Phil Mickelson has invested in several businesses outside of golf which has helped the golfer in increasing his net worth. Investing in fast food chains has been an investment strategy adopted by several athletes in recent years.
Before admitting his love for Five Guys, Mickelson did acknowledge how he grew up eating at the rival restaurant. He said, “I grew up on In-N-Out.” Apparently, everything changed for Mickelson after he tasted the burgers and fries of Five Guys.
The 52-year-old said, “I thought that was the best burger until I had Five Guys. That is hands down the best burger I’ve ever had.” On the surface, it looked like Mickelson was endorsing another free food item.
Fellow golfer Stewart Cink, a big fan of In-N-Out, directed this tweet at AP golf writer Doug Ferguson. He tweeted, “Keep in mind, PM owns SoCal rights to FiveGuys. Biased argument?” Mickelson’s agent, Gaylord Sports Management, confirmed to CNBC that he is in fact a member of a group
It depends on how much Mickelson would associate himself with the Five Guys restaurants. Still, if he does so wholeheartedly, it may give the chain a significant boost as it expands into In-N-Out territory.