Mike Chiari@@mikechiariFeatured Columnist IVMay 5, 2022
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According to an upcoming biography of Phil Mickelson, the golfer lost over 40 million dollars in gambling.

The author of Phil: The Rip-Roaring is Alan Shipnuck. An excerpt from the book "Golf's Most Colorful Superstar" was posted on FirePitCollective.com on Wednesday.

A source with access to the documents said the gambling losses were in excess of 40 million dollars when government auditors looked into his finances after he was investigated for insider trading.

According to Shipnuck, Mickelson may have only been breaking even or even losing money despite making over 40 million dollars per year.

Recently, Phil Mickelson was in the news because of comments he made about Saudi Arabia and its human rights violations, as well as his negotiations to potentially play on a tour rivaling the PGA Tour in the country.

An excerpt from the book was released in February, detailing the conversation he had with Phil Mickelson regarding the Saudi Tour.

In part, he said:

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"They're scary motherf--kers to get involved with. ... They killed [Washington Post reporter and U.S. resident Jamal] Khashoggi and have a horrible record on human rights. They execute people over there for being gay. Knowing all of this, why would I even consider it? Because this is a once-in-a-lifetime opportunity to reshape how the PGA Tour operates."

He has not played a PGA Tour event since January because of his comments.

Lefty missed the Masters because he didn't have the proper paperwork to play in the U.S. Open and the PGA Championship.

The Saudi Arabian golf invitational series is in London in June.

In his latest excerpt, Shipnuck wondered why Mickelson contacted him to talk about Saudi Arabia and why he even considered playing in the Saudi golf league.

The "funny money" that may be being offered, especially when considering his past gambling debts, was speculated to be the reason for Mickelson's desire to play in Saudi Arabia.

Lefty is preparing for a return to defend his PGA Championship title.