Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

Professional Cycling For the Fans Follow the Tour de France,the Giro de Italia, the Spring Classics, or other professional cycling races? Here's your home...

User Tag List

Reply
 
Thread Tools Search this Thread
Old 07-30-14, 01:51 AM   #1
CanadianBiker32
Senior Member
Thread Starter
 
CanadianBiker32's Avatar
 
Join Date: Jul 2012
Location: Canada
Bikes: Maxim, Rocky Mountain, Argon 18, Cervelo S2 Team
Posts: 695
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Why Cash Payouts so small?

Just good question on debate. Why are the prize money in pro cycling so low compared to other sports. Where athletes work way less.

Such as why do soccer players can make over 300 million a year by only playing a few games. Or NBA stars too .

Where pro cyclists have to devote most of their time and life to training and racing. Work and suffer the most and in the end get paid the less.

How come pay outs are so low?
CanadianBiker32 is offline   Reply With Quote
Old 07-30-14, 03:04 AM   #2
Machka 
Long Distance Cyclist
 
Machka's Avatar
 
Join Date: Jan 2003
Location: I ride where the thylacine roamed!
Bikes: Lots
Posts: 46,015
Mentioned: 16 Post(s)
Tagged: 0 Thread(s)
Quoted: 230 Post(s)
Which cash payouts are you talking about?
Machka is offline   Reply With Quote
Old 07-30-14, 03:59 AM   #3
Caretaker
Heretic
 
Caretaker's Avatar
 
Join Date: Jun 2010
Location: Dublin, Ireland
Bikes: Specialized Sirrus, Giant OCR3, Giant CRS3
Posts: 1,586
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 265 Post(s)
When did pay reflect work rate?

Comparing road cycling to soccer or any of the big N. American sports is ridiculous in terms of money.
Caretaker is offline   Reply With Quote
Old 07-30-14, 06:32 AM   #4
Leinster
Senior Member
 
Join Date: Jun 2013
Bikes:
Posts: 2,106
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 8 Post(s)
More eyeballs on an English Premier League or NFL game than on pretty much any cycling race, and tv money is what pays the piper.

Also, don't assume that pro cyclists are training any harder than pro soccer, American football, baseball etc players. NFL players are putting in 60-70 hour weeks between gym, practice field, video sessions et before they ever take the field Sunday.
Leinster is offline   Reply With Quote
Old 07-30-14, 07:00 AM   #5
brianmcg123
Senior Member
 
brianmcg123's Avatar
 
Join Date: Oct 2002
Location: TN
Bikes:
Posts: 590
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 25 Post(s)
No pro athlete makes 300,000,000 a year.
brianmcg123 is offline   Reply With Quote
Old 07-30-14, 07:47 AM   #6
colombo357
Senior Member
 
colombo357's Avatar
 
Join Date: Oct 2007
Bikes:
Posts: 1,995
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Good question, OP.

Let's see.... $300 million per soccer player or "NBA star". Cyclists could easily get the same pay.

So 180 TDF riders * 300 million = $54 BILLION.

Somebody's walking away with 53 billion dollars per year (rounded down) and screwing all the riders!!!! And that's just for the TDF!

We all know how popular the sport of cycling is. Everyone on my block spent about $5K this past month flying to France and buying front row TDF tickets. Those who couldn't attend paid $15 on pay-per-view per stage.

Last edited by colombo357; 07-30-14 at 07:51 AM.
colombo357 is offline   Reply With Quote
Old 07-30-14, 07:50 AM   #7
gregf83 
Senior Member
 
Join Date: Jun 2008
Location: Vancouver, BC
Bikes:
Posts: 7,337
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 79 Post(s)
I work hard on the bike and nobody pays me anything. How is that fair??
gregf83 is offline   Reply With Quote
Old 07-30-14, 08:02 AM   #8
merlinextraligh
pan y agua
 
merlinextraligh's Avatar
 
Join Date: Aug 2005
Location: Jacksonville
Bikes: Wilier Zero 7; Merlin Extralight; Co-Motion Robusta; Schwinn Paramount; Motobecane Phantom Cross; Cervelo P2; Motebecane Ti Fly 29er; Calfee Dragonfly Tandem
Posts: 29,131
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Quote:
Originally Posted by CanadianBiker32 View Post
Such as why do soccer players can make over 300 million a year by only playing a few games. Or NBA stars too .
You're off by more than a factor of 10. The NBA has a salary cap, which limits the amount you can pay anyone player to around $20 million a year.

Revenue streams in the NBA are totally different than cycling. An NBA team plays 82 games, and can sell tickets to those games. With an average ticket price of $123 for non premium seats, that's over $150 million for 15,000 seats for 82 games, and thats before you get to luxury boxes, concessions, parking, etc.

You can't really sell tickets to a bike race. (other than a small amount of VIP seating at the finish line, which don't sell for much). Only revenue is from sponsors, and TV rights.
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
merlinextraligh is offline   Reply With Quote
Old 07-30-14, 08:36 AM   #9
dm83
Senior Member
 
Join Date: Jul 2013
Bikes: 2013 Allez, 2013 Sirrus, 1984 Legend Compe
Posts: 150
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
The salaries paid by the teams are already pretty decent for such a niche sport. Endorsements, bonuses, prize money are only incentives to perform better.
dm83 is offline   Reply With Quote
Old 07-30-14, 09:22 AM   #10
Caretaker
Heretic
 
