PGA Tour Caddies Salaries 2021 Prize Money Share in Golf

PGA Tour Caddies Salaries in Golf

PGA Tour Caddies Salaries in Golf

The PGA Tour organizes the major golf tournaments in the United States. It is the leading golf organization in the country, and PGA Tour Caddies are highly appreciated. Caddies are crucial to the game of golf, and a PGA Tour caddy (sometimes called a caddy) has numerous benefits.

Some of this includes earning a fixed salary, or salary plus a percentage of what the player earns throughout the tournament.    

Golfers win huge cash prizes on PGA tours. However, a fixed fee and bonus are paid to the caddies who help the golfers on the rounds. In 2015, Forbes published the list of the highest-paid caddies in golf. According to the report they provided, the golf caddy Micah Fugitt from (Billy Horschel) makes $ 1.57 million, and not only that, and he also bags in a 7% share of the prize pool.

Some golf caddies make more money when they sign up for sponsorship. The salaries of the caddies on the PGA tour have increased, making more money than some athletes in a year.          

The Gold Caddies Earnings

A particular golfer rents a PGA Tour Caddy, usually during the golf season. You usually have a long relationship with the player as a friend or coach. Caddies can make various arrangements with a player regarding their salary. Most PGA Tour caddies make between $ 1,000 and $ 1,500 a week, but they also make a percentage of what the player makes in tournaments. 

Typically what this entails is that it equates to a 5 percent bonus of all results outside of the top 10. Players who enter the top 10 but do not win share 6-8% of their prize pool with their caddies. Winners can share up to 10 percent of the prize money with their caddy.           

A professional golf caddy typically makes just about $100,000, but not at every round.

Some golfers pay $ 5,000 a week to their caddies in 2020. Professional golfers pay a share of up to 5% of the price if they end up outside the top 10. Some golfers paid almost 7% attendance on caddies when they ended up in the top 10.    

Other income schemes for caddies could include not receiving a fixed salary and instead of winning 10 percent of all prizes golfers deserve. Alternatively, other caddies do receive a higher wage, but not part of the golfer’s earnings.   

The Functions of a tour caddy

Caddy carries golfers’ equipment and accessories during the tournament and practice. The carts also often advise golfers on weather conditions and which clubs to use in specific situations. They spend time exploring and studying the golf course to provide information during tournament play.     

Some caddies are hired to only work on a specific golf course or tournament, while others travel with their golfer to various tournaments throughout the year.

Time and education needs

Often, caddies work for about 30 weeks a year or less. They have almost 40 percent of the year to look for other jobs or enjoy their free time. Little to no education or experience is required to become a PGA Tour Caddy, which is why many caddies can get to work immediately after high school or college. The most important thing is to earn a reputation as an experienced caddy.      

Advantages of a caddy

There are many great benefits to being a Caddy besides salary. 

Caddies are often paid to travel to exotic locations and stay in five-star resorts. Some caddies receive disability and health benefits, although this is not standard.    

The prestige of a partnership with the USA’s leading golf organization is also a great advantage for many caddies. Caddy is often the first step into other golf jobs. 

The 20 Highest Paid Golf Caddies 2021 (PGA Tours)

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