Lefty might be left out of PGA Tour moving forward - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 23, 2022 Newswires
Share
Share
Post
Email

Lefty might be left out of PGA Tour moving forward

Columbus Dispatch (OH)

These days, news travels fast over a host of platforms, and these platforms are easily accessed by pocket-sized delivery devices — and processing it all can be overwhelming. Yet, there are times when certain stories can bring an abrupt halt to the scrolling.

Lately, Phil Mickelson and his involvement with a rival world golf tour jammed my gears. It was like a knotted log that ground the teeth in the sawmill of an incessant newsfeed.

Mickelson said something that might get him banned from the PGA Tour, and remember, this is a guy the FBI couldn't even nail when they investigated him for insider trading.

Lefty's story begins with Alan Shipnuck, the former Sports Illustrated and Golf Magazine writer who is in the process of finishing a book about Mickelson. The book will be titled, "Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf's Most Colorful Superstar."

The way Shipnuck tells it, Mickelson just couldn't help himself and felt compelled to grant an interview when it came to the subject of the Saudi Golf League. The idea of a rival tour has been around for more than a few years, but the SGL has gotten some traction since Greg Norman and his company agreed to back it last October.

Late last week, Shipnuck dropped excerpts from his interview with Mickelson in a story he, Shipnuck, wrote for the golf-centric website Fire Pit Collective. Here's a quote:

"We know they killed (Washington Post columnist 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 it's a once-in-a-lifetime opportunity to reshape how the PGA Tour operates.

"They've been able to get by with manipulative, coercive, strong-arm tactics because we, the players, had no recourse. As nice a guy as (PGA Tour commissioner Jay Monahan) comes across as, unless you have leverage, he won't do what's right. And the Saudi money has finally given us that leverage. I'm not sure I even want (the SGL) to succeed, but just the idea of it is allowing us to get things done with the (PGA) Tour."

Does Mickelson have a point or two to make? Probably. He has long agitated about the distribution of money on the Tour. He believes the Tour controls too much of the wealth. Monahan, under threat, has pumped up purses, especially in events that involve the top players, such as The Players and the FedEx Playoffs. Revenue streams for social-media involvement have been greatly widened.

The Saudi royal family, via its sovereign Public Investment Fund, which recently bought Newcastle United for $407 million, is promising Mickelson hundreds of millions of dollars. Mickelson said he has recruited several "top players" and they have had lawyers draw up an operating agreement.

What is operational here is greed.

While there is nothing inherently wrong with jump-starting a rival Tour, for whatever reason, something is certainly amiss here. Drawing up an "operating agreement" might be enough for a Tour ban or suspension, but that's not even the unsettling part.

Mickelson likes the idea of gobs and gobs and gobs of guaranteed money, so he'll get in bed with a "scary (expletive deleted)" who have kidnapped and dismembered at least one of their critics. Hey, as far as we know, it's not two. Not so bad. As for the other human-rights violations, well, it's a cultural thing. Let's grow the game!

Over the weekend, a number of highly ranked players — Collin Morikawa, Jon Rahm and Rory McIlroy among them — were asked about Phil and the SGL and they kind of shrugged and said they were happy competing against the best fields in the world over here.

Dustin Johnson, rumored to be one of the players interested in the SGL, on Sunday announced (via the PGA Tour) that he, too, is fully committed to the PGA Tour.

If (as rumored) Lee Westwood, 48, and Ian Poulter, 46, want to throw their visors in with Mickelson, 51, and play on the Shark tour, well, as Justin Thomas put it, "If they're that passionate, go ahead. I don't think anybody's stopping them."

Mickelson, according to written testimony in federal court, is a big-time gambler who has written checks worth millions of dollars to cover his losses, might just have to be content with playing the stock market.

Michael Arace

Columnist

Columbus Dispatch

USA TODAY NETWORK

Older

Michael Arace: Does Phil Mickelson want to use Greg Norman, Saudi Arabia to cover spread?

Newer

Stalled In D.C., The Single-Payer Fantasy Makes Its Way To Blue States

Advisor News

  • The conversation almost no advisor is having yet
  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
More Advisor News

Annuity News

  • Sammons Enterprises & Sammons Financial Group Respond to Reports
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
More Annuity News

Health/Employee Benefits News

  • Florida lost 450,000 ACA enrollees in 2026 as premiums rose an average of 37% nationally, new data shows
  • Sand says he’d undo Iowa’s private Medicaid management on Day 1
  • Lahn clarifies position on privatized Medicaid
  • What happens when your hospital is also your insurance company? We’re starting to see the effects
  • Florida lost 450,000 ACA enrollees in 2026 as premiums rose an average of 37% nationally, new data shows
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Americans without children are less confident about retirement, Allianz finds
  • The conversation almost no advisor is having yet
  • DELAWARE INSURANCE DEPARTMENT DETAILS REVIEW OF BRIGHTHOUSE ACQUISITION
  • Sammons Enterprises & Sammons Financial Group Respond to Reports
  • Court losses bring Greg Lindberg fraud victims closer to restitution
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet