Jose Maria Olazabal’s Career Earnings

Last Modified May 12, 2024 12:10 GMT
European 2023 Ryder Cup Vice Captain Announcement
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Two-time Masters champion, Jose Maria Olazabal was born on February 5, 1966, and won 10 amateur titles from 1982 to 1985, after which he turned professional at the age of 19, and set out a successful golf career of straight 30 professional wins, with 23 wins on the European Tour.


Olazabal's record-breaking alliance with Seve Ballesteros during the Ryder Cup from 1987 to 2006 is among his most known accomplishments. They won 12 points as a team, going 11-2-2 total in four balls and foursomes, and received the nickname “Spanish Armada.”


Nevertheless, severe foot and back discomfort almost ended his career. At his worst, he was unable to walk and had to withdraw from the Ryder Cup in 1995 due to a series of misdiagnoses that made his condition worse.


But he bounced back in 1999, defeating Davis Love III by two strokes in the Masters Tournament. However, he never fully recovered, as he has struggled with foot issues ever since and played sometimes in full schedules and sometimes just missing more than half of it.


Olazabal was inducted into the World Golf Hall of Fame in 2009. He joined the Champions Tour in addition to playing on the PGA and European tours since turning 50 in 2016. Being a Masters champion, he has the privilege of playing in the Masters for a lifetime, and in his most recent 2024 Masters, he finished tied for 45th place with a score of 297, over 9.


What are Jose Maria Olazabal's Career Earnings in 2024?

According to Spotrac, Olazabal has a total career earnings of $12.8 million, with $12.4 from official events and $426,643 from unofficial events as of May 2024. Most recently, he competed in the Masters Tournament, finishing tied for 45th place with a total score of 297, over 9, earning $57,200; so far, this is the only event he has played in.


Jose Maria Olazabal’s year-by-year earnings are as follows:


Year

Official Event

Unoffical Events

Total Cash

Cumulative Cash

1985

-

-

-

-

1987

$7,470

$35,267

$42,737

$42,737

1989

$56,039

$50,773

$106,811

$149,548

1990

$337,837

$20,182

$358,018

$507,567

1991

$382,124

$5,040

$387,164

$894,730

1992

$63,429

$128,000

$191,429

$1,086,159

1993

$60,160

-

$60,160

$1,146,319

1994

$969,900

$9,882

$979,782

$2,126,101

1995

$213,415

-

$213,415

$2,339,516

1997

$173,589

-

$173,589

$2,513,105

1998

$208,486

-

$208,486

$2,721,591

1999

$865,167

-

$865,167

$3,586,757

2000

$320,971

-

$320,971

$3,907,728

2001

$458,678

-

$458,678

$4,366,406

2002

$1,987,027

-

$1,987,027

$6,353,433

2003

$479,155

-

$479,155

$6,832,588

2004

$495,050

-

$495,050

$7,327,638

2005

$1,764,227

-

$1,764,227

$9,091,865

2006

$2,120,422

$177,500

$2,297,922

$11,389,788

2007

$979,249

-

$979,249

$12,369,037

2008

$60,200

-

$60,200

$12,429,237

2009

$239,629

-

$239,629

$12,668,866

2011

$6,330

-

$6,330

$12,675,196

2012

$18,677

-

$18,677

$12,693,873

2013

$19,480

-

$19,480

$12,713,353

2014

$48,600

-

$48,600

$12,761,953

2021

$28,635

-

$28,635

$12,790,588

2024

$57,200

-

$57,200

$12,847,788

Total

$12,421,145

$426,643

$12,847,788

-


Jose Maria Olazabal's Career Earnings in 2023?

In the 2023 season, Olazabal competed in only three events; European Tour's Staysure PGA Senior Championship (T30), the Senior Open presented by Rolex (T134) and the 2023 Masters (cut), earning $4,245 (€3,936) and $1,593 (€1,477), respectively.


Jose Maria Olazabal’s tournament-by-tournament earnings are as follows:


Date

Tournament

Place

To Par

Total

Earnings

Aug 27, 2023

Staysure PGA Senior Championship

T30

8

296

$4,245

Jul 30, 2023

The Senior Open presented by Rolex

T134

-

-

$1,593

Apr 14, 2024

Masters Tournament

T45

9

297

$57,200


How much does Jose Maria Olazabal make per year?

It is not possible to estimate Olazabal’s annual earnings, given that his injuries nearly ended his career in 1995, and even after his 1999 Masters win, he had his share of ups and downs due to the foot injury, missing several events and at times seasons because of it.


Furthermore, golfers don’t usually have a fixed income, making it all the more difficult; however, on the basis of his total on-course career earnings of $12.8 million, his average annual income of nearly forty years is $329,680 as of May 2024. The latter amount cannot be confirmed, though.


When was Jose Maria Olazabal's highest prize money in a year?

Jose Maria Olabazal's highest prize money won in his nearly forty year career was at the 1999 Masters Tournament, where he defeated Davis Love III for a score of 280, under 8, earning $720,000.


His second highest prize money was from his win at the 2002 Buick Invitational, where he defeated J.L. Lewis and Mark O'Meara with a score of 275, under 13 by one stroke, earning $648,000.


His third highest was at the 2007 Players Championship, where he finished tied for third place with Stewart Cink for a score of 280, under 8, earning $522,000.


Sources –

José María Olazábal | PGA | Spotrac.com

15 Things You Didn't Know About Jose Maria Olazabal | Golf Monthly

Golfer Jose Maria Olazabal Biography and Career Details (liveabout.com)

José María Olazábal - Wikipedia

Wins & Results - José María OLAZÁBAL - Players - European Tour


FAQs

Q. What are Jose Maria Olazabal's career earnings in 2024?

A. In 2024, Jose Maria Olazabal's total career earnings amounted to $12.8 million, which includes $57,200 earned from the 2024 Masters Tournament.

Q. Who was the captain of the European Ryder Cup in 2012?

A. Jose Maria Olazabal was the captain of the European team at the 2012 Ryder Cup.

Q. How many majors did Jose Maria Olazabal win?

A. Jose Maria Olazabal won two Masters Tournaments in 1994 and 1999.

Q. How old is Jose Maria Olazabal?

A. Jose Maria Olazabal stands 5 feet 10 inches or 178 cm., tall.

Q. When was Jose Maria Olazabal's highest prize money in a year?

A. Jose Maria Olazabal's highest prize money in a year was $720,000, earned from winning the 1999 Masters Tournament.
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