Patrick Reed is a professional American golfer known for his success on the PGA Tour. With nine tournament victories, including one major championship and two World Golf Championships, Reed has established himself as one of the top players in the sport. In 2022, he made headlines by joining LIV Golf, a new international league.
Reed's talent and dedication have earned him a spot on multiple international teams, including the United States Ryder Cup and Presidents Cup teams. His performances in the Ryder Cup, in particular, have earned him the nickname "Captain America," a nod to his unwavering patriotism and fierce competitiveness on the course. Reed will remain a top contender in professional golf for years with his outstanding track record and competitive spirit.
What are Patrick Reed’s Career Earnings as of 2023
As of 2023, Patrick Reed has amassed a considerable fortune from his thriving career as a professional golfer. His career earnings are estimated to be around $37,000,000, a testament to his talent and consistency on the PGA Tour. Reed's earnings come from different sources, including prize money from his numerous tournament wins and endorsement deals, such as Nike, Titleist, Rolex, and Mercedes-Benz.
After joining the LIV tour, Patrick Reed earned around $1.5m per event, earning more than $12m in one season! He recently competed in LIV Golf Orlando, where Reed finished T-3 with Dean Burmester and earned $1,275,000. After LIV, Reed returned to the greens of Augusta to play Masters 2023 and has reportedly earned $744,000.
While the precise figure of Reed's yearly salary is not publicly known, it is believed to be upwards of $5 million. This salary likely comes from tournament winnings, endorsement deals, and other sources.
Patrick Reed’s Contract
As a professional golfer, Patrick Reed's contracts are mainly focused on endorsement and sponsorship deals with major companies. These deals are a significant source of income for him, although the financial details are not typically disclosed to the public.
Some of the companies that Reed has signed endorsement deals with include Titleist, Nike, Hublot, BioSteel, and JustOne. Titleist sponsors Reed for his golf equipment, while Nike has a deal that includes him wearing their apparel and shoes during tournaments. Reed partners with JustOne, a charitable organization that focuses on providing clean water to those in need. Reed's exact earnings from these deals are unknown, but it's estimated that his Nike deal is worth around $2 million per year. As a high-performing golfer, Patrick Reed's contracts are tailored to leverage his success and popularity on and off the golf course.
Patrick Reed’s Salary
Patrick Reed's career as a professional golfer began in 2011, and since then, he has achieved significant success on the PGA and European Tours. He has earned total career earnings of $37,024,982, averaging $3,365,907 prize money per year.
According to Spotrac, Patrick Reed's annual earnings are as follows, with event details:
2011: $20,058
2012: $327,977
2013: $1,961,519
2014: $4,026,076
2015: $3,880,566
2016: $6,152,075
2017: $3,175,111
2018: $5,151,267
2019: $4,552,177
2020: $5,460,060
2021: $4,464,044
2022: $1,747,985
2023: $744,000