Why would it not be an error? What would they have to gain to do this then change their minds?

.

Why would it not be an error? What would they have to gain to do this then change their minds?

.

I agree with this, but also am seriously curious as to how you accidentally make this error?

Dark Mark is running point on locations for happy hours, race day shenanigans, and the 7th place awards ceremony. Follow us on twitter or watch my blog for details. I won't announce it too far in advance because my friends at Ironman have already sabotaged one of my events (in The Woodlands) by threatening the bar manager. Because they are willing to employ dirty tactics, we need to be a little more stealth.

TRS,
Couple of quick things....
1) Good on ya for shinning some light on the original issue (money stopping at 6th and lame money at that) and how that speaks to the bigger issue - pro purses are too small, too shallow.
2) Good on ya for being what we must assume is the factor in WTCs change in IMLP pay out.
3) What are you going to do with the money that has been put in (my measly $10 and I've been promoting this a bit before the chagne)?
4) Can you put some text in bold at the top of the GoFundMe page explaining the changes to this specific, IMLP pay out and where you're going to direct the funds so that those who stumble in to give now (and who are not here on ST) can have all the relevant info?

Ian

Isn't it funny though that they didn't notice the typo when Starky's campaign started? No they saw the 'typo' when they realized that Starky will get the money together.

It has said $25,000 for a few weeks now. Someone went in there sometime on Monday or early Tuesday and changed it to $75,000.

That's highly individual. Many do not have sponsorship beyond a few free Powerbars.

Asking in all sincerity.....where should the bubble be? I mean, we certainly don't think every pro should get paid do we....so where is that magic line? //

It should be top 20, with primes 5 deep in each category, with a record bonus for each event and overall. That would just be 5 places more than in my day, we had the 5 deep event bonus back then too, $5k/4k/3k/2k/1k. This helps spread the wealth around to certain pros that make the show and race interesting. That is where you draw the line.. In all sincerity, it is a frigging world champs after all..

I have just found in life it is better to work with a place to try and get change.

Perrier11 wrote:

Just a question, but how much do top level, mid level, and low level pro triathletes make, including sponsorships and prize money? I am trying to figure out if the prize money makes an impact on that? I know the more you win the more you can get from a sponsor, so its all related.

As Dark Mark said, it's highly variable. Some pros hold day jobs and put little effort into seeking sponsorship. Others go all out. Results are obviously also a big factor, but besides consistent big podium finishers, results don't matter as much as one may think.

Like everyone else, pros generally aren't too open about their finances (including sponsor arrangements). But I have gleaned some info. Typically, top level pros derive the bulk of their revenue from sponsors (e.g., podium bonuses, direct support). A very select number of A-listers also command appearance fees at some events. At the other end of the spectrum, low level pros typically only get in-kind support from their sponsors. So they would derive most if not all of their revenue (if any) from prize purses. Mid-level pros fall somewhere in between with a lot of variability. I know some that have very modest financial support.

This is why less top heavy prize purses would be positive for the development of the sport. Successful, established pros who usually win most of the prize money depend on it the least as a source of revenue.

I am a first year pro. I have some awesome sponsors, but so far only one helps me out with more than equipment (mostly travel). I've managed to finish in the money at my 4 pro races so far this year.

To help inform discussions like this, I'm going to post a detailed balance sheet at the end of the year. I'll share a quick look at my year-to-date triathlon related finances (no cost of living, etc.):

Expenses: $3,850
equipment, race entries, coaching fees, travel, nutrition, etc.

Revenue: $6,450
prize money: $6000 - two thirds from one race only!
selling old equipment: $400
other: $50

Profit: $2600

Expenses are low because I am pathologically cheap, borrow my parents car or carpool, race nearby most of the time, find homestays or share hotels, and one of my sponsors covers flights.

So as you can see, prize money is very important (both the amount and distribution), at least for me as a rookie pro. Also, I'm not quitting my day job any time soon!

Based on their track record, seems at least for AGers, I am pretty impressed. I have elected to look
at all the positive things they have done for our sport.