Wednesday, May 6, 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

exclusive

Grant Horvat Among YouTube Golf Stars Joining Wasserman’s Firm

Golf creators Grant Horvat and the Bryan Brothers land major sports representation deals.

LIV CEO Says League’s Value Lies in the Teams As Saudi Era Nears End

The league is looking for new investors in its 13 teams.

PGA Tour’s Two-Track Future on Display in the Carolinas This Week

Tournaments are taking place in Charlotte and Myrtle Beach, S.C.
In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)

Leagues Weigh In on Future Prediction Market Regulation

Safeguarding integrity and protecting consumers were common themes.

Featured Today

Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.
Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.
May 1, 2026

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.
INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.
April 22, 2026

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
Mar 28, 2026; Miami Gardens, FL, USA; Aryna Sabalenka of Belarus reacts during her match against Coco Gauff of the United States in the final of the women’s singles at the Hard Rock Stadium.

Sabalenka, Gauff Suggest Grand Slam Boycott Over Prize Money Share

“Without us there wouldn’t be a tournament,” Sabalenka said.
Apr 30, 2026; Miami, Florida, USA; Justin Rose watches his tee shot on the first hole during the first round of the Cadillac Championship golf tournament.
May 1, 2026

McLaren Golf CEO: Price Point of $375 Irons ‘Justified’

The luxury car maker is now in the golf game.
Apr 29, 2026; Atlanta, Georgia, USA; Detroit Tigers starting pitcher Tarik Skubal (29) throws against the Atlanta Braves in the first inning at Truist Park.
May 5, 2026

Skubal’s Elbow Surgery Puts Free-Agent Record in Doubt

The star pitcher will likely be out of action for at least two months.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Mar 19, 2026; Portland, OR, USA; BYU Cougars forward AJ Dybantsa (3) dribbles against Texas Longhorns forward Dailyn Swain (3) in the second half during a first round game of the men's 2026 NCAA Tournament at Moda Center.
April 29, 2026

AJ Dybantsa Has Big NBA Plans. He’ll Chase Them While Wearing Nike

“Around sixth grade, that was my first dunk.”
Brendan Sorsby runs with the ball during the Texas Tech football team's spring game, Friday, April 17, 2026, at Jones AT&T Stadium.
April 27, 2026

Texas Tech QB Sorsby to Seek Treatment for Gambling Addiction

The NCAA has reportedly opened an investigation into Sorsby’s betting activity.
Mar 25, 2026; Miami Gardens, FL, USA; Elena Rybakina (KAZ) salutes the crowd after her natch against Jessica Pegula (USA) (not pictured) on day nine of the 2026 Miami Open at Hard Rock Stadium.
April 27, 2026

Tennis Star Calls Out ‘Wrong’ Electric Line-Calling System in Madrid

A stomach virus has spread across the Madrid Open.
Sponsored

How Thrivent and Athletes for Hope Are Leading With Purpose

Meet those making a difference as Thrivent and Athletes for Hope spotlight community impact.