Phil Mickelson gambling addiction and debt explored × Follow Us Create Notifications New User posted their first comment this is comment text Link Approve Reject & ban Delete Log in Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Gaming Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout Golf Feature Did Phil Mickelson have gambling debt Golfer opens up about gambling addiction By Vishnu Mohan Modified 13 Aug 2022 Follow Us Comment Share Phil Mickelson in the The 150th Open Previews (Image via Getty) Phil Mickelson made his debut at the inaugural invitational tournament of LIV Golf earlier this year. The golfer has been in the news since then. Mickelson reportedly pocketed a huge sum to participate in the 54-hole, 48-man field tournament backed by the Government of Saudi Arabia. However, this is not the first time that he has been in the spotlight for money-related issues. Earlier this year, Phil Mickelson revealed that he had a gambling addiction. The ace golfer was speaking in an interview with Sports Illustrated’s Bob Harig when he revealed that he suffered from a "reckless" and "embarrassing" gambling problem. View this post on Instagram Instagram Post The 52-year-old athlete opened up on his addiction while in conversation about his move to the LIV Tour. Just days before his debut in the Saudi-backed series, Mickelson spoke about his financial condition. The 2021 PGA Tour champion said that he had amassed huge losses due to his gambling addiction. Mickelson added that he had made “poor decisions” in the past. Speaking to Bob Harig, Phil Mickelson said: "My gambling got to a point of being reckless and embarrassing. I had to address it. And I’ve been addressing it for a number of years. And for hundreds of hours of therapy. I feel good where I’m at there. My family and I are and have been financially secure for some time.” He expanded on his addiction, saying: "Gambling has been part of my life ever since I can remember. But about a decade ago is when I would say it became reckless. It’s embarrassing. I don’t like that people know. The fact is I’ve been dealing with it for some time." Mickelson spoke about his wife's support and expressed his gratitude as he divulged: "Amy has been very supportive of it and with me and the process. We’re at place after many years where I feel comfortable with where that is. It isn’t a threat to me or my financial security. It was just a number of poor decisions." Phil Mickelson has lost millions due to his gambling addiction Golf writer Alan Shipnuck touched upon Mickelson's gambling addiction in the latter's autobiography. Addressing the debts carried by Mickelson, Shupnick noted that the former PGA Tour champ accrued an estimated gambling loss of around $40 million between 2010 and 2014. View this post on Instagram Instagram Post Furthermore, the Securities and Exchange Commission had alleged that Mickelson cleared off a gambling debt of nearly $1 million using a stock tip. The LIV Tour player is also infamous for betting during practice rounds of competitions. Mickelson spoke up about his addiction, acknowledging: "On the golf course, it’s creating competition. But it’s the anxiety, the other things that come across with gambling off the course and addiction off the course that I really needed to address." A six-time major championship winner on the PGA Tour, Phil Mickelson joined the LIV Tour earlier this year. He joined Dustin Johnson, Talor Gooch, Kevin Na, and Louis Oosthuizen at the controversial tournament that carries a prize money of $25 million. In the aftermath, Phil Mickelson, along with other LIV Golf players, were banned from the PGA Tour. The drama continued as Mickelson joined 10 others in filing an antitrust suit against the PGA Tour, claiming that the Tour acted unlawfully by suspending them. The golfers lost the lawsuit and currently remain banned from the PGA. Poll : 0 votes Quick Links More from Sportskeeda Edited by Saman × Feedback Thank You! Be the first one to comment Follow Us Share Show More Comments GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? 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