Phil mickelson is such a degenerate..

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  • Bluehorseshoe
    SBR Posting Legend
    • 07-13-06
    • 15004

    #1
    Phil mickelson is such a degenerate..
    Phil Mickelson paid $1.9 million gambling debt to Vegas bettor, court documents say
    1:23 PM ET

    David PurdumESPN Staff Writer



    Federal prosecutors broke down a series of stock trades by Phil Mickelson in 2012 and identified an alleged $1.9 million debt related to sports gambling during the high-profile trial of Las Vegas businessman and renowned gambler William "Billy" Walters.

    According to transcripts of Thursday's proceedings, the prosecution told the court that an independent business management firm, if called to testify, would say Mickelson was a client and that "records show that in July 2012 Mickelson owed a debt to William T. Walters, the defendant, related to sports gambling." The prosecution added that on Sept. 19, 2012, Mickelson "transferred $1,950,000" to Walters.

    Walters is widely considered the most successful American sports bettor. He owns multiple golf courses in Las Vegas and more than a dozen car dealerships across the country. He has been indicted multiple times previously but has never been convicted.

    Mickelson is not charged in the case. He and Walters have had a relationship for decades, often playing golf together.

    The government alleges that Walters passed inside information he received from a former executive at a dairy production company on to Mickelson before the golfer purchased about 200,000 shares of Dean Foods through transactions on back-to-back days in late July 2012. According to prosecutors, Mickelson sold the shares just more than a week later for a $930,000 profit.

    Mickelson has agreed to pay back the proceeds he made from the transactions with interest.

    Walters is facing multiple counts of securities fraud. He has denied any wrongdoing.

    On Thursday, according to court transcripts, FBI special agent Paul F. Roberts testified that Mickelson and Walters were in communication in the days leading up to both men purchasing shares of Dean Foods, a stock Walters has owned for years. Roberts testified that Mickelson had not owned any stock in Dean Foods in recent years. Walters' defense has asserted that the trades were based on publicly available information regarding a spinoff of the company, not any information from Thomas Davis, a former executive for Dean Foods and associate of Walters who is now a cooperating witness for the government.

    Mickelson is on the witness list for Walters' defense. Mickelson has said he will not be called as a witness in the case. Walters' lawyers told Judge Kevin Castel last week that Mickelson's counsel had informed them that the golfer would invoke his Fifth Amendment right, if called.

    Mickelson, who has won more than $82 million on the PGA Tour, including $4.2 million in 2012, is in the field at this week's Shell Houston Open and shot an opening-round, even-par 72 on Thursday.

    Walters' trial is expected to continue into next week.
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    Originally posted by Bluehorseshoe

    Walters is widely considered the most successful American sports bettor.

    Comment
    • funnyb25
      BARRELED IN @ SBR!
      • 07-09-09
      • 39663

      #3
      I use to like the guy back in the day
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        old news

        Phil does not gamble anymore
        Comment
        • GUMMO77
          SBR Hall of Famer
          • 08-23-10
          • 9294

          #5
          Originally posted by funnyb25
          I use to like the guy back in the day
          What changed?
          Comment
          • tony_come
            SBR Posting Legend
            • 03-31-10
            • 21695

            #6
            What happened???
            Comment
            • DrunkHorseplayer
              SBR Hall of Famer
              • 05-15-10
              • 7719

              #7
              Walters is a crook who's sports betting is probably limited to laundering his money; hope he goes down hard.
              Comment
              • reigle9
                SBR Posting Legend
                • 10-25-07
                • 17879

                #8
                it's an open joke that phil is the biggest degen on earth
                Comment
                • USCPHILLYGUY
                  SBR Posting Legend
                  • 12-15-12
                  • 21746

                  #9
                  Guys net worth an estimated 300 million. Don't think he's eating ramen noodles after losing 2 mil
                  Comment
                  • Snowball
                    BARRELED IN @ SBR!
                    • 11-15-09
                    • 30058

                    #10
                    enough is not enough with these guys.

                    it's sad when success does not bring satisfaction.
                    Comment
                    • funnyb25
                      BARRELED IN @ SBR!
                      • 07-09-09
                      • 39663

