$7.5 Million says Chad's year wasn't so bad...

Whitey
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Edited Date/Time 1/26/2012 11:43am
At the moment an Aussie dollar is almost equal to a Yankee dollar

http://www.foxsports.com.au/golf/greg-norman-loses-highest-earning-athlete-tag-to-f1-driver-mark-webber/story-e6frf3oc-1225964044005?from=public_rss

Greg Norman has been dumped from the annual BRW magazine list of Australia's top sports earners after 15 years at the top with Formula 1 driver Mark Webber taking over at the top.


BRW Rich List 2010
1. Mark Webber (motorsports) $13.4 million
2. Andrew Bogut (basketball) $12.6 million
3. Chad Reed (motorsports) $7.5 million
4. Casey Stoner (motorsports) $6.8 million
5. Tim Cahill (soccer) $4.2 million
6. Marcos Ambrose (motorsports) $4.2 million
7. Adam Scott (golf) $4.1 million
8. Ricky Ponting (cricket) $3.9 million
9. Robert Allenby (golf) $3.6 million
10. Harry Kewell (soccer) $3.5 million



While 55-year-old Norman would probably still top the list, BRW Rich List editors have made a decision that the earnings should be related to on-going sports performance not business-based.

Former world No.1 Norman rarely plays a tournament these days.

"Former BRW Top Sports Earner List No.1 Greg Norman has been removed from the list this year to reflect the continual slowdown in his playing commitments," a statement from BRW said.

"Norman still makes millions but almost all of his money comes from property development and other business deals."

Fourth last year, Webber leapfrogged last year's No.2 Andrew Bogut to become the new top earner after raking in $13.4 million during his stellar Formula One season.

The 34-year-old won four grands prix and came third in the driver's championship.

NBA star Bogut was second for the second-straight year after raking in $12.6 million with Chad Reed third ($7.5 million), just ahead of fellow motorcycle star Casey Stoner ($6.8 million).

Tennis star Samantha Stosur, who made it to the French Open final and finished the year ranked No.6 in the world, is the only woman inside the top 50.

Stosur earned $2.9 million to be placed 15th on the list.

Cricket captain Ricky Ponting was the highest paid domestic star, earning $3.9 million in the past year to be the eighth highest earner.

BRW Rich Lists editor Andrew Heathcote said the disparity between those overseas and those at home is nothing new.

"It is still very difficult to earn massive salaries in Australia," Heathcote said.

"Hundreds of footballers earn good money at home but even our highest paid footballers still don't earn as much as a diverse range of overseas based athletes."

Golfer Michael Sim was the highest new entry in the list, coming in 30th with $1.6 million earned, while world snooker champion Neil Robertson just snuck into 47th position.
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11/30/2010 11:44pm
not bad for handful of races Woohoo its amazing he pulls more than Casey Stoner
Whitey
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11/30/2010 11:46pm
Stoop wrote:
not bad for handful of races Woohoo its amazing he pulls more than Casey Stoner
And still 99.9% of the population here wouldnt know who he is...crazy
dv12.com
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11/30/2010 11:51pm
I'm skeptical with those numbers even if it is Australian dollars...
gnarwhip
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12/1/2010 12:08am
He deserves every dollar. Chad is a bad mofo and he is my honest pick for the title in '11. If you bet against Chad in sx, there's a very good chance you'll lose.

The Shop

porpunka
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12/1/2010 12:22am
dv12.com wrote:
I'm skeptical with those numbers even if it is Australian dollars...
Im pretty scepital too, seeing as I just lost my specticals, Woohoo
JB 19
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12/1/2010 1:25am
Hard to believe he banked more than Stoner. Hmmm He got very few bonuses as well. I don't even know that I would believe 3 million..........but what do I know anyway.
FastEddy
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12/1/2010 1:49am
JB 19 wrote:
Hard to believe he banked more than Stoner. Hmmm He got very few bonuses as well. I don't even know that I would believe 3 million..........but...
Hard to believe he banked more than Stoner. Hmmm He got very few bonuses as well. I don't even know that I would believe 3 million..........but what do I know anyway.
Here is an article from 08 saying he was making 7.8mil.
http://www.heraldsun.com.au/sport/motor-racing/dirt-bikers-v8-dream/sto…

With his endorsements,7.5 is very possible for 2010.
Crush
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12/1/2010 2:16am
Is it make from new income from teams, sponsors etc, or does it take into account earnings from assets?!
BobbyM
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12/1/2010 2:36am
maybe he has a Chinese accountant...Smile
rangot
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12/1/2010 4:05am
Chad is one smart guy... Hope he kills it next year.
Sunhouse
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12/1/2010 5:08am
I´m sure the guys who´ve banked big money over a number of years are smart enough to have financial advisors who invest their money for the future
seth505
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12/1/2010 6:19am
Wow, I don't believe he made more than Stoner either! that is crazy
ATKpilot99
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12/1/2010 6:21am Edited Date/Time 12/1/2010 6:23am




You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.
hurtssogood
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12/1/2010 6:42am Edited Date/Time 12/1/2010 6:42am
dv12.com wrote:
I'm skeptical with those numbers even if it is Australian dollars...
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical?
This is based on any earnings for the year, which can have carry-over from 2009 (bonuses, investment income, dividends etc) I believe it is a low estimate!

