Matty2803
Head Pro
How do the lesser players live? What does the average tour player earns...
Discuss!
Discuss!
Tour Pros - Money, Money, Money...
- Thread starter Matty2803
- Start date
Pin-seeker
Well-known member
They eat the scraps left over by Tiger & Rory's caddies.
Imurg
The Grinder Of Pars (Semi Crocked)
Look at the R2D rankings on the Euro Tour website.
230k Euros(ish) keeps your card for next year.
Sounds a lot but subtract caddy fees, entry fees, management fees, travel expenses to 20+ countries and tax and there probably isn't a whole lot left..
The Rory's, Luke's etc etc earn vast amounts, arguably way too much, but your "average"Tour Pro isn't quite as flush as you might think. And those lower down the list may only just be breaking even, some are even losing money.
It's tough at the top but it's tougher at the bottom...
230k Euros(ish) keeps your card for next year.
Sounds a lot but subtract caddy fees, entry fees, management fees, travel expenses to 20+ countries and tax and there probably isn't a whole lot left..
The Rory's, Luke's etc etc earn vast amounts, arguably way too much, but your "average"Tour Pro isn't quite as flush as you might think. And those lower down the list may only just be breaking even, some are even losing money.
It's tough at the top but it's tougher at the bottom...
Lump
Tour Winner
PGA or european?
I'm sure I read somewhere that PGA tour players make an average nett wage of 2million dollars.
drawboy
Tour Winner
Do not forget that prize money is just the tip of their earnings. The vast majority of their wealth comes from sponsorship and appearance money that takes their wages up to around 10 million per year for the average tour pro on both sides of the pond.
bozza
Journeyman Pro
Average tour pro makes £10,000,00 a year!? I seriously doubt it's anywhere near that.
As posted above even if you make £500,000 which is easily enough money to keep your card you think they make over £9,000,00 from sponsors and appearance fees?
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Imurg
The Grinder Of Pars (Semi Crocked)
The top Guys get this sort of sponsorship but your average Pro gets nowhere near that.
They'll get clubs and kit, they'll get clothes and a few other bits and pieces.
Simon Wakefield - 30 events, 155490 euros won - that's 5183 per event.
After tax I doubt that covers expenses
And, with all due respect, is Simon Wakefield??
Is the view of him wearing a jumper with some Bank's name on it going to get anyine to use it...or whatever it is he has on his threads?
At his level Sponsorship is low, enough to keep him playing and not much more...
They'll get clubs and kit, they'll get clothes and a few other bits and pieces.
Simon Wakefield - 30 events, 155490 euros won - that's 5183 per event.
After tax I doubt that covers expenses
And, with all due respect, is Simon Wakefield??
Is the view of him wearing a jumper with some Bank's name on it going to get anyine to use it...or whatever it is he has on his threads?
At his level Sponsorship is low, enough to keep him playing and not much more...
Doon frae Troon
Ryder Cup Winner
Pro Golfers are a bit like actors/ses.
The ones at the top make a fortune whilst 97.3% don't make enough to buy a house.
I saw the last guy on the Challenge Tour list won something like £800 from 15 tournaments.......should have gone to specsavers!
The ones at the top make a fortune whilst 97.3% don't make enough to buy a house.
I saw the last guy on the Challenge Tour list won something like £800 from 15 tournaments.......should have gone to specsavers!
harpo_72
Journeyman Pro
Come on all expenses are tax deductable... So minimum tax free is £8140 something then your into the normal tax bands like all of us. If you live in a reasonable area or you opt to be out of the uk for more than 90 plus days straight your not taxed ... Honestly they could get away with paying no income tax in any country if they do it right.
harpo_72
Journeyman Pro
A good lifestyle can be had on £1000-1500 disposable, I.e. all your other out goings are covered like mortgage, elect, water etc....
D
Deleted member 18588
Guest
It beats me where some people get their ideas from!
Establishing domicile for tax purposes is not that simple. To become resident in some of the main tax havens you have to prove income & wealth plus the cost of living in many such places is phenomenal. Certainly it would not be viable for the vast majority of British European Tour pros'.
In_The_Rough
Tour Winner
Beats me where most of the people on this thread have got their figures from. All I know is that your average pro on the European tour earns far less than the average one in the USA
kid2
Money List Winner
It might be a tad out of date but it gives an idea of what they make and where it goes......
harpo_72
Journeyman Pro
You just have to prove to HMRC you are not here... you don't have to say I live in this country if you can prove that you are constantly on the move.
groundskeeperwilly
Q-School Graduate
Doesn't really relate to average tour pros but interesting reading here:
http://www.golfdigest.com/golf-tours-news/2012-02/top-earners#intro
http://www.golfdigest.com/golf-tours-news/2012-02/top-earners#intro
D
Deleted member 18588
Guest
Interesting concept; stateless for tax purposes!!
I strongly recommend that anyone wishing to try this first consults a good accountant. It will quickly become apparent that it just doesn't work like that.
