ISU bonus money | Golden Skate

ISU bonus money

Mathman

Zamboni Driver
Joined
Jun 21, 2003
According to this announcement

http://www.isu.org/vsite/vcontent/c...-3572-4771-layout160-129918-news-item,00.html

the winners of the ISU 2007-2008 sweepsteaks are

Ladies:

Kostner - $45,000
Asada -- $27,000
Kim -- $18,000

Men:

Takahashi (1995 points earned in the Worlds Standings) -- $45,000
Van der Perren (1994 points) - $27,000 :rock:
Weir -- $18,000

The pairs and dance followed the Worlds podium placements, except that Domnina and Shabulin got the third prize for their season successes..
 
What can one do with $45,000? Let's see......, buy a couple of costumes for next year or buy a new car.

This amount is so pitiful that they shouldn't advertise it. It only compounds what we already know. Skating is for the elite.
 
Surprise, Surprise.

Kostner came first?

KVDP came second?

What are the events that count towards the points?

$45,000 is about annual salary of an entry level software developer in Canada or a senior office manager. With this one, you can pay your full-time physical trainer or a coach.
 
If I was president of the ISU my first official business would be to pay the skaters.

1st - $750,000

2nd - $500,000

3rd - $300,00

4th - $150,000

5th - $125,000

6th - $100,000
 
1st - $750,000

2nd - $500,000

3rd - $300,00

So third must be a really bad placement :biggrin:.

On the one hand I know that figure skating is extremely expensive and that the skaters are really struggling to pay it all (I heard vdP had serious money problems, and there was a thread about Nakano's some time ago). And perhaps they should earn more.

But on the other hand the fact that these skaters also have to think about how to pay the bills makes this sport, that is often considered to be very eccentric, much more down-to-earth than other sports.

A soccer player in Europe earns millions a year, has twenty different cars, a few houses etc. Of course I still can admire his ability as a great soccer player - but that's about it. The entire world of these players seems so surreal to me, as if they were living in a completely different world, that has absolutely nothing to do with mine.

But when I read that Arakawa worked at Subway to earn some money (and at the same time studied at university + trained hard) - I can't suppress a smile because I remember myself flipping burgers in order to pay for my back-pack tour through Italy and the newest high quality anatomy book - while also studying full-time at university.

These athletes are "real", they are "real" people with "real" everyday problems. And that makes the sport more likeable - for me.
 
If I was president of the ISU my first official business would be to pay the skaters.

1st - $750,000

2nd - $500,000

3rd - $300,00

4th - $150,000

5th - $125,000

6th - $100,000


I guess ISU doesn't have that much money, either. The sport needs to be so much more popular so that ISU can get more funds.


Skaters like Mao and Korpi may be doing well financially (esp. Mao; she would be one of the few richest high-school kids in the country). But others perhaps not.
I hope Nakano could get a sponsor. She deserves it. She seems to be getting popular and doesn't have many haters (except for the leg wrap haters among core FS fans). She looks very decent, mature, and hardworking. Such an image would help promote the company.

As I watched EPSN, they said that it costs like $100,000 a year to be an elite skater? Do you think that that was rather a modest estimate? They said that $25,000 for coaches. I don't remember the exact figures though. How much are they paying to have their programs made by an elite choreographer then?
 
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Even if they HAD that kind of money, I think I'd find it off-putting. For a start, imgaine what purses like that would do to ticket prices. I'd never go to a live event at what they'd have to charge, that's for sure. (I sure as heck don't waste money on professional basketball/baseball/hockey/soccer/football/etc to see a bunch of overpaid ninnies play with a ball, either.)

Yeah, it's an expensive sport. So what? They know that going in. Saying $45,000 is a pittiance to someone who makes 2/3 of that per year is not going to win fans and influence people.
 
Could some one calculate the total amount of prize money a skater could earn over a season.(Grand prix, 4CC and Worlds ) I would just like to compare to tennis or golf.
 
Could some one calculate the total amount of prize money a skater could earn over a season.(Grand prix, 4CC and Worlds ) I would just like to compare to tennis or golf.
I think a man or lady singles skater could make $171,000 in major international events, if they won everything.

Grand Prix events: Two @ $18,000
GP Final: $25,000
Europeans or Four Continents: $20,000
Worlds: $45,000
Bonus for most points for the season: $45,000

They could pick up some more in cheesefests like the Japan Open. Next year there will be the Team Challenge thing.

