After a hard-hitting interview from Tiger Woods ahead of the Hero World Challenge, long-standing peer, Phil Mickelson, has indirectly responded to the statements. In a recent tweet, ‘Lefty’ put out the numbers to back up his reasoning in a tweet, which is additionally on display online.

Phil Mickelson provides a reason to counter Tiger Woods’ claim

Ahead of the Hero World Challenge, in which Woods won’t be participating, the golf legend dismissed claims that the PGA Tour had massive cash reserves. He revealed that the Tour was forced to take enormous loans to stay afloat during the pandemic.

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Previously, Mickelson had claimed that his previous Tour was “sitting on $800 million.” But in reply to a writer’s tweet after Woods made the statement, Mickelson divulged the details of the PGA Tour’s money.

In his statistical tweet, Mickelson claimed the PGA Tour had $1.6 billion in stocks and $700 million in cash. He added there was another $1.15 billion in non-liquid assets. All these humongous numbers were from the non-profit section, Mickelson claimed.

But are Mickelson’s numbers even real? Interestingly, the 6-time major championship winner claimed that all the information was on the internet and can be “googled.” Sure enough, the seemingly confidential info is out in the open, where all the figures can be obtained. You can check out the tax filings of the PGA Tour yourself, all the way from 2011.

Did the PGA Tour take a loan to make ends meet during the pandemic?

The situation during the wrath of COVID-19 was ungainly for all, and it was no different for the PGA Tour. However, only a few months off the scare, the PGA Tour has readily improved purses and introduced elevated events with well-paid prize money.

The move comes after the arrival of the Saudi-backed LIV Golf Series. A number of high-profile players, most notably Mickelson, switched leagues and opted for the cash-rich league.

In a show of strength, the PGA Tour has made its tournaments lucrative and introduced new rules to attain the best roster in as many events as possible. The sudden splurge raised questions about PGA’s hitherto revenue, which was further amplified by its vocal critic, none other than Phil Mickelson himself.

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