2019-20 Russian Ladies' Figure Skating | Page 286 | Golden Skate

2019-20 Russian Ladies' Figure Skating

Btw, such a great insightful interview by Inna Goncharenko in that recent Russian magazine about figure skating. :thumbsup:
 
The full translation of Goncharenko's interview is currently in 'Tutberidze effect' thread. Someone else is working on translation so maybe a separate thread will be opened.
 
Guys, someone said to me that Russian government is granting a tax waiver to all Olympic medalists. At least for all their post-Olympic income (if it is sport-related somehow). Same goes to all prominent coaches which were given some special state medals/awards. Eteri got like what... like 2 medals from Rus government already. Is it enough not to pay those 7% of income tax in Russia?

I remember reading that also, but I don't have a confirmation. Speaking of Alina income or lack of it, as some posters here like to suggest, based on the fact that she lives in a small apartment in Moscow with her grandma, I remember the most amazing thing - that Alina herself does not care at all about the conditions in which she lives. I remember how she showed to the japanese reporters her apartment: not a shadow of embarrassment.

Some theories that people create here are going way too far, especially comming from users who clearly don't get the russian mentality and have no connection with russian society. What's the point to rent a big apartment when you live in the city temporarily? Why do you jugde a person income based on the fact that her parents don't live with her? The fact that they have jobs in a different city means that Alina is not supporting that familly and all that she earns now is for her future. This is just a pragmatic thinking.
 
Guys, someone said to me that Russian government is granting a tax waiver to all Olympic medalists. At least for all their post-Olympic income (if it is sport-related somehow). Same goes to all prominent coaches which were given some special state medals/awards. Eteri got like what... like 2 medals from Rus government already. Is it enough not to pay those 7% of income tax in Russia?
Income tax in Russia is 13%. Yes, Olympic medalists' prize money (as well as their coaches' ones) are officially tax exempt. Other types of their income are not.

Edit: in case it was not clear from the beginning, tax exempt were only their Olympic prizes from state budget and select organizations. This was also true for all other Russian athletes (not just medal winners) who received prizes for their Olympic performances. For full details, see Tax Code of the Russian Federation Part II, Article 217 Non-Taxable (Tax-Exempt) Income pt. 20). Most curious minds can find it here: https://www.nalog.ru/html/sites/www.eng.nalog.ru/Tax Code Part Two.pdf
 
Look... Olympic glory, in the vast majority of sports, doesn't lead to fortune and the fame can be fleeting, we all know that. Unless you are in a sport with a big worldwide base or that is huge in your homeland, you have to make what you can and make it fast and it isn't always the ones you'd think who make the biggest splash.

On the other hand, their finances are really not anyone's business but their own, but fans in pretty much any field like to know that the people they admire and who give them such joy are happy and properly rewarded, so they and the media are going to take an intense interest. Alina and Evgenia seem to be doing a good deal better than most skaters, which seems fair given their achievements, the sports' standing at home, their appeal off ice and their popularity overseas. Best thing fans can do is support the products if they want to, and send good feedback to their contracting companies to make as sure as possible that their investment is seen to be worth it.
 
Income tax in Russia is 13%. Yes, Olympic medalists' prize money (as well as their coaches' ones) are officially tax exempt. Other types of their income are not.

Oh, yes. 13% is incoke tax and 7% is sales tax. Right. I thought I actually read somewhere and my Moscow friend told me that Olympic medalists in Russia are gettig a tax exempt on some stuff after their first Olympic medal(s). I need to research on that more.
 
People go crazy and are ready to argue about anything, when only one week is left before the start of the season.
Only 7 days!
 
And less than a week until we get the start orders!! I wonder when the ISU will update and add bios for new skaters this season.
 
I don't know why people liked this either. Maybe they read the whole post and didn't cherry pick the part they didn't like and started a narrative of why didn't like this specific part even though that wasn't the premise of the entire post.

That's the nature of internet forums, what can you do.

I didn't like your whole comment, but I decided to answer only about the quoted part. I decided to leave the remaining nonsense on your conscience.
 