Golf: Tiger Woods made $10,867,052 on the PGA tour, and about $90,000,000 in endorsements, last year.
 
Tiger Woods is a (exceptional, way out on the end of the bell curve) professional athlete. While we say skating is a job, it's not really treated as such, while professional athletics is. Are skaters professionals or are they Olympic athletes? If they are professionals, then they need to be doing a lot more events per year than they're doing now. One big contributor to the lack of interest and endorsements is that unlike, say, the PGA tour, we're talking about Nationals, Worlds, Euros/4C, the GPF, two GP events at most per top skater/couple. These events are widely spaced, poorly promoted, and generally involve one or two recognizable names and (especially with Worlds, Euros, and 4C) a bunch of people no one's heard of. Largely because in many cases, the skaters come along, have a decent year or two, and vanish. Michelle Kwan transcended skating mostly because she STAYED. Like Tiger, she was there for ten years or so, at or near the top of her sport. In ladies, when they reach the top by fifteen or sixteen, not only can most average sports viewers not identify with them, they're gone just as fast. Men's is getting more exciting because there are two top skaters and they've been around for a while, at the top. Dance ditto--it's finally getting attention because an American couple have been around long enough to get name recognition and are near the top of the sport.

If skaters want to be paid like professional athletes, the sport has to have stars with longevity and events that people want to watch that are on often enough people remember to see them. Much as I don't like the idea on principle, this would definitely favor the suggestion seen here and elsewhere that the ISU change the limit on number of competitors countries can send. Also, something needs to be done about the ladies side--there's a creep factor to having prepubsecent champions in short skirts with leotard wedgies and adult makeup. To make it more viewer friendly--the rules have to be less esoteric. Though I'm not sure even that would help--professional bull riding has bigger prizes and probably bigger in house audiences and that has a weird-*** scoring system. (Yes, there is in fact a scoring system for bull riding besides the 8-second rule, 50% being the bull's, 50% the rider if there is a ride and not a buckoff. A casual viewer can figure that out. See if a casual viewer can figure out the nutshell version of skating's IJS.)

I'm not saying I want to see skating look more like the PGA, or the PBR, for that matter. Or to be an x-games sport. But if they want to be paid like other pro athletes, they'd have to start running it like other pro organizations and appealing to a market base. They would also have to come down more firmly on the side of being sport, not art.
 
While someone like Tiger Woods makes a ton of money playing golf...a majority of his fortune is from his endorsements. In fact, most athletes make their money from endorsements...look at Michael Jordan...he still rakes in the dough and he stopped playing years ago!!

But....how many figure skaters do you see doing endorsements?
 
I think a man or lady singles skater could make $171,000 in major international events, if they won everything.

Grand Prix events: Two @ $18,000
GP Final: $25,000
Europeans or Four Continents: $20,000
Worlds: $45,000
Bonus for most points for the season: $45,000

They could pick up some more in cheesefests like the Japan Open. Next year there will be the Team Challenge thing.

Golf: Tiger Woods made $10,867,052 on the PGA tour, and about $90,000,000 in endorsements, last year.

So skater have to be practically undefeated to cover there expenses. No wonder outside income is very important to stay an elite skater. I know a couple of the japanese skaters have sponsors. I've seen Lambiel in commercials. Kimmie has Subway and Underarmor. And the Ice Shows must help also. I wondered if the prize money doubled or tripled will amature skaters continued to do Ice shows or spend more time training in order to win the increased prize money; because right skaters are definitely making more money doing Ice shows.
 
If skaters want to be paid like professional athletes, the sport has to have stars with longevity and events that people want to watch that are on often enough people remember to see them. Much as I don't like the idea on principle, this would definitely favor the suggestion seen here and elsewhere that the ISU change the limit on number of competitors countries can send. Also, something needs to be done about the ladies side--there's a creep factor to having prepubsecent champions in short skirts with leotard wedgies and adult makeup. To make it more viewer friendly--the rules have to be less esoteric. Though I'm not sure even that would help--professional bull riding has bigger prizes and probably bigger in house audiences and that has a weird-*** scoring system. (Yes, there is in fact a scoring system for bull riding besides the 8-second rule, 50% being the bull's, 50% the rider if there is a ride and not a buckoff. A casual viewer can figure that out. See if a casual viewer can figure out the nutshell version of skating's IJS.)

