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How much are pro cyclists making?
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I saw the tour results showing the prize money was...which is split amongst the team but hhat are the pro riders making for salary from the teams?
Say for example Garmin which has about 30 riders on its Pro team from top down what is the salary range?


Anybody know?
Last edited by: Kenny Powers: Jul 22, 13 15:27
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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according to http://www.cnbc.com/id/100862133

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auditors Ernst & Young put the average salary for a UCI ProTeam rider is at $142,000, but annual salaries for top riders in the Tour can go up to $5 million
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Re: How much are pro cyclists making? [robin, run] [ In reply to ]
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Sorry should have been more clear aside from the prize purse from the tour and races what are the salaries of todays cyclists?
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Re: How much are pro cyclists making? [robin, run] [ In reply to ]
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robin, run wrote:
according to http://www.cnbc.com/id/100862133

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auditors Ernst & Young put the average salary for a UCI ProTeam rider is at $142,000, but annual salaries for top riders in the Tour can go up to $5 million

If you deduct the $5 million for the top rider on a team, the average for the rest is $50-60K. A lot different than $142K. (not saying I am correct, just using the numbers reported.)
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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Most races pay very little prize money. For example, winning the KOM or Green jersey at the tour is worth $30K, a stage is $1,500. As you mentioned, all the $$$ a team wins at a race is typically pooled and divided equally among the riders and staff.

Your median Pro Tour rider makes mid-high 5 figures as a salary (I use median, since the few riders with mega-contracts really skew the average). Per the union agreement, riders must be paid at least the French minimum wage (not really an issue at the Pro Tour level except for new signings). Riders also get $$$ from any individual sponsorships (most have their own shoe contracts for example), appearance fees at post-TdF crits (anywhere from $1K-$50K a pop). Most also have bonus clauses in their team contracts for winning important races (ex. $100K for winning worlds, $75K for Paris Roubaix, etc.).

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Re: How much are pro cyclists making? [An Old Guy] [ In reply to ]
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You think some of the lower level riders on a Pro team are making $50 to $60k /year?
interesting if true.

I would have thought they would do a minimum of $120K or so and then go up to a million or two depending on the rider and performance.

I would also think you could double or triple your salary based on performance.

I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...
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Re: How much are pro cyclists making? [An Old Guy] [ In reply to ]
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An Old Guy wrote:
robin, run wrote:
according to http://www.cnbc.com/id/100862133

Quote:
auditors Ernst & Young put the average salary for a UCI ProTeam rider is at $142,000, but annual salaries for top riders in the Tour can go up to $5 million


If you deduct the $5 million for the top rider on a team, the average for the rest is $50-60K. A lot different than $142K. (not saying I am correct, just using the numbers reported.)

If you are talking Protour, $50-60 k is below minimum, so, not possible to be the average.


Steve

http://www.PeaksCoachingGroup.com
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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I see no reason to doubt that figure. He had a nice house and porsche before he got cancer. He also managed to pay for the best team of doctors.. Those thungs aren't cheap.

who's smarter than you're? i'm!
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Re: How much are pro cyclists making? [veganerd] [ In reply to ]
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Facts and figures http://velonews.competitor.com/...gher-salaries_225328

Lance had several companies help offset medical costs if I remember correctly

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Re: How much are pro cyclists making? [S McGregor] [ In reply to ]
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S McGregor wrote:
An Old Guy wrote:
robin, run wrote:
according to http://www.cnbc.com/id/100862133

Quote:
auditors Ernst & Young put the average salary for a UCI ProTeam rider is at $142,000, but annual salaries for top riders in the Tour can go up to $5 million


If you deduct the $5 million for the top rider on a team, the average for the rest is $50-60K. A lot different than $142K. (not saying I am correct, just using the numbers reported.)


If you are talking Protour, $50-60 k is below minimum, so, not possible to be the average.

I just did the obvious math. It seems to be consistant with the numbers in the link posted by JustinNorCal - $42K minimum.

But if you know the minimum, why don't you state it?
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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I have a friend who is a pro. I think he pulls in a salary of ~$8-11K/yr from his team. UCI Pro Tour minimums are something like $125K/yr. Fabian Cancellera recently signed a 3-yr contract for 3M euro/yr.

IOW, the range varies as much as any other profession.

