Most LIV golfers are excited for the weekend. A year ago, LIV Golf Adelaide showed what other LIV events were missing. Cameron Smith is basking in the home support. Talor Gooch is already feeling the vibes. The likes of Dustin Johnson and Brooks Koepka hope to shake off the Masters anomaly. A $4 million paycheck waits on Sunday. But there’s a catch!

Ask the defending champion, and he will tell you. Gooch was shocked when he opened his account on Monday. Almost half of what he earned was ‘missing’. Last April, Gooch’s mood was a little peppery, and a similar fate awaits this year’s champion as well.

Why LIV Golf Adelaide ‘s**cked’ for Talor Gooch

Adelaide catapulted Talor Gooch to the summit. The South Australian state was also the location of his biggest paycheck. And the largest tax cut he ever saw. In Adelaide, too, Gooch was handed a $4 million paycheck but received only half the amount. 

The American star had to pay almost 47.5% on Australian taxes. The Oklahoma State product took home around $2.8 million. Interestingly, the defending champion himself revealed that in a podcast last year.

Trending

Greg Norman’s LIV Golf Becomes a Laughing Stock in Golf World After Video From Singapore Event Hit the Internet

May 03, 2024 06:30 PM EDT

2024 LIV Golf Singapore: Prize Money Breakdown and Winner’s Payout

May 04, 2024 07:00 PM EDT

Is Scottie Scheffler Taking a Paternity Leave to Support Wife Meredith and Their Baby?

April 25, 2024 04:16 PM EDT

Tiger Woods’s Odds at Winning 2024 US Open is Zero; Here’s Why

May 04, 2024 08:15 PM EDT

LIV Golf News: Greg Norman Snubs Coverage Nightmare Rumors With an ‘Enormously Wealthy’ Confession

May 05, 2024 02:26 AM EDT

Get instantly notified of the hottest Golf stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Gooch said, “It was a little bit disheartening seeing 47 and a half percent because Australian taxes [do] not enter the account… It was a big one this last week, but yeah, it s***ed that 47 and a half percent was withheld for Australian taxes, unfortunately.” The three-time LIV Golf winner was a little upset, but the $2.8 million, his highest paycheck then, didn’t offer any reason for complaining.

“I’m by no means complaining, but the four ($US4 million)—once you cut it all up, let’s just say it’s a lot less than four on the back end of it, but hey, I’m not going to complain.” Oddly enough, he could take solace from his LIV Golf peer. Phil Mickelson, and not Talor Gooch, was subjected to the most harsh tax regime a decade ago.

Taxes and golf: a thorny subject of debate for more than a decade

The point to consider is that golfers have to pay taxes regardless of where they play. But, perhaps nowhere, they lose almost half the money. In this country, taxes vary across states. A golf agent told Golf.com that California withholds almost 7 percent of straightways. It’s easy to forget now, but a decade ago, Phil Mickelson paid 44.02% in British taxes. 

Lefty won twice, first the Scottish Open and then the 2013 Open Championship. The 53-year-old earned $2,167,500 in aggregate. However, the six-time Major champion also had to pay $954,000 in taxes. In addition to that, the UK also considers endorsement and ranking bonuses. Mickelson had to cough up a further 45% of his yearly earnings.

In total, after adding his California tax, the veteran paid 61.5% of his Scottish earnings at that time. Although Talor Gooch said he wouldn’t complain, Lefty was furious at that time. Allegedly, Californian tax law was one of the reasons he shifted to Jupiter Island, Florida.