Phil Paid Friend Nearly $2 Million in Gambling Debts

 

Phil Mickelson may not be present in the courtroom, but he seems to be a popular subject in the ongoing insider trading trial of professional gambler Billy Walters. So much so, that on Thursday we learned just about how much Lefty lost in gambling debts to him in 2012, and it wasn’t a small amount. Earlier this month Mickelson was named as a key witness by both the prosecution and the defense. Then this week he made it clear that he would not testify

The New York Post has the latest report:

In Sept. 2012, Mickelson forked over close to $2 million for gambling debts to professional gambler Billy Walters, according to documents presented at Walters’ insider trading trial on Thursday.

 

That year, the PGA winner earned $48 million, the same court document said.

The sneak peak into Mickelson’s gambling habit was presented to a Manhattan federal jury charged with deciding whether Walters illegally traded on stock tips he got from a director pal at butter company Dean Foods. Walters has pleaded not guilty.

Let’s be honest, while $2 million sound like a lot, Phil spends that kind of money on aftershave. 

[NY Post]

 

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