How Much Do Caddies Earn At The Masters? Prize Money Explained

The Masters Tournament is underway at Augusta National, and golf fans are curious about how much caddies make during the prestigious event. With the final round approaching on Sunday, April 13, 2026, searches for caddy earnings have spiked as viewers watch players and their trusted loopers navigate the iconic course.

Caddies at the Masters typically earn a base weekly fee ranging from $1,500 to $3,000, plus a percentage of their player's winnings. The standard payout is 5–10% for a win, 7% for a top-10 finish, and 10% for a missed cut—a unique structure compensating for lost opportunities. Last year, the winning caddy took home around $270,000 from Scottie Scheffler's $3.24 million prize.

This year's purse is $20 million, with the winner earning $3.6 million. A victory would net their caddy approximately $360,000 before bonuses. Veteran caddies like Ted Scott (Scheffler) and John Wood (Min Woo Lee) could see life-changing paydays if their players contend.

The topic is trending as fans witness the player-caddy dynamic under pressure, especially after emotional moments like Tiger Woods' longtime caddy Joe LaCava celebrating past wins. Caddies also receive lodging, meals, and sometimes endorsement deals, making the Masters one of the most lucrative weeks in golf.

Augusta National doesn't release official caddy pay data, but insiders confirm earnings have risen with ballooning purses. For context, the 2000 Masters winner's caddy earned just $144,000 from a $1 million prize—highlighting the sport's financial growth. This year's payout will be confirmed after Sunday's final round.