Mickelson and Callaway

BJG718 · October 4, 2006

please give me details???

I was just wondering if anyone knew the real answers behind this story. When did callaway hire mickelson? What type of money does he make from callaway annually? was it because of his own debt or his wife's debt? etc.... Thanks guys
-Brendan

TuffKukae · October 4, 2006

I think it's NONE OF YOUR BUSINESS... this post is poor form in everyway !

Gxgolfer · October 4, 2006

Lots of rumors about Phil. Wait for the book after he retires. Everything else is pretty bad speculation.

Callaway Golf Signs Mickelson to Long-Term Contract; Reigning Masters Champ to Endorse Company's Clubs, Balls
Business Wire, Sept 7, 2004
.

CARLSBAD, Calif. -- Callaway Golf Company (NYSE:ELY) today announced it has signed a long-term contract with reigning Masters champion Phil Mickelson to play its golf clubs and golf ball and endorse Callaway Golf on the PGA Tour. Mickelson, the No. 4-ranked golfer in the world and one of the game's most popular and exciting players, will wear the company's logo on his shirt sleeve, the side of his visor and his golf bag and will wear Callaway Golf® footwear and golf glove.

Mickelson, 34, will start this week's Bell Canadian Open by playing a prototype version of Callaway Golf's popular HX® Tour Golf Ball. The prototype is similar to the original HX Tour in distance and aerodynamics, but has a softer cover for optimum control from 150 yards in -- a part of the game Mickelson has worked to perfect this year. Also in his bag this week at Glen Abbey Golf Club, Oakville, Ontario: a prototype Fusion® Driver -- a product Callaway Golf will introduce later this year or early next year -- and the current Big Bertha® 3-wood and 4-wood. He will work with Callaway Golf club designer Roger Cleveland to develop the irons, wedges and putter that best suit his game.

"This has been a wonderful year for me," Mickelson said. "Starting with my first major championship at Augusta, and then by continuing to play with more consistency than I have at any time in my career, I have been able to accomplish a lot. The two areas I have stressed this year have been driving the ball in play and having optimum distance control from 150 yards in. To further my progress in those areas, and to help me achieve my ultimate goal of becoming the No. 1 player in the world, I felt it was necessary to switch to the exciting new driver and golf ball technology from Callaway Golf."

theinsider · October 4, 2006

Callaway signed Mickelson on September 7, 2004. It was the week of the Canadian Open and they introduced him at the opening of the new Callaway Canada headquarters. (He spent about an hour talking to the staff and a couple media people that were there)

As for the terms, unless you are Steve Loy (his agent), Callaway, or a member of his family the exact number and story is simply speculation.

The deal was purported to be for at least 5 years. The rumour was $80 million over 10 years.

The deal he left at Titleist was worth about $4 million per year with incentives and had about 16 months left on it.

:(