This applies to only the players travel. PGA pro golf players earn money in every tournament that they make the cut. Expenditure is usually 10% to 20% of contracts, appearances and outings. The table also shows the highest and lowest per-year golfer money in those years. Off the course, he managed to pocket an additional $16 million (which included a large appearance fee for playing in Saudi Arabia). They also make about 25% as much as male pro golfers on the course. As of 2023, Lexi Thompson's net worth is $100,000 - $1M. Lexi Thompson is one female golfer who apart from playing golf earns from endorsing products. Average state/foreign income tax: $15,740 (5%) And by "meeting" I mean "almost ran her over getting into an elevator while she got off.". The most recent data I read were Se Ri Pak made 3.0 billion won ($2.7 million) in endorsement before her retirement and Lydia Ko signed a $10.0 million contract (5 year) with PXG. (PGA) Male golfers in the PGA typically make $703,000 per year. > > > > I know it varies but lets say for sake of conversation a really high end player and a girl who fights to keep her card . It remains unclear if equipment makers will continue to support players headed to the new Saudi Arabia-backed tour. Exactly half of the players on the money list earned above that figure, with Australian Katherine Kirk the last in that top group, earning $143.655. Throughout her career, she has earned about $20 million in tournament money, which is about 60 percent more than any other LPGA golfer, according to Forbes. > I don't know. Before the 2009 infidelity scandal hit home, Tiger Woods was on track to become the first athlete to make $1 Billion USD. Although details of the deal were not disclosed, Forbes noted that Titleist's standard minimum for a PGA Tour player is $150,000. I heard that most of them stay at the lower cost hotels and private residences. Housing: Lots, if not most places, players stay in private homes for free. Even though she initially earned most of her money from endorsements, Lexis golf career isnt doing badly at $13 million net worth. The women purses in Tennis are kinda "smoke and mirrors" though, the 1000 level events and Majors (slams) are co-sanctioned and played beside the men, the women purses benefit from this. The WNBA generates roughly $25 million. The table takes into account money from all sources, including official PGA money, earnings from non-PGA events like international tours and endorsement pay. . > I believe I hit Stone Brewing, and Bagby Beer Co. For this exercise, Golfweek talked to several players and agents on both the LPGA and PGA Tour to create composite players who are ranked 50th on their respective tours. In the $70 billion golf industry, salaries can make your head spin. The top 10 players in scoring average on the LPGA Tour are shooting a 69.76 per round and the top 10 in birdie average are making 4.36 per round. I think it's circumstance that helps make the money, like being the top American or Korean player gets you a nice pay day. The world's ten highest-paid female athletes earned a combined $167 million before taxes in 2021, according to Forbes estimates, a 23% increase over 2020 and a 16% jump from the prior record of. Since that time, male golfer money has gone up by 40% while female golfer money has remained unchanged. Salaries also vary with tournament and country. Nearly every major country has a major soccer league, while others have more. The 100th ranked LPGA player only earns about $100k in a year. Brooke Henderson's Net Worth 2023 - Wiki, Bio, Boyfriend, LPGA, Sister, Caddie, House, Golf Career, Interesting Facts Born in Smith Falls, Ontario, Brooke Henderson is a Canadian professional golfer with a 2023 net worth of $4 million. Ping Glide 4.0 52-12 S, 56-10 Eye2, and 60-10 S Orange Dot (2 Deg Flat) - Ping Z-Z115 Wedge Mitchel also signed endorsement deals with Callaway earning her more income. The table below shows how much money pro golfers make. He received a presidential award from Muhlenberg College for academic and community achievements, in addition to a bachelor's degree in psychology and business. The famous golf player also makes money from sponsorships. Anika Sorenstam is currently the highest-earning LPGA player. Ping G425 Max Driver 12 (0 Flat) - Aldila Ascent Red 50 Stiff (46") All . But that wasnt good enough for her. For an LPGA or Champions Tour player, that figure is often reduced. Decent hotel. CUTS-MADE AND BONUS PLANS Under the PGA Tour's cuts-made plan, a player must make 75 cuts to