Re: Is Phil lying about his mega-money off the table?
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Read some article somewhere and also saw it on wikipedia that Phil Hellmuth was quoted to reportedly make over 400 million (not sure if this is a year or what time frame) off the poker table. Anyone have any info on this, I mean I know he makes a lot more w/ sponsorships / books / videos / whatever outside investments he has than money he makes from poker, but 400 million give me a break.
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400 million is a joke. Maybe, just maybe he grosses $5 million a year but his expenses and gambling losses eat into that. Even his books, while popular aren't huge money machines - they have a limited audience and he gets an advance on the sales which means he won't see any money from book sales until they equal his advance.
Poker Pro's always like to talk a good game but there are very few of them who consistently net more than $5m a year.
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