
This year’s winning caddie at the Masters is set to take home $360,000, which is 10 percent of the prize money for first place.
With the total purse for the Masters receiving a boost this year to $20 million, $2m more than last year, the prize money for the winner has inflated to $3.6m.
While the exact amount professional caddies make varies, with every player/caddie agreement slightly different, it is generally accepted that loopers get a 10 percent cut of the prize money when their player wins a tournament.