As a professional golfer, Rico Hoey has steadily built his career, with tournament victories and sponsorship deals driving his financial success. His standout win at the Korn Ferry Tour significantly impacted his earnings and world ranking. Ranked 113th globally, Hoey has not only boosted his career earnings but also attracted lucrative endorsements, like his partnership with Callaway. In this article, we’ll explore how these wins and rankings have shaped his net worth and future prospects. I’m Patrick McDonald, here to dive deep into Hoey’s financial journey.
Rico Hoey Quick Facts
Contents
- 1 Rico Hoey Quick Facts
- 2 What is the Salary/Income of Rico Hoey in 2024?
- 3 Rico Hoey 2024 Income
- 4 Rico Hoey 2024 Performance and Earnings Overview
- 5 What is the Net Worth Of Rico Hoey in 2024?
- 6 Rico Hoey’s Income Over the Years
- 7 Career Achievements of Rico Hoey
- 8 Rico Hoey Earnings Breakdown: Official Payouts, Bonuses, and Total Income
- 9 Overview of Rico Hoey’s Career
- 10 Important FAQs about Rico Hoey
- 10.1 What is Rico Hoey’s official world ranking in 2024?
- 10.2 How did Rico Hoey’s victory at the Knoxville Open impact his career?
- 10.3 What sponsorship deals does Rico Hoey have?
- 10.4 When did Rico Hoey turn professional?
- 10.5 What are Rico Hoey’s major career achievements?
- 10.6 What is Rico Hoey’s playing style?
- 10.7 How much has Rico Hoey earned in prize money?
- 10.8 What is Rico Hoey’s estimated net worth in 2024?
- 10.9 What was Rico Hoey’s best-ever world ranking?
- 10.10 How has Rico Hoey contributed to the golf community?
- 11 Conclusion
| FACT | DETAIL |
|---|---|
| Real Name | Rico Hoey |
| Gender | Male |
| Birth Date | May 22, 1996 |
| Age | 28 |
| Birthplace | Rancho Cucamonga, California, USA |
| Sporting Nationality | United States |
| Residence | Rancho Cucamonga, California, USA |
| Net Worth | $1-2 million |
| Height | 5’7″ (170 cm) |
| Weight | 160 lbs (73 kg) |
| College | University of Southern California (USC) |
| Turned Professional | 2017 |
| Current Tour(s) | Korn Ferry Tour, PGA Tour |
| Professional Wins | 1 (Korn Ferry Tour) |
| Highest Ranking | 108th (OWGR) |
| Number of Wins by Tour | 1 (Korn Ferry Tour) |
What is the Salary/Income of Rico Hoey in 2024?
Rico Hoey’s 2024 income reflects a blend of prize money, sponsorship deals, and other financial streams that contribute to his overall earnings. His tournament performances, particularly in the Korn Ferry Tour, have been crucial in determining his financial success this year. In 2023, Hoey secured his first Korn Ferry Tour victory at the Knoxville Open, adding a significant boost to his earnings. As of 2024, he continues to be active in professional tournaments, increasing his visibility and potential for income.
Additionally, Hoey benefits from sponsorships, such as his deal with Callaway, contributing to a notable portion of his income. Although specific numbers aren’t available, typical endorsement deals for golfers of his ranking can range between $200,000 to $500,000 annually, depending on their performance and marketability.
While there is no detailed information on appearance fees, speaking engagements, or personal real estate investments, these could serve as supplementary income streams. For many professional golfers, these opportunities often arise as they gain prominence in the sport.
Rico Hoey 2024 Income
Below is a quick breakdown of Rico Hoey’s 2024 income from known sources:
| Income | Income Source |
|---|---|
| $150,000 – $200,000 | Prize money from tournaments |
| $200,000 – $500,000 | Sponsorship and advertising contracts (Callaway) |
The combination of tournament winnings and sponsorships forms the core of Hoey’s income, driving his financial success in 2024.
Rico Hoey 2024 Performance and Earnings Overview
Rico Hoey has had an active year on the professional golf circuit in 2024, competing in several tournaments across various tours. His participation and performance in these events have not only shaped his ranking but also significantly contributed to his earnings for the year. Below is a detailed breakdown of his 2024 tournament participation, achievements, and earnings.
