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Itsme Liked a reply to forum topic The Bikeconomics (Mega)Thread
1/25/2024 6:14am I never understood the market of Mondraker. Back in the day when i do believe Barel and Rojo were on Mondraker (around 2008-2012) they went big in easter Europe and everyone was riding their DH bike. Same with French bikepark resorts and fleets of Mondraker DH bikes. But those days are gone and I can’t remember what was the last time to see any Mondraker on trail, whenever back in Europe or here in the US (CA, WA). If you look for their business info, you have to search for Blue Factory Team s.l.u., not Mondraker. According to some online...
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Simcik Added a reply to The Bikeconomics (Mega)Thread
1/25/2024 7:42am 9-10% net profit after all costs/expenses is not unheard of for sustainable businesses. 7.5 million is a pretty good profit. And it also means they are operating in the black. I recently saw an article talk about Rapha, and they have finished the last 7 years of business in the red. Demo bikes at bike parks is generally a marketing...
TheSuspensionLabNZ Liked a reply to forum topic MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 12:02pm The liv golf thing was/is a wild story and maybe relevant but for a different reason? Basically the PGA held a monopoly on players & tournaments which made it tough for new players to own their image, media and where they could play. LIV stepped in to give players more freedom and control over their careers which really shook up the industry. They are definitely not saints but it exposed the PGA and its practises and forced some massive shake ups (including an eventual merger which stitched up the guys who rejected big offers to go to LIV). Point is...
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roundman69 Liked a reply to forum topic MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 10:12am I think people would be very surprised how low salaries are for support staff. I know of one mechanic working for a decent team that was paid in the form of a bike. Sure they got to "travel" but it was very low. While it may seem like there are only a few days of "work" they are huge days and don't forget, these guys drive the van around and spend months away at a time. Some of the teams down even spring for a hotel with one big team having the mechanics sleep on the race truck... It's a...
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human powered suicide machine Liked a reply to forum topic MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 9:39am I'm kinda torn on the subject, I can understand outside money might help the elite to make a better living from racing but does it make the sport better? Do we have an example of a lame sport that became better because of better funding.. I don't have an immediate opinion but I can't think of anything. BMX does not have much funding but IMO is cool AF. They maybe have bigger events with outsider sponsors like the X-games. I can also see the impact of the Olympics on the development of XC, and BMX in many countries.. We should...
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Simcik Added a reply to MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 9:40am I contend that some sports such as MTB became cool/grew because of outside sponsorship. Outside sponsorship brings about visibility of the sport which brings in more resources, participants, and venues for the sport to be seen/participated in. Rampage only happened because of Red Bull. Sure it might have happened eventually but Red Bull made it happen in 2001. That event...
sspomer Liked a reply to forum topic MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 9:35am @Simcik since you brought up the marlboro thing, do you think there will ever be a time 5-10-20 years from now when we look at energy drinks like cigarettes? sure the money is huge for racers and events etc, but is the long-term cost (thinking about health of those who consume the product) worth it? i'm not trying to be holier than thou at all, but i've always found this topic interesting. can *controversial* sponsors buy their way in if the money is right? thinking that whole liv golf thing (which i don't know much about).
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Simcik Added a reply to MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 8:56am Certainly a fair point, but keep in mind that there is an 'acceptable' number of alcoholic drinks a person can have each week. But many sports are limiting the amount of sponsorship (via visibility allowed on athletes or vehicles) of alcohol brands. I am not really sure that is fair to say these sports management teams and athletes are lazy...
Simcik Added a reply to MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 8:40am That is definitely an interesting point. I think it is shown that they currently can. How long each of those lasts is TDB. Though if you look at some of the riders getting sponsored by CBD and OF, they can be limited, but when the interested sponsor goes for the whole league or series (LIV), then the rules change a...
Bítel Liked a reply to forum topic MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 8:07am In the "Golden age" of XC mtb in Spain (early 90's), many big sponsors were alcohol or tobacco firms and we had the "Larios DH Cup" (gin), the "J&B XC Cup" (whiskey), "Team Coronas mtb" (tobacco) and others. Money was flowing, good times. Years later (after the tobacco and alcohol sponsorship and advertising ban) I still remember the Grundig World Cup and others. Maybe not tobacco and/or alcohol, but I think external money can be very welcome back in the mtb circus.
