How much does it really cost to start at a major tournament?

Participating in a major tournament like the U.S. Open is considered a career milestone. But behind the scenes, many players face a less visible opponent: the cost. For many professionals, especially those outside the top 50 a major appearance is far from a financial guarantee.

To even make the U.S. Open field, numerous players must battle through two stages of qualifying. American pro James Nicholas documented his expenses for the 2025 edition on Instagram. His total outlay including qualifying fees, flights, accommodation, meals, and caddie fees amounted to $7,220. Although Nicholas made the cut and finished T61, earning just under $43,500, his net profit only came after all expenses were deducted – solid, but far from guaranteed.

James Nicholas: U.S. Open 2025 Income and Expenses

Caddie expenses often weigh most heavily. Many players agree to flat daily rates plus performance bonuses—typically around ten percent of the winnings. Living costs, such as rental cars, lodging, and meals, add up quickly if not covered by sponsors or the tournament itself. Missing the cut can easily result in thousands of dollars lost. Fortunately for Nicholas, making the cut in his first major meant a respectable net profit of about $35,000.

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J.J. Spaun Wins the U.S. Open – But Faces Massive Taxes

With his victory at the 2025 U.S. Open, J.J. Spaun achieved a career-defining moment and claimed a winner’s check worth approximately $4.3 million. A phenomenal sporting and financial success, but one with hidden costs. According to “GolfWRX”, Spaun will owe about $1.7 million in federal and state taxes based on current U.S. tax codes. On top of that, his caddie, Mark Carens, is expected to receive a customary 10% share, roughly $430,000. That leaves Spaun with an estimated net payout of $2.58 million. Still a great return, but far less than the headline number.