Shane Lowry has spent time playing on both the PGA and European Tours, picking up four wins during his professional career. But as the Belfast Telegraph cites, he’s only worked with caddie Bo Martin since September 2018. Even during that stretch which has been less than one full calendar year, both Lowry and Martin appear to have made an impressive amount of money.
The exact salary and income caddies make can reportedly vary, as their pay is typically not disclosed publicly. Fortunately, we can at least get an idea of how much Martin makes while working alongside Lowry.
As Golfweek previously explained, caddies will make the bulk of their money off bonuses which depend on where a player finishes. They cite a story from Forbes which explains that caddies typically receive 10 percent if a player wins an event, seven percent for a top-10 finish and five percent if the finish is below that.
Bonuses aren’t the only way caddies are paid, and we can get a decent estimate of how much Martin has made since teaming up with Lowry in the current season.
Shane Lowry’s Caddie, Bo Martin’s Salary Before Bonuses
While there’s no question that the bulk of the annual pay for a caddie will come from bonuses, Golfweek points out that there is a weekly salary earned as well. According to the report, this comes in at roughly $1,800 to $2,000.
Although it’s a solid amount of money and can end up being roughly $8,000 per month depending on how many tournaments are played, there is a catch. In the same article, it’s revealed that caddies on the PGA and LPGA Tours are “almost never” paid additional money outside of their salary to cover travel costs.
By most accounts, the average weekly base pay for caddies on the PGA Tour runs in the neighborhood of $1,800-$2,000 per week. On the LPGA, it’s closer to $1,200. The majority of those funds go toward travel expenses, which are almost never covered outside of the weekly wage.
So for many caddies, and especially those traveling back-and-forth from Europe to the United States, that can surely get costly. While it has not been confirmed, Martin may make a bit more due to how much it can cost to travel between countries.
Bo Martin’s Estimated Salary & Bonuses With Shane Lowry
Martin has caddied for a number of players previously, including names such as Gary Murphy, Peter Lawrie, Alex Levy and Lucas Bjerregaard. But since joining Lowry in late-2018, the two have had quite a bit of success together. Lowry made a total of $696,897 during the 2018 season and heading into The Open Championship in 2019, he’d already racked up $1,509,879 on the PGA Tour alone this year.
Based on just the 2019 totals for the PGA Tour, it means Martin has made anywhere from $75,493 (five percent) to $150,987 (10 percent). Since Lowry has three top-10 finishes, it’s likely somewhere in the middle of that, especially considering he placed second at the RBC Canadian Open and third at the RBC Heritage. Lowry also finished eighth at the PGA Championship, an event which brought a total of $319,600 in winnings (per PGA.com), which equate to a bonus of $22,372 at seven percent for Martin.
While Martin’s bonuses caddying for Lowry through 2019 likely total roughly $100,000 or more, it doesn’t factor in three additional European Tour events. This includes the Dubai Duty Free Irish Open (T34 finish), Omega Dubai Desert Classic (T12) and a victory at the Abu Dhabi HSBC Championship.
Based on those three tournaments alone, Lowry made $1,251,970.21 (€1,114,498) along with his PGA Tour earnings. Factoring in the 10 percent bonus for Lowry’s victory and five percent for the others, this would mean Martin made more than an additional $120,120 in money this year with Lowry.