Jeremy Martins comments on MX nation video

kongols
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8/12/2016 11:36am Edited Date/Time 8/12/2016 11:39am
I have a real problem with everyone here treating JMart as a victim on every issue. Bullshit of highest order.
Flatliner
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8/12/2016 11:37am
Two championships and paycheck to paycheck? Doesn't he get win and title bonuses?
Guys were getting a million dollar bonus for titles not long ago.

No way Martin didn't get a minimum of a half mil for each title.

RC got 125k from Kawasaki for his first title in 97.
8/12/2016 11:38am
Just spitballing numbers here... You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost...
Just spitballing numbers here...

You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost close to $100k a year.

Practice mechanics maybe $24k a year?

Your easily spending close to your total income as a 250 rider but hoping to get that multimillion 450 contract which makes your investment worth it.
You pretty much nailed it Joe. Although I know Savetgy was a beneficiary of RC lowering his price to get someone in there to pay the bills. Joey use to live here by me, I've known the family for 15+ years and Joe went "all in" when he decided to pack up and move to Georgia so Joey could go live @ MTF. (He was still on an 85 when they moved) Joe worked for Coleen as the onsite mechanic to help the other kids that lived there and to help with the costs of Joey being part of MTF. I would've thought that Joey would've learned enough to do it on his own, but there must be a good reason to be still paying for the Carmichael Farm. Maybe it's mostly to keep the father/son thing healthy, along with having top notch tracks to ride, but there's something that he feels the need to continue to pay good money to be part of it. Having someone push you to perform at your best is a key part of success, but there's a price to pay for these guys and six figures is the going rate.... Kind of tough when the salary of these 250 kids isn't much more than what they're putting out for the trainers.

I've said it before, but I'll repeat myself. "It's a TOUGH way to make a living" . Even when you've actually made it, there's just not very much money left when the dust settles. (Talking about everyone but the top 450 guys)
8/12/2016 11:48am Edited Date/Time 8/12/2016 11:50am
jl0822 wrote:
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring...
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring a mechanic
kind of embarrassing for our sport, our 2 time defending champ in that situation,
was he exaggerating for effect?Dry

so question is ...........
how much are these trainers charging?
whats the cost of training at RCs farm?
canard & davalos work with tim ferry, what are ferrys fees for his service?
Rhyno? RR? rattray? buddy antunez? swanie? and ofcourse baker? im sure there are others
does it really cost an arm and a leg to get their service?

Maybe he's broke because of that huge house he just bought.


Let me add that I don't believe he's broke for a second. Omara told me a penny would squek before leaving his fingers.

The Shop

IceMan446
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8/12/2016 12:20pm
UpTiTe wrote:
Maybe he's broke because of that huge house he just bought. Let me add that I don't believe he's broke for a second. Omara told me...
Maybe he's broke because of that huge house he just bought.


Let me add that I don't believe he's broke for a second. Omara told me a penny would squek before leaving his fingers.
I dont think he is either. I think he was in 2014 leading up to his titles though. Having not done much before that his salary probably wasnt much and it was spent on earning that first title.

He and his brother both are smart dudes and I dont see them wasting ANY money.
ACBraap
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8/12/2016 12:40pm
As a general rule, don't believe claims of how much $ someone has or doesn't have without them showing you financials. The Martin's seem like good kids...but I'd especially follow that rule if the numbers are coming from a home schooled mx racer.

Even people with one or more college degrees who should know better frequently don't fully understand their own finances.

GrapeApe
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8/12/2016 1:31pm
kongols wrote:
I have a real problem with everyone here treating JMart as a victim on every issue. Bullshit of highest order.
Did Webb buy your account from Stewart?
Flip109
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8/12/2016 1:44pm
kongols wrote:
I have a real problem with everyone here treating JMart as a victim on every issue. Bullshit of highest order.
GrapeApe wrote:
Did Webb buy your account from Stewart?
Laughing
MDMCG
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8/12/2016 1:45pm
jl0822 wrote:
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring...
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring a mechanic
kind of embarrassing for our sport, our 2 time defending champ in that situation,
was he exaggerating for effect?Dry

so question is ...........
how much are these trainers charging?
whats the cost of training at RCs farm?
canard & davalos work with tim ferry, what are ferrys fees for his service?
Rhyno? RR? rattray? buddy antunez? swanie? and ofcourse baker? im sure there are others
does it really cost an arm and a leg to get their service?

