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Four cyclists among Team GB's 10 top-earning Rio medal winners

Wiggins, Cavendish and Froome all make top five - but their wealth dwarfs that of four time Olympic champ Laura Trott

Three cyclists – Sir Bradley Wiggins, Mark Cavendish and Chris Froome – are among the five wealthiest Team GB medal winners at Rio, according to The Sunday Times [£].

The ranking, based on analysis by The Sunday Times Rich List team, is unsurprisingly topped by tennis star Andy Murray, who has a reported net worth of £62 million, followed by golfer Justin Rose, at £33 million.

While some people insist that there should be no place in the Games for those sports, two-time Olympic gold medallist Murray has said he sees the tournament as a ‘fifth major.’

Meanwhile Rose, unlike some of his rivals on the tour, fully embraced the chance of competing in Rio and came home with the gold medal.

Next on The Sunday Times’ list come Wiggins, Cavendish and Froome, whose net worth is put, respectively, at £13 million, £12 million and £10 million.

While endorsements will play a part in that, mainly those figures are likely to reflect the seven-figure annual salaries that male pro cyclists at the top of their game are able to command from their trade teams.

That’s not an option for the next two names on the list – the heptathlete Jessica-Ennis Hill in sixth, and long-distance runner Mo Farah, at £5 million and £4 million respectively.

In their cases, wealth will have been built on commercial sponsorship such as Ennis-Hill’s long-running deal with Santander or Farah’s with Nike, plus appearance and prize money to compete in events.

Triathletes Alistair and Jonathan Brownlee – inseparable even on a list ranking sportspeople by earnings – come next at £3.5 million.

They’re followed by diver Tom Daley, winner of bronze in Rio, as he was in London, his net worth of £2.5 million reflecting perhaps the pulling power of some athletes’ personalities rather than their Olympic performance.

Indeed, ahead of the 2012 Games, Daley was criticised by British diving’s performance director over whether his high-profile media activities had affected his preparations for the event.

The diver came under similar criticism in 2013 when he fronted the critically-panned reality TV diving show Splash! Rounding off the top ten is Laura Trott, who won golds at Rio in the team pursuit and omnium, just as she had done in London four years ago, with a net worth reported at £700,000 – a stark contrast to the amounts estimated for the trio of male cyclists further up the list.

While Trott did switch to the road after 2012 as a founder member of the Wiggle Honda team, it’s well documented that salaries in women’s cycling are a fraction of those available to top male riders, and as Rio approached, her focus switched back to the track.

As Great Britain’s most successful female Olympian, and a household name at that, more commercial opportunities are likely to come the way of Trott, who marries fiancé Jason Kenny next month.

With the couple now having 10 Olympic gold medals between them, selling the photo rights to the wedding to a celebrity magazine is an obvious way to cash in on their fame – although given Kenny’s low profile out of competition, an unlikely one, perhaps.

Estimates of net worth by The Sunday Times Rich List are based mainly on publicly available information such as ownership of land, property or identifiable assets including shareholdings in public companies.

The athletes featured in the top ten all either secured gold at London or have been at the top of their sport for several years – in most cases, both – and their success in Rio will, in most cases, enhance their earning power further.

By focusing on medal winners, the list misses out some other British Olympians at Rio who otherwise may have made it – not least golfer Danny Willett, whose US Masters victory this year reportedly took him over £10 million in career earnings and is estimated to be worth a further £5 million in endorsements over the next two years.

Simon joined road.cc as news editor in 2009 and is now the site’s community editor, acting as a link between the team producing the content and our readers. A law and languages graduate, published translator and former retail analyst, he has reported on issues as diverse as cycling-related court cases, anti-doping investigations, the latest developments in the bike industry and the sport’s biggest races. Now back in London full-time after 15 years living in Oxford and Cambridge, he loves cycling along the Thames but misses having his former riding buddy, Elodie the miniature schnauzer, in the basket in front of him.

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8 comments

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SiRush | 7 years ago
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Women may do less miles, but they have to work harder for their miles - they recover much mroe slowly than men (les testosterone, etc), they have to put up with periods with seriously hamper their performance.

They're constantly belittled and patronised by media and commentators...

I reckon we need to be a bit fairer to the ladies.

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J90 | 7 years ago
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I bet Kenny doesn't actually have a huge fortune either.

Golfers earn so much for what they do.

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Yorkshire wallet | 7 years ago
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In some of the recent cycling events women seem to be doing alright per mile. Look at London, they didn't do half the distance or anything like the challenging course the men  did but got paid the same. That's more than equality IMO. 

Most of getting paid in sport does seem to come down to getting paid outside of the sport, not from actually doing it. Get that signature bike model, signature shoe, helmet, energy bar, whatever. 

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Kadinkski | 7 years ago
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Do these guys get public money from UK Sport?

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mike the bike | 7 years ago
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It's not simple or easy, this disparity between male and female pay.  In fact I don't know where I stand on the issue, I change my mind every time the subject comes up.  Blowing in the wind, that's me.

For sure women work just as hard as the men; they have to be as dedicated as the blokes and put in the same long hours.  Should this earn them the right to equal pay?  Maybe.

But despite all the preparation and pain the women's results are usually inferior to the men's, often by a large margin.  Should they be paid by results?  Maybe.

Or there again, maybe not.  I'm glad not to be in charge of the budget.

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Yorkshire wallet | 7 years ago
1 like

Just become a Youtube vegan drama queen or a 'full natty' steroid taker. Seems to work.

Or sell more bikes at Halfords.

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Leviathan replied to Yorkshire wallet | 7 years ago
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Yorkshire wallet wrote:

Just become a Youtube vegan drama queen or a 'full natty' steroid taker. Seems to work.

Or sell more bikes at Halfords.

"What?" - Darth Vader.

Avatar
tritecommentbot | 7 years ago
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Sad but it is what it is. Women will have to work social media and become personalities to create draw. Tiffany Cromwell is fantastic at it. Youtube vids, Instagramming her day, active Strava profile etc. She's either riding or promoting. 

Again it's a sad state of affairs but women riders will have to bust their balls just for a little more attention, at least in this day and age it can be done for free. Actually wish more of the guys would do it too. The next upcoming generation will. See Tao is active on Instagram for example.

 

 

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