Skip to content
Wednesday 19 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,728.04
+0.07%
DAX
26,128.36
0.00%
CAC 40
8,509.36
0.00%
STOXX 50
6,468.17
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 27 October 2016 11:15 am

Rory McIlroy reveals the massive prize money cut he gave to caddie J.P. Fitzgerald after winning the FedEx Cup

By: Joe Hall

Add as a preferred source on Google

You would have needed to be ranked as one of the top 110 golf players in the world last season to have earned more than $1m in prize money.

Not a bad career. Alternatively, you could land a job as a caddie for one of the very best players and earn even more without having to tee off once.

Rory McIlroy's caddie, J.P. Fitzgerald, earned a staggering $1.05m (£860,000) from a single weekend this year thanks to his employer's FedEx Cup victory.

Most top caddies, such as McIlroy's long-serving Fitzgerald, take an eight to 10 per cent cut from a golfer's prize money reward at each event.

Read more: The huge amount earned by golf's top caddies

McIlroy has enjoyed his most lucrative circuit on the PGA Tour to date after pocketing a $10m bonus for winning the FedEx Cup on top of his $5.8m earnings from 18 events.

The world No3's victory at the Tour Championship last month saw him overtake Dustin Johnson at the top of the FedEx Cup standings to scoop the massive bonus.

However, unlike standard prize money payments at individual tournaments, there is no set protocol in how much of the $10m is set aside for a caddie.

McIlroy, though, wanted to demonstrate his appreciation for the man who has been lugging his clubs around since his first season as a professional in 2008.

"J.P. got a nice percentage of that, so I knew at that point it was already there. I think his words were, 'A tsunami just hit my bank account, so thank you very much'," explained McIlroy.

"He deserved it. He's a big part of what we do. He was with me when I was No210 in the world and when I was No1."

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Related Topics

  • Golf
  • Sports money

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • US bond market jitters spark UK economy recession warning

  • Monzo chair makes early exit after boardroom rift

  • New Premier League rules could see £11bn invested into new stadiums

More from Morning Wire

  • Gary Lineker forks out £10k to save England World Cup dream

    Sport Business
    Gary Lineker smiling in a dark suit, white shirt, and navy tie, wearing black-framed glasses.
  • Wimbledon: HMRC set to slap Sinner and Noskova with £1.6m tax bill

    Sport Business
    Getty Images logo on a sleek black background, symbolizing reliable sources for high-quality stock photography and media c...
  • Gianni Infantino: Democrats ask to quiz Fifa boss over Trump ‘corruption’ allegations

    Sport Business
    Donald Trump and FIFA President Gianni Infantino smiling, looking upwards during an event.
  • Vistry shares slide after Allianz ‘cuts insurance cover’

    Property
    Vistry said the outcome of the government's spending review and a "recovery in consumer confidence" would prove pivotal.
  • OpenAI’s rogue agent doesn’t scare me – the millions of others do

    Opinion
    Breaking news concept with digital globe and graphs, symbolizing global financial trends and data analysis on a business w...
  • Nscale taps lenders for $900m to fuel AI data centre splurge

    Tech
    AI data center with rows of servers and cooling systems, showcasing advanced technology and infrastructure innovation
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook