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The prize list is peanuts(13 posts)

The prize list is peanutsThe Badger
Jul 29, 2002 6:24 AM
....I just read that the whole postal team won about $440,000 for the entire tdf... lance won $350,000. As compared to other sports' prize lists, cycling has to rank at the very bottom. I'm not even talking about mainstream sports (boxing totally eclipses all sports... i.e. $25m to Tyson for one fight!), other sports that are ahead of cycling......bass fishing (a sport? maybe not, but they have some huge prizelists), pool, bowling, bull riding, figure skating, etc.

I love cycling, but it has a long way to go in terms of prize lists.
better than a kick in the headmr_spin
Jul 29, 2002 6:55 AM
I doubt anyone in cycling really cares. I've heard that the prize for winning Paris-Roubaix is only $40,000, which seems like a pittance for such a great race.

Considering that Armstrong doesn't take a share of the prize money (according to Tour tradition) and in fact, adds his own money to the pool ($250,000 last year), I think it's clear that prize money isn't the motivation. A bigger prize list won't change a thing.
better than a kick in the headThe Badger
Jul 29, 2002 7:38 AM
I disagree...a bigger prize list would change cycling. Firstly, it changes the general public's perception of the sport, it makes the sporting event seem more significant to the public. To those unfamiliar with the sport, it adds a little character to the race, knowing that there is more "on the line" than just accolades.

Secondly, I agree that most racers do it for the glory and prestige it brings. However, what would happen if the upcoming NYC Criterium offered $1m to the winner? You think Cipo would come out of retirement to ride that race?
What's the prizelist at the Olympics?mr_spin
Jul 29, 2002 7:49 AM
All you get is a chunk of metal at the Olympics. Why would anyone bother?

How much do you win at the World Cup (soccer)? What's the prize at the Super Bowl? The World Series? I have no idea. I'll bet hardly anyone knows, but it doesn't lessen the appeal.

It all boils down to people wanting to see top competitors going against each other, with one man/woman/team walking/swimming/riding/etc off the field victorious. Money is not an issue.
so where does the money come from?DougSloan
Jul 29, 2002 8:43 AM
Someone has to pay it, right?

Tyson gets $$$$ because lots of people pay to see the fight. I guess not nearly as many will pay to see the Tour.

Nice idea, but maybe not supported in the reality of economics.

I think the teams are paid to simply be in the Tour, too. Not sure of the sources of revenue. TV must be the largest, and towns pay to be included in the route. Must be big bucks from the major sponsors (indirectly a TV revenue).

Realize that Lance will likely make 10 or 100 times the prize in endorsements, salary, and sponsorships.

Think NASCAR...DeRanger
Jul 29, 2002 10:55 AM
...the sponsors foot the bill for the team, to get the media exposure and the cachet of the athletes as marketing tools. And if you sponsor a major winner, look out - I've no doubt that putting Lance on a Trek and in a pair of Oakleys helps those companies recoup whatever they pay him.

As far as the Tour itself, there are about a zillion sponsors - for example, each jersey has its own separate sponsor (Credit Lyonnais the yellow, Champion the polka-dot, etc.). Moreover towns in France and the other nearby nations that host the tour vie for the opportunity to be part of the route, especially as a start or end point - the local economy gets a big charge from all folks associated with the Tour (teams, media, spectators) buying food and souvenirs and staying in the local accomdations. (Unlike here in the US, cycling is a huge spectator sport in Europe, and the Tour is the Super Bowl.)

I would be somewhat surprised to find that the Tour is not operated at a profit, actually - if we can make the Olympics a break-even prospect, the Tour should be possible as well.

more prize money = more dopingPhatMatt
Jul 29, 2002 9:15 AM
I think increasing the prize money you would see the doping issues go up as well.

Other races too.Sintesi
Jul 29, 2002 11:40 AM
The Tour isn't their only race payday, they share the earnings from all the races throughout the year, not to mention they are all salaried athletes. It adds up. Team leaders w/ endorsements make millions, the low guys on the totempole make it into 6 figures easily if their on a good team. Not too bad.
re: The prize list is peanutsChris
Jul 29, 2002 12:08 PM
Just read in the newspaper that Lance makes $10 million per year, $6 million of that in endorsements. As others have said, cycling is a huge sport in Europe, so I think if you're at least a decent rider, you'll be doing just fine. As an example they said Boogerd (winner of Stage 16) is dating a former Miss Holland and is a celebrity back home.

In any case, I like to think that these guys are doing it because of the love of cycling and not the love of money. It makes the feat they acheive seem even more incredible than it already is!

think again....evant
Jul 29, 2002 6:55 PM
Sure USPS pulled in 4.5/10 of a MILLION USD, however, many of them got UCI points, where the riders get contract bonuses for each point (each rider gets dif amounts depending on negociations) then there are sponser incentive clauses, e.g. whenever rubens mentions his fine lampre (whatever the hell lampre-diakin makes....) he gets a bonus, doublly so if he said in when he was in yellow. Then they other little thing.... A NEW CONTRACT. When Rumsas went on the attack on stage 20, he probably knew that it wouldn't make a differance between 2nd or third place, at best; close the gap! However, he is remembered for doing that, going down; guns blazing figteing to the end with the spectators getting a nice CLEAR view of the pink and blue on his shoulders, so when it comes time for a new contract with lampre or not, he can point to his extra time on the tele. besides; its style.

If i sound iritated; i am. being a collegic mtn/road/cx racer and team exec doent pay didly squat, which means I need another loan which will take another trillion years to pay off. If I got the prize money from winning paris-rouboux (not that I'm saying I can, probably never be good enough to turn pro to begin with...) that 40,000; after taxes 20,900 pays 1years outta state tuition and textbooks, and new chi-chi titanium carbor fiber do-hickey and 1 months rent or 2.

until then, I'm content to pay for my own gas money to get to races and to sprint for kisses from the homecoming queen runner ups for primes.

SUDDEN THOUGH THAT IS COMPLETLY DIVORCED FROM REALITY: hey, all you colorado area racers! come to the CSU Oval Crit next spring (around easter weekend or so) the primes will include kisses from the CSU rams cheerleader's!!!!! probly not, but to dare to dream.
not quitemr_spin
Jul 30, 2002 6:47 AM
If you won Paris-Roubaix, you wouldn't win $40K. The team would, and you would only get a share of it. You'd be lucky to take home $5K. You do get to keep the trophy, however.
I've seen the CSU cheerleaders...TJeanloz
Jul 31, 2002 7:49 AM
And seeing them is not reason enough to race the oval crit.
How do you get a CSU cheerleader on an elevator?Sintesi
Aug 2, 2002 10:47 AM
Grease her hips and toss in a twinkie.