Breaking Down a Professional, PGA Tour Golf Caddy Salary
- Base salary of about $1,500 to $3,000 per tournament on the PGA Tour to cover expenses, including travel to tournament locations.
- If the golfer wins the tournament, the caddy gets an additional 10% of the earnings.
- If the golfer finishes in the top-ten in an event, the golf caddy gets an additional 7% of the earnings.
Do golf caddies make good money?
Oct 20, 2019 · A caddie on the PGA Tour receives a base salary — usually around $1,000 to $2,000 — to cover travel expenses. He will earn 5% of the winnings if his golfer finishes outside of the top 10 and 7% of the winnings for a top-10 finish.
What percentage do caddies get paid by the pros?
Feb 14, 2022 · How Much Do PGA Golf Caddies Get Paid? Caddies on the PGA Tour earn a base wage of $1,500-$3,000 every tournament, plus a percentage of the profits (assuming the player makes the cut)–10 percent for a win, 7% for a top-ten finish, and 5% for anything else. While this is common, caddie compensation is frequently negotiated with the golfer.
Who is the highest paid Caddy on the PGA Tour?
Oct 12, 2021 · But how much does a caddy actually make? How Much Do PGA Golf Caddies Make? On average, PGA Tour caddies make a base salary of $1,500-$3,000 per tournament, plus a percentage of winnings (if the golfer makes the cut)–10% for a win, 7% for a top-ten finish, and 5% for everything else. While this is typical, caddie’s salaries are often negotiated with the …
How much does a caddie for an elite golfer earn?
Jan 13, 2019 · How many PGA Tour pro golfers pay their caddies. A base salary ($1,000-$2,000 per week on the PGA Tour to cover some travel expenses) 5 percent of earnings when the pro finishes outside the top 10
Who is the highest paid caddy on the PGA Tour?
| Search Search in Rank Caddy Name Player Name Yearly Payout for 2020 | ||
|---|---|---|
| Rank | Caddy Name | Yearly Payout for 2020 |
| 1 | Jimmy Johnson | $502,851 |
| 2 | Jonathan Jakovac | $486,825 |
| 3 | Austin Johnson | $472,600 |
How much do pro golfers pay their caddies?
Do caddies pay their own expenses?
How much does Tiger Woods caddy get paid?
How much money does the caddy of the winner of the Masters get?
How much does Justin Thomas caddie make?
Do PGA players pay for their own travel?
Who is the richest caddy?
| Rank | Caddy Name | Yearly Payout for 2020 |
|---|---|---|
| 1 | Jimmy Johnson | $502,851 |
| 2 | Jonathan Jakovac | $486,825 |
| 3 | Austin Johnson | $472,600 |
| 4 | Paul Tesori | $417,595 |
Who is the richest golfer?
- Tiger Woods – $800 Million.
- Phil Mickelson – $400 Million.
- Jack Nicklaus – $320 Million.
- Greg Norman – $300 Million.
- Gary Player – $250 Million.
- Rory McIlroy – $130 Million.
- Fred Couples – $120 Million.
- Jordan Spieth – $100 Million.
How are caddies assigned at the Masters?
How much does a golf caddie make?
Typically, the earnings of golf caddie vary, as shown below. He gets a base salary of about $1,500 to $2,000 per week on the PGA Tour to cover his expenses, including travel to tournament locations.
Do caddies pay for travel?
Caddies also pay for their expenses throughout the tour. This includes accommodation, healthcare, and journey expenses. However, some caddies have a much closer relationship with their golfer. This could attract a higher base salary, even probably cover travel and hotel booking expenses.
What is the role of a golf caddy?
However, golf caddies carry a lot of responsibility as they are the player’s coach, mentor, inspirator, and course analyst. Professional golf players put a lot of faith in the caddies that they hire, and hence the best golf caddies are paid well.
What is a golf caddie?
Professional golf players and their caddies work hand in hand. A caddie is a highly esteemed person that contributes immensely to the success of a golfer. The amount of money a golf caddie makes depends on what the golfer makes. Typically, the earnings of golf caddie vary, as shown below.
How does a golf caddie work?
Professional golf players and their caddies work hand in hand. A caddie is a highly esteemed person that contributes immensely to the success of a golfer. The amount of money a golf caddie makes depends on what the golfer makes. Typically, the earnings of golf caddie vary, as shown below.
How much did Johnson Wagner's caddy make?
He earned a $1 million payout on the FedEx cup bonus alone! The 150th place in the 2019 FedEx standings went to Johnson Wagner, earning $667,792. Wagner’s caddy would have earned a total annual salary of $100,000 ($50,000 base + $50,000 commission).
Does the PGA Tour pay caddies?
The PGA Tour doesn't set standards or regulate what caddies can be paid. Pros are responsible for finding and hiring caddies, and the caddies are responsible for setting terms of those agreements, be they in writing or verbal. A PGA Tour pro typically pays their caddie on what's become a standard pay scale.
How much does a caddie make?
However, if a caddie works with a player for 20-30 events per season, a caddie will earn a minimum of $20,000-$30,000 per season, and that's assuming a player makes zero cuts all year.
Do caddies have to pay taxes?
That will still leave most caddies at a loss because they incur way more expenses than the average employee. Caddies are expected to pay their own travel and accommodations most weeks. They have to pay for their health care, even if subsidized by the PGA Tour. They have to pay self-employment taxes.
Is the PGA Tour an independent contractor?
As far as the PGA Tour is concerned, pro golfers and their caddies are considered independent contractors . The PGA Tour doesn't set standards or regulate what caddies can be paid. Pros are responsible for finding and hiring caddies, and the caddies are responsible for setting terms of those agreements, be they in writing or verbal.
How much do PGA caddies make?
Caddies can make several arrangements with a player concerning his salary. Most PGA Tour caddies make between $1000 and $1500 per week, but they also make a percentage of what the player wins in the tournaments. This usually equates to 5 percent of any finish outside the top 10. Players breaking into the top 10, but not winning, will share 6-8 percent of their prize with their caddies. Winning players may share up to 10 percent of the prize money with their caddy.#N#Other earning arrangements for caddies might include receiving no set salary and instead earning 10 percent of all prizes won by the golfers. Alternatively, some caddies may receive a higher weekly pay but no cut of the golfer's winnings.
What are the benefits of being a PGA Tour caddie?
There are several benefits to being a PGA Tour caddie in addition to the salary. Caddies often get paid to travel to exotic locations and stay in five-star resorts. Some caddies get disability and health benefits, although this is not standard.
What is a PGA caddy?
The PGA Tour runs the most important golfing tournaments in the United States. It is the country's premier golfing organization and PGA Tour caddies are highly regarded. Caddies are essential to the game, and there are several benefits to being a PGA Tour caddie (sometimes spelled caddy) including making a set salary or a salary plus ...
What are the benefits of being a caddy on the PGA Tour?
There are several benefits to being a PGA Tour caddie in addition to the salary. Caddies often get paid to travel to exotic locations and stay in five-star resorts. Some caddies get disability and health benefits, although this is not standard. The prestige of associating with the premier golf organization in the United States is also an important ...
How long does a golf caddy work?
Most caddies work 30 weeks a year or less. This leaves almost 40 percent of the year free for them to pursue other jobs or enjoy their free time. There is little to no required education or experience needed to become a PGA Tour caddy, so many caddies are able to start working right after high school or college.
