May 21, 2025
Banking

Scottie Scheffler’s unusual arrangement with caddie after banking £2.5m | Golf | Sport


Scottie Scheffler, who once referred to himself as ‘a child’ when it comes to money, has an assistant to manage his finances, including paying caddie Ted Scott. His arrangement with Scott will see his right-hand man benefit from the £2.5million ($3.4m) prize that Scheffler recently claimed after a stunning victory at the PGA Championship. Scheffler added a third major title to his collection at Quail Hollow, fending off a host of American competitors and a resurgent Jon Rahm to win the US PGA by five strokes.

The 28-year-old pocketed a staggering $3.42m from a record-breaking $19m prize pot for his efforts. This latest financial boost means that Scheffler’s campaign winnings alone have now reached $10m, contributing to his impressive 2024 total of $63m. However, Scheffler isn’t the only one reaping the rewards of his Wanamaker Trophy success.

Legendary caddie Scott, who started working with Scheffler in 2021 after assisting Bubba Watson to two Masters titles in 2012 and 2014, is expected to receive the standard percentage of winnings. On the PGA Tour, a caddie typically earns 10 per cent of their player’s victory purse, seven per cent for a top 10 finish, and 5 per cent for anything else, in addition to a weekly salary.

However, due to the large sums involved, the world No. 1 admitted last year that his finances are managed by a staff member, as he considers himself a ‘child’ when it comes to money and prefers not to be closely involved.

Scheffler told the Pardon My Take podcast in 2024: “It’s been a fun year, I don’t really think about the money that much. I think that kind of becomes a big deal with the FedEx and everything, but at the end of the day, I’m just playing golf, and the money is just a gift on top of that.

“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! 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.'”

After clinching the Wanamaker Trophy with an impressive -11, Scheffler reflected on his performance, particularly the final round’s back nine, saying: “To step up when I needed to the most, this back nine will be one that I remember for a long time,” and he confessed, “I felt like this was as hard as I battled for a tournament in my career. It was a pretty challenging week.

“The first two days, I did not swing it my best, and I was able to post a score somehow. The last five holes Saturday, that’s where I really kind of put myself ahead in the tournament.

“I knew somebody was going to make a move today,” Scheffler admitted, reflecting on LIV Golf’s Rahm and his swift ascent in the final round until double bogeys on the 17th and 18th dashed his chances.

“There’s too much talent in the game of golf for me to slap the ball around today with a three-shot lead – three shots in 18 holes is really not that much. With this closing stretch, you can never be complacent with your game.

“I had seen that Jon and I were tied when I was playing the 10th, maybe. I did my best to keep executing shots and stay in my little bubble. I just prepared for Jon to go out and have a great back nine as well.

“He’s a great player and a great champion, and he does a really good job of stepping up in the big moments. I didn’t really relax until I got the ball over the water on 17. I felt like after that, I could kind of limp home on 18 with the lead that I had.”

This story first appeared on the US Mirror



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline