by Bill Winters
There's no doubt that Tiger Woods is one of the greatest golfers of all time. And, his caddie, Steve Williams, has been with him for a large part of his career. So what's the scoop on their salaries? Just how much does Steve Williams make compared to Tiger Woods? Read on to find out!
Following are the list of Tiger Woods caddies:
Mike "Fluff" Cowan (1991-1993)
Bobby Knight (1994-1996)
Tommy Aaron (1997-1999)
Casey Martin (2000-2002)
Steve Williams (2003-2011)
Brad Faxon (2012)
Joe LaCava (2011-present)
It is possible to make a good living caddying for the world's best golfers. Ask Woods' caddy, Joe LaCava to verify. Considering that Woods made $5.4 million on the PGA Tour in 2018, projecting LaCava's earnings is quite easy based on the current market pricing. On top of the money he got from weekly pay, the caddy most likely made between $272,192 and $544,384 for the year in question.
A brain surgeon has an average income of $395,225, which puts LaCava in the same pay range as that specialty.
LaCava's payment is also comparable to that of other highly compensated professions, such as anesthesiologists, who earn a mean annual salary of $267,020, and obstetricians/gynecologists, who earn a mean annual salary of approximately $238,320. LaCava's yearly pay of $400,000 is likewise comparable to, if not more than, the president's salary of $400,000.
Although Mike "Fluff" Cowan's salary as Tiger Woods caddie is not made public, it is estimated that he makes at least $50,000 per year. This amount may seem small in comparison to the money Tiger Woods earns, but it is a fair wage for someone who has been instrumental in helping Woods win numerous tournaments.
Cowan first started caddying for Woods in 1997, and the two have since won 13 major tournaments together. Cowan is a well-respected figure in the golfing world, and his knowledge of the game has helped Tiger Woods maintain his status as one of the best players on the planet. Despite their recent slump, there is no doubt that Woods and Cowan will continue to be a force to be reckoned with on the golf course.
Bobby Knight was paid a salary of $100,000 when he worked as Tiger Woods' caddie in 2000. That year, Tiger won three tournaments and earned over $900,000 in winnings. Bobby's salary represented just 11% of Tiger's total earnings for the year. In contrast, Steve Williams, who later became Tiger's caddie, was paid a salary of $200,000 in 2000. Williams earned a total of $900,000 from his work with Tiger that year, making him the highest-paid caddie in professional golf. Bobby Knight has worked as a caddie for several other high-profile golfers over the years, including Phil Mickelson and Vijay Singh. In total, Knight has earned over $500,000 from his work as a caddie. He currently works as a commentator for ESPN's coverage of professional golf tournaments.
Tommy Aaron, who is now a PGA Tour Champions player and instructor, was Tiger Woods' caddie from 1996 to 1999. According to ESPN's "The Body Issue" in 2013, Aaron made $40,000 per year as Woods' caddie. That's roughly equivalent to $60,000 today when adjusted for inflation. Aaron also won three tournaments as Woods' caddie, including the 1997 PGA Championship. In addition to his salary, Aaron also received a $100,000 bonus for winning the 1997 PGA Championship. That's in addition to the $540,000 he earned from that tournament itself. Altogether, Aaron made just over $700,000 during his three years as Woods' caddie. Not bad for a part-time job!
Casey Martin was paid a salary of $250 per week when he was Tiger Woods' caddie. He also received a bonus for each victory, which averaged about $2000. In total, Casey earned about $60,000 during his time as Tiger's caddie. This amount does not include any winnings that Tiger may have given to Casey as a gift.
Steve Williams is a New Zealand-born professional golf caddie. He began his career as a caddy in the United States. Steve Williams amassed his fortune as the caddy for a number of professional golfers, the most notable of which being Tiger Woods. Steve was the official club carrier for Tiger Woods from 1999 to 2011, a time during which Tiger was routinely the world's best golfer. Steve has also handled clubs for a number of professional golfers, including Peter Thomson, Jason Day, and Adam Scott. It is said his net worth is about $20 million.
He was born on December 29th 1963, in the New Zealand capital of Wellington. When he was 6 years old, he started caddying and by the time he was 10 he was caddying 36 holes on both Saturday and Sunday. During the week, he would go out and practice golf, but he finally discovered that he preferred caddying over playing.
From 1982 until 1989, Steve worked as a caddy for Greg Norman. From 1989 until 1999, he caddied for Raymond Floyd, who was his boss at the time.
During the 1999 golf season, Tiger Woods recruited Steve to be his caddy. Tiger and Steve would go on to collaborate for the next 15 years, from 1999 to 2011. During a time in which Tiger was out with an injury, Steve caddied for a number of other players. Tiger had first given his go ahead, but later had a second thought about it, according to reports. On the 20th of July, 2011, Tiger notified Steve that he was taking a different course. Steve would subsequently declare that they would never talk to each other ever again.
The majority of caddies get a normal pay of 5 percent of whatever the athlete earns while competing in tournaments, in addition to a weekly income. Steve Williams got a share of 15% of Tiger's tournament winnings during his time with the golfer. Steve Williams made much more than the majority of professional tournament players over the majority of Tiger Woods' career. In 2007, he made $1.4 million in commissions alone, placing him in the top 75 earners in the Professional Golfers Association (PGA). Williams also made money through sponsorships and gifts from Tiger Woods, among other sources.
