Friday, May 15, 2026

Phil Mickelson’s Best Option Could Be Mix of LIV, Majors

  • The six-time major winner is registered to defend his PGA Championship next month and play in June’s U.S. Open.
  • The 51-year-old also filed for a release from the Tour to play in June’s inaugural Saudi-based LIV tournament in London.
Allan Henry-USA TODAY Sports

Phil Mickelson’s career may be in limbo in the wake of his controversial comments regarding the breakaway Saudi-based LIV Golf Invitational Series, but he’s keeping his options open.

On Monday, the six-time major winner released a statement via his agent announcing his registration to defend his PGA Championship next month and play in June’s U.S. Open — but he also filed for a release from the Tour to play in June’s inaugural LIV tournament in London. 

His Tour season is already a wash: He hasn’t played an event since January, has made only $140,608 this season, and is outside the top 200 in the FedEx Cup standings. 

Now, the 51-year-old’s best bet to add to his legacy and career earnings could be to focus on majors while enjoying the LIV’s weaker competition and bigger purses

  • The LIV tournaments will feature only 48 players — excluding many of the Tour’s best — on 12 four-man teams across eight events.
  • The first seven events each have a $20M individual purse and distribute $5M among the top three teams. 
  • Event winners take home $4M, the top three on the season share a $30M bonus, and the team championship has a $50M purse.
  • The PGA Tour’s largest payday is The Players ($3.6M), and the FedEx Cup winner receives an $18M bonus.

He hasn’t indicated when he’ll return to the course, and his reputation and earning power have already taken a hit, losing several sponsors in the aftermath of his Saudi comments, including Amstel Light, KPMG, and Workday.

Mickelson has made $95 million over his career.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Taylor Zarzour

3 Questions With the New Radio Voice of the Masters

Taylor Zarzour is filling in for Mike Tirico on SiriusXM this year.
Apr 10, 2025; Augusta, Georgia, USA; Jason Day plays his shot from the fifth tee during the first round of the Masters Tournament

How Golf Apparel Companies Pull Off Unauthorized Masters Merch

The Masters doesn’t officially partner with most apparel companies.

The Masters Ticket Resale Crackdown Continues

Augusta National has tightened its grip on the secondary market.

Amazon Drags the Masters Into the Streaming Era

Prime Video’s coverage means more streaming, viewing hours, and on-air talent.

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”

Mayweather-Pacquiao Rematch on Netflix Is On

The fight is expected to be at the Sphere in Las Vegas.
March 31, 2026

Tiger Woods ‘Stepping Away’ Ahead of the Masters After Arrest

Woods announced his decision Tuesday, with the Masters looming.
April 1, 2026

Project B Lands Projected Top WNBA Pick, Moves Start to December

The league announced a deal with Spanish forward Awa Fam on Wednesday.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
March 31, 2026

John Starks: ‘Giannis Is Not Coming’ to Knicks

The Knicks legend doubts the MVP will leave Milwaukee at all.
March 30, 2026

Mayweather Contradicts Key Details Surrounding Pacquiao Fight Plans

Mayweather is also supposed to fight Mike Tyson in an exhibition.
March 30, 2026

Charleston Open Director: Equal Prize Money Made Business Sense

The gender pay parity comes years ahead of schedule.
Tiger Woods of Jupiter Links GC tees off during match against Los Angeles Golf Club during the TGL finals at SoFi Center on March 24, 2026, in Palm Beach Gardens, Florida.
March 27, 2026

Tiger Woods Arrested for DUI After Another Rollover Car Crash

Woods was not seriously injured in the Friday afternoon accident.