I'm not saying I want to see skating look more like the PGA, or the PBR, for that matter. Or to be an x-games sport. But if they want to be paid like other pro athletes, they'd have to start running it like other pro organizations and appealing to a market base. They would also have to come down more firmly on the side of being sport, not art.
^ Amen!

Joe
 
I could be wrong here and if I am... please correct me....

I think that the ISU made a great deal of money from the television contract it had with the US. Now that it's gone.......well so is the money. Look at the prices for next year's world championship.....do they really think that this will bring more people to the sport? Far from it...it will keep most of the fans away since who can afford to go? Perhaps if they had a smaller arena they could keep the ticket prices lower and actually sell out. I mean....are they really going to sell out the Staples Center? This isn't Lakers basketball...it's figure skating...and it's LA!! I could be wrong.....I mean Skate America tends to be held in smaller arena with smaller ticket prices and they can't even sell that out!!! They need to find a way to bring fans to figure skating..both live and on television and skating for the holidays, My (insert your name here) skating spectacular, or the tribute to (insert singer here)or whatever skating spectacular that they show is just not doing it (and this could be because most of these skaters are skaters that are no longer competiting....I mean how many people out there really know who Rory Flack Burghart is? How about Caryn Kadavy? We know who they are...but the average person doesn't. I'm just saying..

Now.....while some figure skaters have endorsements there are not that many. In addition some skaters are supported by their federations and some are not. I remember reading some time ago that Kevin VDP's federation was broke and he was asking for donations over the internet to help with his skating....or maybe it was a fan that was trying to do this for him...I just don't remember

When I think of athlete endorsements, I am always reminded of the INDY 500 winner who takes a million pictures in a million different hats for the millions of different sponsers that they have.

If competitons are losing company sponsers (state farm at this years US championship) what are the chances that an individual skater will get an endorsement? I mean seriously, most figure skaters are not household names.......Tiger Woods, Michael Jordan, David Beckham...even if you are not a golf, basketball or soccer fan most people know who these guys are.

Just my mumbling thought for the day so thanks for reading!!
 
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While someone like Tiger Woods makes a ton of money playing golf...a majority of his fortune is from his endorsements. In fact, most athletes make their money from endorsements...look at Michael Jordan...he still rakes in the dough and he stopped playing years ago!!

But....how many figure skaters do you see doing endorsements?

In the US -- MK, Sasha, Kimmie and Kristi are the ones currently getting endorsements or other marketing deals (MK is still a Disney spokesperson) I think.

What are the practices in other countries, though? Is there more government funding? Or, are there endorsement opportunities similar to those in the US?
 
Really interesting reading, especially from you, sillylionlove!

I thought fs was big like everywhere except from Sweden... But I was wrong, apparently.
To answer your question attyfan; fs here is NOT big. I think we just broke through something now when we had Worlds. This much attention has fs never had here. I think it's great and really fun, well deserved. And with our 2 boys (Kristoffer Berntsson & Adrian Shultheiss) and our girl (Viktoria Helgesson) I think it opens many new doors from now on, at least I hope so. Kristoffer had some years ago economic support from the Swedish Olympic Committee, but didn't "perform as wanted" (ended 23th place Olympics -06) so they withdrew their support.
Viktoria gets support from her parents and has a part time job, Adrian's still in school. His goal is to someday be able to depend on skating. I say good luck and really mean it, but I think he'll suceed, he has a "go!"-sprit (if his back will remain durable, that's another story...). Adrian and the junior Alexander Majorov now has support from SOK (the olympic committee) and I think they manage with that so far.
I feel sorry for Kristoffer now, because before Worlds SOK was thinking of supporting him again, IF he performed well at Worlds. Unfortunatly, he didn't really ended up where his (any many others) expectations were. After Worlds last year (9th place), they even talked about the podium!! (Not that I never expected that much from him, it just shows how demanding Swedish people are... not to talk about the pressure...). A year before Worlds, Goteborg & Co (event company of the Gothenburg city), supported the skaters, but not now after.

Sum-summary, the Swedish skaters are supported by the Swedish figure skating union. If they need more money it's up to themselves or parents (if they're that young). None of our skaters are "good enough" for companies willing to sponsor them. I hope it will be different now that they have showed the World who they are.
 
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In the real world $45,000. is nothing to sneeze at for some I'd sure like to make that in my job. But I don't..
 
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