Scottie Scheffler Reveals Financial Arrangement with Caddie Ted Scott Following Exceptional £47 Million Earnings in 2024

Scottie Scheffler Reveals Financial Arrangement with Caddie Ted Scott Following Exceptional £47 Million Earnings in 2024

Scottie Scheffler, the reigning world number one golfer, has recently shared insights into his financial arrangement with his caddie, Ted Scott, after an extraordinary 2024 season. This year has been particularly notable for Scheffler, as he amassed nearly £50 million through his remarkable performances on the golf course. His stellar achievements include clinching his second Masters title in April and securing the FedEx Cup, which alone brought him a substantial £19 million. In addition to these major victories, Scheffler accumulated numerous PGA Tour titles and consistently high finishes, further solidifying his dominant presence in the sport.

 

To provide perspective on his financial success, Scheffler’s earnings for 2024 break down to an average of approximately £2.5 million per tournament, £628,000 per round, and an impressive £9,000 per shot. Such staggering figures inevitably impact the earnings of his caddie, Ted Scott, who plays a pivotal role in Scheffler’s success on the tour.

 

Typically, professional golf caddies receive a percentage of their player’s earnings based on the player’s performance. The standard arrangement includes 10% of the victory purse for a win, 7% for a top 10 finish, and 5% for other placements. Given the monumental sums involved in Scheffler’s recent achievements, Scott’s earnings are substantial. Despite the complexities involved in managing such high-level financial arrangements, Scheffler has opted to rely on a professional team to handle his financial matters.

 

In an interview with the Pardon My Take podcast, Scheffler shed light on how his financial affairs are managed. He humorously described his own financial management skills as lacking, admitting, “We have a girl that helps us pay bills basically because I’m a child and I can’t keep track of all that stuff!” This “girl,” who presumably works as a financial manager or assistant, plays a crucial role in managing Scheffler’s finances, including the caddie’s payments. Scheffler further explained, “She quickly took over that job and texts me at the end of each week, saying, ‘Hey, this is how much we’re paying Ted.’ I’m like, ‘That’s great.’” This arrangement allows Scheffler to focus on his game while ensuring that Scott’s remuneration is handled efficiently and accurately.

 

Ted Scott, who has a noteworthy career of his own, previously served as Bubba Watson’s caddie for 15 years before teaming up with Scheffler. Scott’s transition from Watson to Scheffler was influenced by various factors, including personal and professional considerations. Despite the change, Scott and Watson remain close friends, with Scott reflecting on their split by stating, “Bubba and I are still very good friends. We just had some different ideas in our life of where we are and where we wanted to go.”

 

One of the unique aspects of the partnership between Scheffler and Scott is their shared religious beliefs. Both Scheffler and Scott are involved in a Bible study group, and Scheffler has openly acknowledged that Scott’s Christian faith was a significant factor in his decision to hire him. Scheffler has expressed his admiration for Scott, saying, “I just think the world of him as a person so that was why I was attracted to him just being a potential good partner for me out on the course. I really want to work with a Christian. That’s how I try to live my life.”

 

In addition to his role as a caddie, Scott is an accomplished golfer in his own right, with a reported handicap of four. He also maintains a side business teaching golf online, further showcasing his expertise and passion for the sport.

 

Overall, Scheffler’s financial success in 2024 has not only highlighted his exceptional skills on the golf course but also shed light on the intricate dynamics of professional golf partnerships and the importance of effective financial management. The collaboration between Scheffler and Scott exemplifies how personal values and professional excellence can intersect, contributing to a successful and harmonious working relationship in the competitive world of golf.