Ted Scott’s name is now synonymous with golf caddie success. From humble beginnings in a Florida clubhouse to standing shoulder-to-shoulder with PGA Tour legends, his journey is as inspiring as it is lucrative. As of 2026, his estimated net worth of $5 million reflects decades of hard work, strategic partnerships, and the meteoric rise of his player, Scottie Scheffler. This article dives deep into Scott’s financial trajectory, breaking down how his role as a caddie transformed him from a bag room attendant to a multi-millionaire.
With nine PGA Tour wins in 2024 alone, Scottie Scheffler’s dominance has made Ted Scott one of the highest-paid caddies in golf. But how does a caddie earn millions? What milestones defined Scott’s career? And how does his financial agreement with Scheffler compare to industry standards? We’ll answer these questions and more, using verified data from 2024 to 2026 to paint a complete picture of Ted Scott’s net worth and career.
Quick Answer: Ted Scott’s net worth is estimated at $5 million as of 2025, primarily earned through his role as Scottie Scheffler’s caddie. In 2024, he earned $5.3 million, with 10-7% cuts from Scheffler’s PGA Tour and LIV Golf victories. His partnership with Scheffler has made him wealthier than the average PGA Tour golfer.
Table of Contents
- Ted Scott’s Career Journey to the PGA Tour
- How Caddies Earn Money (And Scott’s Cut)
- Ted Scott’s 2024-2026 Earnings Breakdown
- 10 Key Facts About Ted Scott Caddie Net Worth
- Scott vs. Other Top PGA Tour Caddies
- Scheffler’s Wins vs. Scott’s Earnings
- The “Childish” Financial Agreement
- FAQ: Ted Scott Caddie Net Worth
Ted Scott’s Career Journey to the PGA Tour
Ted Scott’s path to golf stardom began long before he carried a PGA Tour champion’s bag. In 2005, he started as a bag room attendant at Reunion Resort in Florida, a role that required cleaning clubs, organizing bags, and assisting players. This hands-on experience at the grassroots level gave him a deep understanding of golf’s mechanics and the importance of attention to detail.
His breakthrough came in 2011 when he joined Bubba Watson’s team. Over the next decade, Scott played a pivotal role in Watson’s two Masters victories (2012, 2014) and other PGA Tour wins. This partnership not only solidified his reputation as a strategic and calm caddie but also laid the foundation for his future success. By the time he transitioned to Scottie Scheffler in 2022, Scott had honed his skills to a level that would soon make him one of the highest-paid caddies in the sport.
How Caddies Earn Money (And Scott’s Cut)
Caddies on the PGA Tour earn income through a combination of base fees and performance-based percentages. The standard structure includes a weekly base fee of around $2,500, plus 10% of the winner’s prize money and 5-7% for top-10 finishes. For LIV Golf events, the percentages and base fees are often higher due to the league’s lucrative prize pools.
Ted Scott’s earnings are heavily tied to Scottie Scheffler’s performance. In 2024, Scheffler’s nine PGA Tour victories and strong LIV Golf results generated over $55 million in player earnings. Scott’s 10-7% cuts from these wins alone totaled $5.3 million. This financial model highlights how a caddie’s income is directly proportional to their player’s success—a principle that has made Scott a millionaire in just a few years.
Ted Scott’s 2024-2026 Earnings Breakdown
Ted Scott’s financial trajectory has been nothing short of explosive. In 2024, his earnings reached $5.3 million, with $2.5 million coming from Scheffler’s Tournament of Champions victory alone. By April 2024, he had already earned $1.4 million, nearly matching his 2023 total. This rapid growth continued into 2025, with Scott earning $2.11 million from Scheffler’s five PGA Tour wins and consistent top-10 finishes.
2026 projections suggest Scott’s net worth will surpass $5 million, thanks to Scheffler’s sustained dominance. LIV Golf’s high-stakes events, such as the Hero World Challenge, have further boosted his income. For example, Scheffler’s $1 million first-place prize at the 2024 Hero World Challenge contributed significantly to Scott’s earnings. These figures underscore how modern golf’s financial landscape allows caddies to amass wealth at an unprecedented rate.
10 Key Facts About Ted Scott Caddie Net Worth
1. Net Worth Estimate: $5 Million (2025)
As of 2025, Scott’s net worth is estimated at $5 million, primarily from his role as Scottie Scheffler’s caddie. This figure reflects cumulative earnings from 2022 to 2025, including base fees, performance percentages, and potential endorsements.
2. 2024 Earnings: $5.3 Million
In 2024, Scott earned $5.3 million, driven by Scheffler’s nine PGA Tour wins. His 10% cut from the Tournament of Champions alone amounted to $2.5 million.
3. Career Start: Bag Room Attendant (2005)
Scott began his career in 2005 at Reunion Resort in Florida, working as a bag room attendant. This role provided foundational experience in golf operations and player interactions.
4. Breakthrough with Bubba Watson (2011)
Scott joined Bubba Watson’s team in 2011, contributing to two Masters victories (2012, 2014). This partnership established his reputation as a strategic caddie.
5. Scheffler’s 2024 Earnings: $55.2 Million
Scottie Scheffler earned $55,228,358 in 2024, with Scott receiving 10-7% cuts from wins and top-10 finishes. This figure includes $1 million from the Hero World Challenge.
