How much Dustin Johnson, Phil Mickelson and others will earn at LIV Golf London

Dustin Johnson and Phil Mickelson have already been paid in the region of a combined $325 million to compete in the LIV Golf Invitational Series, and that is before they have even struck a golf ball in Greg Norman's controversial new Saudi golf league.

Johnson has reportedly been paid $125 million after signing up to the LIV Golf series, with some reports saying it is closer to $150 million. 

Mickelson has received even more with a whopping $200 million. 

Johnson, a 24-time winner on the PGA Tour and third in the all-time career money list, today confirmed he has resigned from the PGA Tour. 

Related: Here's everything you need to know about the LIV Golf Invitational Series

GolfMagic is reporting LIVE from the LIV Golf Invitational London this week, so stay tuned to the website for all the latest stories and scores.

The big-hitting American follows compatriot Kevin Na, Spaniard Sergio Garcia and South African trio Branden Grace, Charl Schwartzel and Louis Oosthuizen in terminating their cards on the PGA Tour in order to concentrate on the new LIV Golf series. 

A total of 48 players will line up for the very first LIV Golf event in St Albans this week, and there is a huge $25 million purse on the line where $4 million goes to the winner, and $120,000 goes to the player finishing last. 

Related: Sergio Garcia finally gets his wish and resigns from the PGA Tour

There will also be a team prize for the week with a further $5 million up for grabs that will split amongst the top three sides.

It is therefore a huge money-making week for all of the players competing at Centurion Club. 

Let's take a closer look at the financial numbers on offer for the players this week: 

How much the players will earn at the LIV Golf Invitational London: 

Individual Tournament

1. $4,000,000

2. $2,125,000

3. $1,500,000

4. $1,050,000

5. $975,000

6. $800,000

7. $675,000

8. $625,000

9. $580,000

10. $560,000

11. $540,000

12. $450,000

13. $360,000

14. $270,000

15. $250,000

16. $240,000

17. $232,000

18. $226,000

19. $220,000

20. $200,000

21. $180,000

22. $172,000

23. $170,000

24. $168,000

25. $166,000

26. $164,000

27. $162,000

28. $160,000

29. $158,000

30. $156,000

31. $154,000

32. $152,000

33. $150,000

34. $148,000

35. $146,000

36. $144,000

37. $142,000

38. $140,000

39. $138,000

40. $136,000

41. $134,000

42. $132,000

43. $130,000

44. $128,000

45. $126,000

46. $124,000

47. $122,000

48. $120,000

Team Tournament (money split equally among team members) 

1. $3,000,000

2. $1,500,000

3. $500,000

What do you make of the prize money on offer at LIV Golf Invitational London? Are players making a big mistake by leaving the PGA Tour or do you encourage them to take full advantage of the LIV Golf money? Share your thoughts and comments on the GolfMagic social media channels, or come and join us over on GolfMagic YouTube.