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TheIronLady
01-08-2013, 08:01 AM
What Evan Lysacek or an Olympic ladies Gold medalist makes doesn't really interest me. I want to know, say, what kind of profit/take home pay Alissa Czisny brings? Akiko Suziki? Mirai Nagasu? Christina Gao? Meryl Davis?

Do any of these skaters turn a real profit? If so, how much annually?

AndyWarhol
01-08-2013, 10:10 AM
I doubt it.. Doesn't a years training cost about 80K? You would have to win a lot of GPs and do some shows in Asia etc to cover that.

Zemgirl
01-08-2013, 10:26 AM
I'm not sure you can get an estimate on this. For one thing, training expenses vary greatly; Patrick Chan spent a lot of money in recent years, while someone like Brian Joubert who trains at his hometown rink (this season being the exception) probably has considerably lower expenses. also, some skaters have a lot of sponsorships and income from ads and commercials, even without winning an OGM, or an Olympic medal of any color. I think Carolina Kostner and Kiira Korpi are in that group. And skaters do different numbers of shows, which don't pay the same anyway.

I don't think any top-level skaters are starving, but some probably work in addition to training - either as coaches or in other jobs: for instance, Jeremy Ten works in retail and Mark Ladwig used to do all sorts of odd jobs at his rink at probably still does.

zaphyre14
01-08-2013, 07:33 PM
None of the skaters named are exactly "average" either; they're in the top 10% of their national organizations. The "average" competitive skater isn't making anything; they work to afford to train unless their parents are picking up the tab. And the average "professional" skater isn't training; they're either skating in Disney or coaching and not paying training costs at all.

TheIronLady
01-08-2013, 07:56 PM
Yeah I know my terminology is slack. Sorry about that. I hoped someone might know what I meant. I just wondered if Czisny, for example, with her beautiful skating in shows but no real Olympic year publicity under her belt, was earning take home profits at this point.

kwanatic
01-08-2013, 09:59 PM
I think the percentage of skaters who make enough money to never have to work again is extremely small.

Obviously we know Yu-Na Kim made a lot of money both before and definitely post Vancouver (I think they reported she made like $7 million that year alone), plus she has numerous endorsement deals and her management company does several ATS shows a year. She's definitely a skater who (if she manages her money well) is set for life. Of course she'll continue to skate/do shows/endorse products after Sochi as well, so her earning potential over the next couple of years is going to be huge.

Michelle Kwan had a very long list of big name endorsements as well during her competitive days. All those endorsements plus TV specials, headlining tours, etc. added up a lot for her as well. I remember reading somewhere that she's another skater who is a millionaire several times over thanks to her success.

As for now, I doubt if US skaters are pulling in those kind of deals. However, Ashley seems to be doing pretty well for herself. She has the Nike endorsement and I think a Pandora jewelry endorsement as well. If she can win nationals again and place well at worlds, she'll be getting a lot more endorsements, especially if she's able to medal at worlds. This is the year the sponsors and brands start scouting people for deals heading into the Olympics. Ashley has the potential to earn a lot of money in the next year if she can continue on the path she's on...

But I think the average skater, especially the skaters not on the senior level/GP level don't make much of anything.

aliceanne
01-10-2013, 06:04 PM
Gregory and Petuchkov (they were second in the U.S. behind Belbin/Agosto) had to retire from competition due to lack of funds. Amanda Evora worked as a bookkeeper at the skating rink where she trained. If you don't get on a tour or get any product endorsements you won't get any income from skating. You might pick up a little money coaching or teaching learn to skate (or free ice time), but you can't do that full-time and train for competition too. If you medal at Grand Prix events there is prize money, but I expect most skaters use that to defray their training and travel costs.

Michelle Kwan got free ice time at Ice Castles after she became a celebrity. Scott Hamilton had a wealthy sponsor who paid his training expenses, but that was only after his parents told him he would have to quit (I think he was a junior?) because they had run out of money.

Rudy Galindo and Nicole Bobek reportedly were paid in the low six figures for touring in Champions on Ice, but that was after they had retired from competition.

I don't think for the majority of skaters it is a money making field. If you are attractive and/or charismatic you can get into shows without national/international medals but I don't think you will make enough to make a lifelong career out of it. The Sun Valley show skaters/coaches make about $30K according to one fundraiser brochure.

MacMadame
01-10-2013, 09:09 PM
I used to sponsor skaters. From what I've seen of their finances, the average skater spends a minimum of $45,000 US a year on ice time, lessons, costumes, skates, competition entry fees and traveling expenses. If they are lucky, they can get some of those costs defrayed via sponsorships. Not one of them makes money or even breaks even.

The top skaters who get internationals tend to spend more money often up to around $100,000 (though I've heard of skaters who spend even more.) If they are lucky, they get more sponsorship and USFS does defray some of their costs and possibly gives them grants, but again none of them is making a profit and they often have to get part-time jobs to cover their living expenses.

A top skater with international assignments who medals at Nationals and/or gets on TV enough might get endorsements and invited to skate in shows. Once you get invited to shows that are big enough to pay you and/or get endorsements, the possibility is there to break even and possibly even make money. However, IME, most skaters who are making a living through skating are also coaching and/or choreographing and are no longer competing as an eligible skater.

