The 2023 Memorial Tournament Caddie Payout, Purse, and Prize Money

The Memorial Tournament by Workday
Credit: @memmorialgolf 


The Memorial Tournament, also known as Jack’s Tournament, has been a stop on the PGA Tour for over 47 years. It’s long been one of the main events, where we often see the top 50 in the world compete to secure a highly sought after trophy. This year, it’s one of the Tour’s designated events, which means the field is jam-packed with the biggest names in the game. In addition, this means that our players are competing for an elevated purse.

Total purse at the Memorial Tournament

The purse at the 2023 Memorial Tournament is $20 million. This, because of its designated status, is a momentous bump of 67% compared to last year’s $12 million pot. We can no doubt expect some drama to unfold as players play with a little extra to get their share of the record-setting purse. This year’s winner is Viktor Hovland. With this win, Hovland is awarded a very healthy $3.6 million. That’s a staggering $1.4 million more than Billy Horschel took home at the 2022 Memorial Tournament

How much does the winning caddie make at the 2023 Memorial Tournament?

The winning caddie at this year’s Memorial tournament is Shay Knight. With this win, Knight earns a $360,000 payday. That’s the usual 10% allocated to the caddie on the winning bag and is 67% more than Mark Fulcher took home last year as Billy Horschel’s caddie. For some perspective, though, Emilio Grillo’s caddie took home less than half TK's winnings, with $170,000 at the Charles Schwab challenge.

How much do caddies make at the 2023 Memorial Tournament?

Earnings for each caddie will vary depending on how they finish come Sunday. Using the traditional player-caddie agreements, we know that caddies make 5% of earnings if the player places outside the top 10, 7% if the player finishes within the top 10, and 10% if the player finishes in 1st place. This model has been used to project the payout for each caddie that makes the cut.

Here's the caddie payout breakdown at the 2023 Memorial Tournament

Pos

Player

To Par

Payout

Caddie

Caddie Rate

Caddie Payout

1

Viktor Hovland

-8

$3,600,000

Shay Knight

10%

$360,000

2

Denny McCarthy

-7

$2,180,000

Derek Smith

7%

$152,600

3

Scottie Scheffler

-6

$1,380,000

Ted Scott

7%

$96,600

T4

Andrew Putnam

-4

$800,000

Jordan Guilford

7%

$56,000

T4

Jordan Spieth

-4

$800,000

Michael Greller

7%

$56,000

T4

Rory McIlroy

-4

$800,000

Harry Diamond

7%

$56,000

T4

Si Woo Kim

-4

$800,000

Manuel Villegas

7%

$56,000

8

Adam Schenk

-3

$625,000

David Cooke

7%

$43,750

T9

Adam Scott

-2

$545,000

Steve Williams

7%

$38,150

T9

Rickie Fowler

-2

$545,000

Ricky Romano

7%

$38,150

T9

Matt Fitzpatrick

-2

$545,000

Billy Foster

7%

$38,150

T12

Tyrrell Hatton

-1

$410,000

Bo Martin

5%

$20,500

T12

Lee Hodges

-1

$410,000

Andrew Medley

5%

$20,500

T12

Wyndham Clark

-1

$410,000

John Ellis

5%

$20,500

T12

David Lipsky

-1

$410,000

Sam Haywood

5%

$20,500

T16

Luke List

E

$275,500

Ben Hayes

5%

$13,775

T16

Sam Burns

E

$275,500

Travid Perkins

5%

$13,775

T16

Shane Lowry

E

$275,500

Darren Reynolds

5%

$13,775

T16

Jon Rahm

E

$275,500

Adam Hayes

5%

$13,775

T16

Sepp Straka

E

$275,500

John Davenport

5%

$13,775

T16

Joseph Bramlett

E

$275,500

Kurtis Kowaluk

5%

$13,775

T16

Russell Henley

E

$275,500

Andrew Sanders

5%

$13,775

T16

Hideki Matsuyama

E

$275,500

Shota Hayafuji

5%

$13,775

T24

Byeong Hun An

+1

$163,000

Justin York

5%

$8,150

T24

Beau Hossler

+1

$163,000

David Pelekoudas

5%

$8,150

T24

Xander Schauffele

+1

$163,000

Austin Kaiser

5%

$8,150

T24

Eric Cole

+1

$163,000

Reed Cochran

5%

$8,150

T24

Gary Woodland

+1

$163,000

Brenna Little

5%

$8,150

T24

Stephan Jaeger

+1

$163,000

Brett Waldman

5%

$8,150

T30

Ryan Fox

+2

$117,250

Dean Smith

5%

$5,863

T30

Garrick Higgo

+2

$117,250

Tim Butler

5%

$5,863

T30

Austin Eckroat

+2

$117,250

Stone Coburn

5%

$5,863

T30

J.J. Spaun

+2

$117,250

Mark Carens

5%

$5,863

T30

Patrick Rodgers

+2

$117,250

Nick Cavendish-Pell

5%

$5,863

T30

Patrick Cantlay

+2

$117,250

Joe Lacava

5%

$5,863

T30

Keegan Bradley

+2

$117,250

Scott Vail

5%

$5,863

T30

Mark Hubbard

+2

$117,250

Kyle Peters

5%

$5,863

T38

J.T. Poston

+3

$91,000

Aaron Flener

5%

$4,550

T38

Luke Donald

+3

$91,000

Rafael Guerrero

5%

$4,550

T38

Christiaan Bezuidenhout

+3

$91,000

Johan Swanepoel

5%

$4,550

T41

Taylor Montgomery

+4

$71,000

Darren Woolard

5%

$3,550

T41

Seamus Power

+4

$71,000

Simon Keelan

5%

$3,550

T41

Brandt Snedeker

+4

$71,000

Scott Sajtinac

5%

$3,550

T41

Sam Stevens

+4

$71,000

Will Dennis

5%

$3,550

T41

S.H. Kim

+4

$71,000

Robert Brown

5%

$3,550

T41

Justin Suh

+4

$71,000

Ryan Jamison

5%

$3,550

T41

Sungjae Im

+4

$71,000

Lance Bennett

5%

$3,550

T48

Thomas Detry

+5

$52,600

Lee Warne

5%

$2,630

T48

Matt Wallace

+5

$52,600

Samuel Bernard

5%

$2,630

T48

Emiliano Grillo

+5

$52,600

James Baker

5%

$2,630

T48

Keith Mitchell

+5

$52,600

John Limanti

5%

$2,630

T52

Harris English

+6

$48,600

Larson

5%

$2,430

T52

Alex Noren

+6

$48,600

Kyle Morrison

5%

$2,430

T54

Davis Riley

+7

$47,200

James Edmondson

5%

$2,360

T54

Danny Willett

+7

$47,200

Michael Burrow

5%

$2,360

T56

Davis Thompson

+8

$46,400

Dean Emerson

5%

$2,320

T56

Sam Ryder

+8

$46,400

Brent Everson

5%

$2,320

T58

Sahith Theegala

+9

$45,600

Carl Smith

5%

$2,280

T58

Chez Reavie

+9

$45,600

Brady Stockton

5%

$2,280

T60

Stewart Cink

+10

$44,800

Lisa Cink

5%

$2,240

T60

Taylor Pendrith

+10

$44,800

Mitchell Theoret

5%

$2,240

62

Matt Kuchar

+11

$44,200

#N/A

5%

$2,210

63

Sam Bennett

+12

$43,800

Taylor Ford

5%

$2,190

64

Lanto Griffin

+13

$43,400

Derek Kistler

5%

$2,170

65

Tom Hoge

+17

$43,000

Henry Diana

5%

$2,150

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