The Details Behind PGA Tour Caddie Compensation
Every Monday, I write a newsletter breaking down the business in golf. Welcome to the 58 new Perfect Putt members who have joined us since last Monday. Join 4,224 intelligent and curious golfers by subscribing below. Hey Golfers — Three PGA Tour Caddies made over $1 million in gross income last season — while several others were close to cashing seven-figure years. Here is a look at the top ten PGA Tour money list from last season and what their respective caddie earned in gross income. The chart above includes all money made on the PGA Tour last season and the FedEx Cup bonus. Other bonuses and tours were not included. Those figures assume a few variables — here is how we got there. $2,500 weekly base fee 10% for a win 7% for non-win The weekly base fee is a negotiable item between players and caddies — driven mainly by player rankings. Top 20 — $5,000+ weekly base Top 50 — $3,000 - $4,000 weekly base Top 100 — $2,000 - $3,000 weekly base Earning percentages are negotiable — although...