---
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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Currently, the UCI-mandated salary minimums for Pro Continental riders are €23,000 ($29,000) for neo-pros and €27,500 ($34,500) for all others. ProTeam minimums are €26,700 ($33,500) for neo-pros and €33,000 ($41,500) for all others. Overall, the average ProTeam salary in 2012 is €264,000 ($331,500).
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Re: How much are pro cyclists making? [veganerd] [ In reply to ]
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He also won the world championships several years before coming down with cancer. Rainbow bands on your sleeves probably changes your salary bracket (and your sponsor roster).
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Re: How much are pro cyclists making? [merlinkim] [ In reply to ]
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merlinkim wrote:
He also won the world championships several years before coming down with cancer. Rainbow bands on your sleeves probably changes your salary bracket (and your sponsor roster).
ahh that would be the reason then...is there a list anywhere of what he won in his career?
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Re: How much are pro cyclists making? [An Old Guy] [ In reply to ]
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An Old Guy wrote:
S McGregor wrote:
An Old Guy wrote:
robin, run wrote:
according to http://www.cnbc.com/id/100862133

Quote:
auditors Ernst & Young put the average salary for a UCI ProTeam rider is at $142,000, but annual salaries for top riders in the Tour can go up to $5 million


If you deduct the $5 million for the top rider on a team, the average for the rest is $50-60K. A lot different than $142K. (not saying I am correct, just using the numbers reported.)


If you are talking Protour, $50-60 k is below minimum, so, not possible to be the average.


I just did the obvious math. It seems to be consistant with the numbers in the link posted by JustinNorCal - $42K minimum.

But if you know the minimum, why don't you state it?
Teams with an average budget aren't paying $5m salaries. That's for the teams with deep pockets like Sky or BMC.
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Re: How much are pro cyclists making? [gregf83] [ In reply to ]
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gregf83 wrote:
Teams with an average budget aren't paying $5m salaries. That's for the teams with deep pockets like Sky or BMC.

I just took the numbers from the linked article and did the math. You can do whatever math you want. You can have whatever opinion you want.

Hell, you can turn pro and see what they offer.
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Re: How much are pro cyclists making? [An Old Guy] [ In reply to ]
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An Old Guy wrote:
gregf83 wrote:
Teams with an average budget aren't paying $5m salaries. That's for the teams with deep pockets like Sky or BMC.


I just took the numbers from the linked article and did the math. You can do whatever math you want. You can have whatever opinion you want.

Hell, you can turn pro and see what they offer.

I just did. They referred to this thread and offered me the average.
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Re: How much are pro cyclists making? [MonkeyClaw] [ In reply to ]
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MonkeyClaw wrote:
UCI Pro Tour minimums are something like $125K/yr.
I doubt that it's that high.

Kenny Powers wrote:
merlinkim wrote:
He also won the world championships several years before coming down with cancer. Rainbow bands on your sleeves probably changes your salary bracket (and your sponsor roster).

ahh that would be the reason then...is there a list anywhere of what he won in his career?
Try this http://lmgtfy.com/...+Armstrong+victories


http://www.jt10000.com/
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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A mate of mine just got a 100k bonus - kid on his team won a big race in Europe last weekend. Sweeeeeeeeet.

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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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It is a shorter list than it used to be!
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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Kenny Powers wrote:
I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...


Lance was a world champion and multiple TDF stage winner, as well as a classics winner. All pre-cancer.

I'd absolutely expect him to be pulling in a million plus in salary alone.
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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Re: How much are pro cyclists making? [needmoreair] [ In reply to ]
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needmoreair wrote:
Kenny Powers wrote:

I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...



Lance was a world champion and multiple TDF stage winner, as well as a classics winner. All pre-cancer.

I'd absolutely expect him to be pulling in a million plus in salary alone.

yep, except how many people here do you expect to know anything about Fleche Wallonne and the Classica San Sebastian?

actually, screw that; how many people here do you think even know what a classic is?
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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jackmott wrote:
I know the women make about $0 on average.

=)

And there is a large swath of pro riders who race lower level UCI events (anyone heard all the excitement over the upcoming Tour of Romania?) whose sponsorship only covers bikes, clothes and travel. They need to work an off season job, have a supportive family/spouse, live like a bike bum or collect race winnings to get by. They are generally trying to make an impression to jump up to the next level, but some have slipped out of the major pro tour ranks and still love to race. It is an interesting side of pro cycling that gets very little notice but I have some friends who are "living the dream" in the lower level UCI stuff.
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Re: How much are pro cyclists making? [echappist] [ In reply to ]
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echappist wrote:
needmoreair wrote:
Kenny Powers wrote:

I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...



Lance was a world champion and multiple TDF stage winner, as well as a classics winner. All pre-cancer.

I'd absolutely expect him to be pulling in a million plus in salary alone.


yep, except how many people here do you expect to know anything about Fleche Wallonne and the Classica San Sebastian?

actually, screw that; how many people here do you think even know what a classic is?


I dunno. Doesn't matter much. Dude won prolifically in the US and abroad. Earned the money. That's all.
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Re: How much are pro cyclists making? [dgran] [ In reply to ]
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dgran wrote:
jackmott wrote:
I know the women make about $0 on average.

