How much do LIV caddies make?
How much do LIV caddies make?
By Indra Gunawan April 11, 2024 13:52
LIV golf has been making headlines in the golf world, not just for its high-profile players and large purses, but also for the substantial earnings of the caddies who assist these players.
The earning potential for LIV caddies is significant, and it's fascinating to explore the details of how much these caddies can make.
The Lucrative World of LIV Golf
LIV Golf, also known as the LIV Golf Invitational Series, has been making waves in the golfing community due to the massive prize money it offers. T
his has not only impacted the players but also the caddies who stand to earn substantial amounts from their players' victories.
The format of LIV golf allows caddies to earn a percentage of their player's winnings, which can amount to significant figures.
Earnings Calculation
The earnings of a winning caddie are directly tied to the winnings of their player. For example, a winning caddie on the LIV series can earn as much in one week as in a standard season.
The percentage of the prize money earned by the caddie is a significant factor and is determined based on the finishing position of the player in the tournament. The following are the estimated earnings for LIV caddies according to their player's finishing position:
- 1st place: $400,000
- 2nd place: $148,750
- 3rd place: $105,000
- 4th place: $73,500
- 5th place: $68,250
- 6th place: $56,000
- 7th place: $47,250
- 8th place: $43,750
- 9th place: $40,600
- 10th place: $39,200
Impact on Caddie Earnings
The impact of LIV golf on caddie earnings is significant. For instance, the average prize money for the season has been listed at $1,621,221, which signifies the potential for caddies to earn substantial amounts in a short period.
This is evident from the fact that the prize money for the current world No. 1, Scottie Scheffler, who earned just over $14 million in 2022, would result in a caddie's earnings being less than three times the amount earned at each LIV event.
Comparison with Traditional Tournaments
The earnings potential for caddies in LIV golf presents a stark contrast to traditional golf tournaments.
The substantial prize money offered in LIV golf significantly elevates the earnings of caddies compared to standard tournaments.
The ability to earn a percentage of the prize money won by the player in a single week at LIV events is a major driving force behind the interest and enthusiasm of caddies for LIV golf.
Impact on Caddie Preferences
The allure of working in LIV golf is evident from the statements of caddies expressing their willingness to transition to LIV in a heartbeat.
The prospect of working less and earning a substantial amount of money has garnered significant attention and interest from caddies across various golf tours.
All in all, the emergence of LIV golf has not only transformed the landscape for professional golf players but has also significantly impacted the earnings potential for caddies.
The substantial prize money offered in LIV golf has led to caddies being able to earn remarkable amounts in a short period, with the potential to outstrip their earnings from traditional tournaments.
This shift has not only attracted the attention of caddies but has also prompted them to consider the lucrative opportunities presented by LIV golf.
The earnings of LIV caddies are substantial, and the format of LIV golf has brought about a significant shift in the potential earnings for caddies, making it an enticing prospect for professionals in the field.