In most cases, caddies will agree upon a base weekly wage with their player (usually approximately $1,500) and then receive a percentage of any profits, typically 5%.
The cut increases to 7% for players who place in the top 10, and the caddie can earn 10% of the golfer’s winnings if they win the entire competition.
Why are golf caddies paid so much?
Although it might seem like a fantastic deal, caddies are also responsible for covering all of their own costs, including all meals, lodging, car rentals, and transport (although the best players may also take their caddies with them on their private jets if need be).
Look at Steve Williams, the former caddy of Tiger Woods.
Even though he had previously been a successful caddy for well-known figures like Greg Norman and Raymond Floyd, the New Zealander’s success really took off when he partnered with Tiger in 1999.
The Kiwi assisted Woods in winning 64 PGA Tour victories, including 13 majors, while working for him up until 2011.
Williams earned an estimated $12 million for his work during Woods’ winning streak, which saw him take home over $90 million in prize money.
Who is the highest paid gold caddie in 2022?
For Scottie Scheffler, the most successful golfer on the 2022 PGA circuit, Ted Scott is carrying out his responsibilities. On the 2022 tour, he has won 4 matches.
Ted Scott has thus also profited greatly from the events.
He received the $147,600, $216,000, $210,000, and $270,000 caddie share.
He is currently making $843,600 in caddy share on top of his $135k base wage, making him the highest paid caddie on the 2022 PGA Tour.
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