Steve also earned about $12 million in incentives and salary alone during his tenure as a caddy for Tiger Woods throughout his caddying career. Tiger is also said to have given Steve a total of ten cars that he had won in competitions.
Every one of us has heard someone refer to golf as a "rich man's sport" at some time in our lives. It is mostly due to the expenses that one incurs when participating in golf activities.
The sum paid to the caddy is one of these expenses. Caddies are an essential part of the golfing experience. They cater to the demands of golfers and provide assistance to them.
Caddies are in charge of transporting the player's golf equipment as well as keeping track of the score. They also maintain the cleanliness of the clubs and equipment.
Aside from that, they will be required to have a thorough understanding of the sport. Caddies are essential for all golfers because they provide invaluable assistance to the player.
When you consider how much money these important caddies earn, do you get intrigued? You'll want to be prepared to know the answer to the following question: How much do golf caddies make?
In most cases, caddy compensation is not revealed; nevertheless, we may use historical statistics to estimate how much money Tiger Woods' bag man Joe LaCava earns on a regular basis. According to Golfweek, a caddy receives between five and ten percent of a player's earnings in addition to his or her regular income.
Steve Williams, Woods' former caddy, was said to earn more over $1 million per year while Woods was at the top of his abilities. In 2018, Woods earned a total of $5.4 million from his PGA Tour earnings. According to the current market pricing, LaCava received incentives ranging from $272,192 to $544,384 on Woods' profits last year. According to Golf Week, caddies earn between $1,800 and $2,000 a week in salary when working at a golf event.
Being a caddie for one of the world's best golfers provides a little more financial security, but the vast majority of caddies experience a great deal of financial instability. According to Golfweek, most caddies pay their own travel fees and might suffer a significant financial blow if their golfer is having financial difficulties.
Few caddies on the PGA Tour now earn seven figures in a single season, due to incentives and a share of the large prize purses awarded to the competitors. They may also go for weeks on end without making a profit after all of their costs.
Caddie compensation is one of the most often asked issues in the golf industry, and the quantity and method of compensation are two of the most frequently requested questions. Although the answer is complex, there are certain broad criteria that most player-caddie partnerships adhere to in some form or another.
By most estimates, caddies on the PGA Tour earn an average weekly basic salary of $1,800 to $2,000 per week, depending on their experience. When it comes to the LPGA, it's closer to $1,200. The bulk of those money are used to pay travel expenditures, which are usually never covered by other sources of income other from the weekly salary.
The responsibilities of a Tiger Woods caddy include carrying the player's bag, providing yardage and club selection advice, and helping to keep the player on track.
Tiger Woods caddies are typically paid $500-$600 per day. However, this can vary depending on your experience and skills.
If you're a casual golfer, a caddy may just be someone who holds your clubs and provides you with a few course recommendations in exchange for a tip. A caddy is often considerably more than this at the professional level.
A caddy is typically seen as a valuable component of a professional golfer's squad, since he arrives at a tournament before the golfer in order to get acquainted with the course and map out the topography for the player's use in a yardage book. The caddy of a successful professional golfer will be compensated with a salary as well as a share of the players' profits.
Caddie's Take-Home Pay
Caddies for professional golfers often receive 5 percent to 10 percent of the players' wins, in addition to whatever pay they are given for their services.
According to former PGA Tour caddy Alfred "Rabbit" Dyer, caddies may make up to $2,000 per week, although "Forbes" magazine estimates that PGA Tour caddies normally earn approximately $1,000 per week on the course. Steve Williams, who was caddying for Tiger Woods at the time, earned $1.27 million in 2006, according to a 2007 story in Golf magazine.
The proportion of a golfer's earnings that is paid to the caddy may be determined by how well the golfer performs on the course. The "Sydney Morning Herald" reported in 2003 that the caddie's typical cut was 10 percent for winning a PGA Tour tournament, 8 percent for finishing in second through tenth place, and around 6 percent for any other result at that time. The percentages were 10 percent for a win, 7 percent for each other top-10 result other than a victory, and 5 percent if the golfer is placed 11th or worse in a 2007 article published by "Forbes." There are no prizes for players who do not make the cut in a tournament, which accounts for around half of the field. As a result, there is nothing to divide with the caddy.
Caddies are responsible for their own travel expenditures, according to Dennis Cone, who was president of the Professional Caddies Association in 2007 and spoke to "Forbes" at the time. Despite the fact that some caddies fly with their players on private aircraft and stay with them in leased residences, according to the "Morning Herald," Cone calculated that 25 percent of a normal caddie's compensation went toward travel and accommodation expenditures.
Apart from carrying clubs, caddies for professional golfers must be aware of how far a player is from the green from whatever point on the course they are standing on.
Caddies commonly provide recommendations to players, such as which club to use or how a putt will break. A caddy may also serve as a "part coach, part psychotherapist" for a tour player, according to the "Morning Herald" newspaper.
About Bill Winters
Those who have not yet tried the sport just can’t imagine what is driving these golfers to brave the sun’s heat and go around a course bigger than several football fields combined. It seems like an awful lot of work considering that the ball is quite small that is must be hard to hit, the ground of the course is not flat and, most annoying of all, there are sand traps lying around seemingly bent on preventing a player from finishing the course.
The game of golf may seem like an awful lot to take on when one considers that the ball is quite small, must be hard to hit and carry through windy conditions with little chance for error. The ground course has hillsides which make it challenging enough without adding sand traps who seem bent on preventing players from completing their round!