Caretaker's Avatar
 
Join Date: Jun 2010
Location: Dublin, Ireland
Bikes: Specialized Sirrus, Giant OCR3, Giant CRS3
Posts: 1,586
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 265 Post(s)
The real question should be 'why are cash payouts for some sports so obscenely big?'
Caretaker is offline   Reply With Quote
Old 07-30-14, 10:41 AM   #11
gpsblake
Walmart bike rider
 
gpsblake's Avatar
 
Join Date: Aug 2004
Location: South Carolina
Bikes:
Posts: 1,888
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 8 Post(s)
This is an interesting article about the subject

How Much Money Do PRO Cyclists Make? | CyclingTips

For most, they race out of love for the sport. And once they are done, nearly all of them have to get full-time jobs outside of cycling.
gpsblake is offline   Reply With Quote
Old 07-30-14, 11:37 AM   #12
Keith99
Senior Member
 
Keith99's Avatar
 
Join Date: Apr 2005
Bikes:
Posts: 5,866
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Caretaker View Post
The real question should be 'why are cash payouts for some sports so obscenely big?'
Cuz 90% of the owners are in it for the trophy and are willing to spend to get it.
Keith99 is offline   Reply With Quote
Old 07-30-14, 12:12 PM   #13
cafzali
Senior Member
 
Join Date: May 2012
Location: Rockland County, NY
Bikes: Giant TCR SL3 and Trek 1.5
Posts: 1,282
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by merlinextraligh View Post
You're off by more than a factor of 10. The NBA has a salary cap, which limits the amount you can pay anyone player to around $20 million a year.
The NBA has a team salary cap, but not really a player cap. Because of what's better known as the "Larry Bird exemption," an NBA team can re-sign its own player for as much money as they want, although it still counts against the overall team cap that figures into the luxury tax payment.

But to address the core issue, it's all about TV rights and which sport has the most lucrative ones. Cycling TV rights will never generate that much money and to boot all that money is disproportionately shared, making lots of money for ASO and other promoters and the UCI. If cycling were more popular and team owners had leverage, they'd sit out a year, force the UCI and promoters to change their business model and share TV revenue and then we'd have an equitable sport where teams who didn't have an owner that viewed their cycling team as a "vanity project" wouldn't be under threat of folding every 2-3 years
cafzali is offline   Reply With Quote
Old 07-30-14, 12:22 PM   #14
merlinextraligh
pan y agua
 
merlinextraligh's Avatar
 
Join Date: Aug 2005
Location: Jacksonville
Bikes: Wilier Zero 7; Merlin Extralight; Co-Motion Robusta; Schwinn Paramount; Motobecane Phantom Cross; Cervelo P2; Motebecane Ti Fly 29er; Calfee Dragonfly Tandem
Posts: 29,131
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Quote:
Originally Posted by cafzali View Post
The NBA has a team salary cap, but not really a player cap. Because of what's better known as the "Larry Bird exemption," an NBA team can re-sign its own player for as much money as they want, although it still counts against the overall team cap that figures into the luxury tax payment.

But to address the core issue, it's all about TV rights and which sport has the most lucrative ones. Cycling TV rights will never generate that much money and to boot all that money is disproportionately shared, making lots of money for ASO and other promoters and the UCI. If cycling were more popular and team owners had leverage, they'd sit out a year, force the UCI and promoters to change their business model and share TV revenue and then we'd have an equitable sport where teams who didn't have an owner that viewed their cycling team as a "vanity project" wouldn't be under threat of folding every 2-3 years
There's still a maximum that your allowed to pay any one player. The Bird rule allows you to exceed the team salary cap in order to resign your own player up to the maximum salary.

NBA Salary Cap FAQ

NBA salary cap - Wikipedia, the free encyclopedia
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
merlinextraligh is offline   Reply With Quote
Old 07-30-14, 10:11 PM   #15
JameB
Senior Member
 
JameB's Avatar
 
Join Date: May 2014
Location: Toronto, ON
Bikes:
Posts: 94
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
It has to do with the amount of money a league can make from a sport.

Sports like football (soccer), basketball, hockey have HUGE markets where public pays a lot of money to see the superstars play. I'm new to cycling but I'm a huge hockey fan, last year (2013-2014) the league had 3.7 billion dollars in revenue. Under a CBA, NHL divides this money and sets a cap limit.

3.7 billion / 30 teams = 123.3 million per team in revenues

That money is a result of investment of the owners and the players. Without the players, owners can't make money and without the owners, players don't have a place to play and make big $$! So this money is split (let's not go in these calculations, too boring). But in the end, the salary cap is set at 64 million which is divided amongst a team's players.

---

Now, I'm guessing cycling doesn't generate this much revenue for teams or events to payout. And even if they do make this much money, without a CBA, players don't really have much bargaining ground... they have to take w.e. they're given. (this used to be the case in many sports where owners made a shut ton of money and paid the players min wage until players got together and set up a players' union or something).

---

In short, the awards depend on the revenue/profits AND the bargaining power of the players.
JameB is offline   Reply With Quote
Old 07-31-14, 07:07 AM   #16
never_recover
Newbie?
 
Join Date: Nov 2013
Location: Grenoble, France
Bikes:
Posts: 51
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Caretaker View Post
The real question should be 'why are cash payouts for some sports so obscenely big?'
This is what really bothers me.

Of course people should never be payed based upon how hard they work! That would be a disaster.

But they should be payed based upon what would happen if they were gone. Sportsmen could be replaced by anybody, the overall level would be lower but nobody would see the difference. Look at the TDF this year, if we didn't know Contador, Froome and Quintana existed, nobody would say the level was too low.

Now politicians, journalists, lawyers, etc. Could we just replace them by anybody? And yet they are among the most hated professions today...

/rant

(and I'm a software engineer)
never_recover is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 12:13 PM.