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.
Who is the highest earning golf caddy?
· 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. PGA caddie salary.
How much does a top golf caddy make?
· Most professional golfers' caddies earn a salary of $1,000 to $3,000 per week. While this may sound like a lot for their week of work, bear in mind many caddies are responsible for their travel and lodging accommodations. In addition to a salary, caddies typically earn a bonus based on how well their golfer performs each week.
How much do golf caddies get paid?
· The caddy’s salary in the PGA tournament comes from a weekly allowance. The weekly wage for this position ranges from $1500 to $3000. Caddies On PGA Tour When the caddies serve wins, they receive an additional payout from the bonus. Based on the previous agreement of each party, the amount deducted will account for a certain percentage.
What makes a good golf caddy?
· Caddies do more than just carry a golfer's equipment around. They're also responsible for giving professionals the distances to the hole, raking bunkers, and replacing divots – anything to ensure...
Who is the highest paid caddy on the PGA Tour?
Jimmy JohnsonWhy Do They Earn So Much?Search Search in Rank Caddy Name Player Name Yearly Payout for 2020RankCaddy NameYearly Payout for 20201Jimmy Johnson$502,8512Jonathan Jakovac$486,8253Austin Johnson$472,60012 more rows
How much money has Tiger Woods caddy made?
Tiger Woods Earnings During his time caddying for Tiger Woods, Steve earned at least $12 million in bonuses and salary alone. Tiger also reportedly gave Steve 10 vehicles that were won at tournaments.
What do the caddies earn at the Masters?
around $210,000This is the most amount of prize money ever at the tournament. With this in mind, the winning caddy will receive $207,000 for their efforts in addition to the weekly salary they agreed upon with their golfer. As a result, a caddy can make around $210,000 during the Masters.
How much does Phil Mickelson pay his caddy?
With Phil taking home $2.16 million, that means his caddie - Phil's brother Tim - is likely in line for a $216,000 payout. As Collins explained, caddies also get a weekly salary negotiated with their player. Caddies can range from $1,500-$3,000 a week.
Do caddies pay their own expenses?
How does the business arrangement typically work? Professionals' caddies, just like the golfers for whom they work, are self-employed, independent contractors responsible for paying their own expenses.
Who is the best caddy in golf?
Top 5 Highest paid caddies on the professional circuit 2020Adam Hayes (Jon Rahm) Adam Hayes and Jon Rahm, (img src. ... Paul Tesori (Webb Simpson) Paul Tesori and Webb Simpson, (img src. ... Austin Johnson (Dustin Johnson) ... Jonathan Jakovac (Collin Morikawa) ... Jimmy Johnson (Justin Thomas)
Who is Tiger Woods caddy?
Joe LaCavaTiger Woods / Caddy
Who is the richest golfer of all time?
Tiger WoodsIt may come as no surprise that Tiger Woods is the wealthiest golfer of all time. He has exceeded $800 million dollars since the beginning of his career in golf.
Do caddies get paid by sponsors?
Caddies will be paid, through the caddie association, to have a logo on items associated with their trade, like a hat, bag strap, towel, even yardage books.
How much is the caddie bones worth?
$5 MillionWhile he doesn't have the extensive list of players he has caddied for as some of his contemporaries, he is certainly one of the game's most memorable caddies. But how much do you really know about Jim Mackay and how he has reached an estimated net worth of over $5 Million.
How much do caddies make at Augusta National?
According to Golf Week, a caddie earns five to 10 percent of a professional golfer's winnings on top of his base salary. A caddie makes between $1,500 and $2,500 in base pay per week during golf tournaments, Forbes reports.
How rich is John Daly?
John Daly is an American professional golfer who has a net worth of $2 million.
How much does a caddie make on the PGA Tour?
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. The caddie earns 10% of winnings when his golfer wins a tournament.
What does a caddie look for in a golf course?
The caddie looks for changed conditions like whether the course has become softer or firmer. He also checks the pin locations and watches other golfers to see how the ball reacts on the green. So, as you can see, caddying for a professional golfer involves more than just carrying clubs.
What is a caddie in golf?
A caddie has several duties that are critical to a golfer’s success. For a typical PGA Tour event that runs from Thursday to Sunday, a caddie’s work starts on Monday, when he’ll walk the course alone with a range finder and level to chart the greens.
How early can a caddie go to the golf course?
The caddie will get to the course before the pro — as much as four or five hours earlier for a late-afternoon round — to see if anything about the course has changed. This way he can relay that information to the golfer before he tees off.
