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How do professional figure skaters make money

how do professional figure skaters make money

When Elise Freezer is gliding gracefully through her routine—landing jumps and nailing her favorite move, the layback spin—it makes all the work and sacrifices worth it. This year-old figure skater has Olympic-sized dreams. For her, it will take hundreds of hours skating and conditioning off-ice, skipping a traditional school schedule, rehabbing through painful injuries, and traveling frequently to compete against other top talent. Coaching fees, travel expenses, and physical therapy and professkonal conditioning to keep the body operating at elite levels add up. Elite figure skaters generally train six days a week for hours at a time, skating, dancing, and conditioning skayers nail down a program that soaters less than five minutes. And while skaters might occasionally use one program for two years, they generally perform a new routine each year for both the short and long skate events. Figure skates, the other major equipment expense, are often covered through sponsorships once a skater reaches Olympic caliber.

Figure skating is one of the most popular sports at the Winter Olympic Games. Because of the appeal of the sport, these athletes can potentially earn more than a speed skater or cross-country skier, for example. Ice skaters who train for the Olympics skate several times a day and often work side jobs in order to earn the money it takes to compete in the sport. Some are lucky enough to get a commercial sponsorship to supplement their training costs. Other options for professional skaters include performing in an ice show, such as the popular «Disney on Ice,» or becoming a coach or a sports commentator, like Tara Lipinski and Johnny Weir. Most professional skaters start as children and practice multiple times a day for many years in order to make it to the Olympics or into a professional skating career. In addition to skating two to three times a day for five to seven days each week, figure skaters also need to train off the ice, such as strength training and dance, as well as practicing jumps. Salaries for professional skaters vary a great deal, depending on the show in which they are performing or if they are working as sports commentators or skating coaches.

how do professional figure skaters make money

Specialized Medical Costs

Some of the athletes will become celebrities. Potentially very wealthy celebrities with millions of fans and millions of dollars. Follow along as we count down the 10 richest Winter Olympics stars, followed by a well-known Olympian who is very poor by comparison. Kristi Yamaguchi is a two-time world champion and an Olympic gold medalist in singles figure skating. She captured the hearts of Americans with her spunky style and impressive athleticism during the Winter Games in Albertville, France. This six-time Olympic medalist one gold, three silver, two bronze showed he was a talented Alpine skier in multiple events, including slalom and downhill. In , at age 36, he became the oldest Alpine skier to win an Olympic medal. Miller is known for his brash style and love-hate relationship with the media. He was so successful from his racing and endorsements that he left the U. Nancy Kerrigan’s bronze and silver medals in figure skating will forever be overshadowed by the violent attack on her knee before her second Winter Games. An associate of her rival, Tonya Harding, struck her in the leg after a practice session. After her successful skating career, Kerrigan found work as a model, spokeswoman and actor. She married her manager after retiring from figure skating. Her beauty on the ice and unorthodox style earned her a reputation as a consummate performer.

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Money Talksand so should we. Here, powerful people get real about their spending and saving habits. Then, Rippon announced that he would be retiring from professional skating.

Another point of order post-retirement was to bring home another victory. To finish the routine strong, Rippon has written a memoir, Beautiful on the Outsidewhich is set to be released in October of this year. Hint: It’s not always as glamorous as how do professional figure skaters make money makes it look. Then, I was lucky enough that skating and performing then became my job full time. Though, sometimes it was up and. On how much money professional skaters make.

I was lucky enough that the last two years of my skating career, I was in the top six range. So I was making enough to buy nice costumes for myself, live well, and pay everyone on time. It can be a lot of work and I know it very well; I was teaching lessons just so I could pay for my own lessons. On his favorite maintenance spending I have the same people who always see me. I usually hoow anxiety thinking about sitting around for an hour, but there [at the salon] I feel like I could run out if I had to.

On doing his own taxes All I had to do was put together some of my coaching bills and that was where I put every dollar I. This year was the first year I made good money. On building credit I had a credit card with my mom when I was 17 and I never used it.

When I was 21, she canceled the credit card and took my name off it. It was my only and longest form of credit. So I had no credit and I needed to build it monet. I only very recently increased it. On the value of a «Love Yourself» splurge But I broke my foot about a year before the Olympics and I really wanted a Cartier love bracelet.

But I bought it skaterss myself, so I just put it between my thighs and I screwed it on. You know what? Love. By Phillip Henry Jun 27, pm. Pin FB ellipsis More. Image hpw. Close Share options. All rights reserved. Close View image.

How to ice skate like a pro

Win the Olympics and you’ll have all kinds of opportunities and endorsements. You’ll star profesional ice skating shows and commercials; you’ll have book deals, TV appearances, professionak sport commentator gigs that’ll net you millions. Yuna Kim was ranked one of Forbes’s richest female athletes, with a net worth around fourteen million. Even if you come home with silver or bronze, you’ll still glide to the top if the sponsors love you. Look at Michelle Kwan, who’s worth about eight million. Johnny Weir only won the bronze, but he got his own TV show and is worth ten million. However, only a handful of skaters make that. Most skaters have a negative income, meaning it costs them significantly more money skatters train as a skater than they’ll earn. Significantly. To pull this off, you either need rich parents or a really active GoFundMe account. High-end champs make bigger bucks all the way hwo, but the field is hugely competitive. Most skaters end up coaching. The rate for private coaches is around twenty bucks per twenty minutes on the low end and increases sharply from there depending on experience with fibure skaters and competitions source. However, most coaches are on the lower end of that pay scale. If you’re starting out with no coaching experience at all, you’ll probably have to start by teaching learn-to-skate classes that’ll let you build relationships with future skaters over time. That coaching salary also doesn’t include USFSA or ISI yearly coach fees, insurance fees, and, in many cases, guest coaching fees if you’re not on staff at a rink. If you’re on staff, you’ll have to give a percentage of your income to the rink. And then, lrofessional course, there are taxes. All rights reserved. Figure Skater. College Profiles We’ll help you find your true college match.

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