- The caddie of the Masters winner gets 10% of the total winnings.
- Caddies earn between $2,000 and $4,000 for working the Masters.
- A caddie will receive a lower share of prize money for a top-10 finish.
Caddies are an underrated factor when it comes to evaluating the PGA Tour betting markets.
The players with the shortest odds to win the Masters invariably have a great relationship with their caddie, ensuring smart choices are made on arguably the world’s most challenging golf course.
How Much Money Does the Caddie of Masters Winner Get?
The caddie of the Masters winner generally receives 10% of the prize money. In 2024, this meant Ted Scott, who caddied for Scottie Scheffler, received around $360,000 in prize money.
How Much Do Masters Caddies Make on Average?
Caddies earn between $2,000 and $4,000 for the Masters week. This can increase significantly depending on the prize money.
The standard agreement is that a caddie gets 10% of the prize money for winning the event, 7% for a top-10 finish, and 5% for any other prize money. Naturally, many caddies will negotiate slightly different deals depending on their experience.
