Posts
6583
Joined
5/7/2008
Location
Charleston, SC, USA
Edited Date/Time
5/30/2012 6:43pm
wow. just said it on pulpmx. thats a ball park for a guy like dean wilson. didnt say for how long. 1 year? 3? either way, holy shit.
i know people were always curious about this stuff. and its always so secret. so cool to finally hear a figure.
seems like the main stream sports its pretty easy to find contract figures.
The Shop
Luxon 4-Post Bar Mounts
$189.95 - $239.95
DeCal Works Huge Plastic Inventory of UFO and Polisport kits.
And keep in mind that they'd better make it while they can. What if Wilson's shoulder problem becomes chronic and he winds up unable to ride any more? Does anyone think he's made enough money to retire at 21 or whatever, and never work again? The rule of thumb is that you can withdraw about 4% of your savings every year and assume your investment income will prevent you from running out of money - if you have managed to save one million dollars, that means you have to live on $40K/year for the rest of your life. That's not a whole lot of money. You can make investments that allow you to withdraw more, but only by taking more investment risk. Bottom line is that a rider who wants to raise a family needs at least 3 million or so in the bank to stop working completely in his 20s. That's hard to do, even when you're getting $80K/yr for a goggle contract.
People who think little Johnny is going to be financially set for life because he did good at Loretta Lynns should keep this stuff in mind.
Pit Row
I heard this argument many times about the Leatt brace......why so much, it can't cost that much to make etc. The cost to insure, develop, market etc can be an enormous upfront cost that takes years to make.
The vast majority of goggles sold are not the high zoot $90 models either. $30 is the heart of the market. How much margin can there really be on a $30 goggle ??
How many goggles have to be sold to pay a person like Bevo for what he has done to represent the sport and brand he is representing.
Take Scott as an example..... most of us associate Scott with goggles and moto. Much of their business is now focused on other sports like skiing and cycling.
Now if we talk other products, take that first generation RXR protector that you sent me a few of for the Chase Borders and Nick DePalo fundraisers. They were and still are state of the art and ahead of their time and I would probably pass out from seeing the R/D costs associated with bringing that to market.
Goggles though? Established companies like Oakley, Scott, Dragon make money hand over fist on their products.....I have no doubt. Also, I'm a capitalist and I hope these companies make hundreds of percentage points over their costs for profit....I just hate that so many are made in China.
Same thing being said for gear and energy drink companies. Very smart marketing on their part. Im sure its worth well over $80,000.oo.
www.motoxchange.net
Same thing being said for gear and energy drink companies. Very smart marketing on their part. Im sure its worth well over $80,000.oo.
www.motoxchange.net
My son was a big Vuilleman fan so he wears Dragon goggles. Then he went out and bought sunglasses the other day and guess what? Dragons. And expensive (to me) Dragons.
If it doesnt matter then why are lites SX race wins and titles in the record books?
Tell KDub, Ferry, JLaw and Fonseca their championships mean nothing.
The record for dumbass comments and posts on Vital have gone up drastically as of late.
Get paid $25,000 a year to race I would take that. The factory guys have it made. Let them get a real job and only get
to ride on the weekends and see how they like it. These companies should spread the wealth among the riders instead
of having one overpaid rider.
The point is, people often look at big dollars that the top guys make (like a rumored $80K goggle deal even if you believe that number), look at little Johnny blowing everyone's doors off in the 250C class at Loretta's and assume he's going to be set for life in a few years. They need to re-think that. Maybe little Johnny really will hit it big, but the odds are way against it.
Post a reply to: $80,000 to wear some goggles.