Obviously, there are exceptions to this and also everything in between, but most skaters I know are being subsidized by their parents and basically they skate until their parents aren't willing to pay for it any more, which is why a lot of them quit around high school or college age.

mathil
01-10-2013, 09:56 PM
Japanese skaters do benefit from having a lot of shows at home, but besides Mao and Daisuke who have done advertisements etc., I don't think they make that much money. Elite skaters receive funding from the japanese skating federation and have plenty of sponsors, though. Kanako has thirty companies supporting her, one of Kozuka's main sponsors is Toyota, and Akiko works for Toho Real Estate that has its own skating rink and supports her. As far as I know, Hanyu doesn't have any sponsors.

Javier Fernandez in his latest interview with Art on Ice (here (http://www.artonice.it/?q=en/node/12344)) said that last season he had to paid his training expenses with the money he earned at shows and competitions, and his federation doesn't have any money at the moment. Considering he won two GP silvers (USD $13,000 for each event) and a bronze at the Final (USD $12,000), last season he made at least $38,000.

madm
01-10-2013, 10:47 PM
I used to sponsor skaters. From what I've seen of their finances, the average skater spends a minimum of $45,000 US a year on ice time, lessons, costumes, skates, competition entry fees and traveling expenses. If they are lucky, they can get some of those costs defrayed via sponsorships. Not one of them makes money or even breaks even.

The top skaters who get internationals tend to spend more money often up to around $100,000 (though I've heard of skaters who spend even more.) If they are lucky, they get more sponsorship and USFS does defray some of their costs and possibly gives them grants, but again none of them is making a profit and they often have to get part-time jobs to cover their living expenses.

A top skater with international assignments who medals at Nationals and/or gets on TV enough might get endorsements and invited to skate in shows. Once you get invited to shows that are big enough to pay you and/or get endorsements, the possibility is there to break even and possibly even make money. However, IME, most skaters who are making a living through skating are also coaching and/or choreographing and are no longer competing as an eligible skater.

Obviously, there are exceptions to this and also everything in between, but most skaters I know are being subsidized by their parents and basically they skate until their parents aren't willing to pay for it any more, which is why a lot of them quit around high school or college age.

Well stated! I totally agree. Very few competitive skaters can subsist without parental support and part-time jobs. Nobody I know is making a profit skating except show skaters.

NadineWhite
01-11-2013, 01:11 AM
I used to sponsor skaters. From what I've seen of their finances, the average skater spends a minimum of $45,000 US a year on ice time, lessons, costumes, skates, competition entry fees and traveling expenses. If they are lucky, they can get some of those costs defrayed via sponsorships. Not one of them makes money or even breaks even.

The top skaters who get internationals tend to spend more money often up to around $100,000 (though I've heard of skaters who spend even more.) If they are lucky, they get more sponsorship and USFS does defray some of their costs and possibly gives them grants, but again none of them is making a profit and they often have to get part-time jobs to cover their living expenses.

A top skater with international assignments who medals at Nationals and/or gets on TV enough might get endorsements and invited to skate in shows. Once you get invited to shows that are big enough to pay you and/or get endorsements, the possibility is there to break even and possibly even make money. However, IME, most skaters who are making a living through skating are also coaching and/or choreographing and are no longer competing as an eligible skater.

Obviously, there are exceptions to this and also everything in between, but most skaters I know are being subsidized by their parents and basically they skate until their parents aren't willing to pay for it any more, which is why a lot of them quit around high school or college age.

I concur with madm, excellent post! :kickass:

Except for the fortuitous windfall of the 90's, skaters from the beginning of time to now have never gotten rich off skating nor turned a profit unless one was an Olympic Gold Medalist. In fact they're lucky if they break even imho, especially here in the States where skating has literally tanked. :( 2002 was the last hurrah. Still can't believe that SOI is on its last legs. That's been around since Scott started it back in the 80's. America really needs a skater or pair that will draw the public in, capture their imagination, go where no one has ever gone before! Thank goodness skating is popular in Japan though, gives everybody an opportunity to make money. :)

Anyhow, it makes me appreciate the skaters even moreso knowing that they give their all to this wonderful sport they (& we) love so much, with no guarantee of breaking even, losing money in fact.

This is why I say "GO FOR IT" whenever I read about a skater getting an endorsement or cashing in when they can. They honestly *deserve* it. And that's all I have to say about that. :cool:

Whitneyskates
01-11-2013, 06:39 PM
How much do skaters make for the Disson shows? Is the pay based on who the skater is? I'm sure certain skaters probably make more than others.

nyrak
01-11-2013, 06:50 PM
Who pays for the skaters hotels at events? I know in Canada at least the official hotel is often the best one (=most expensive) one in town....I'm assuming they have to stay at the official hotel, it's a shame it's always such an expensive place. But then again, maybe they get a group rate too ;)

gkelly
01-11-2013, 08:18 PM
Yes, there's a group rate at the official hotels.

At international competitions the federation pays the skater's expenses. At national competitions, the skater pays, and for coaches' expenses as well.

nynyfee
01-11-2013, 08:51 PM
Yes, there's a group rate at the official hotels.

At international competitions the federation pays the skater's expenses. At national competitions, the skater pays, and for coaches' expenses as well.

At international competitions the skaters pays for the coaches expenses as well!