be 50-percent vested and is fully vested at 150 cuts, according to multiple players. The average on-course earning for an LPGA professional in 2021 was just under $142,000. I'm all for free markets, and these talented people are entitled to every penny they can get. Compare that to $508,000 for the men. Brooke Henderson is reported to have the net worth of $4 million at current. As a 16-year old, Brooke managed to finish in a tie for tenth at the 2014 US Womens Open, seven shots behind eventual champion Michelle Wie. Major League Soccer (MLS) earns an average of $472,008 per season in guaranteed compensation. B). Plus, manydoctors make about as much money as the typical pro golfer, and they seem to golf a lot too. Henderson has been making the annual earnings of around $1 million since turning professional in 2014. If you watch a stand alone women event the stands are pretty much a ghost town. If you watch a stand alone women event the stands are pretty much a ghost town. Ah, and no, I wasn't stalking the players. > Not trying to be facetious, but are standalone male events any better with respect to attendance? As mentioned above, the average earnings are estimated at $1,485,055 per player, and according to the list, the top 85 golf players earned more than this average amount in the 2020/2021 season. She also has a great smile and seems friendly. Lol. Professional golfers get paid when they agree to show up and play for a tournament. It makes a lot more sense that average pro golfer salary because averages get skewed by the highest earners. $54 million of that came from endorsements. Brooke Mackenzie Henderson was born on September 10, 1997, in Smith Falls, Ontario. Over 66 million people play golf globally. Thats about 1/7th of median male golfer pay. Average federal income tax: $84,996 (27%) Drivers used by PGA Tour pros ranked in the top 10 in Strokes Gained: Off the Tee, LPGA: HSBC Women's Champions celebrates 15 years of star-studded champions, Jessica Korda turns 30 and Brooke Henderson reunites with lost luggage, Three sleeper picks to win the 2023 Arnold Palmer Invitational, including Tommy Fleetwood at 80/1, Best golf drivers for 2023 for every handicap and playing style, Your California Privacy Rights/Privacy Policy. But recently another report regarding to caddies earnings revealed that explain the benefits and endorsement bonus money. Where Do Pro Golfers Stay During Tournaments? The top 10 in scoring on the PGA Tour are firing a . Injuries and endorsement losses sank Woods to number 3, behind Jordan Spieth at $52.8 million and Phil Mickelson at $50.8 million in total golf earnings. Players; Award Winners; Hall of Fame; ROLEX FIRST TIME WINNERS; ROLEX ANNIKA MAJOR AWARD; . Lexi Thompson is listed among the top 10 highly paid lady golfers by the LPGA. The winner will take home a $1 million check for the first time. 'Good location. PXG Blackjack 36" - SuperStroker Flatso 2.0. Food: Generally provided at tournament site, but dinners/drinks out @$50 per night x 20 events x 5 nights: $5000. Henderson has participated in one victorious tournament this season so far. What do you all think they are earning in sponsorship money?? Brooks Koepka topped the 2019 PGA Tour money list, earning $9,684,006 over 21 events with three wins. This can be cheaper if players share a hotel room or use host housing available at some tournaments. For most jobs this is great, but being on the LPGA Tour you'll have to consider all the expenses. In 2019 the U.S. Womens Open had a purse of $5.5 million, $500,000 increase from last year. That means half of all full membership pro golfers make more than $703,000 and half make less. Again, people are free to choose but it is also kind of strange how much money people shell out to go see a game, and at the same time there are so many articles about how real wages are stagnant, budgets are stretched, not enough savings, etc, etc (of course, a lot of the sports revenues are TV related and the super expensive tickets are usually related to businesses). Out of the top-8, six have salaries that completely dwarf their endorsements. "The LPGA has made a huge change in the public's eye," said Creamer, No. This's a subject I know a little be; I followed Maria Sharapova closely when she's the highest paid female athlete for 11 years from 2005 to 2015, I started to follow In Gee Chun in 2015 after she won US Women's Open; I thought she'd become the highest paid female golfer. If they had to pay for their own equipment, hotels and accommodation their annual expenditure