The most entertaining part of watching people speculate on athlete salaries (besides they’re usually pretty far off) is they don’t know that base salary from a sponsor is only a part of a track athletes income.
Many make quite a lot more from appearance fees, speaking engagements, bonuses in the contract and prize $. Many athletes easily make 5-15k off one race. Medals and USA top 3s are worth hundreds of thousands. Keep speculating.
Guesswork wrote:
The most entertaining part of watching people speculate on athlete salaries (besides they’re usually pretty far off) is they don’t know that base salary from a sponsor is only a part of a track athletes income.
Many make quite a lot more from appearance fees, speaking engagements, bonuses in the contract and prize $. Many athletes easily make 5-15k off one race. Medals and USA top 3s are worth hundreds of thousands. Keep speculating.
I believe this. I know of one runner (now retired) who made over $650,000 first year out of college after combining several income sources. This was a distance runner, NCAA winner, non-American.
I know how contracts work as I've been in Sports Marketing and an agent for the past decade, and a Silver is worth about $10,000 in that race, if you have a good agent. Let me know if you have any other questions.
Pretending to know things wrote:
Pure speculation. Besides Berian which became public.
You obviously have no knowledge how contracts work.
You know how much Courtney’s silver was worth? Nope, you don’t haha.
Webb's first contract was $250,000 per year for 6 years. No way Wheating made close to that.
$650,000 with no reductions until the last 2 seasons.
Jeff Johnson/Vin/OTC wrote:
$650,000 with no reductions until the last 2 seasons.
Wrong
Nike would fire the person that gave him a contract like this. That's why contracts have reductions in them.
By the way, what did Boris Berian do last year.
Trying to bully Berian was a bad idea. Bad publicity, bad strategy and bad juju, all of which will come home to roost for Nike.
How did things go for Murphy? It's almost like they were trying to ruin his career. So much for splitting 45...
Not every contract Nike does is the same. The no reductions for Wheating was Vin and Jeff’s doing.
Emily Outfield wrote:
Jeff Johnson/Vin/OTC wrote:
$650,000 with no reductions until the last 2 seasons.
Wrong
Nike would fire the person that gave him a contract like this. That's why contracts have reductions in them.
By the way, what did Boris Berian do last year.
As a journalist, don't you pay close attention to these sorts of things? Also, do you know what a collective noun is?
rojo wrote:
The part of "some resented his first big $$ Nike deal" reminded me of one the best gossips I ever heard. I remember people were once speculating how much Wheating made when he went pro and someone told that he made $750k per year when he first signed. I can't remember who or what type of person it was that told me this (agent, sports writer, athlete, etc) but do remember hearing it.
Anyone else hear something crazy like this?
lkak wrote:
I know how contracts work as I've been in Sports Marketing and an agent for the past decade, and a Silver is worth about $10,000 in that race, if you have a good agent.
Let me know if you have any other questions.
Pretending to know things wrote:
Pure speculation. Besides Berian which became public.
You obviously have no knowledge how contracts work.
You know how much Courtney’s silver was worth? Nope, you don’t haha.
Hahahaha! Not even close! Love it.
You are very entertaining.
You’re obviously completely lying about your experience.
Can you enlighten us more on the ins and outs of contracts??
How much is a standard 1st tier time bonus worth?
This should be an easy one for an expert like you :).
ocracoke wrote:
There’s money wrote:
I have no idea what Wheatings contract was. I think people don’t realize how much money some of the top athletes are making. Especially marathoners like Rupp, Flanagan, Hassay. And top sprinters. If they can compete until 36-40 years old they’ll never have to work again. There aren’t many of us regular folk in that boat.
Shalane got $100k+ appearance fee to run, $125k for the win, Nike bonus for world major win ($50k?), and her base salary. 15-20 Americans across all event groups are making a ton of money but the drop off is huge.
Track athletes are in a similar boat. More competitions with smaller prize money and appearance fees. Even people like Kendricks and Morris are making a ton.
Good facts. But do us regular folk really want to be in that boat? Live out your glory by 39 and then descend into obsolescence and motivational speeches? What on earth will Ryan Hall be doing at 50 aside from speaking weird-a-- Californian and pastoring once a week at his local church in Nocal?
What is wrong with being a minister?
Fulton J. Sheen wrote:
ocracoke wrote:
Good facts. But do us regular folk really want to be in that boat? Live out your glory by 39 and then descend into obsolescence and motivational speeches? What on earth will Ryan Hall be doing at 50 aside from speaking weird-a-- Californian and pastoring once a week at his local church in Nocal?
What is wrong with being a minister?
Nothing, but he has too much upper body strength to be a minister.
I’m a D2 female runner. Our coach explicitly told us not to visit LetsRun forums.
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