REPORT: Phil Mickelson Lost $40 Million Gambling Over Just A Few Years

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David Hookstead Sports And Entertainment Editor
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Phil Mickelson reportedly lost a shocking amount of money gambling.

There have long been whispers that Mickelson has gambled over the years, but the upcoming book “Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colorful Superstar” from Alan Shipnuck shines a new light on the situation. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)

Shipnuck wrote the following about the golf star’s alleged gambling losses, according to FirePitCollective.com:

The massive scale of Mickelson’s gambling losses has never before been made public, but, as noted in the book, during the Billy Walters insider trading investigation, government auditors conducted a forensic examination of Phil’s finances. According to a source with direct access to the documents, Mickelson had gambling losses totaling more than $40 million in the four-year period (2010–14) that was scrutinized. In those prime earning years, his income was estimated to be just north of $40 million a year.

Imagine losing $40 million over just a few years. That’s more money than most people could make in several lifetimes. Allegedly, the golf star managed to lose that much during my college years!

I can’t even imagine losing that kind of cash. It’s truly mind-boggling.

Don’t get me wrong. I like to gamble as well. I go to Vegas at least once a year, gamble on sports all the time and love to play some low-stakes blackjack.

Now, will I ever gamble enough to lose $40 million? No, because I don’t even have that much money to begin with. It’s kind of hard to lose money you don’t have to begin with!

Let us know what you think of Mickelson’s alleged gambling losses in the comments below.

H/T: BroBible