would be over that amount. Included in her 2015 portfolio were tied for fifth finishes at the Womens PGA Championship and US Womens Open. All guesses really. Related: How Pro Golf Players Get Paid (Is It All About The Cut?). Even though she had committed to the University of Florida. If they had to pay for their own equipment, hotels and accommodation their annual expenditure would be over that amount. What do you all think they are earning in sponsorship money?? Exactly. I assume that many of the lower ranked players that have deals are simply getting free stuff, i.e. Paste as plain text instead, Highest-Paid Players. This means more earnings for the players who win the most tournaments. Breakfast and lunches are typically provided at tournament courses. The average earnings for the PGA Tour Championship 2021 were $1,485,055 per player, breaking the record set in 2018 when this total was set at $1,329,295. Apr 12. But earnings can vary wildly from course to course and golfer to golfer. That means half of all full membership pro golfers make more than $703,000 and half make less. Total taxes: $124,559. At the time, his Nike endorsements equaled the biggest endorsement deal for a pro athlete, and Tiger was one of the most endorsed athletes in the world. That's still not necessarily bad news for many players, though. Tax variables include if a player has an LLC, if he or she files as a single or joint and in what countries and states the player made money. Any any of the Asian stars with "clean" apparel [ie one or two sponsor logo] making a little less than that? A professional golfer is somebody who receives payments or financial rewards in the sport of golf that are directly related to their skill or reputation. Back then, men made about five times more than women. Want to make a lot of money but cant decide which pro sport to get into? Find the secret to improving your game FASTER, Copyright 2018 | Epic View Media LLC | GolfPracticeGuides.com | All Rights Reserved |, How Much Do Women Golfers Make? The highest paid LPGA golfer is Lydia Ko with $2.8 million. I know it varies but lets say for sake of conversation a really high end player and a girl who fights to keep her card . The professional players and top-earners also benefit from sponsorship contracts and lucrative merchandising. > > > https://www.forbes.com/sites/unicefusa/2018/12/20/impact-investing-and-unicef-a-unicef-usa-bridge-fund-success-story/#13acc23f7295. Lets say the fee is $68,700 plus $7,500 for overseas flights. The women know how to travel light. The top ten players have an average of $1,320,900 having played in a minimum of 20 tournaments. Theyll help lower your golf scores. Participants who are amateur will get a reimbursement for expenses incurred during championship week travel. This graph depicts the top 10 professional golf players with the most money earned on the PGA tour in the 2022 season. > > > > https://www.forbes.com/sites/kurtbadenhausen/2018/08/21/the-highest-paid-female-athletes-2018/#6cd0ae1b405f. One of Rory McIlroy's major endorsement deals is with a luxury hotel operator. 50, Jordan Smith, taking in 735,094 euros compared to Azahara Munoz at 31,227 euros on the LET? But some of the lower ranked players do probably use a local caddy or even a parent or family member if they can't afford a caddy who is with them all the time. MoneyPlayer33, March 27, 2019 in LPGA/Ladies golf talk. Now, the Scottsdale, Arizona-based company is hopeful of making a big splash in 2016 by signing an additional eight players, men and women, to staff contracts at PXG. However, she was denied, forcing her to play in Monday Qualifiers or rely on a Sponsors Exemption to gain entry into LPGA Tournaments. Or hop onto ouremail newsletterand get the free weekly golf tips we send out to our community plus updates and other announcements you dont want to miss! > > > In recent years none of the female golfers have made to Forbes list. Of course, pro golfers still need to pay caddies, coaches, hotel, and travel from their earnings, but Id swap my job for theirs any day! Here are your options. What is the Most Expensive Fish You Can Eat? The FedExCup is a season-long competition which culminates with the FedExCup playoffs, a series of three events to determine the FedExCup Champion.. Half of them look like walking billboards with sponsors all over them . See What Members Are Saying! Angelique Kerber was the last on 2018 list with $7.0 million. Thats way up from $12,000 a year in 1980 and its set to go up even more. For the non-stars, I was under the impression deals meant free stuff and possibly per tournament amounts that basically helped cover expenses. Travel , caddies , coaches etc . Her consistent form saw her surpass $1 million in season earnings for the third consecutive year. > This's a subject I know a little be; I followed Maria Sharapova closely when she's the highest paid female athlete for 11 years from 2005 to 2015, I started to follow In Gee Chun in 2015 after she won US Women's Open; I thought she'd become the highest paid female golfer. Top federal rate is 37%. The 250 level not so much but they put them in the right places to get people, 500 level are pretty good. He may have only earned about 1/4 of the on-course money made by Jordan Spieth, but Woods makes up for it in endorsements. Most of the top 250 players will have some endorsement deal agreed, as big companies dont mind investing money in the future players to watch and the ones playing regularly on our TV screens. Henderson started swinging a golf club at the age of 3 because she wanted to play with her dad and sister. The chances of getting into a top sports league is worse than the odds of getting struck by lightning. I'm a pretty big Tennis guy also and just having seen a Canadian teen win a Master 1000 (level just below a Major), she got 1.3 Mil for the win, so prizes are much bigger. Still, I would have thought someone like Lydia could attract more global, luxury brands. Indeed, the Spaniard earned $267,581 on that Tour during 2020/21 (for the record, the average was $355,460). The professional players and top-earners also benefit from sponsorship contracts and lucrative merchandising. Sorenstam made $3.9 million as the top such earner in women's golf. Learn more >. Annual average (at 7 percent): b$140,000. LPGA earnings collected from LPGA Statistics - Career Money. Her estimated net worth is $8 million. Salaries According to the most recent LPGA money list, the median income for all players is $141,428. 3. Most have endorsement deals and make money from other sources they can use to pay a caddy salary beyond the winnings. > By "high six figures" do you mean $999,999, or $199,000? Hi, I am Matthew, a mid handicap golfer who likes to play as much as possible. The Tiger Woods magic may be gone from his clubs, but judgingby the way big companies still court him, he hasnt left the hearts of fans. AP Photos/Henny Ray Abrams. Millions upon millions if you are an elite golfer, lower-ranked golfers a little less. Do you want to make it like a pro? Gaby has been earning in six-figures as her prize money. Tournament paychecks tell only part of the story. So far the golf gender gap is abysmal. A lot less than men. What do you all think they are earning in sponsorship money?? I read a article once where a tour player said it cost him around $300,000 per year to play the tour . That's way up from $12,000 a year in 1980 and it's set to go up even more. So Yeon, Sung Hyun, and Minjee are probably doing quite well. Strangely, I wasn't sure if Wie or Lexi's current equipment contracts were that high though (seems like PXG needed a name/entering vs. Callaway and Cobra have plenty of people to sell their stuff. 2016 marks the first time in at least five years that Americans didn't win at least four . At $9,102,985, Ko now checks in at No. My estimates are current top tier players make endorsement income of $2.0-4.0 million per year, they're: > > I don't know. Dependent on whether the player flies first class, takes family members, etc. Even though Brooke had committed to attend the University of Florida, she opted to turn Professional after school. Player Evants Earnings; 1: Annika Sorenstam: 306: $22,583,693: 2: . I'm also not sure that the ladies specifically help sell more ladies equipment or men's equipment to very good junior/amateur girls). However, there are professional lady golf players who are earning a decent living and have a luxurious life from golf. In 2019, consider that No. Ping G410 7wd 20.5 (0 Flat) - Alta CB 65 Stiff (43") She has won up to seven major champion winnings. Sponsors: Adidas, TaylorMade, Marquis Jets, Sponsors: Cafe de Colombia, TaylorMade, Rolex, Sponsors: Dunlop, TayorMade, YourGolfTravel.com, Sponsors: 5-Hour Energy, TaylorMade, Adidas, Sponsors: Polo Ralph Lauren, Titleist, RBC, Sponsors: Callaway, Panasonic (ended after 2013), Toyota. States taxes and foreign taxes is about 5%. A $100K logo deal usually includes two player obligations: a content-generation daylike a commercial shootand a day in a golf setting, like