"aggregate number of yards," 1900 in sports, from yard (n.2) + -age.
Entries linking to yardage
yard n.2
measure of length, Old English gerd (Mercian), gierd (West Saxon) "rod, staff, stick; measure of length," from West Germanic *gazdijo, from Proto-Germanic *gazdjo "stick, rod" (source also of Old Saxon gerda, Old Frisian ierde, Dutch gard "rod;" Old High German garta, German gerte "switch, twig," Old Norse gaddr "spike, sting, nail"), from PIE root *ghazdh-o- "rod, staff, pole" (source also of Latin hasta "shaft, staff"). The nautical yard-arm retains the original sense of "stick."
Originally in Anglo-Saxon times a land measure of roughly 5 meters (a length later called rod, pole, or perch). Modern measure of "three feet" is attested from late 14c. (earlier rough equivalent was the ell of 45 inches, and the verge). In Middle English and after, the word also was a euphemism for "penis" (as in "Love's Labour's Lost," V.ii.676). Slang meaning "one hundred dollars" first attested 1926, American English. Middle English yerd (Old English gierd) also was "yard-land, yard of land," a varying measure but often about 30 acres or a quarter of a hide.
-age
word-forming element in nouns of act, process, function, condition, from Old French and French -age, from Late Latin -aticum "belonging to, related to," originally neuter adjectival suffix, from PIE *-at- (source of Latin -atus, past participle suffix of verbs of the first conjugation) + *-(i)ko-, secondary suffix forming adjectives (see -ic).