Have a look at the the payout of the winner caddie at The Masters Golf 2024
Golf enthusiasts usually leisurely enjoy watching impressive drives and deft puts as it is a notably low-stress pastime compared to other sports. Yet their a question that lingers in fans mind that is How much do the caddies earn?
For the unfamiliar, Caddies are those who simply accompany the golfers for days on end and meticulously advised every aspect. However their compensation remains a mystery.
The Masters Golf 2024 caddie salary and payout
At the first glance, Caddies may seem like someone who are merely carriers of the club, providing a bit of maintenance and exercise. However, in reality they offer much more. Caddies bring valuable insights and course knowledge with their deciphering techniques and accurately communicating distances.
Max Homa is now tied for third in The Masters. You absolutely LOVE to see it. pic.twitter.com/CH3VGs7IWf
— Fore Play (@ForePlayPod) April 12, 2024
They aren’t just passengers but indispensable allies for golfers. Which is everyone seemed to be curious about the salary details of Caddies. Here in this article we will provide you all the details that one needs to know.
What is The Typical Pay for The Masters Caddies?
For those curious, as per several reports, the most Caddies earn between $1,500 to $3,000 per tournament. Apart from their base pay, caddies also strike individual deals with golfers, which usually entails a percentage of their winning amount.
Although there are standard guidelines for these arrangements, however, the actual compensation varies depending on the agreement between a golfer and a caddie.
Generally, it is estimated that the percentage received by a caddie is between 5 and 10 percent of a golfer’s earning from a certain event. Unlike other sports where pay is often fixed, gold rewards are directly linked to the performance of a golfer, which is the result that every caddie receive different amount.
The caddie of the Master’s winner will get 10% of the prize money. Jon Rahm won the Masters’ last year and got $3.24 million while the caddie for the runner up at the Masters will get 7% of that player’s prize winnings; every caddie after that will get 5%.
Previously, in 2021, ESPN analyst Michael Collins, who is also widely known as a former caddie, revealed that “Caddies receive a consistent weekly paycheck as they’re responsible for covering all their own expenses: airfare, accommodation, rental car, meals—all of it falls on the caddie.”
Collins further explained “In addition to their base pay, they typically receive a percentage of the player’s winnings if they make the cut.”
For the unversed, as per reports, in 2023 Scottie Scheffler’s caddie Ted Scott had earned close to $1 million even before Scheffler’s victory at the 2022 Masters. Acknowledging earning of Scottie Scheffler which was over $11.6 million, it is evident that 5 to 10 percent commission rate for Caddies can be quite lucrative.
For curious fans, in 2024, the champion’s prize money is anticipated to unchanged, promising a substantial payday for the victorious one. With such substantial potential earnings, it is highly likely that many aspiring caddies are now eyeing a career on the greens alongside professional golfers.
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