I think I must have arrived in “pity poor me” land without the benefit of a ticket. In channel surfing a few moments ago, I was appalled at all the people interviewed that are feeling sorry for Mr. Mickelson, a multi-millionaire that may have to leave California because he feels “targeted” by higher taxes being foisted on the 2% of Americans and he may have to change his life-style. Excuse me while I go puke. Is he saying that if he makes an endorsement for a product and is paid ten million dollars that he will only be able to keep $3.7 million? (I suspect that figure is incorrect but even so….how many people earn that amount of money in their life-time?)
According to Forbes, he is the 7th highest paid athlete in the world, with a salary topping $4.8 million dollars and winnings and endorsements totaling over $43 million.
What an obscene statement to make that he will have to change his life style. What? Will he have to start riding the bus? (He sure won’t be able to ride that bus past Newport Ave. on Sundays. Good thing there aren’t any golf tournaments down this way.)
Mickelson said that one of the reasons he did not become a part owner of the San Diego Padres last year was because of the tax increases facing him. They only sold for $800 million. Surely he could have coughed up an equal share but I suspect it didn’t look like such a good investment after all.
His net worth is reported to be more than $150 million dollars and he is having financial problems? I should be so stressed.
It has been reported that his house in Rancho San Diego is appraised at $11 million dollars. Judging from the housing market today of more expensive homes, it would probably sell in a heartbeat. Too bad. I would like it not to sell so he could feel some of the real concerns the middle class feels today as their homes are underwater and foreclosed on.
I’m glad to see whiners like Mr. Mickelson leaving San Diego to better environs – for them – where they can keep more money in their pockets. How in the hell can they spend all that money anyway? Isn’t it too bad that he can’t do his share to help the economy regain in strength. Isn’t it too bad that $150 million dollars is not enough for him to live on. No, Mr. Mickelson. I have no pity for you. In fact, I no longer even like you.
Andy Cohen says
Methinks Mr. Mickelson might be just a tad bit misinformed……his tax rate won’t go above 50%, and will likely be significantly lower than that if his accountant is worth a crap. Dude will still be pulling down close to $24 million after taxes. So no, I don’t feel sorry for him.
Maybe that is why he is backpedaling on his original statement!
What a slime.
bob dorn says
What does Mickelson do now? Leave? Stay? I’d be whining if I had to make such a public decision. I wonder, too, if the U-T regrets having put one of its own in a spotlight so tragic as this one.
John Lawrence says
Maybe Mickelson will just have to keep working swinging that golf club and forget about his dreams of retirement and spending his golden years playing golf. Oh, what? That’s what he does for a living. Silly me.
Love it, John!
He probably got hit in the head a few times by said little white balls.