Phil Mickelson has signed with LIV Golf, the breakaway golf tour backed by Saudi Arabia.
While announcing the decision, Mickelson noted he still intends to play in majors.
Brentley Romine of Golf Channel reported Mickelson's contract is worth in the range of $200 million.
Mark Cannizzaro of the New York Post reported Mickelson will compete in LIV Golf's inaugural event in London, which begins Thursday. The details of his deal aren't yet known.
The 51-year-old is the biggest star to align himself with LIV Golf, a group that includes Dustin Johnson, Graeme McDowell, Louis Oosthuizen and Kevin Na.