                      #11
                      Originally posted by GUMMO77
                      What changed?
                      His whole attitude changed...Phock him
                      Comment
                      • reigle9
                        SBR Posting Legend
                        • 10-25-07
                        • 17879

                        #12
                        Originally posted by USCPHILLYGUY
                        Guys net worth an estimated 300 million. Don't think he's eating ramen noodles after losing 2 mil
                        phil's a fukkin gangster and gives 0 fukks

                        he probably bets on him getting indicted lol
                        Comment
                        • Harry N. Lloyd
                          SBR MVP
                          • 03-26-08
                          • 4810

                          #13
                          Originally posted by DrunkHorseplayer
                          Walters is a crook who's sports betting is probably limited to laundering his money; hope he goes down hard.
                          Come on, Drunk. You don't mean it. Billy Walters is the patron saint of sports bettors. Don't turn on him now, just because the feds are trying to take him down. What next? Are you gonna turn on JJ Gold??
                          Comment
                          • payupsucker
                            SBR High Roller
                            • 07-20-07
                            • 200

                            #14
                            Phil loses a million is like most gamblers losing a free play. He pissed more than that in jet fuel expenses over the years.
                            Comment
                            • gummo
                              SBR Hall of Famer
                              • 09-04-06
                              • 6297

                              #15
                              Focused on family when the wife got cancer.

                              I like the drug ads he does where he moves in slow motion by the way.
                              Comment
                              • Mr KLC
                                BARRELED IN @ SBR!
                                • 12-19-07
                                • 31097

                                #16
                                So Phil Mickelson bets and gets to keep playing, but Pete Rose is banned for life? I guess Lady Justice really is blind, eh?
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Walters is poor compared to Phil
                                  Comment
                                  • manny24
                                    SBR Posting Legend
                                    • 10-22-07
                                    • 20046

                                    #18
                                    he is one of us
                                    Comment
                                    • DroopyDog
                                      SBR MVP
                                      • 11-03-16
                                      • 1255

                                      #19
                                      I remember the old stories about Phil stiffing pinnacle years ago.. dont know if it was true or not
                                      Comment
                                      • QuantumLeap
                                        SBR Hall of Famer
                                        • 08-22-08
                                        • 6880

                                        #20
                                        Originally posted by Mr KLC
                                        So Phil Mickelson bets and gets to keep playing, but Pete Rose is banned for life? I guess Lady Justice really is blind, eh?
                                        I saw that exact same post on msn.com in the comments section. Were you posting there?

                                        It's not illegal for Mickelson to bet just because he's in professional sports. What Pete Rose did was against MLB rules because he bet on MLB.

                                        I see a lot of comments in news web sites shaming people for gambling like this. I'm guessing it's only Americans. Gambling is accepted in most of the rest of the world.
                                        Comment
                                        • Sam Odom
                                          SBR Aristocracy
                                          • 10-30-05
                                          • 58063

                                          #21
                                          Kenny boy killed himself because Walters turned his back on him
                                          Comment
                                          • manny24
                                            SBR Posting Legend
                                            • 10-22-07
                                            • 20046

                                            #22
                                            RIP Shrink
                                            Comment
                                            • BuckyOne
                                              SBR MVP
                                              • 01-02-15
                                              • 2728

                                              #23
                                              Originally posted by DroopyDog
                                              I remember the old stories about Phil stiffing pinnacle years ago.. dont know if it was true or not
                                              I think he stiffed the agent that stiffed Pinny just like Shrink did.
                                              Comment
                                              • BuckyOne
                                                SBR MVP
                                                • 01-02-15
                                                • 2728

                                                #24
                                                Originally posted by Sam Odom
                                                Kenny boy killed himself because Walters turned his back on him
                                                Didn't Shrink beard for him and even though he wasn't supposed to he also bet chunks for himself. Which left him vulnerable when BW got enough line movement to play middles instead of holding some bets - probably always was going to buy them back but never told Shrink.
                                                Comment
                                                • packerd_00
                                                  SBR Posting Legend
                                                  • 05-22-13
                                                  • 17812

                                                  #25
                                                  Is Micheal Jordan still Sports Gambling.
                                                  Comment
                                                  • jtoler
                                                    BARRELED IN @ SBR!
                                                    • 12-17-13
                                                    • 30967