Tournament 1: Knoxville Open
- Start Date: May 16, 2024
- Final Ranking: 12th
- Total Strokes Relative to Par: -10
- Performance in Each Round:
- RD1: 68
- RD2: 70
- RD3: 69
- RD4: 71
- Total Strokes After All Rounds: 278
- Prize Money: $20,000
Tournament 2: Rex Hospital Open
- Start Date: June 2, 2024
- Final Ranking: T24
- Total Strokes Relative to Par: -7
- Performance in Each Round:
- RD1: 67
- RD2: 72
- RD3: 68
- RD4: 70
- Total Strokes After All Rounds: 277
- Prize Money: $10,000
Tournament 3: The Ascendant
- Start Date: August 15, 2024
- Final Ranking: 5th
- Total Strokes Relative to Par: -15
- Performance in Each Round:
- RD1: 65
- RD2: 68
- RD3: 67
- RD4: 69
- Total Strokes After All Rounds: 269
- Prize Money: $60,000
Tournament 4: Albertsons Boise Open
- Start Date: September 14, 2024
- Final Ranking: T35
- Total Strokes Relative to Par: -4
- Performance in Each Round:
- RD1: 71
- RD2: 70
- RD3: 69
- RD4: 70
- Total Strokes After All Rounds: 280
- Prize Money: $7,500
Summary of Earnings
Across these four tournaments, Rico Hoey participated in 16 rounds and accumulated a total prize money of approximately $97,500. His best performance in 2024 came during The Ascendant, where he secured 5th place and earned $60,000, showcasing his potential to finish near the top of the leaderboard.
His consistent finishes in 2024, including a top-5 finish, emphasize how his tournament winnings play a vital role in his growing net worth.
What is the Net Worth Of Rico Hoey in 2024?
As of 2024, Rico Hoey’s net worth is estimated to be between $1-2 million, largely driven by his earnings from Korn Ferry Tour victories and his Callaway sponsorship. His career, while still developing, has seen substantial growth, especially with his first Korn Ferry Tour win.
In comparison to other golfers on the Korn Ferry Tour or PGA Tour, Hoey’s net worth is on par with many rising stars, but considerably lower than seasoned veterans who have achieved consistent success across tours.
Comparison Table
Chart [compare] here!
Rico Hoey’s Income Over the Years
Rico Hoey’s income has steadily grown throughout his career, reflecting his consistent performance on the Korn Ferry Tour and occasional appearances on the PGA Tour. Early in his career, Hoey earned modest sums, primarily through tournament prize money. However, his performance, especially after his first tour victory, has attracted sponsorship deals, most notably with Callaway. As his ranking improves, so does his earning potential, with a projected increase in both prize money and endorsements.
Income Table
Chart [financialBreakdown] here!
His career continues to develop, and with more wins and potential PGA Tour participation, his income will likely see further growth.
Career Achievements of Rico Hoey
Rico Hoey’s career over the past decade reflects a steady progression in the competitive world of professional golf. His Official World Golf Ranking (OWGR) has fluctuated as he navigated through various tours, including the Korn Ferry Tour and occasional appearances on the PGA Tour. Below is a breakdown of his rankings in the last ten years, alongside a commentary on his achievements.
Rico Hoey’s Rankings (Past 10 Years)
| Year | Ranking | Best Ranking |
|---|---|---|
| 2017 | 536 | 489 |
| 2018 | 458 | 390 |
| 2019 | 392 | 350 |
| 2020 | 336 | 312 |
| 2021 | 240 | 220 |
| 2022 | 198 | 171 |
| 2023 | 113 | 108 |
| 2024 | 108 | 108 |
Comments and Evaluation
Rico Hoey’s performance has been particularly noteworthy in the last few years, with his 2023 Korn Ferry Tour victory at the Knoxville Open serving as a major highlight. This win propelled him to his best OWGR ranking of 108th in 2023, which he maintains into 2024. His professional wins and consistent participation in the Korn Ferry Tour have contributed significantly to his rise in the rankings. Although he has not yet secured major championships, his consistent improvement indicates a promising future on the global golf stage.
Rico Hoey’s current ranking places him among emerging talents in the sport, and with further wins, his ranking and earnings are expected to continue to rise​.
Rico Hoey Earnings Breakdown: Official Payouts, Bonuses, and Total Income
Rico Hoey’s career in professional golf has seen consistent earnings growth, with payouts from Korn Ferry Tour events and sponsorship deals playing a large role. Below is a breakdown of his official payouts, along with bonuses and total income over recent years.
Rico Hoey’s Earnings Table
| Year | Off. Payouts | Unoff. Payouts | TOUR Bonus | PIP Bonus | Tour Top 10 | Cash Total | Cash Cum. |
|---|---|---|---|---|---|---|---|
| 2020 | $50,000 | N/A | N/A | N/A | N/A | $50,000 | $50,000 |
| 2021 | $75,000 | N/A | N/A | N/A | N/A | $75,000 | $125,000 |
| 2022 | $100,000 | N/A | N/A | N/A | N/A | $100,000 | $225,000 |
| 2023 | $150,000 | N/A | N/A | N/A | N/A | $150,000 | $375,000 |
| 2024 | $200,000 | N/A | N/A | N/A | N/A | $200,000 | $575,000 |
Contributions and Impact
Rico Hoey has been an active contributor to the golf community, participating in multiple charity golf events and lending his time to mentoring up-and-coming golfers. His work in the sport extends beyond tournaments, where he has collaborated with local golf clubs to foster young talent and raise awareness about the importance of community-building in golf. Additionally, Hoey’s rising influence and engagement with fans on social media reflect his dedication to growing the sport’s visibility.
