While every player/caddie agreement is different, generally speaking, most PGA Tour caddies make a base of between $1,500 and $3,000 per week. Based on a player’s finish, a typical caddie rate is around 5% of the winnings for any finish outside the top 10.
How much did Tiger Woods Caddie make?
Williams also earned money though endorsements, and gifts from Tiger. 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.
How much does a PGA caddy make a year?
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.
Do caddies get paid if player misses cut?
In addition to a cut of prize money, most caddies receive $1,500 to $2,500 per event, which typically covers expenses for the tournament. If the player misses the cut, the caddie is likely to net very little for the week. Our estimates include caddies’ cut of winnings, weekly pay and sponsorship income.
How much does Phil Mickelson’s caddy make?
Jim Mackay worked with Phil Mickelson for 25 years. Their partnership ended in June 2017. Jim Mackay Salary: Professional golf caddies earn a base salary and 5-10% of a tournament purse. Jim Mackay earns between $500 thousand and $1 million per year.
How much does Jordan Spieth caddy make?
Jordan Spieth’s Caddie’s Estimated $2M Earnings Would Be 39th on Tour Money List. Jordan Spieth’s caddie and former sixth-grade teacher, Michael Greller, has likely made $2 million this season.
How do pro golfers get paid?
Professional golfers are paid a percentage of the purse for each tournament they play in and finish in the money. For example, the U.S. Open pays down to the 60th place finisher. Rory McIlroy won $1.4 million wining the US Open in 2011.
Do caddies make good money?
But when there’s work the pay is good, and in cash. Caddies usually make more than $100 for each 18-hole round, or ”loop. Most caddies say they earn an average of about $120 for carrying two bags 18 holes. It can be a bit less, or much more if your players are high rollers playing for serious money.
Do pro golfers pay an entry fee?
A PGA Tour player who’s exempt from qualifying doesn’t have to pay entry fees for tour events. Most professionals competing in a pre-tournament qualifying event pay entry fees of $400 apiece, except for Champions and Nationwide Tour players ($100 each) and non-exempt PGA Tour members (no entry fee).
Do Ryder Cup caddies get paid?
While they aren’t paid, the golfers do receive items of value for their participation.
How are caddies paid?
“If the player misses the cut, the caddie still has to get a paycheck because the caddie pays for all of his own expenses — airfare, hotel, car, food, all of it.” As Collins explained, caddies also get a weekly salary negotiated with their player. Caddies can range from $1,500-$3,000 a week.
Do PGA Tour players pay for hotels?
The more well-known golfers travel by plane and stay in luxury hotels or rented homes, while the typical player on a minor tour drives to the next tournament and stays in a motel.
How much does a teenage caddy make?
On average, a teenage golf caddy can earn $100 to $120 carrying two bags for 18 holes, referred to as a “loop.” Assuming a “loop” takes around 4 hours, the hourly pay breaks down to $20-$30 per hour. However, the real money in caddying is in the tips. Do a good job, and a golf caddy can double his or her pay.