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No Laying Up - Golf Podcast

1125: Finances of Being a Pro Golfer

No Laying Up - Golf Podcast

NoLayingUp.com

Golf, Sports

4.77.5K Ratings

🗓️ 4 March 2026

⏱️ 106 minutes

🧾️ Download transcript

Summary

For this episode we're graced with the return of Denny Cash to talk about the finances of professional golfers across all levels of the game with interviews featuring PGA Tour veteran Steve Wheatcroft, Korn Ferry Tour player James Nicholas, aspiring Korn Ferry Tour caddie Ryan Murray, and LPGA Tour veteran Lauren Coughlin. Join us in our support of the Evans Scholars Foundation: ⁠⁠⁠⁠https://nolayingup.com/esf⁠ Support our Sponsors: Titleist Rhoback Pinehurst If you enjoyed this episode, consider joining⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Nest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: No Laying Up’s community of avid golfers. Nest members help us maintain our light commercial interruptions (3 minutes of ads per 90 minutes of content) and receive access to exclusive content, discounts in the pro shop, and an annual member gift. It’s a $90 annual membership, and you can sign up or learn more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nolayingup.com/join⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to the No Laying Up Newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://newsletter.nolayingup.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to the No Laying Up Podcast channel here: https://www.youtube.com/@NoLayingUpPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Be the right club.

0:07.0

Be the right club today.

0:09.0

Yes.

0:10.0

Johnny, that's better than most.

0:16.0

How about him?

0:18.0

That is better than most.

0:20.0

Better than most. Better than most.

0:26.8

Ladies and gentlemen, welcome back to the No Laying Up podcast, presented, as always, by our friends at Titleist.

0:33.8

The first hour of this pod is going to be ad-free, thanks to those very friends at Titleist.

0:38.7

Just want to give a quick shout-out. They just posted Neal's playing lesson with Russell Henley on

0:43.2

YouTube. Lots of cool nuggets in there. Go check it out. Today's episode is on a topic I've wanted to

0:49.4

dive into for a long time. The finances of professional golf.

0:55.6

PJ tour money list.

1:00.2

It used to be the end all, be all determinant of success in professional golf.

1:04.2

And it kind of goes against everything we're taught in society about money,

1:07.4

which is that you shouldn't talk about how much money you make or how much you spend.

1:09.3

In professional sports, it's different.

1:10.6

Earnings are mostly public,

1:29.2

and I'm definitely guilty of just assuming because someone has made $10 million on the PGA tour that they're set for life. People just look at the big number. Like, how much did you make on tour? It's like, yeah, I made that much technically, but... I was a lot older than I'd like to admit when I started to learn a little bit more about the expense side of being a touring professional.

2:17.7

Flights, hotels, caddy fees, coaches, mental coaches, physical therapists, country club fees, rental cars. The expenses really do add up. My last year on the corn fray tour, like I said, I made $108,000, but I probably spent $108,000 to do my job that year. So it's like, that's a push. In this episode, we're going to break down a ton of this stuff. You're going to hear from a lot of people. First up is going to be our old friend Denny Cash, who is sort of a catch-all representative of all the interviews we did anonymously for this podcast. If you didn't listen to the prior Denny Cash episode that we did, the quick synopsis, look, it's a lot easier to get some of the behind-the-scenes golf people to tell you stuff if they don't have to put their name on it and speak it into a microphone. Not a lot of agents or managers want to be on a microphone talking about their players specifically about how much money they're making.

2:23.2

So to kind of add a layer of vagueness to all of this, Denny is going to be kind of playing the role of five or six different interviews that I did for this podcast, all kind of combined

2:28.0

into one. Just call them an industry expert agent. Again, this will make sense when you start

...

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