Or I can check the users who came on this thread to like that comment, a very biased reaction in my opinion, and I can cross-reference and see what those users have in common. I understood easily after that. The nature of internet forum is based on how flocking behavior works :laugh:

I remember reading that also, but I don't have a confirmation. Speaking of Alina income or lack of it, as some posters here like to suggest, based on the fact that she lives in a small apartment in Moscow with her grandma, I remember the most amazing thing - that Alina herself does not care at all about the conditions in which she lives. I remember how she showed to the japanese reporters her apartment: not a shadow of embarrassment.

Some theories that people create here are going way too far, especially comming from users who clearly don't get the russian mentality and have no connection with russian society. What's the point to rent a big apartment when you live in the city temporarily? Why do you jugde a person income based on the fact that her parents don't live with her? The fact that they have jobs in a different city means that Alina is not supporting that familly and all that she earns now is for her future. This is just a pragmatic thinking.

Nah, people who like my posts are awesome, critical, independent thinkers. Or maybe they know I need the validation that anonymous likes gives me. Yeah, it's the latter. Thanks guys!

The original post was about the popularity of figure skating and that it's going to get more popular because of all the new Russian seniors. That post cited Forbes's estimate of Alina's earning to be $800K. My post was critical of that Forbes's number and went into detail why you should be skeptical of that number or ESPN's number. My premise was that there's not that much money in skating as that Forbes's number suggest, and the number of promising Russian skaters won't change the economics.

Here where you get to use that sad emoticon.
You took the time to calculate her lifetime earnings where the Forbes list was annual earnings. By your calculation, you estimated $500K-600K over 2 years, one of those years being an outlier because it was an Olympic year. You arrived at the same conclusion that I originally posted about, which is that figure skating is not a big money sport for endorsement deals and the original Forbes number was a very rough estimate. Your calculation shows that a skater's earning are heavily dependent on winning, not endorsement deals.

No one was judging her apartment, or her family, or how she spent her earnings. You created that narrative yourself.
But I do appreciate you appointing yourself the arbiter of "Russian mentality" and "Russian society", I'm sure other Russians will appreciate it.

Don't forget to click the like button!
 
Nah, people who like my posts are awesome, critical, independent thinkers. Or maybe they know I need the validation that anonymous likes gives me. Yeah, it's the latter. Thanks guys!

....

Now of course I would need to click "like" after that:biggrin: Just in case someone would judge me on what I do or do not like on a skating forum:laugh:
 
Nah, people who like my posts are awesome, critical, independent thinkers. Or maybe they know I need the validation that anonymous likes gives me. Yeah, it's the latter. Thanks guys!

The original post was about the popularity of figure skating and that it's going to get more popular because of all the new Russian seniors. That post cited Forbes's estimate of Alina's earning to be $800K. My post was critical of that Forbes's number and went into detail why you should be skeptical of that number or ESPN's number. My premise was that there's not that much money in skating as that Forbes's number suggest, and the number of promising Russian skaters won't change the economics.

Here where you get to use that sad emoticon.
You took the time to calculate her lifetime earnings where the Forbes list was annual earnings. By your calculation, you estimated $500K-600K over 2 years, one of those years being an outlier because it was an Olympic year. You arrived at the same conclusion that I originally posted about, which is that figure skating is not a big money sport for endorsement deals and the original Forbes number was a very rough estimate. Your calculation shows that a skater's earning are heavily dependent on winning, not endorsement deals.

No one was judging her apartment, or her family, or how she spent her earnings. You created that narrative yourself.
But I do appreciate you appointing yourself the arbiter of "Russian mentality" and "Russian society", I'm sure other Russians will appreciate it.

Don't forget to click the like button!

Fact: The popularity of figure skating is going up in Russia for some time now. There are undeniable proves!

Fact: The new seniors + Yulia, Evgenia, Alina played a huge role in that and the next ones will continue the trend.

