My Current Bike

My Current Bike

Monday, March 29, 2010

Pro Cycling Salaries

My last blog explained an interesting an usually unknown coincidence about two of America's top bicycle racers. This blog is going to explain some more interesting facts concerning professional cyclists and their salaries which are unknown to many. Most professional athletes' salaries are common knowledge to most sports enthusiasts. Many know of the millions of dollars that pro basketball, football, baseball,and golf athletes earn each year of over entire careers, but many may not know how much some earn by riding a bicycle for a living. Most of cycling's top wage earners are champions in the sport's super bowl of cycling, the Tour de France. In 1985, American Greg LeMond became the first cyclists in the history of cycling to sign a contract which paid him over $1 Million a year. He would go on to win the Tour de France 3 times and change the salary structure forever in bicycle racing. Another American, Lance Armstrong, has a personal net worth of over $30 Million (Forbes Magazine). He won the Tour de France 7 times. On today's top professional cycling teams, the minimum salary is $50,000 a year, and the top riders on each team are earning from $1 Million to $4 Million annually. These numbers only represent the base yearly salary and does not include endorsements from the many companies who associate their products with the sport's top riders.

Tuesday, March 2, 2010

Interesting Bicycle Racing Facts

This blog's topic references an interesting fact about bicycle racing.

Bicycle racing has existed for over 100 years. Some of the first races were held in the late 1800s. The very first Tour de France, which is the Super Bowl of cycling, was first held in 1903. A very fascinating fact is that after over 100 years of bicycling racing history, only two Americans have reached the top of the sport, but what is even more interesting is that both of these Americans have experienced life threatening incidents. Greg LeMond became a world champion for ages 18 and under in 1979, world professional champion in 1983, and the first American to win the Tour de France in 1986. He was then accidently shot while turkey hunting in April of 1987. He lost a lot of blood, had a collapsed lung, and nearly died. He would return to win the Tour de France in 1989 and 1990 and one more world championship in 1989. The other American to reach the top of the sport of cycling is Lance Armstrong. He won the 1993 professional world championships, and in 1986, he announced to the world that he had cancer. The cancer had spread to his lungs and brain, and he was given only a 50% chance of survival. Well, he survived and went on the win a record seven Tours de France. Lance is still racing today.