This forum topic has 36 replies.
Simcik Added a reply to MTB Racing and Outside-of-the-Industry Money/Sponsorship
1/24/2024 7:45am First off, we already have some pretty successful examples of outside sponsorship. Think Red Bull, Monster, Rockstar, Clifbar. Those have allowed some athletes to afford houses and make a true career out of being a rider/racer. Look at other professional racing/sports. They all have outside industry sponsors and even some cycling brands sponsor outside the cycling industry (Specialized/Intense) supporting MX/SX...
All-MTN-MTB Liked a reply to forum topic 2024 TEAM RUMORS
1/23/2024 2:30pm I think you're overestimating the salaries of DH riders and support staff by quite a bit. The top 5 or 10 in the world might average $100k salary with a capped bonus structure but after that, the top 10-25 probably make $25k with good bonus structure or $40k with a small bonus structure. Outside the top 25 and juniors is probably $15k salary or less. Mechanics are probably paid at most what you're suggesting, but realistically a little lower. All that said, Neko's budget sounds lean, but very doable when you have smart minds like his and Martin's running things.
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bizutch Liked a reply to forum topic 2024 TEAM RUMORS
1/23/2024 2:29pm Too true. All the YouTuber trail narcs & Strava KOM lorders have to brag to the world for the clicks. Even if a team rig rolls up...without the narcs, you'd still have to find it, test it out and do work to get to and from. DH trails are dead now though. "Trinidad" and all the others are now the domain of the SurRon urban vape douches and their next IG reel featuring ASAP Rocky and their comments to outraged locals of "you seem turnt bruh. chill"
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jeff.brines Liked a reply to forum topic The Bikeconomics (Mega)Thread
1/23/2024 2:24pm Just FYI - Someone who I will not name reached out to me from Scott suggesting the net margin numbers I was using are not correct. I'm going off a press release, so I'm not correcting anything I wrote until I see a correction elsewhere or similar. That said, I just wanted to be transparent here in the case someone is reading this stuff who actually makes decisions/cares/etc.
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Jason_Schroeder Liked a reply to forum topic Is it the Bike or the Rider?
1/19/2024 11:36am It's 95% the rider. Case in point: Jackson won World Cups his first-year Elite on the new V10, while Greg struggled all year to find a good setup. Or for you Moto fans: Chase Sexton battled with the Honda the past two years, while Jett Lawerence moved up to 450s over the summer and went 22-0. I've watched plenty of really talented riders hop on different bikes and go really fast. Shit, Dakotah beat me on a Morpheus multiple times. The sweet sauce is understanding setup, having resources (like the ability to evolve a bike to match one's style), and...
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Dave_Camp Liked a reply to forum topic Is it the Bike or the Rider?
1/19/2024 11:35am I think this forum (and industry in general) makes too much fuss about the frame design. I think the fork is as or more important than frame, your front wheel has to steer and do the majority of the braking. Id rather race a good fork over a good frame if I had to choose. But to answer the question- it’s 90% rider 10% bike. And any rig out on the circuit can get you 7-8% with proper setup and tuning.
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sspomer Liked a reply to forum topic The Bikeconomics (Mega)Thread
1/18/2024 10:28am totally agree. when the new uncaged capra came out the other day at $6500 with X0 transmission and ohlins, my initial reaction was "whoa, that's expensive." it's not really expensive, but it's not $4700 like the capra uncaged model being blown out a few weeks ago. def a grab-the-popcorn-and-watch year for the market!
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Masjo Liked a reply to forum topic The Bikeconomics (Mega)Thread
1/18/2024 10:28am I'm more interested in how the reaction to price increases will go for companies that have had year+ long firesales. It's one thing to discount a product even if it is 40-50% for a bit as that's how most 'sales' work, but how do you justify a price increase when your product has been even just 20% off for over a year?
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Simcik Added a reply to The Bikeconomics (Mega)Thread
1/18/2024 8:45am They launch a new product... Discounting is done across all sorts of markets/industries when a product is being discontinued or replaced with a new model. Keep in mind that the big brands are also discounting. The goal being that they sell out of the old model just in time for the new model to launch and keep the revenue stream...
WhiskeyRiver Liked a reply to forum topic 2024 TEAM RUMORS
1/16/2024 2:53pm
This forum topic has 4554 replies.