6. Standard Caddie Pay Structure
Caddies earn a base fee of $2,500 per week, plus 10% of the winner’s prize money and 5-7% for top-10 finishes. LIV Golf’s higher prize pools often increase these percentages.
7. 2025 Earnings: $2.11 Million
Scott earned $2.11 million in 2025, fueled by Scheffler’s five PGA Tour wins and 16 top-10 finishes. This places him among the highest-paid caddies in golf.
8. “Childish” Financial Agreement
Scott’s deal with Scheffler is described as “childish” but lucrative, ensuring he earns more than the average PGA Tour player. This arrangement has been key to his financial success.
9. 2026 Projections
Scott’s net worth is expected to exceed $5 million in 2026, driven by Scheffler’s continued dominance on the PGA Tour and LIV Golf’s high-stakes events.
10. Comparison to Other Caddies
Scott ranks among the top 10 highest-paid caddies in 2025, earning $2.11 million. This places him behind only caddies like Harry Diamond (Rory McIlroy) and ahead of many elite bagmen.
Top PGA Tour Caddies: Earnings Comparison (2025)
| Caddie Name | 2025 Earnings | Notable Player |
|---|---|---|
| Ted Scott | $2.11M | Scottie Scheffler |
| Harry Diamond | $2.55M | Rory McIlroy |
| Archie Starkey | $1.92M | Joaquín Niemann |
Scheffler’s Wins vs. Scott’s Earnings (2024)
| Tournament | Scheffler Earnings | Scott’s Cut |
|---|---|---|
| Tournament of Champions | $1,000,000 | $100,000 |
| Hero World Challenge | $1,000,000 | $100,000 |
| PGA Tour Wins (9 total) | $25,000,000 | $2,500,000 |
Did You Know?
Ted Scott’s financial agreement with Scottie Scheffler is described as “childish” in its simplicity but has proven to be one of the most lucrative in golf. Unlike many caddies who negotiate complex contracts, Scott’s deal focuses on pure performance, ensuring he benefits from every win and top-10 finish.
The “Childish” Financial Agreement That Made Scott Richer Than Average Golfers
Scott’s financial arrangement with Scheffler has been a game-changer. Described as “childish” by industry insiders, the deal prioritizes transparency and performance-based rewards. Unlike traditional contracts that may include clauses about equipment, media appearances, or personal expenses, Scott’s agreement is straightforward: a percentage of Scheffler’s earnings from tournaments. This simplicity has allowed Scott to maximize his income while avoiding the administrative complexities that often plague caddie-player relationships.
By 2024, this agreement had already made Scott wealthier than the average PGA Tour golfer. Scheffler’s nine wins and consistent top-10 finishes generated over $55 million in player earnings, with Scott pocketing millions through 10-7% cuts. This financial model highlights how strategic partnerships in golf can create win-win scenarios for both players and caddies.
FAQ: Ted Scott Caddie Net Worth
1. How does a PGA Tour caddie earn money?
Caddies earn a base fee of $2,500 per week, plus 10% of the winner’s prize money and 5-7% for top-10 finishes. LIV Golf’s higher prize pools often increase these percentages.
2. What percentage of player earnings do caddies receive?
Caddies typically receive 10% of the winner’s prize money and 5-7% for top-10 finishes. These percentages can vary based on league rules and player-caddie negotiations.
3. How did Ted Scott become Scottie Scheffler’s caddie?
Scott joined Scheffler’s team in 2022 after a successful partnership with Bubba Watson. His reputation for strategic insight and steady demeanor made him a natural fit for Scheffler’s game.
4. What is the financial agreement between Scott and Scheffler?
Scott’s agreement is described as “childish” in its simplicity. It focuses on performance-based rewards, with Scott receiving 10-7% of Scheffler’s tournament earnings.
5. How much did Ted Scott earn in 2024?
Scott earned $5.3 million in 2024, with $2.5 million coming from Scheffler’s Tournament of Champions victory alone.
6. How does Scott’s net worth compare to other top caddies?
In 2025, Scott earned $2.11 million, placing him among the top 10 highest-paid caddies. He ranks behind Harry Diamond (Rory McIlroy) but ahead of many elite bagmen.
Conclusion: Ted Scott’s Financial Success Story
Ted Scott’s journey from a Florida bag room attendant to a multi-millionaire caddie is a testament to the power of hard work, strategic partnerships, and adaptability. His net worth of $5 million as of 2025 is not just a reflection of his role in Scottie Scheffler’s success but also a product of the modern golf ecosystem, where caddies can earn life-changing sums through performance-based contracts.
Scott’s story also highlights the evolving financial dynamics of professional golf. With LIV Golf’s entry into the market, caddies now have access to higher prize pools and more lucrative opportunities. As Scheffler continues to dominate the PGA Tour, Scott’s net worth is poised to grow further, cementing his place as one of the sport’s most successful caddies.
Ultimately, Ted Scott’s career serves as an inspiring example of how dedication and the right opportunities can transform a humble start into a financial success story. His partnership with Scheffler not only elevated his status in the golf world but also created a blueprint for how caddies can thrive in today’s competitive landscape.
