Scottie Scheffler wins Masters for 2nd time: How much money did he take home? (2024)

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Scottie Scheffler wins Masters for 2nd time: How much money did he take home? ›

Scheffler earned $3.6 million for his troubles. It was the winner's share of a $20 million purse for the golfer who won the tournament. The share was increased from the $3.24 million Jon Rahm received when he won in 2023. Scheffler's 2022 prize money was $2.7 million.

Golfers will receive a record $20 million, up from $18 million last year. First place will earn $3.6 million, with second due $2.16 million and third to receive $1.36 million. The rest of the field will earn less than $1 million, with $50,000 the payout for 50th place.

Tournament champion Scottie Scheffler took home a record $3.6 million — $360,000 more than last year's winner earned. Scheffler, who is American, also won the tournament in 2022, when he netted $2.7 million of a $15 million purse.

Scottie Scheffler, the world's #1 golfer in 2024 according to the Official World Golf Rankings, talked his caddie, Ted Scott, out of retirement in 2021. Scott, whose client list includes other golf greats like Bubba Watson, is estimated to have earned $1.8 million from Scheffler's winnings in 2024 alone.

$27,696,858. So that's around $1.8 million for every tournament he's played this year, and around $460,000 for every round he's teed it up. Scheffler's 2024 money easily surpasses his record-breaking earnings last year, when he took home $21 million.

The weekly wage helps caddies recoup financially because they're required to pay their own travel to Georgia, along with hotel and food while working the tournament. Caddies also get a percentage of whatever their player earns after the tournament ends. The caddie of the Master's winner will get 10% of the prize money.

The Augusta National membership fees are relatively low for a club of its reputation. The initiation fee is estimated to be in the range of $40,000 - $200,000, but the official figure is unknown. And the yearly dues are assessed at “a few thousand” dollars annually, in the field of $7,000 to $10,000.

The winner of this year's Masters will receive $3.6 million — Jon Rahm won $3.2 million last year — with the runner-up taking home $2.16 million and 3rd earning $1.36 million.

Woods has won $9.6 million in prize money at the Masters since he turned pro in 1996. It ranks second all-time to his longtime rival Phil Mickelson at $9.8 million over the course of 30 tournaments.

Whoever finishes in first place of the 2024 Masters Tournament will receive $3.24 million in prize money. The rest of the purse is distributed in increments depending on placement. For example, the second-place finisher would get $1.584 million and third place would receive $744,000, which was the case in 2023.

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However, this figure doesn't apply to caddies working for top-tier golfers like Tiger Woods. These caddies earn a base salary, typically around $100,000 to $150,000, plus a percentage of the golfer's winnings.

Scottie Scheffler's net worth is around $50 million, as reported by Celebrity Net Worth in 2024. The Masters winner added a subsequent amount to his wealth from his golfing career. Moreover, endorsem*nts helped him to uplift his net worth by a decent amount.

"Every caddie gets a weekly paycheck, no matter where his player finishes," Collins said on ESPN. "If the player misses the cut, the caddie still has to get a paycheck because the caddie pays for all of his own expenses — airfare, hotel, car, food, all of it."

Scottie Scheffler had an average driving distance of 311.6 yards in 2021-22. StatMuse has season-level data for driving distance average going back to the 1980 season.

With a staggering net worth of $800 million, Tiger's career earnings have surpassed $1.8 billion since he turned pro in 1996. Adjusting for inflation, his career earnings easily exceed $2 billion, making him the highest-earning golfer of all time and one of the highest-earning celebrities globally for many years.

Scheffler's major endorsem*nt deals are with NetJets, Nike, Rolex, TaylorMade, Titleist, and Veritex Community Bank, as per Forbes, earning $15 million.

The Masters was April 11-14, 2024. The purse was $20 million with a $3.6 million winner's share.