Jon Rahm finished runner-up at the PGA Championship 2025, earning around £1.5m — but after US federal and Pennsylvania state taxes, plus caddie fees, the Spaniard is set to pay nearly £1m in deductions
Jon Rahm finished T2 at the PGA Championship, three shots behind Aaron Rai(Image: Photo by Emilee Chinn/Getty Images)
Top golfer Jon Rahm is set to lose nearly £1m in prize money from his PGA Championship winnings in 2025. The revelation concerning Rahm’s prize money emerges after the star admitted he was concentrating on delivering his finest form amid LIV Golf’s recent troubles, especially considering the circuit’s questionable future with financial backing due to cease at the conclusion of the 2026 campaign.
Having finished second, the runner-up would have collected around £2m as the outright holder of that spot. Nevertheless, as Rahm concluded level with Alex Smalley at 6-under, the Spaniard will receive £1.5m before deductions.
The situation transforms drastically once levies and supplementary charges are factored in. With the highest federal rate for individuals in the United States standing at 36%, Rahm is forecast to surrender roughly £500,000 of his allocated prize money immediately.
On top of that, Rahm’s earnings are also liable to Pennsylvania’s flat state income tax rate of 3.07%, given that Aronimink Golf Club staged the tournament. This means £55,382.80 will be taken from the nearly £2 million Rahm was set to collect for his T2 placing, reports the Express US.
Caddie payments represent another consideration, with Adam Hayes poised to pocket a considerable amount. Generally, caddies collect between 10 and 15 per cent of the prize money, though the exact percentage remains a private arrangement between both parties.
With this in mind, Hayes is likely to earn somewhere between £180,400 and £270,600. In total, Rahm can anticipate losing between £903,262.80 and £993,462.80 – more than half of his overall prize money. It’s worth noting that these calculations don’t include standard business write-offs, agent commissions, or travel and coaching costs.
Despite coming second, Rahm was gracious in his praise for Rai, who secured his maiden major championship at Aronimink and doubled his net worth. “I haven’t spent a lot of time with him,” Rahm confessed during his round.
“But I have heard consistently there’s very few people that are nicer and kinder human beings than Aaron Rai. Anybody that wears or uses head covers in his irons because he coveted his irons when he was a kid so much that he wanted to respect the equipment so much, and to still do it? Yeah, exactly, he’s still doing it shows a lot about a person.” Reflecting on his own display, Rahm said: “I played really good golf. That’s the only way to look at it. Just wish I’d have done better with the speed of the greens. Just couldn’t seem to get it to the hole, and that’s the reason why I didn’t hole any more putts.
“Even though, even so, what Aaron did today, catching him could have been very difficult. I don’t know if could happen, but I would have liked a better chance playing the last two holes. I feel like I was still close on that play 16 until he made that long putt.”
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