Fact: Maybe this is not a new thing in north america but in Russia all these ladies getting endorsements/sponsorships is a pretty big deal, they can earn now more than they used to do and this may be an incentive for the other girls > "I'm not gonna quit figure skating because it's not bringing any money at all in this country". Lots of girls, boys abandon this sport in Russia for financial reasons.

Fact: Except rumours and personal believes you didn't prove how Forbes faked those numbers. I made a amateur, flawed calculation based on what I could find online. My numbers may be wrong. But you didn't prove that Forbes numbers are wrong with facts - what you did was to bring into discussion how Alina lived and made assumptions based on that.

My apologies If I offended anyone bringing what Alina earns here, I don't know russian, I didn't read the Forbes article, but to claim that they completly faked those numbers is a pretty big accusation and I wanted proves "more than me and my friends laugh at that" and "Alina is living in a small apartment". My calculations indicate that Alina could get close to Forbes number in the last two years.
 
Now of course I would need to click "like" after that:biggrin: Just in case someone would judge me on what I do or do not like on a skating forum:laugh:

Sorry I made the mistake of believing that a highly apreciated opinion here needs to be supported by real facts, especially when you claim a certain press is fake news. Apparently not, somebody spreads a rumour and boom instantly is validated with likes. It sounds so famillar :)
 
Oh, yes. 13% is incoke tax and 7% is sales tax. Right. I thought I actually read somewhere and my Moscow friend told me that Olympic medalists in Russia are gettig a tax exempt on some stuff after their first Olympic medal(s). I need to research on that more.
Russia uses VAT rather than sales tax. Typically it is 20% (was 18% before Jan 1, 2019). I need to check the current rate of tax on coke - definitely interesting theme, albeit a bit offtop...
 
It's interesting how it works in Cricket Club, namely with Orser. If Zhenya pays him 100 dollars per hour, does it mean that during this hour he would work exclusively with her? I understand that Eteri works with groups, not like 9 a.m. - 10 a.m. Zagitova, 10 a.m. - 11 a.m. Trusova, 11 a.m. - 12 p.m. Kostornaya. If Medvedeva shares this hour with others than we are not talking about just 100 dollars as others have to pay as well.
 
I think Evgenia mostly has ice time with others and then some individually. I have seen her skating among others in Instagram videos. 100 dollars per hour for group skating seems bit insane so it is (was, because this price was mentioned 10 years ago) probably for individual lessons.
 
Look... Olympic glory, in the vast majority of sports, doesn't lead to fortune and the fame can be fleeting, we all know that. Unless you are in a sport with a big worldwide base or that is huge in your homeland, you have to make what you can and make it fast and it isn't always the ones you'd think who make the biggest splash.

On the other hand, their finances are really not anyone's business but their own, but fans in pretty much any field like to know that the people they admire and who give them such joy are happy and properly rewarded, so they and the media are going to take an intense interest. Alina and Evgenia seem to be doing a good deal better than most skaters, which seems fair given their achievements, the sports' standing at home, their appeal off ice and their popularity overseas. Best thing fans can do is support the products if they want to, and send good feedback to their contracting companies to make as sure as possible that their investment is seen to be worth it.

Fair points TT. But for those of us like myself in America someone on Alina or Evgenias level the past few years would be making millions of dollars a year in endorsements alone let alone shows. Being Russian that's not the case for them so when someone posted yesterday but last year Alina made the equivalent of 150,000 American dollars it was kind of disappointing for me. In the Russian system it worksbecause a lot of the B and c level skaters in Russia are still covered financially for coaches.

If Alysa Liu ever wins the senior World championship or Olympic gold I can only imagine what she will make per year in endorsements it will be in the many millions. even if she becomes a top Junior in the next year and wins another Nationals in 5 months and I expect her to and and then adds the junior World title as I believe she can she'll be making more than a million dollars a year in endorsements most likely in 2020. But in America the kids families have to cover the costs of coaching which is expensive unless they have sponsors. and Russia the Stars don't make nearly as much money but a lot more skaters are covered for coaching expenses. both systems work but in Russia you get a greater chance of more skaters becoming elite and that seems to be working well with the Russian girls and ladies in recent years.
 
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