Even if he made 400k/year he's going to run out of money. That's about 20k/mo after taxes. Subtract his houses, cars, insurance, nutrition, trainers, mechanics, travel expenses, renting tracks, etc.

It goes fast.
8/12/2016 1:55pm
Just curious, but should he have himself set up like a business? Wouldn't he be able to claim everything on taxes?
hvaughn88
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8/12/2016 2:02pm
Just curious, but should he have himself set up like a business? Wouldn't he be able to claim everything on taxes?


CarlinoJoeVideo
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8/12/2016 2:23pm
Just curious, but should he have himself set up like a business? Wouldn't he be able to claim everything on taxes?
Just because it's an expense doesn't mean you save that money, you just aren't taxed on it.

A simple example(I know there's tons of writes offs, but to make it easy):
$100,000 Salary
-$30,000-Trainer
-$20,000- Practice Mechanic
-$20,000- Travel
=$30,000 In the riders pocket at the end of the day
-($10,000)30% for taxes- (You could be smart and live in a state income tax free state and save 10%)
=$20,000 After taxes
-$10,000 Cost of living outside of motocross
=$10,000 of savings in riders bank account, and that's if you are lucky

ML512
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8/12/2016 3:02pm
Langhammx wrote:
While I don't agree with these top riders needing a personal trainer and riding coach to make it in this sport, there are some benefits to...
While I don't agree with these top riders needing a personal trainer and riding coach to make it in this sport, there are some benefits to having one or even both for some of them. Reed is the only one that I a, aware of that has never had either... Roczen spent plenty of money with Aldon and I think it helped him get to where he is now. Aldon has PROVEN that he is valuable to several guys, but there has been several that couldn't jive with his routines. Barcia hired Johnny and ended up cutting ties with him after complaining that all they did was ride bicycles. Then Barcia continues to race MTB races, go figure... Same thing happened to J.Martin when working with Johnny. While Johnny may emphasize a little too much on the cycling, I think he's a great mentor for the kids coming up. He's also very knowledgable on nutrition and recovery. (J. Martin may disagree with the recovery part....)

I have seen plenty of guys over the years succeed without hiring a trainer or riding coach, but it seems to be a very popular beleif that they are NEEDED to succeed in today's racing. Its become a way for X-racers to make a living, training amateurs, which can be a good move for the parents. By this I mean correcting bad habits, before it's too late and being the riding coach makes life a WHOLE LOT EASIER on the parents. Kids will listen to a "riding coach" but listening to their dad, who is frustrated and yelling is a recipe for disaster. Too many talented kids have lost their desire to continue to race, after continuous arguements (even abuse) from their parents.

But I'd have to agree that the whole "Trainer" thing has become overrated and there are so many different opinions on training or coaching a rider. Once these guys have made a name for themselves, I don't think it's necessary to be paying someone to "coach" or "train" them. What Aldon, Carmichael farm and MTF have is an advantage for the guys coming up thru the amateurs, because of the tracks they get to ride and the other kids they get to ride/ train with. Although it can be done without them, I do see it as an advantage for sure.
Reed has worked with trainers before, his last one was the one Ken Roczen is using now (Peter Park).
a22
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8/12/2016 3:34pm
Probably is true he has no money. I heard on here he lives and camps in a Tent or something!Sad
Torco1
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8/12/2016 3:37pm
I miss the days when all the training you needed was this......

stone881
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8/12/2016 4:05pm
Seems to me that a lot of the coaches, whether it be Baker, Jeanie, or any number of ex-pros, are acting as much as psychologists to the racers as anything. I think we've all had a bad race, or broken a collarbone and struggled afterwards to nut up and jump something we did 100's of times before. And some guys especially are more of a head case than others and need to be kept on the rails.

