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Old 07-30-03, 05:32 AM   #1
ZackJones
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Bling Bling

I just read a bit in yesterday's USA Today.

Lance split his $465,000 prize money with his team mates and support staff. US Postal will be paying him a 3.25 million dollar bonus for winning his 5th tour.

It's good to be the king.

Zack
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Old 07-30-03, 05:47 AM   #2
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A class act all the way!
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Old 07-30-03, 06:28 AM   #3
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thats nice for lance to do, but its not like he is not well off.
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Old 07-30-03, 06:41 AM   #4
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my understanding is he's done that every year. not split it, but given it to them outright--rumor has it he even matched the winnings and split up $800K+ b/w the boys last year.
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Old 07-30-03, 07:49 AM   #5
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I read something a little while back stating that typically the winner will give his bonus to his teammates. But yeah...Lance is a class act and really shows his appreciation for the guys who get help get him to the podium. That dude just gives me goose bumps.
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Old 07-30-03, 07:51 AM   #6
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It's tradition for the winner to sahre his prize money with his team, afterall it is a team effort that got him to the tour.
But lance has been amoung the most generous of winners, along with Indurain. But I think the added commercialisation of the sport makes that possible.
Lance will receive US$3.25x10[sup]6[/sup] from US Postal and it's rumoured a further US$5x10[sup]6[/sup] from the other sponsors, Trek, Nike etc etc.
It IS very good to be the King!
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Old 07-30-03, 08:01 AM   #7
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they mentioned a bunch of times during the races that all the prize money (including intermediate splits and stuff like that) goes into a kitty and gets split up by the team at the end of the race. all the teams do it, even the mechanics and other support people get a cut.
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