From the NY Post: Pro golfer Phil Mickelson dropped a good five percent of his salary on gambling debts in 2012, it emerged in Manhattan federal court on Thursday.
In Sept. 2012, Mickelson forked over close to $2 million for gambling debts to professional gambler Billy Walters, according to documents presented at Walters’ insider trading trial on Thursday.
That year, the PGA winner earned $48 million, the same court document said.
The sneak peak into Mickelson’s gambling habit was presented to a Manhattan federal jury charged with deciding whether Walters illegally traded on stock tips he got from a director pal at butter company Dean Foods. Walters has plead not guilty. http://nypost.com/2017/03/30/phil-mickelson-once-spent-nearly-2m-to-pay-off-a-gambling-debt/
Phil dropping $2,000,000 is like me losing $10 on Powerball. Not a big deal.
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