Is golf a lucrative sport?
on October 20, 2019. Golf is a lucrative sport for the top players on the PGA Tour. They can take home millions by winning a single tournament. A golfer’s caddie plays a major role in that success, which means that professional golf can also be lucrative for them.
Do caddies pay taxes?
It’s not all profit for the caddie, though, as he’s responsible for paying for his own travel and accommodations most of the time. As independent contractors, caddies must pay self-employment taxes and health care costs, even if it’s subsidized by the PGA Tour.
Do pro golfers give caddies tips?
Pros may also decide to give their caddie a tip or bonus at the end of the tournament. It’s not all profit for the caddie, though, as he’s responsible for paying for his own travel and accommodations most of the time. As independent contractors, caddies must pay self-employment taxes and health care costs, even if it’s subsidized by the PGA Tour.
Why do caddies help golfers?
Lastly, caddies are incentivized to keep their golfer in a good mental state throughout the round. They must help their golfers be confident with each shot and put bad shots behind them.
What do caddies do on golf shots?
On most shots, caddies provide second opinions on the club/shot choice after factoring in the distance, weather, lie, and course conditions.
What do caddies do?
A caddie's most basic duties include carrying clubs and equipment. They'll also need to keep their golfer's equipment clean during a round.
Do caddies need to know the course?
On the PGA Tour, caddies will also need to know the golf course, which can require scouting the venue before an event. Once on the golf course, they need to know distances to hazards off the tee and distances to greens from any point on the course.
Do caddies get paid?
Though the above figures are common, some Caddies will earn a lower salary and instead receive a higher percentage of a player's winnings. Conversely, there are PGA caddies who take a higher guaranteed salary but a smaller percentage of winnings.
Do professional golfers fly on private jets?
It's also becoming increasingly common for the best professional golfers to fly on private jets and rent houses for their teams. These players' caddies will often travel and stay with their golfers but may receive a lower salary if these expenses are paid for them.
What percentage of golf wins go to caddy?
It is not that public for what golfers have lined up with their caddies, but on the LPGA side it is supposedly around 7-8% of winnings go to the caddy. If a woman wins a tournament and takes home $300,000, ...
Why is it hard to get an estimate with the earnings of country club caddies?
It is hard to get an estimate with the earnings of country club caddies because who knows what is going to happen with tips. You might be shocked at what some golf caddies can make if they work at a wealthy country club that has golfers that enjoy a caddy and their company.
What is the job of a junior golfer?
A popular job for junior golfers is to be a caddy at a local golf course. Nowadays, most public golf courses do not have a caddy program, but most country clubs do have caddy services available. The job is not only for junior golfers because it can be a great job for all ages and whoever wants to get their foot in the door in the caddying space.
How to get involved in a caddy program?
To get involved in a caddy program and get your foot in the door, then you just need to check out local golf clubs in your area and see if they offer classes or even have a job opening.
Is being a caddy on a golf course lucrative?
Being a caddy on a golf course can be a very lucrative endeavor, and it might pay off to try and become a caddy at the highest level for that amount of pay!
Can a caddy double their salary?
A typical LPGA caddy could easily double their salary if their golfer is one of the most successful players on the tour.
How much does a golf caddy make?
While earnings of a caddy depend on the job contract, most of the PGA Tour caddies can earn more than $1000 per week.
How much money do you get as a golf caddy?
So, if the golfer wins $1500000, the caddy may get up to $150000 from that money.
What percentage of the winnings do caddies get?
Typically the percentage for the PGA caddy lies between the ranges of 5% to 10% of the golfer’s winnings amount.
Why do caddies take percentages?
Because, if the player can’t become successful in the tour, you as a caddy will also experience an unsuccessful tour. So, it is a common practice for the caddies of professional golfers to take a percentage from the weekly winnings of the golfer. Now, in what percentage they agree depends on them.
How much does a caddy make an hour?
One of the amazing things about the caddies is a caddy who works in any wealthy country club depending on the player whom he works with may make up to $50 to $75 per hour. In some cases, it may exceed this limit as well.
How much does a golf caddy get from a golfer's winnings?
The calculation is fairly straightforward. Suppose, a golfer wins a tournament and is awarded $320000. In that case, his caddy may get up to $25600 from the golfer’s winnings. It’s as simple as that.
How much does a country club caddy make?
A country club caddy earns around $30-$35 on an average scale. Please don’t conclude it here as the main fun things are yet to be revealed. A caddy mainly earns money on tips. The largest portion of their income comes from the tips, not from the fixed rate. Now, how much you can make as a caddy depends on many factors.
