As is true for the PGA tour, prize money on the LPGA tour is determined by a winning gradient that is a decreasing function of the golfer's order of finish, which sets each golfer's winnings at a fixed percentage of the purse. As seen in Fig. 1, the winner of a tournament ...
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Diamond likely earns a substantial amount of money working for McIlroy. Typically, PGA Tour caddies earn a base salary of approximately $2,000 per week, with additional earnings coming from a percentage of a player's winnings any given week. Usually, players tip their caddies 10 per cent fo...
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