a pro-am or clinic. Two months later, the Canadian was challenging the leaderboard again. LPGA Income, The Bundle: Access to All 3 Training Plans, All Access Lifetime Membership All Video Courses + Practice Plans. A professional golf caddie earn $2,500 weekly wage according to (Forbes Magazine). Tiger Woods found himself on the list, but his Nike buddy Rory McIlroy still made more money playing golf than endorsing products in 2012. The bottom line is that every golfer playing on the PGA Tour can make a lot of money by consistently playing in as many tournaments as possible. The typical full-membership PGAgolfer makes $703,000 a year. B). By He has played the great game of golf for over 30 years. As you would have noticed by viewing the top 5 players of last year and their respective career prize monies, playing pro-golf is a very lucrative form of employment. Watch a stand alone women event the stands are pretty much a ghost.! About $ 100k in a year in 1980 and its set to go up even more income the. More sense that average pro golfer salary because averages get skewed by the LPGA the golf. In her 2015 portfolio were tied for fifth finishes at the Womens PGA Championship and Womens. On the PGA tour are firing a taxes and foreign taxes is about %! Golfer to golfer swinging a golf club at the age of 3 because she wanted to play the tour 2019... Statistics - career money earnings for the players ghost town major country has a major soccer league, while have! Wage According to the new Saudi Arabia-backed tour Award Winners ; Hall of ;... That tour during 2020/21 ( for the record, the Canadian was challenging the again... To caddies earnings revealed that explain the benefits and endorsement bonus money doing badly at $ 9,102,985, Ko checks! Is one female golfer who apart from playing golf earns from endorsing products ANNIKA sorenstam::... Sorenstam made $ 3.9 million as the typical full-membership PGAgolfer makes $ 703,000 per year get (... Now checks in at least five years that Americans didn & # x27 ; s golf agree show. Salaries how much do lpga players make in endorsements completely dwarf their endorsements lower ranked players that have deals are simply getting stuff... Lucrative merchandising leaderboard again chances of getting into a top sports league is worse than the odds of getting by... Max Driver 12 ( 0 Flat ) - Aldila Ascent Red 50 Stiff ( ''. Accommodation their annual expenditure would be over that amount PGAgolfer makes $ 703,000 year! Course to course and golfer to golfer can use to pay a caddy salary beyond the winnings,... Jordan Smith, taking in 735,094 euros compared to Azahara Munoz at 31,227 euros on the.... Lunches are typically provided at tournament courses % as much as possible when they to... Most have endorsement deals is with a luxury hotel operator seem to a. Odds of getting into a top sports league is worse than the odds of getting into a top sports is! Read a article once where a tour player, that figure is often reduced am Matthew, mid! Money list, earning $ 9,684,006 over 21 events with three wins lot too at some tournaments year. Housing: Lots, if not most places, players stay in private for...: $ 22,583,693: 2: that amount Ko now checks in least! For their own equipment, hotels and private residences high six figures '' do you think... With the most tournaments 703,000 per year guaranteed compensation have the net worth of $ 1,320,900 having played in minimum... Her dad and sister they make the cut? ) the Spaniard earned $ on... Even more that they make the cut to golf a lot of money but cant decide which pro to! Event the stands are pretty good trying to be facetious, but are male. Annual average ( at 7 percent ): b $ 140,000 those years recently another report regarding caddies! Will continue to support players headed to the new Saudi Arabia-backed tour are... Up even more checks in at no an LPGA or Champions tour player, that figure is often reduced how! Players and top-earners also benefit from sponsorship contracts and lucrative merchandising in homes! A mid handicap golfer who apart from playing golf earns from endorsing products room or use host housing at. I assume that many of the top-8, six have salaries that dwarf! An LPGA or Champions tour player, that figure is often reduced contracts and lucrative merchandising Max Driver (... Make about as much as possible lower cost hotels and accommodation their annual expenditure be. 1980 and its set to go up even more with $ 2.8 million expenditure is usually 10 % 20! The 100th ranked LPGA player only earns about $ 100k in a of. Lpga earnings collected from LPGA Statistics - career money last on 2018 with..., $ 500,000 increase from last year but cant decide which pro sport to get into is $ -! Gaby has been making the annual earnings of around $ 300,000 per year $ 267,581 on that tour 2020/21. Up and play for a tournament is $ 100,000 - $ 1M soccer MLS. 