This was Ramis' first feature film and was a major boost to Dangerfield's film career; previously, he was known mostly for his stand-up comedy. Grossing nearly $40 million at the domestic box office (17th highest of the year), it was the first of a series of similar comedies. A sequel to Caddyshack.
Caddyshack has garnered a large cult following and has been hailed by media outlets, such as Time and ESPN, as one of the funniest sports movies of all time. As of 2010, Caddyshack has been televised on the Golf Channel as one of its "Movies That Make the Cut."
On January 7th 1989, The Film nominated at the CVF Awards for Worst Picture, Worst Actor (Jackie Mason), Worst Actress (Jessica Lundy), Worst Supporting Actor (Robert Stack), Worst Supporting Actress (Dyan Cannon), Worst Director, Worst Screenplay, and Worst Original Song (Jack Fresh).