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Daily Mirror
Daily Mirror
Sport
Aaron Flanagan

Phil Mickelson net worth and sponsorship deals - and a 'grotesque' obsession with money

Phil Mickelson's obsession with money has been branded grotesque - but he has plenty of it.

The golf legend has a staggering net worth of around $365million (£279m), making him the second richest player in the sport's history.

Only Tiger Woods can boast a bigger net worth than Mickelson and the pair have not been afraid to flaunt their money.

In 2018, Mickelson faced Woods in a one-off exhibition match where the winner would pick up an eye-watering $9m (£7m).

The match saw the pair stake huge sums of money, with side-bets taking place throughout. For example, they wagered $200,000 on the first hole alone.

Phil Mickelson stands above a tower of money before his match with Tiger Woods (Daily Record)

Such was the size of the finances on offer, the PR people behind the event thought it would be a good look to get both men standing behind piles of cash.

The pictures were branded 'grotesque' and 'vulgar' among other terms, with many believing that the exhibition was a bad thing for golf.

But for Mickelson, he does not really mind. He earns a remarkable amount firstly from golf, but then also his endorsements with famous brands.

Mickelson celebrates after winning The Masters in 2010 (AFP/Getty Images)

Callaway, Barclays, KPMG, Exxon Mobil, Rolex and Amgen are all among the companies paying money to Mickelson, in which he earns around $40million (£30.5m) every year.

Mickelson was ranked 74th on Forbes' 2018 list of highest paid celebrities in America, taking home $41.3m in earnings.

Of that, $37 million came from endorsements and $4.3 million from golf tournament winnings.

Mickelson is also known to be a big gambler, hence why he took part in the mega-money match with Woods in 2018.

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