I guess its the guys like Carmichael who are ultimately the lucky ones and have their parent as their coach/shrink/nutritionist throughout their entire career. But then you have the Alessi's, and any amount of money is worth paying to not have Tony as your track shrink.

Skidaddle
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8/12/2016 4:53pm
jl0822 wrote:
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring...
In the video Jeremy mentions he was tapped out, living pay check to paycheck, all results of training at RCs farm, hiring a trainer, and hiring a mechanic
kind of embarrassing for our sport, our 2 time defending champ in that situation,
was he exaggerating for effect?Dry

so question is ...........
how much are these trainers charging?
whats the cost of training at RCs farm?
canard & davalos work with tim ferry, what are ferrys fees for his service?
Rhyno? RR? rattray? buddy antunez? swanie? and ofcourse baker? im sure there are others
does it really cost an arm and a leg to get their service?

UpTiTe wrote:
Maybe he's broke because of that huge house he just bought. Let me add that I don't believe he's broke for a second. Omara told me...
Maybe he's broke because of that huge house he just bought.


Let me add that I don't believe he's broke for a second. Omara told me a penny would squek before leaving his fingers.
Your bathroom costs more than the whole millville property probably.
peelout
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8/12/2016 4:57pm
Torco1 wrote:
I miss the days when all the training you needed was this...... [img]https://media.giphy.com/media/l2JeeiVJzPmuMIRlS/giphy.gif[/img]
I miss the days when all the training you needed was this......

oh it's still going strong, come to Ogden TorcBro
Skidaddle
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8/12/2016 5:09pm
Just spitballing numbers here... You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost...
Just spitballing numbers here...

You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost close to $100k a year.

Practice mechanics maybe $24k a year?

Your easily spending close to your total income as a 250 rider but hoping to get that multimillion 450 contract which makes your investment worth it.
What other sport does this happen?

In your scenario, everyones getting paid but the star.

CarlinoJoeVideo
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8/12/2016 5:21pm
Just spitballing numbers here... You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost...
Just spitballing numbers here...

You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost close to $100k a year.

Practice mechanics maybe $24k a year?

Your easily spending close to your total income as a 250 rider but hoping to get that multimillion 450 contract which makes your investment worth it.
Skidaddle wrote:
What other sport does this happen?

In your scenario, everyones getting paid but the star.

We are just throwing out examples, I have no knowledge of what these guys make or how much they pay for services, so definitely take it with a grain of salt. In just showing how fast $100,000 will go as a business.

The star is getting paid, he's just choosing to invest in his program. When you are a 450 guy making $300,000 per year and expenses are simaler, you will be saving $150,000 a year in your bank.

Every sport and buisness is the same that I know of. Moto guys spend a lot of money on training and back into their program to be on top. Imagine what the costs are to have your of facility like Barcia, Trey or Reed?

kzizok
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8/12/2016 5:27pm
Skidaddle wrote:
What other sport does this happen?

In your scenario, everyones getting paid but the star.

Football, baseball, soccer, boxing, MMA......

Trainers, nutritionists, hangers on, entourage, posse, nanny, coaches, driver, PR, social media manager.....
kzizok
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8/12/2016 5:32pm
Basketball, track and field, swimming, golf, tennis, skiing, cricket (well....).......

Hitting coach, chef, accountant, psych coach, life planner, wife.....
Braap19
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8/12/2016 6:25pm
Just spitballing numbers here... You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost...
Just spitballing numbers here...

You gotta imagine to train at Ricky's place with his parents, the facility and Ricky being at the races it will cost close to $100k a year.

Practice mechanics maybe $24k a year?

Your easily spending close to your total income as a 250 rider but hoping to get that multimillion 450 contract which makes your investment worth it.
Skidaddle wrote:
What other sport does this happen?

In your scenario, everyones getting paid but the star.

