In TRANSFER MARKET 2010, you’ll find information about skaters & their salaries and contracts- Bill Begg shared the following-
Well no one hears much, its a confidential matter between sponsors & the skater.
For instance some may have made contracts while the market was bouyant & before the recession, I know this year some lucky people had contracts, that there was a lot better value out there in the market place.
Four or 5 years ago, top men could expect to collect around $40,000 USA sign on fee, I doubt if more than a handfull if that, get that kind of sign on fee at present.
Apart from the Verducci team of ladies a few years back, who apparently got generous handouts & the Kia Motors team with the Korean Good looking Girl, who was reportidly on $100,000 USA plus, there have not been lucritive contracts for women, I would say in these times a $20,000 sign on fee would be tops.
Also the prize money has decreased, everyone was hoping getting in the Olympics would boost there salaries, but we have to build the numbers up & open up new territories to bring in new sponsors, a few industry ones are hanging in there at present, but we need the ones from outside the Industry.
Also at present the World Inline Cup does not have the glamour it used to & some thoughtless tinkering of the points system, has made a mockery of it, hopefully they see the light before its to late.
But at present you could buy a top team of men, with about $50,000 USA up front for sign on fees.
The team managers or coaches are paid very little, sometimes the skaters paid for or 5 times more, so no one wants to be a team manager, unless they have another Income source to support them.
Joerg from Zepto was involved in the management of cycle teams & was one of the few who could bring in other than skate team sponsors.
I was involved talking with him early on , as they gradually picked up one or two good skaters & built up over the past 5 years from seen by the previoius pro teams, as a bunch of no bodies, to one of the best teams allround nowdays.
Joerg & Eginhard kept the name Zepto ( From memory a measurement of a period of time, less than 7 secs.) while even the WIC hierachy criticised them, that they needed a big brand name sponser, but as its turnt out perhaps 10 sponsors between 2,000 to 10,000 Euro a piece, are far better than no sponsers at all.
As they are the only team that has really grown in recent times.
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Speed Skate World- By Peter Doucet- Online Since 1999 