Michael Greller used to be a teacher, but left his job to become the 21-year-old Spieth's caddie. Now Greller, 37, has made $375,000.
From Business Insider:
While we don't know the exact details of Greller's contract with Spieth, it's fair to say he's making more now than he could have teaching. According to Golf Digest's Undercover Pro, caddies on the modern PGA Tour typically get paid a base salary for $1,300-$1,800 per week with additional results-based bonuses. Traditionally, that bonus structure is 5/7/10 (5% of winnings for a made cut, 7% of winnings for a top-10 finish, and 10% of winnings for a tournament win).
In the last 30 days Spieth has two second-place finishes and two wins, including the Masters (a $1.8 million prize), for a total of $4.1 million in winnings. Under the traditional rates, Greller stands to have made $375,000 in performance bonuses alone during that period.
