements. It was reported that his net worth was around $400m. Tiger Woods' net worth is estimated to be around $800m+, whilst Rory McIlroy is reportedly worth $220m+.

However it would come as no surprise if this number has decreased of late with Mickelson embroiled in a controversy surrounding comments he made on the PGA Tour and golf's new Saudi-backed Super League. He of course also signed with LIV Golf. Reports and estimates speculate that Mickelson received a signing fee of an astonishing $200 million from LIV Golf. A report by Forbes suggests he likely received half of that up front.

Forbes says that, with earnings of $138 million, Mickelson was the highest paid sportsperson of 2022 – Ahead of Lionel Messi with $130 million earnings. Lefty has now (likely) career earnings of over $1 billion.

However, as a result of the controversy around LIV, Mickelson had stated that he had given all of his sponsors "the option to pause or end the relationship" as he understands "it might be necessary given the current circumstances." However, the option didn't seem to work, with KPMG being the first to "mutually" part ways with the 51-year-old. 

Heineken/Amstel Light were the next to follow, and not long after, Workday released a statement, saying: "At this time, Workday and Phil Mickelson have mutually and amicably agreed to not renew our brand sponsorship that ends this March."

Additionally Callaway, a brand that has supported him since 2004, decided to pause their relationship. The brand also stated that: "Callaway does not condone Phil Mickelson’s comments and we were very disappointed in his choice of words – they in no way reflect our values or what we stand for as a company. Phil has since apologized and we know he regrets how he handled recent events. We recognize his desire to take some time away from the game and respect that decision."

Despite the controversy, Mickelson is involved in the course design and ownership business, with Mickelson Golf Design, Mickelson Golf Properties and Mickelson Private Golf.

Mickelson also won $9m in 'The Match' vs Tiger Woods in 2018, where he defeated his long-time rival in a playoff at Shadow Creek Golf Club in Las Vegas. Additionally, Mickelson won $6m from the The Player Impact Program in 2022.

Given all of this, it is tricky to estimate a definitive figure for Mickelson's net worth at the moment.

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