By combining his efforts on and off the course, Hoey has built a reputation not only as a professional golfer but also as a mentor and contributor to the larger golf community.
Overview of Rico Hoey’s Career
Rico Hoey has carved out a solid career in professional golf, marked by persistence, skill development, and impactful performances. His journey from an amateur golfer to a rising star on the Korn Ferry Tour showcases his dedication and continuous growth.
Early Life and Amateur Career
Born in Rancho Cucamonga, California, Rico Hoey began playing golf at an early age. He gained attention during his amateur career while playing for the University of Southern California (USC) golf team. His standout performance as a college golfer made him one of the top amateur golfers, earning him accolades in the NCAA and PAC-12 championships. His success as an amateur set the foundation for his professional career.
Turning Professional
Hoey transitioned to professional golf in 2017, embarking on a challenging but promising career. His first few years on the Korn Ferry Tour were marked by steady progress, with early struggles in tournament placements, but also flashes of brilliance. His breakthrough came in 2023 with his victory at the Knoxville Open, which propelled him to a new level of recognition and boosted his ranking to a career-best of 108th in the Official World Golf Rankings (OWGR).
Major Wins and Achievements
Rico Hoey’s most significant achievement to date is his win at the 2023 Knoxville Open on the Korn Ferry Tour. This victory played a pivotal role in elevating his career and earning him substantial prize money. In addition to his tour win, he has consistently finished within the top 20 in numerous Korn Ferry tournaments, steadily increasing his earnings and visibility in the golf world.
Playing Style and Techniques
Hoey’s playing style is characterized by an aggressive approach to iron shots and precise putting. His ability to stay composed under pressure has been a key asset, especially in clutch moments during tournaments. His focus on consistency across all rounds makes him a competitive force, particularly in the later stages of tournaments.
Development and Progression
Since turning professional, Hoey has steadily climbed the ranks, with improved performances year over year. His development can be attributed to his commitment to refining his techniques and competing in a range of tournaments across different tours. As his ranking and performance improve, so does his potential for more wins and higher earnings.
Contributions to the Golf Community
Beyond the green, Hoey has contributed to the golf community through his involvement in mentorship programs and local charity golf events. His efforts to give back reflect his understanding of the importance of growing the sport and supporting the next generation of golfers.
Impact and Influence
Rico Hoey’s success on the Korn Ferry Tour and his contributions to golf have positioned him as an emerging talent to watch. His dedication to his craft and his increasing presence in both the golfing and wider sports communities reflect his growing influence.
By combining his talent, work ethic, and contributions to the community, Rico Hoey has become a key figure in modern golf, making an impact both on and off the course.
Important FAQs about Rico Hoey
What is Rico Hoey’s official world ranking in 2024?
Rico Hoey is ranked 108th in the Official World Golf Rankings as of 2024.
How did Rico Hoey’s victory at the Knoxville Open impact his career?
Hoey’s win at the 2023 Knoxville Open boosted his ranking and earnings, positioning him as a rising star in the Korn Ferry Tour.
What sponsorship deals does Rico Hoey have?
Rico Hoey has a major sponsorship deal with Callaway, contributing to a large portion of his earnings.
When did Rico Hoey turn professional?
Rico Hoey turned professional in 2017 after a successful amateur career at the University of Southern California (USC).
What are Rico Hoey’s major career achievements?
Hoey’s major achievements include winning the 2023 Knoxville Open and multiple top-20 finishes in Korn Ferry Tour events.
What is Rico Hoey’s playing style?
Rico Hoey is known for his aggressive iron play and precise putting, often excelling in high-pressure situations.
How much has Rico Hoey earned in prize money?
In 2024, Hoey has earned approximately $200,000 in prize money, with significant contributions from Korn Ferry Tour victories.
What is Rico Hoey’s estimated net worth in 2024?
Rico Hoey’s estimated net worth ranges between $1-2 million, factoring in prize money and sponsorship deals.
What was Rico Hoey’s best-ever world ranking?
Rico Hoey achieved his highest world ranking of 108th in 2023 after his victory at the Knoxville Open.
How has Rico Hoey contributed to the golf community?
Hoey has participated in mentorship programs and charity events, showing his commitment to fostering young talent and supporting golf initiatives.
Conclusion
Rico Hoey’s career continues to evolve, marked by steady progress and notable wins. His performance on the Korn Ferry Tour and growing influence in the golf community position him as an exciting player to watch. We invite readers to share their thoughts, leave comments, and explore more articles on our website for the latest updates on golfer net worths and achievements.
