Phil Mickelson shook the PGA Tour tree. The result has been hundreds of millions of dollars the PGA Tour claimed it didn’t have being added to purses.
“No, absolutely not, no,” he said. “We took out an enormous loan during the pandemic in which that, if we had another year of the pandemic, our Tour would only be sustained for another year. So, we took out an enormous loan. It worked, it paid off in our benefit, hence we were able to use that money to make the increases that we’ve made.”
Bill Horschel, who was one of the most vocal critics of Mickelson in public, took home $3 million in free money from the PGA Tour slush fund. “I don’t think I’d give Mickelson any credit for what we’re doing out here. I would give the element of competition [from LIV] and the PGA Tour having to go against another entity that is viable and has money and can do things. That is what has brought us together, was that entity, not Mickelson himself.”
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