=)


And there is a large swath of pro riders who race lower level UCI events (anyone heard all the excitement over the upcoming Tour of Romania?) whose sponsorship only covers bikes, clothes and travel. They need to work an off season job, have a supportive family/spouse, live like a bike bum or collect race winnings to get by. They are generally trying to make an impression to jump up to the next level, but some have slipped out of the major pro tour ranks and still love to race. It is an interesting side of pro cycling that gets very little notice but I have some friends who are "living the dream" in the lower level UCI stuff.


That describes a good chunk of domestic riders in any country, including the US. I used to ride with a few domestic pros and almost all of them worked in the winter to try and save up enough to get through the race season.

Totally sh!t job, honestly. Very little financial independence and one bad crash can put you in the hurt locker in more ways than one.

I was always jealous, though, and dying to make the breakthrough myself.
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Re: How much are pro cyclists making? [needmoreair] [ In reply to ]
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seems like most sports have a pretty sharp change in income.

basically 0 at the minor league level then suddenly really good at the top level.

what if engineering was like that? heh



Kat Hunter reports on the San Dimas Stage Race from inside the GC winning team
Aeroweenie.com -Compendium of Aero Data and Knowledge
Freelance sports & outdoors writer Kathryn Hunter
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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Quote:
seems like most sports have a pretty sharp change in income.
basically 0 at the minor league level then suddenly really good at the top level.

what if engineering was like that? heh

I'd guess you'd either try to be at the top or find something else to do...especially if you were relied on the income to get by in life.


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Re: How much are pro cyclists making? [Mat Steinmetz] [ In reply to ]
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Re: How much are pro cyclists making? [An Old Guy] [ In reply to ]
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Yep, sorry. Was not thinking and confused what some typical neopros were making with the minimum.

Carry on.


Steve

http://www.PeaksCoachingGroup.com
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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If you want to be an engineer at the top ranks of an R&D organization you had better love it. It's equal parts vocation, obsession and profession.

Less is more.
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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A little insight into the mind set of low level low paid pro athletes.

The son of a friend of mine is in his 3rd year in minor league baseball after graduating from college. He is not a prospect and probably will never make it beyond AA. I think he is making something like $1000/mo plus a meal per diem during the season. In the off season he works camps and clinics and has a part time job but he is still probably not earning more than $20K a year. ( he did get a free college education from baseball which puts him light years ahead of most low level pro cyclists).

His view is he that at least for the first 3 years, he is making more money than his college buddies who went to law school and not that much less than a typical MOP college graduate. And he is having way more fun . . . . His plan is to move on when it stops being fun and he does not expect to be doing this very long. He's got a degree and should be able to parlay 3 or 4 years as a professional baseball player into a better job than he would have gotten as some run of the mill college graduate. He's also gotten to be pretty good friends with some young millionaires as they pass through on their way up so between that and the fact he is a minor hometown hero, his prospects are good.

All and all, not a bad way to spend a few years while you are young.
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Re: How much are pro cyclists making? [Big Endian] [ In reply to ]
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Big Endian wrote:
If you want to be an engineer at the top ranks of an R&D organization you had better love it. It's equal parts vocation, obsession and profession.

Are they paying $12k/year?

Apples/oranges
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Re: How much are pro cyclists making? [AaronT] [ In reply to ]
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This is a thread about pro cyclists... but Jack and Mat Steinmetz pulled in a comparison against engineering salaries so I put in my opinion regarding the level of commitment people apply to their "job" vs. something like cycling. It's apples and oranges only because engineering, by and large, is not a spectator sport and doesn't usually require feats of exceptional physical strength, coordination, or agility and the mental leaps required are hard for a play-by-play announcer to describe ;) .

Less is more.
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Re: How much are pro cyclists making? [Big Endian] [ In reply to ]
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Re: How much are pro cyclists making? [needmoreair] [ In reply to ]
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needmoreair wrote:
Kenny Powers wrote:

I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...



Lance was a world champion and multiple TDF stage winner, as well as a classics winner. All pre-cancer.

I'd absolutely expect him to be pulling in a million plus in salary alone.

Also, I believe in the early 90's he won a race (or maybe a series) where the purse was $1 million.
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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AS far as rider salaries go I'd suggest that Pro male cycling is a better paying job than most. The riders on a Protour team probably split a much higher % of the teams income than almost any other type of business.

Pro Football for instance has about a 50/50 split of profits with plays, I bet BMC mgt does get have of the profits, and the engineers at IBM don't get anywhere near 1/2 the profit to split.

