How much do winning caddies make for 2024 PGA Championship? Huge payday for four days’ work at Valhalla revealed
It's all to play for at the 2024 PGA Championship.
Just three shots separate the top eight players heading into Sunday's final round at Valhalla.
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American duo Xander Schauffele and Collin Morikawa hold a tie for the lead at 15-under par while Sahith Theegala, Viktor Hovland, Bryson DeChambeau, Shane Lowry, Justin Rose and Robert MacIntyre make up the chasing pack.
Whoever lifts the Wanamaker Trophy in Louisville, Kentucky this weekend will be in for a major payday - but so too will the winning caddie.
In fact, the winning caddie at the PGA Championship is set to earn an eye-popping six-figure sum for their work on the bag this week.
How much do winning caddies make at the 2024 PGA Championship?
The average weekly wage of a PGA Tour caddie is between $1,500-$4,000.
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That sum is largely determined by how experienced they are and who they're caddying for.
However, being a caddie is expensive business as they have to cover all of their own expenses - including airfare, hotels, rental car, and food.
But caddies can make that back and more by negotiating a deal with golfers to be paid a percentage of their winnings after the tournament ends.
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This isn't written in stone and is up to the individual caddie to negotiate with the player.
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But the general rule is that they receive 10 percent of the prize money if their player wins a major tournament, 7 percent for a top-10 finish and five percent for everything else.
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If the winning player is feeling particularly generous and gives his right-hand man the full 10 percent of his tournament earnings ($3.33 million), the caddie will leave Valhalla this weekend with a cool $333,000 paycheck.
Not bad for four day's work.
Total prize money and winner's check at Valhalla
The total prize money at the PGA Championship this year is $18.5 million - up 5.7 percent or $1million from 2023.
The PGA offers half a million dollars more than The Masters but is still some way short of the US Open, which put up $20m last year.
First place at this year's PGA Championship will receive $3.33m, an increase of $180,000 from last year when Brooks Koepka claimed $3.15m.
Second place at Valhalla will scoop $1.99m while third will receive $1.26m.
The huge sums involved show how far golf has come in recent years.
For comparison, when Tiger Woods won his second title in this event in 2000, the field was playing for a split of only $5m.
Woods took home $900,000 of that for winning, showing the difference in prize compared to the present day.
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