Caddies for professional players could make up to $3,000 per tournament, but they also receive a percentage of the player's winnings. As of 2020, the highest paid caddy in golf was Justin Thomas' assistant Jimmy Johnson, who reportedly received as many as $502,851 on that year.
How much does Tiger Woods caddie get paid? Tiger Woods' caddie typically earns a five to 10 percent share of his golfer's earnings, according to Golf Week. A caddie can earn between $1,500 and $2,500 per week during golf tournaments, Forbes reports. What is this?
Diamond is one of the highest-paid caddies in the world, thanks to his alliance with the world number two ranked golfer Rory McIlroy. The yearly salaries of the caddies on the PGA Tour generally ranges from $238,000 to $502,000. Breaking it down further, they earn a base salary of $1,500 to $3,000 per tournament.
Yes, caddies still get paid even if their player misses the cut. Typically, caddies and their players agree on their base pay for the week. If a player does earn a check, caddies receive between 8-10%.
First, the caddie receives a regular base salary to work for a player, usually between $1,500 to $3,000 per tournament. This is important because most PGA Tour caddies pay their travel expenses, including lodging, food, etc. The caddie is making financial investments in each tournament played, just the like the player.
It was traditionally assumed that it was ten percent of their player's winnings, although that isn't always the case anymore. A caddie will negotiate a contract with their player and while the details will vary, the industry standard is that the caddie will be paid a weekly stipend of between $1500 and $3000 per week.
McIlroy became a brand ambassador of athletic apparel company Nike in 2013 for a reported USD 200 million to USD 250 million over 10 years. Four years later, the deal was renewed for a reported USD 100 million. This new deal is set to end in 2027.
Rory McIlroy's net worth in 2023 is $170 million. This is according to reputable outlets such as Celebrity Net Worth. Rory McIlroy was born on May 4, 1989 in Holywood, County Down, Northern Ireland.
As per McIlroy, he did not split with JP Fitzgerald due to a conflict. He said it was more due to him than Fitzgerald. The 33-year-old admitted that he would occasionally vent his frustrations and be harsh on his caddie following a poor showing. “It was partly to do with him and mostly to do with me," said McIlroy.
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.
His actual fortune is estimated at more than $1billion, making him one of just three known billionaire athletes in history, alongside basketball icons Michael Jordan and LeBron James.
Do Caddies Get Paid More if Their Player Wins The Masters? Yes – the caddie of The Masters winner is usually entitled to 10% of the overall purse. So, in the 2022 Masters Tournament, Scottie Scheffler's caddie took home $270,000 in addition to his weekly paycheck.
Caddies typically make 8% of a golfer's earnings, or 10% if they win. With Spieth's run of dominance over the past few years, Greller has made an estimated $3.1 million off of his work on the PGA Tour alone.
Caddies usually make more than $100 for each 18-hole round, or ''loop. '' Most clubs set a flat caddying fee per round, but the real pay comes from tips. Most caddies say they earn an average of about $120 for carrying two bags 18 holes.
Who is the caddie worth 1.5 billion? Meet Ryan Smith, Tony Finau's billionaire caddie who is richer than golf's best players and owns Utah Jazz.
Rory McIlroy owns not just one but two Ferrari models. The Ferrari F430 was his first Ferrari, while the F12 Berlinetta was bought by him from Ian Poulter.
Rory McIlroy: LIV Golf 'never offered me any money'
Many other top golfers like Tiger Woods, Ernie Els, Rory McIlroy, and Sergio Garcia own private jets but hire a crew to fly them.
It was a five-year agreement, roughly worth $100 million. The third deal was signed in 2006 for seven years, followed by the most recent deal, which is double the size of his second deal. It has been reported that his current Nike contract is $200 million.
Woods won the tournament not just with his TaylorMade three-wood, but with a whole bag full of TaylorMade clubs. Woods signed a sponsorship deal estimated to be worth more than $10 million annually with the San Diego-based company in 2017, a move that was part of a much broader strategic shift at TaylorMade.
Gore said caddies he's used in the past generally put about a dozen balls in his bag. One day, one of his past caddies requested that they pack only three sleeves. Was there that much of a difference in weight between three and four?
WE ALL know the importance of the relationship between tour professionals and their caddies. They spend a great deal of time together - maybe five hours on the course, an hour or so on the range before every round, perhaps another hour afterwards. Then eat together, they travel together.
"Caddies get a regular weekly paycheck because caddies have to pay for all of their own expenses, airfare, hotel, rental car, food, that's all on the caddie," Collins said. "So, they get a weekly paycheck from the player, and then you get a percentage of what the player wins if they make the cut."