Now, 2011 is a different story!
RedRider31
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12/1/2010 6:59am
Would seem "not bad" for most of us, but with top racers like that, bad enough since he wasn't winning. Nice chunk of change though for an off year.
ando
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12/1/2010 7:05am Edited Date/Time 12/1/2010 7:06am
dv12.com wrote:
I'm skeptical with those numbers even if it is Australian dollars...
I would say it's probably total income from all sources. If you read through the article Greg Norman was at the top of the list for many years, even though he hardly played any tournaments in recent years. Just about all his income was business derived, not sport derived.

Also it's interesting to reference to last year. Chad was quoted as saying that last year (2009) he made more money from his investments that from his riding. If you consider that with Suzuki he probably had a fat salary plus he won a title and came second in another, that he probably made well over $10m in 2009. So it might actually be a drop in income.
dv12.com
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12/1/2010 7:08am
ATKpilot99 wrote:
You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.




You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.
Cricket is the 2nd most popular sport in the world after "real football", soccer. It's more like US Sports' player are overpaid... ;-)
ando
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12/1/2010 7:08am
ATKpilot99 wrote:
You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.




You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.
Ha! Actually there are possibly other players making even more. Cricket is huge in India, and they have a massive population base and budget to match.
ando
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12/1/2010 7:11am
ATKpilot99 wrote:
You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.




You can make 3.9 mil doing this ? Ha just noticed Google on the players shirt. Not a bad sponsor.
And you get lunch and tea breaks!!
dv12.com
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12/1/2010 7:11am
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical? This is based on any...
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical?
This is based on any earnings for the year, which can have carry-over from 2009 (bonuses, investment income, dividends etc) I believe it is a low estimate!

Now, 2011 is a different story!
$2M from Kawi/Monster tops and a $1M head to toe gear deal. Where are the other $4M coming from? A vegemite importation we don't know about?
12/1/2010 7:16am
I wonder what he paid out? I bet some of that money was from insurance policies from both getting hurt in Supercross and then getting sick in Motocross.
hurtssogood
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12/1/2010 7:28am
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical? This is based on any...
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical?
This is based on any earnings for the year, which can have carry-over from 2009 (bonuses, investment income, dividends etc) I believe it is a low estimate!

Now, 2011 is a different story!
dv12.com wrote:
$2M from Kawi/Monster tops and a $1M head to toe gear deal. Where are the other $4M coming from? A vegemite importation we don't know about?
Probably not sponsorship, but investment income. Any profit from any source is calculated in these numbers. Insurance money is considered income as well.

How about the Vodafone deal? Any income from that deal would also be added. Although, I doubt those are big income earnings.

If you earn $1M and you spend $1M, it is still considered $1M income (especially when being used as highest paid).

Fuzion
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12/1/2010 7:46am
Funny how they give the 2010 earnings when there's still 1 month left on the year????
Sunhouse
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12/1/2010 7:48am
So I presume these numbers are from 2009?

Contract +
championship bonus+
moto/ race win bonus+
gear+
outside sponsorships+
Aus SX series+
investments = LOADS of $$

I´m just guessing here, and I feel guilty for even writing what I think someone I don´t know earns - none of my business. But either way: good on him! He deserves all the money he earns
FastEddy
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12/1/2010 7:56am
dv12.com wrote:
$2M from Kawi/Monster tops and a $1M head to toe gear deal. Where are the other $4M coming from? A vegemite importation we don't know about?
His Thor contract was 1mil alone wasn't it?
Scott?
Alpine Stars?
Monster personal sponsor maybe?
illegal Kangaroo Fighting Ring?
Perhaps he made some bucks from his own series also....
nytsmaC
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12/1/2010 8:37am
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical? This is based on any...
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical?
This is based on any earnings for the year, which can have carry-over from 2009 (bonuses, investment income, dividends etc) I believe it is a low estimate!

Now, 2011 is a different story!
dv12.com wrote:
$2M from Kawi/Monster tops and a $1M head to toe gear deal. Where are the other $4M coming from? A vegemite importation we don't know about?
Bonus money for turning in his practice bikes with no visible signs of use.
ando
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12/1/2010 8:50am
nytsmaC wrote:
Bonus money for turning in his practice bikes with no visible signs of use.
Whistling
Brent
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12/1/2010 8:52am
I bet they are pulling numbers from 2009, unless Chad had some huge outside investment that returned big this year.

And how would anybody but Reed and his accountant know the real number anyway?

I think somebody is just making shit up here.
smit9722
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12/1/2010 9:00am
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical? This is based on any...
I actually believe this number to be very close to real (of course, I am a nobody!). Why are you skeptical?
This is based on any earnings for the year, which can have carry-over from 2009 (bonuses, investment income, dividends etc) I believe it is a low estimate!

Now, 2011 is a different story!
dv12.com wrote:
$2M from Kawi/Monster tops and a $1M head to toe gear deal. Where are the other $4M coming from? A vegemite importation we don't know about?
You got it wrong it was a marmite deal.
12/1/2010 9:08am
nytsmaC wrote:
Bonus money for turning in his practice bikes with no visible signs of use.
ando wrote:
Whistling
Gotta love the internet where now all of a sudden we're gonna go after Reed for not practicing?

Even the biggest Reed haters online will defend Reed's preparation. I think this is one of the silly posts Guy B talks about?

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