Stupid post. Unless you’ve been a world or Olympic champion athlete in the world and show consistency for quite a few years, you’re not going to make enough to retire. Athlete contracts are very complicated as many bonuses, base pay, race placing payments etc. You get a stipend from your shoe company contract and your agent handles everything from flights, hotels etc. Also, Centro got his contract to retire on after he won the indoor worlds and Olympic championship.
Stupid post. Unless you’ve been a world or Olympic champion athlete in the world and show consistency for quite a few years, you’re not going to make enough to retire. Athlete contracts are very complicated as many bonuses, base pay, race placing payments etc. You get a stipend from your shoe company contract and your agent handles everything from flights, hotels etc. Also, Centro got his contract to retire on after he won the indoor worlds and Olympic championship.
Except Lutkenhaus will be having a BIG contract for 10+ years...with the power of compounding earning a TON from 16-27 at minimum (he'd be 27 in 2036 Olympics) he could easily be on track to be worth lower-mid 8 figures at age 50
Exactly. The sport isn’t popular nation wide. It’s like the WNBA, you get paid for what you bring in monetarily. Unless you are top top, you don’t make enough to retire on. Centro’s contract post worlds and Olympic championship was widely thought to be close to a million annually.
I said unless you’re a world or Olympic champion you won’t retire. You also have to stay healthy and consistent because like we’ve seen, Nike especially is willing to drop you asap. I think cooper definitely will make plenty to retire on.
Stupid post. Unless you’ve been a world or Olympic champion athlete in the world and show consistency for quite a few years, you’re not going to make enough to retire. Athlete contracts are very complicated as many bonuses, base pay, race placing payments etc. You get a stipend from your shoe company contract and your agent handles everything from flights, hotels etc. Also, Centro got his contract to retire on after he won the indoor worlds and Olympic championship.
Tell that to Cooper Flagg teenage basketball prodigy. He's set for life if he quits tomorrow. Lutkenhaus is every bit as talented in T&F as Flagg is in basketball, maybe more so. Yet, he's going to make less than NBA league minimum.
I just said I feel for the kid because his other worldly talent won't be rewarded because of the state of sport he's good at.
You want our sport to be a mainstream sport. But based on the responses on this thread, you don't want the stars of our sport to be treated like the stars of mainstream sports.
The guy would be worth $100 million if he was a 17 year old prodigy just about any other sport.
This is, of course, complete nonsense. The vast majority of sports have less earning potential than track. There are ~200 sports that have international federations. There are maybe a dozen sports where huge salaries are the norm.
Sure, he'd make more money if he was a teen prodigy soccer player on the same level. He'd also make way less money if he was a teen prodigy gymnast, rower, curler, archer, fencer, equestrian, bowler, sailer, wrestler, Taekwondo fighter, powerlifter...
If the dude had to spin a wheel and be a prodigy in whatever sport in landed on, he'd be more likely to land on a lower salary than a higher one.
Being a superstar and making loads of money doesn’t guarantee happiness either. Tiger Woods comes to mind. Mo money mo problems.
Explain to me why feeling the kid should be paid way more than he's going to be is a bad thing.
Because everyone here seems to think it is bad and I can't for the life of me understand why.
Athletes get paid based on how much money they generate for other people and businesses. It's not based on your subjective feelings about what someone might deserve. I'd take being a prodigy in some lesser known sport over not being a prodigy in anything and working in finance or something.
You’re not comprehending the basics of athletic contracts. Contracts in sports are fully dependent on how much money the sport brings in. It’s why the NBA contracts are huge and the WNBAs are peanuts in comparison. The WNBA barely brings in any money.
The average Olympian wouldn't gladly die 4-5 years after the winning an Olympic gold. This is real life, not a Disney movie.
He's not going to have more money than he can spend in a lifetime. He's gonna have about a 5-10 year window were he can earn based on his talent. It's a shame that his tremendous talent isn't rewarded.
Or, maybe he should stay poor because you and others have some purity fetish when it comes to running.
So strange.
You must be new. There was a survey questionnaire asking just that to Olympians and a good percentage said they would take that deal.
Once you have $10M you have really fkd up your life if you run through it. 5% return is 500k a year.
Exactly. The sport isn’t popular nation wide. It’s like the WNBA, you get paid for what you bring in monetarily. Unless you are top top, you don’t make enough to retire on. Centro’s contract post worlds and Olympic championship was widely thought to be close to a million annually.
Yes, you could make the same argument for Caitlin Clark. She's vastly underpaid.
The average Olympian wouldn't gladly die 4-5 years after the winning an Olympic gold. This is real life, not a Disney movie.
He's not going to have more money than he can spend in a lifetime. He's gonna have about a 5-10 year window were he can earn based on his talent. It's a shame that his tremendous talent isn't rewarded.
Or, maybe he should stay poor because you and others have some purity fetish when it comes to running.
So strange.
You must be new. There was a survey questionnaire asking just that to Olympians and a good percentage said they would take that deal.
Once you have $10M you have really fkd up your life if you run through it. 5% return is 500k a year.
Clark’s contract last year was 78,066. She made 16.1 million in endorsement deals last year. It’s the top of the top that make that money to retire in a sport that doesn’t bring in revenue.
You’re not comprehending the basics of athletic contracts. Contracts in sports are fully dependent on how much money the sport brings in. It’s why the NBA contracts are huge and the WNBAs are peanuts in comparison. The WNBA barely brings in any money.
I fully grasp what you are saying. That's why I said I feel for the kid. Because his talent would be rewarded much more in just about any other sport.
All WNBA contracts are set to make a gigantic jump in base salary now because of the fact that Clark has brought in revenue. It’s now why you see the WNBA with main stream tv contracts. She’s added a ton of value to the sport which is brining in the WNBA a ton of revenue.