John Daly Net Worth: When Did He Reveal His Gambling Losses?

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John Daly has been a familiar sight on the PGA Tour since he first competed there in 1987. There’s no denying the incredible financial rewards that come with a career in professional sports, but just how much? Just how much money has Daly made thanks to golf?

Daly is a formidable golfer known as “Long John” for his impressive off-the-tee distance.

Daly is constantly productive, whether on the golf course, overseeing his collaboration with Loudmouth Golf, or creating music. Learn about Daly’s golf earnings and the factors contributing to his relatively modest wealth.

How Much is John Daly’s Net Worth?

In 2023, John Daly is expected to have a net worth of $2 million. The famous golfer should have made much more money but frittered it away on gambling and divorce settlements.

Daly’s endorsements and salary add up to a large sum. The golfer has expanded his wealth through commercial ventures.

How Did John Daly Get Rich?

Daly and his siblings had a nomadic upbringing thanks to his parents, Jim and Lou Daly. When Daly was four, his family uprooted and moved from California to Arkansas. Daly’s interest in golf began when he was just 5 years old.

He quickly became a golfing prodigy after moving to Virginia with his family. After graduating from Helias High School in Missouri in 1984, Daly received a golf scholarship to attend the University of Arkansas.

John Daly Net Worth

In 1986, he met the requirements to play in the U.S. Open. After not finishing his degree, Daly turned professional in the summer of 1987 by winning the Missouri Open.

Daly made his mark on the golfing world in the early 1990s, competing in and winning events on the Ben Hogan Tour, Sunshine Tour, Ben Hogan Utah Classic, and the 1990 PGA Tour Qualifying Tournament. In 1991, he made the cut for the PGA Tour after finishing tied for 12th.

A great deal of success has marked Daly’s golfing career but has not been without its share of challenges. Daly’s performance declined in the late ’90s and ’00s because of his drinking problems.

Daly tied for 27th place at the 1996 U.S. Open. He withdrew from the U.S. Open the following year due to alcohol-related health problems. There are rumors that he started going to AA meetings.

Despite the ups and downs, Daly’s career has seen, he is still worth an estimated $2 million.

When Did John Daly Reveal His Gambling Losses?

In an interview with Graham Bensinger in 2014, Daly admits losing more than $55 million to the casino. The golfing champion thought his gambling losses were about half what they were. You can check out the tweet below:

After reviewing his tax returns, Daly saw the severe impact gambling had on his income. I can’t believe the great golfer lost so much money on the roulette wheel. Big John claims he used to wager several thousand dollars on each hand.

John Daly’s Earnings

John Daly’s estimated net worth is $2 million, even though he lost $55 million in gambling. Daly has won seven times on the PGA Tour and made the cut 402 times in his career, earning him $12.5 million. Daly has earned $2,221,096 (as of 4/2023) since joining the PGA Tour Champions in 2016.

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Loudmouth, a trendy golf apparel company, also sponsors Daly. In an interview with Dan Meltzer, the big winner claimed that Loudmouth’s brand value increased from $800,000 to $3 million after he signed with the company in 2009.

Although it is unclear how much Daly earns from the clothing line, doing well for the company financially can only be good for him. The eccentric golfer runs John Daly Pizza, a pizza program that markets to golf courses, restaurants, and convenience shops, in addition to his own merchandise store and the MoBetta Golf Tour.

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