The 2024 Masters Caddie Payout: How Much Caddies Make At The Masters

 

2024  Masters Caddie Payout
Credit: Tariq Mahmud Naim / Shutterstock.com

It’s the most anticipated week in all of golf, and all the beauty of Augusta National will be on full display. In this, the 90th anniversary of arguably the most prestigious tournament in all of Golf, anticipations are high to see who will claim the very elusive Green Jacket at the 2024 Masters. The top 50 players in the world, along with a few notables from LIV Golf, will be battling it out to add their names to the annals of history. The Green Jacket isn’t all that’s up for grabs here. The winner and top players, and caddies alike, will bring their A game to get their share of this year’s sizable purse.

The 2024 masters purse

The total purse at the 2024 Masters is is a whopping $20 million. This marks the largest pot at the historic event and follows along with astronomical payouts we've seen over the last 3 years. Compared to the 2023 Masters purse, that's a healthy 11% increase. This year's masters winner is expected to take home the usual18% of the prize money available to the players that make the cut, that's $3.6 million. For context, that's still 900,000 less than Scottie Scheffler took home at the 2024 Players Championship

How much does the winning caddie make at the Masters?

The winning caddie at the 2024 Masters is expected to take home $360,000. That amount is the standard 10% of the winner’s share and accounts for 28% of the $1.3 million prize money available to the caddies that made the cut over the weekend. Compared to 2023, that's a 11% bump.

How much do caddies make at The Masters?

The payout for the rest of the caddies in the field, will vary quite a bit, based on each player's performance. Here's the model most players and caddies agree to, based on what we've seen over the years:  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. Using this model, we've broken down how much each caddie is expected to take home based on how the players finish when the dust settles.

Here’s the payout breakdown on how much caddies will make at the 2024 Masters

** These payouts are still currently projections. Follow along to find out which caddie takes home the largest share of the pot at the Masters.

Finish	Payout	Caddie %	Caddie Payout
1st	$3,600,000	10%	$360,000
2nd	$2,160,000	7%	$151,200
3rd	$1,360,000	7%	$95,200
4th	$960,000	7%	$67,200
5th	$800,000	7%	$56,000
6th	$720,000	7%	$50,400
7th	$670,000	7%	$46,900
8th	$620,000	7%	$43,400
9th	$580,000	7%	$40,600
10th	$540,000	7%	$37,800
11th	$500,000	5%	$25,000
12th	$460,000	5%	$23,000
13th	$420,000	5%	$21,000
14th	$380,000	5%	$19,000
15th	$360,000	5%	$18,000
16th	$340,000	5%	$17,000
17th	$320,000	5%	$16,000
18th	$300,000	5%	$15,000
19th	$280,000	5%	$14,000
20th	$260,000	5%	$13,000
21st	$240,000	5%	$12,000
22nd	$224,000	5%	$11,200
23rd	$208,000	5%	$10,400
24th	$192,000	5%	$9,600
25th	$176,000	5%	$8,800
26th	$160,000	5%	$8,000
27th	$154,000	5%	$7,700
28th	$148,000	5%	$7,400
29th	$142,000	5%	$7,100
30th	$136,000	5%	$6,800
31st	$130,000	5%	$6,500
32nd	$124,000	5%	$6,200
33rd	$118,000	5%	$5,900
34th	$113,000	5%	$5,650
35th	$108,000	5%	$5,400
36th	$103,000	5%	$5,150
37th	$98,000	5%	$4,900
38th	$94,000	5%	$4,700
39th	$90,000	5%	$4,500
40th	$86,000	5%	$4,300
41st	$82,000	5%	$4,100
42nd	$78,000	5%	$3,900
43rd	$74,000	5%	$3,700
44th	$70,000	5%	$3,500
45th	$66,000	5%	$3,300
46th	$62,000	5%	$3,100
47th	$58,000	5%	$2,900
48th	$54,800	5%	$2,740
49th	$52,000	5%	$2,600
50th	$50,400	5%	$2,520