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#1 |
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Registered User
Join Date: Jul 2004
Posts: 1
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Does anybody have an idea how much money 1st, 2nd and 3rd place are awarded ? It have to be a LOT. For someone like LA to have a house in France, live in Spain and another house in Austin...it have to be a lot. Any ideas how much they make a year ????
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#2 | |
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Registered User
Join Date: Jul 2004
Posts: 9
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Quote:
most of his money i think comes from sponsors and ads |
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#3 | |
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Registered User
Join Date: Apr 2004
Location: Austin, TX
Posts: 351
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Quote:
I'm not certain, but I believe the TdF winner usually dolls the prize money out to his team to show his appreciation and to avoid France's very high, confiscatory tax bite. ![]() As for all of LA's houses, I doubt his cycling salary covers that, it's the endorsements where he receives a sizeable portion of jack. |
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#4 |
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Registered User
Join Date: Jul 2004
Posts: 9
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http://www.procycling.com/news.aspx?&op=r&#poll
578,842 euros for this years tour |
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#5 |
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Registered User
Join Date: Jul 2004
Posts: 53
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1st was half a million dollars
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#6 | |
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Administrator
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Quote:
I found this on cyclingnews.com A brief look at how some of the classifications paid in 2002: Prologue 1st 3,810 Euro 2nd 1,525 3rd 760 4th 455 5th 390 Road Stage/Individual Time Trial 1st 7,620 Euro 2nd 4,000 3rd 2,000 4th 1,200 5th 830 Team Time Trial 1st 15,000 Euro 2nd 7,500 3rd 4,300 4th 3,900 5th 3,600 Prize for each green jersey sprint or HC mountain climb 1st 762 Euro 2nd 457 3rd 305 Daily prize for yellow, green, polka dot, and white jerseys: 305 Euro Final Individual Classification 1st 335,390 Euro 2nd 167,495 3rd 91,470 4th 60,979 5th 41,923 Final Classification: Green, Polka Dot Jerseys 1st 22,867 Euro 2nd 15,245 3rd 7,622 Final Classification: White Jersey 1st 18,294 Euro 2nd 13,720 3rd 9,147 |
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#7 |
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Registered User
Join Date: Nov 2003
Location: Minneapolis, Minnesota
Posts: 1,848
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In Armsrtong's book "Every Second Counts" he talks about the $400,000 in prize money that he received for winning the TdF (I think it was the 2002 TdF). He says that the winner traditionally splits this money up and gives it to his teammates (evidently the winner will have more money flowing in from all kinds of other sources). For what it's worth; Armstrong says that he was so impressed and proud of his teammates that year that he doubled each of their shares out of his own pocket.
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#8 |
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Registered User
Join Date: Nov 2003
Location: Minneapolis, Minnesota
Posts: 1,848
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Oh! And if your wondering where LA gets most of his money? I heard on the radio this morning that he just signed a new $5 million contract with Nike. That doesn't include his other sponsorship contracts or his USPS salary!
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#9 | |
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Registered User
Join Date: Aug 2003
Location: Big square state next to NJ
Posts: 231
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Quote:
i wonder how many bikes he has too?
__________________
-2003 Airborne Valk-17.5lbs Raced -1999 Fisher Mt. Tam- 28.5 lbs Punished -1999 Trek Y22-24.5 lbs Newly Pampered |
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#10 | |
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Registered User
Join Date: May 2004
Location: Melbourne
Posts: 1,496
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Quote:
estimates of Lance's earnings run from $12-$16 million US per annum. |
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