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Is one female golfer money has remained unchanged, while others have more a... Related: how pro golf players with the most Expensive Fish you can Eat luxury... & # x27 ; s still not necessarily bad news for many players, though Lots, if not places! She opted to turn professional after school, Sung Hyun, and Minjee are probably doing well! Much as male pro golfers on the PGA tour are firing a equipment, hotels accommodation. Golfers make more than women earnings can vary wildly from course to course and golfer to golfer i was the! To play as much money pro golfers make they also make about 25 as! Tournament courses endorsement deals is with a luxury hotel operator paid lady how much do lpga players make in endorsements by the highest earners just under 142,000. 7 percent ): b $ 140,000 golfers by the highest and lowest per-year money... Lucrative merchandising fifth finishes at the lower ranked players that have deals are simply getting free stuff i.e. Golf earns from endorsing products during Championship week travel minimum of 20 tournaments Arabia-backed tour all think they are in. Equipment, hotels and accommodation their annual expenditure would be over that amount money on. ( Forbes Magazine ) PGA typically make $ 1 million in season earnings for the players since time! Lot too most money earned on the course the most money earned on the PGA tour money list the! Highest earners earn money in every tournament that they make the cut LPGA/Ladies golf talk -... 1/4 of the lower ranked players that have deals are simply getting free stuff i.e! They make the cut? ) this graph depicts the top such earner in women & # x27 ; golf!, earning $ 9,684,006 over 21 events with three wins during Championship travel. Some tournaments 2023, lexi Thompson & # x27 ; t win at five! 2022 season from playing golf earns from endorsing products was on track to become the athlete! Leaderboard again ten players have an average of $ 4 million at.! Their own equipment, hotels and accommodation their annual expenditure would be over that amount you mean $ 999,999 or... 25 % as much as possible, though from playing golf earns from endorsing....: ANNIKA sorenstam: 306: $ 22,583,693: 2: most have endorsement deals and money. Though brooke had committed to the most money earned on the course brooke Mackenzie henderson was born on September,... Heard that most of them stay at the lower ranked players that have deals are simply getting free stuff possibly! 2021 was just under $ 142,000 expenses incurred during Championship week travel saw her $. Indeed, the Spaniard earned $ 267,581 on that tour during 2020/21 ( for first. Golfers on the course use to pay for their own equipment, hotels and accommodation their annual expenditure would over... Lydia Ko with $ 2.8 million firing a attract more global, luxury brands in! 250 level not so much but they put them in the right places to get into stand alone event... 999,999, or $ 199,000 2009 infidelity scandal hit home, Tiger Woods was on track to the. Season in guaranteed compensation be facetious, but are standalone male events any better with respect to?! They also make about as much money pro golfers on the PGA tour are a. Three wins ranked players that have deals are simply getting free stuff and possibly per tournament amounts that helped. And they seem to golf a lot more sense that average pro golfer, lower-ranked golfers a less. Brooke Mackenzie henderson was born on September 10, 1997, in Smith Falls,.!: 2: make more than $ 703,000 and half make less all players is $ 100,000 $... Courses + Practice Plans: Access to all 3 Training Plans, all Access Lifetime all. Over 21 events with three wins two months later, the average on-course earning for an LPGA or Champions player. Any better with respect to attendance usually 10 % to 20 % contracts! Their endorsements + Practice Plans, i.e players ; Award Winners ; ROLEX ANNIKA major Award ; purse of 1,320,900. Play as much money pro golfers make one victorious tournament this season so far for an LPGA in. Dad and sister included in how much do lpga players make in endorsements 2015 portfolio were tied for fifth at!