Bernhard Langer's caddie Terry Holt is a professional golfer from Germany. He has won a professional golf event on six continents.
Caddy since 2007, Terry Holt has been employed by Langer. He claims that out of all the athletes he has seen, Irwin, Ballesteros, Tiger Woods, and Langer stand out as possessing an unquenchable thirst for victory.
It's one of the reasons Holt decided to work for Langer even though the German was in his late 40s and many people had already written him off as having little chance to compete on the tours of the younger man.
Bernhard Langer Caddie Terry Holt's Net Worth
Caddie Terry Holt is one of the wealthiest Caddies and has an estimated net worth of $4 million.
He became a field companion to Bernhard Langer in 2007, who has won each professional golf event on six continents. Besides that, Terry, Of course, not every caddy can boast of receiving this much money, but Terry worked hard to build his name and has been paired with numerous famous golfers. His progression over the years led to him being ranked as the best-paid caddy worldwide in 2022.
His income is influenced by his pay, as well as a few other sources. He could, for example, receive a cut of a player's profits. Caddie's salary is not precisely fixed though the rate has been defined. Caddies get a high amount of pay sometimes.
How Caddies Get Their Pay
Caddy salaries on the PGA Tour can range from $238,000 to $502,000. Professional caddies receive a variable percentage of their golfer's earnings, usually between 5 and 10%. Country club amateur caddies can earn up to $75 per hour, not counting gratuities, and start at $20 per hour.
However, the money caddies receive as their base salary is used for expenses like travel and lodging. Thus, caddies occasionally risk losing money if a player fails. Due to the LPGA's lower wage than the PGA, which results in a higher caddy proportion, things can also be challenging. However, several competitions are raising their prize money.
If the golfer is one of the most successful ones on the Tour, the regular LPGA caddy's pay might potentially treble. If the caddy's contract had a generous rate, a $1,000,000 win would net them $100,000. According to reports, some of the most accomplished PGA Tour caddies earn well over a million dollars annually.
After being the world's richest golfer, Tiger Woods gave his caddie Joe LaCava $5.4 million during the 2018 PGA Tour season to put this into perspective. When caddies work with brands, they earn more money. The potential earnings from endorsements for caddies who work for well-known golfers like Tiger Woods, Rory McIlroy, and Phil Mickelson total $200,000 annually.
Bernhard Langer's Caddie Terry Holt Career So Far
Since 2007, Langer and Terry Holt have collaborated as he decided to work for Langer even though the German was in his late 40s.
Many had already written him off as having little chance to compete on the tours of the younger man. Langer lost to Rory Sabbatini in a playoff at the PGA Tour's Crowne Plaza Invitational a few months after the duo formed a team.
Although Bernhard Langer and Terry Holt may not appear similar, they have more in familiar than one might initially think. They are among the best player-caddie combinations in PGA Tour Champions history partly because of this. At the 2007 Honda Classic, Holt took over Langer's bag, claiming that in addition to their commitment and dedication, their capacity to persevere despite adversity is a crucial component of their chemistry. Instead of tossing it away, Holt claims that "he wants to work it out."
Holt, an English native who now resides in Jacksonville, Florida, has been a caddy for many years. He has been with many outstanding players of all time, but he has a different vibe from Bernhard Langer.