Here at SportsLens, we have decided to take an in-depth look at the career of the three-time Masters champion and American golfing royalty, Phil Mickelson. This includes his net worth, career earnings, and endorsement deals.

Phil Mickelson Net Worth Surpasses $400 Million

Phil Mickelson is arguably one of the best golfers in the history of the sport. He is the second highest paid golfer in history, just behind the great Tiger Woods. He will go down in the history books as an all-time great, of that there is no doubt.

As a true golf legend, here at SportsLens we have decided to take an in-depth look at Phil Mickelson’s net worth, career earnings, and endorsement deals.

As of today per Golf Monthly, Phil Mickelson’s net worth is estimated to be in the region of $400 million.

The 53-year-old is worth an absolute fortune and is one of the biggest names in the sport of golf. The California golfing superstar left the PGA Tour in 2022 to join the highly controversial LIV Golf tour, but has seen his net worth catapult since making the switch.

Golf Monthly now estimates his net worth to be at least $400 million, based on his lifetime earnings. His move to LIV Golf was one of the biggest, with the American guaranteed a $200 million purse for becoming a LIV Golf player.

Mickelson won his first major championship way back in 2004 at The Masters, winning another five majors since then. Mickelson miraculously won the 2021 PGA Championship as a huge underdog with the best offshore sportsbooks, so write him off at your peril as he aims to claim yet another major.

Mickelson’s net worth has also been heavily enhanced through ventures off the course. His other main earners off the golf course come through his various sponsors. Again, more on that later.

The career of Phil Mickelson has been an incredibly successful one thus far, as Mickelson aims to further cement his name in the golfing history books. You wouldn’t put it past him winning another major this year. He is a true golfing great and has still got it, despite being in his mid-50s.

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Phil Mickelson Career Earnings

Figures courtesy of pgatour.com

Ever since Phil Mickelson turned professional, he has cemented himself as one of the greatest golfers the game has ever seen. Not only has he won six majors, but all in all Mickelson has won 57 tournaments worldwide, including 45 on the PGA Tour.

Now, this year, Mickelson will be hopeful of adding more titles to his impressive golfing resumé. There is no denying that ‘The Thrill’ is one of the greatest players to have ever lifted a golf club.

Forget the course earnings for a minute, purely just on the golf course on the PGA Tour, and through LIV Golf, Phil Mickelson has earned $105,669,201. The majority of these earnings have come from his time on the PGA Tour, but the figure also includes his appearances over the past year or two in various LIV Golf events.

The career earnings don’t stop there though for the American golfing juggernaut. According to Spotrac, Mickelson’s career earnings in total equates to over $125 million. As mentioned, his official pay-outs are somewhere in the region of $105 million, but he has earned roughly $20 million more than that in total.

Mickelson’s most successful year to date in terms of career earnings was back in 2021 when he captured his sixth major championship at the PGA Championship. This figure of $125m is of course likely to be far higher, as it doesn’t include his $200m purse for joining LIV. In total, Mickelson won almost $9m in prize money in 2021.

‘Lefty’ is a huge outsider for more success now in 2024 in the four majors, but will be confident of once again shocking the world and winning a few more of the world’s biggest golf events. More about Mickelson’s off-the-course earnings next.

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Phil Mickelson Endorsement & Sponsorship Deals

Another reason that Phil Mickelson has a net worth of over $400 million and has earned upward of $125 million in his career is due to the fact he has various sponsors.

The 1970-born golf star has signed deals with numerous brands over the years, thus adding a significant amount to his wealth. The American has had several sponsors over the years, most notably Callaway and KPMG.

However, due to the controversy of Mickelson joining the Saudi-backed LIV Golf tour, the 53-year-old stated 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.”

KPMG seemingly mutually parted ways with Mickelson, with Heineken/Amstel Light the next of Mickelson’s endorsers to follow. Next was Workday, who 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.”

Interestingly, on Phil Mickelson’s website he still has Rolex, Mizzen and Main, Intrepid, VisaJet, Melin, and Grayhawk Golf Club as listed sponsors. Mickelson was formerly paid around $42m per year by Callaway, but that partnership is no longer active either.

All in all, despite losing a few of his sponsors, Mickelson still earns roughly $30-40 million per year purely from endorsements (source: Golf Span).

All of these sponsors, along with his earnings on the golf course are all huge factors in the growth of Mickelson’s net worth.

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