Phil Mickelson has apologized for saying Sunday that he would be making "drastic changes" in his life due to new federal and state tax laws that he said would take away more than 60% of his income.
Those comments have led to speculation that the San Diego native might move from California or even retire from golf.
Mickelson said in a statement to Fox News on Monday that he was sorry if he "upset or insulted" anyone with his comments and that he is currently trying to learn more about the new tax laws in order to make informed decisions.
"Finances and taxes are a personal matter and I should not have made my opinions on them public," Mickelson said.
He added: "I certainly don’t have a definitive plan at this time, but like everyone else I want to make decisions that are best for my future and my family," he said.
The four-time major championship winner is scheduled to hold a press conference Wednesday at Torrey Pines.