I like womans racing, but in most cases its likely a losing operation as a business. If anyone here wants to start a Pro womens team its easy (relative to a Protour or NFL team) Just find some sponsers and hire some riders. Heck ecven my non racing riding club gets some sponsership. The downside is unless you are very astute at running a team you will be digging into yor pocket to keep a team afloat even with paying next to nothing for salaries.

I suspect that Katie Compton and K Armstrong made as much as the next 50 best paid women combined over the past 6 -7 years in the US.

Styrrell
Last edited by: styrrell: Jul 23, 13 7:41
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Re: How much are pro cyclists making? [jamlo] [ In reply to ]
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Yes but it really was an annuity and was split with the team. He never cashed a check for 1 million. He was likely making well over 1 mil when he got cancer though

Styrrell
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Re: How much are pro cyclists making? [Big Endian] [ In reply to ]
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Rather than engineers who actually have 9-5 engineering jobs, low level professional athletes are more like the 25 year old guy who has 4 roommates and a crappy day job to pay for the shop in his garage he spends all his free time in working on his invention (or, to put a modern twist on it, his "app"). His engineering is a passion and obsession, not a "job." By the time he is 30, he'll either be a millionaire or move on.
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Re: How much are pro cyclists making? [STP] [ In reply to ]
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I like the analogy.
He is the guy building computers in his moms basement.

most of those guys went nowhere but a few ended up being Dell or Jobs

STP wrote:
Rather than engineers who actually have 9-5 engineering jobs, low level professional athletes are more like the 25 year old guy who has 4 roommates and a crappy day job to pay for the shop in his garage he spends all his free time in working on his invention (or, to put a modern twist on it, his "app"). His engineering is a passion and obsession, not a "job." By the time he is 30, he'll either be a millionaire or move on.



Kat Hunter reports on the San Dimas Stage Race from inside the GC winning team
Aeroweenie.com -Compendium of Aero Data and Knowledge
Freelance sports & outdoors writer Kathryn Hunter
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Re: How much are pro cyclists making? [jamlo] [ In reply to ]
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Yeah the triple crown, Lance has said that he never received most of the money.
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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jackmott wrote:
seems like most sports have a pretty sharp change in income.

basically 0 at the minor league level then suddenly really good at the top level.

what if engineering was like that? heh


Any pro sport is basically entertainment when it comes to the economics. Supply and demand. Same as anywhere. Freaking Kim Kardashian is a millionare.
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Re: How much are pro cyclists making? [jamlo] [ In reply to ]
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jamlo wrote:
needmoreair wrote:
Kenny Powers wrote:

I remember reading from the Lance Armstrong book that he said he was making a million dollar salary before he got cancer. I really dont believe that though..like everything that comes out of his mouth...



Lance was a world champion and multiple TDF stage winner, as well as a classics winner. All pre-cancer.

I'd absolutely expect him to be pulling in a million plus in salary alone.


Also, I believe in the early 90's he won a race (or maybe a series) where the purse was $1 million.


Yep, three races. US Pro championships, a stage race in WV, and one other.

Sorta a joke. Some "dealings" alleged on Lance's ends.
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Re: How much are pro cyclists making? [dgran] [ In reply to ]
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dgran wrote:
jackmott wrote:
I know the women make about $0 on average.

=)


And there is a large swath of pro riders who race lower level UCI events (anyone heard all the excitement over the upcoming Tour of Romania?) whose sponsorship only covers bikes, clothes and travel. They need to work an off season job, have a supportive family/spouse, live like a bike bum or collect race winnings to get by. They are generally trying to make an impression to jump up to the next level, but some have slipped out of the major pro tour ranks and still love to race. It is an interesting side of pro cycling that gets very little notice but I have some friends who are "living the dream" in the lower level UCI stuff.

These are the people who really move me personally. Good enough (great enough!) to make the minors. 100% massive work and dedication with very little to show for it. Gotta love em.
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Re: How much are pro cyclists making? [Jason80134] [ In reply to ]
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it is...thats all it is.
Most Pro Athletes that are in the top 10% of their perspective sports have lives that resemble gong shows for the most part.
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Re: How much are pro cyclists making? [Kenny Powers] [ In reply to ]
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Track & Field , not cycling but pretty detailed info.


http://trackandfieldathletesassociation.org/...lete-survey-results/

Styrrell
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Re: How much are pro cyclists making? [jackmott] [ In reply to ]
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Paraphrased this from another forum - In a profession where there's no/low barrier to entry and no lasting product produced from the output, 90% of the people will never make any money, 9% may make a good living, and the remaining 1% can make a very good living.

Covers sports, entertainment etc... If your sport doesn't have a lot of money in play, that 1% can be a handful of people just barely making a living.
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