                                                    #26
                                                    Why is he a degenerate, if most lost 1k here that'd prob be equivalent to his loss.
                                                    Comment
                                                    • BuckyOne
                                                      SBR MVP
                                                      • 01-02-15
                                                      • 2728

                                                      #27
                                                      Originally posted by jtoler
                                                      Why is he a degenerate, if most lost 1k here that'd prob be equivalent to his loss.
                                                      I know 2 good size locals that he stiffed. Rumor has it is he would find locals - collect small - pay small - then hit it bigger and either collect or stiff and move on to the next victim.
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388179

                                                        #28
                                                        He is lucky he got off

                                                        Just as guilty as Walters
                                                        Comment
                                                        • ChuckyTheGoat
                                                          BARRELED IN @ SBR!
                                                          • 04-04-11
                                                          • 37520

                                                          #29
                                                          Originally posted by jjgold
                                                          He is lucky he got off

                                                          Just as guilty as Walters
                                                          JJ, does PhilM post at SBR?
                                                          Where's the fuckin power box, Carol?
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Phil does not

                                                            Many celebs do though


                                                            We cannot say
                                                            Comment
                                                            • Sam Odom
                                                              SBR Aristocracy
                                                              • 10-30-05
                                                              • 58063

                                                              #31
                                                              Originally posted by Sam Odom

                                                              Kenny boy killed himself because Walters turned his back on him
                                                              Originally posted by manny24

                                                              RIP Shrink
                                                              Originally posted by BuckyOne

                                                              Didn't Shrink beard for him and even though he wasn't supposed to he also bet chunks for himself. Which left him vulnerable when BW got enough line movement to play middles instead of holding some bets - probably always was going to buy them back but never told Shrink.

                                                              Bucky... not sure about the real days when Kenny bearded for him - but Shrink milked it long after Billy cut him off


                                                              .
                                                              Comment
                                                              • ChuckyTheGoat
                                                                BARRELED IN @ SBR!
                                                                • 04-04-11
                                                                • 37520

                                                                #32
                                                                Originally posted by jjgold
                                                                Phil does not

                                                                Many celebs do though


                                                                We cannot say
                                                                Norm McDonald has shown up on the forums. Norm likes to gamble a bit. Commentates poker on occasion.
                                                                Where's the fuckin power box, Carol?
                                                                Comment
                                                                • Mac4Lyfe
                                                                  SBR Aristocracy
                                                                  • 01-04-09
                                                                  • 48395

                                                                  #33
                                                                  Mickelson has been gambling and accepting bribes his entire life. All golfers are gamblers. They love the action and will gamble on anything. So what? I'm not sure why we make a big deal about something everybody does. There's not a grown man alive that hasn't been in a club with some buddies proclaiming "I bet you I'm going to get some pussy tonight". Or, I bet you can't chug that shit down or I bet you can't make that basket, etc., etc. Woman are worst than men... "I bet you he pay my rent when he sees me in these fukk me jeans". Hell most parents have had to bet/bribe their kids just to do shit. "Johnny, if you get all A's, I'm going to buy you an xbox".

                                                                  Nothing to see here...
                                                                  Comment
                                                                  • eidolon
                                                                    SBR Hall of Famer
                                                                    • 01-02-08
                                                                    • 9531

                                                                    #34
                                                                    Originally posted by QuantumLeap
                                                                    I saw that exact same post on msn.com in the comments section. Were you posting there?

                                                                    It's not illegal for Mickelson to bet just because he's in professional sports. What Pete Rose did was against MLB rules because he bet on MLB.

                                                                    I see a lot of comments in news web sites shaming people for gambling like this. I'm guessing it's only Americans. Gambling is accepted in most of the rest of the world.
                                                                    I bet Michael Jordan bet on NBA while he was playing.
                                                                    Comment
                                                                    • chico2663
                                                                      BARRELED IN @ SBR!
                                                                      • 09-02-10
                                                                      • 36915

                                                                      #35
                                                                      Originally posted by Mr KLC
                                                                      So Phil Mickelson bets and gets to keep playing, but Pete Rose is banned for life? I guess Lady Justice really is blind, eh?
                                                                      there is a lot more to pete. His brother dave coached me in all star games. If you ever want to know just ask. Also pete is lucky he didn't go away for a long time.
                                                                      Comment
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