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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