We are just throwing out examples, I have no knowledge of what these guys make or how much they pay for services, so definitely take it...
We are just throwing out examples, I have no knowledge of what these guys make or how much they pay for services, so definitely take it with a grain of salt. In just showing how fast $100,000 will go as a business.

The star is getting paid, he's just choosing to invest in his program. When you are a 450 guy making $300,000 per year and expenses are simaler, you will be saving $150,000 a year in your bank.

Every sport and buisness is the same that I know of. Moto guys spend a lot of money on training and back into their program to be on top. Imagine what the costs are to have your of facility like Barcia, Trey or Reed?

Im curious as to what bagget spent on his ranch. He once said he spent all of his championship money on it and then some. Pretty impressive place if you ask me.
51xc
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8/12/2016 6:36pm
maybe it's just a little 'payback' because the deal with rch fell through. who knows...
JWoods126
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8/12/2016 6:53pm
You guys are taking Jeremy way too literally. The Martin's are some of the most frugal but smart with their money riders out there right now. Jeremy still drives the same van he had as an amateur. He has a lot of money stashed away somewhere. Him and Webb were the highest paid salary riders in the 250 class the last two years.
8/12/2016 7:01pm
a22 wrote:
Probably is true he has no money. I heard on here he lives and camps in a Tent or something!Sad
Can't even afford a tent with sides!
Fourth_Floor
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8/12/2016 9:25pm
What really is the purpose of these guys paying for trainers? They have won championships, wouldn't you think they would know by now on their own what workouts or whatever the hell they need to be doing or what diet to be on to keep in race shape? I remember watching a documentary about Fedor Emlienenko (the greatest MMA fighter to ever exist) and the gym the dude trained at was worse than any gym you could sign up for here. The weight machines were all rusted and shit like that, looked to be 20 years old. The dude ran around in the Siberian Forest in the dead of winter for endurance training and pretty much kept to himself outside of his training buddies. I believe he enjoyed painting when he wasn't doing the above. The guy cleaned pretty much everybody's clock that they put against him for 10 years straight or something ridiculous like that. Why do these guys here feel they need all this expensive crazy training facilities and people for them to win races? What is Aldon Baker teaching Ryan Dungey that he already doesn't know by now? If Aldon called in sick would all the guys really just sit around b/c they have no clue what they should be doing or working on?
USMCMXer
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8/12/2016 10:14pm
kongols wrote:
I have a real problem with everyone here treating JMart as a victim on every issue. Bullshit of highest order.
Easy, Kongols, your love affair with Coop is driving you to a lot of negativity toward ol' J-Mart. You can't change the past two years, he won and your boy didn't. Fact is, Coop has been hurt too much. Sorry, but those are the facts. He'll most likely be the champ this year, so gear down big shifter. Then you can change your avatar to a muddy #2. Prob solved. You're welcome. Wink
Starcrossed
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8/12/2016 11:09pm Edited Date/Time 8/12/2016 11:18pm
Braap19 wrote:
Im curious as to what bagget spent on his ranch. He once said he spent all of his championship money on it and then some. Pretty...
Im curious as to what bagget spent on his ranch. He once said he spent all of his championship money on it and then some. Pretty impressive place if you ask me.
kongols
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8/13/2016 12:43am Edited Date/Time 8/13/2016 12:46am
USMCMXer wrote:
Easy, Kongols, your love affair with Coop is driving you to a lot of negativity toward ol' J-Mart. You can't change the past two years, he...
Easy, Kongols, your love affair with Coop is driving you to a lot of negativity toward ol' J-Mart. You can't change the past two years, he won and your boy didn't. Fact is, Coop has been hurt too much. Sorry, but those are the facts. He'll most likely be the champ this year, so gear down big shifter. Then you can change your avatar to a muddy #2. Prob solved. You're welcome. Wink
I will change it once Stewart announces retirement. To whatever Coop will be running. I became a huge fan after his last years performances on a 450. That was pure heart. Before that I wasn`t that big of a fan of Webb.

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