They deserve what they get, and it's a great living, riding amazing bikes. If they grow the sport and their own following they make a lot more. Deegan probably makes just as much off the bike as he does on, and he's bringing a lot of eyes to the sport which helps all riders. Same for Jett.
You shouldnt assess based on very top rider makes, it should be on average of those in the series because they all take the same very high risks to their life and health every race and even during practices Think about how much another dangerous sport American Football make.
@@jpslaym0936 you can't compare American football. It's not about danger. American football is bringing in billions and billions of dollars of revenue. That's why the players are paid more. You can't pull money off the trees. As the sport continues to grow salaries will too
@@kurtheidelbach Unions aren’t why sports release contract info. Primarily they do it bc people are gambling, which is also why injuries are reported. If the unions had their way none of that info would be made public.
Love the cast! Accountant here... vehicle has to be for business use unfortunately to fully depreciate in the first year. Also, deducting a RR for either personal or business use would get flagged for audit eventually so highly doubt Jett's accountant advised him to do so. You'd need a pretty decent reason why you need a RR for business use and being a MXer is prolly not one of them 😂 I could see an MXer fully depreciating a toterhome first year and related expenses going to the track as that is how he generates his income
I feel like your image and brand are part of the business and having a RR is contributing to that image, would definitely be able to write it off that way.
I love that his treat used to be a pair of vans, it’s simple. When people make a lot of money they get nicer things, then usually have to keep making more money to afford those things. Sometimes the simple stuff you buy when your living alone and young, is what shapes you.
Only problem with putting your kid into the sport with the aspirations of them making a good living is they have a better chance of getting on a NFL roster than a factory ride. Every rider on that track should be getting paid. Obviously not as much as the top guys but they should be making something, I understand more fans equals more money so I’d love to see the sport grow enough to pay everyone
@@Josh-py2pq Yes and no. Travel, trainers, and a variety of other expenses are either not paid by the team at all, or not fully, depending on which team. Good trainers start at $300k, flying private is another few hundred thou/year, etc. It all adds up.
Hunter has worn a few Pateks that are well over $60k. I feel like at one point I saw him with a Richard Mille? I could be wrong, but I thought I spotted it once.
Hey;; Love your post's . As for your wanting to let people see what riders are making is a good thing. But the manufactures might not want to let the public know. I think it would make more people want to do it. The only bad thing is the expense for family's to get there. There would have be a lot more sponsors help.
I've seen several guesses, but it was somewhere in the neighborhood of $25M, but that doesn't included bonuses, or sponsor money so I suspect his annuals were much higher @@iam106racing2
I think 6000 pounds is the weight that makes it deductible. Plus a lease is 100% eligible for tax deduction. Plus the tax bill on 10 mil is more than enough mil.
I thought this was going to be about the riders getting screwed out of money somehow. Glad to hear they make good bonuses I had no idea. I would agree and the golf analogy is perfect. For golf Its not just the 1st place guy with all the pressure. Even guys that could be tied in the standings outside of 1st can make more money if they take a solo position. Say 3rd place has 3 people tied they would split that purse amount. So someone on the last hole to take solo 3rd also has more pressure in that regard. Really makes the viewer understand whats at stake.
Professional racing whether ppl relate or not are true modern day warriors. Ive yet to see or experience a sport even remotely close. 90mph high sides gasping for air. Getting bikes n riders into your back at speed. Racing w multiple broken bones hobbling on crutches. Its a passion very few get rewarded for so the ones that do succeed hopefully get lots to make up for the ones that have been overlooked or fallen by the way side
Hang on a second Jase, is it really 100% Tax deductible ? Yes, HOWEVER you can only write that off in year 1. Then you’re paying Cap Gains on that $600k vehicle. This whole idea that you can just buy a half a million dollar car and that’s automatically money you don’t have to pay the IRS is preposterous. There’s no such thing as Free Money. Uncle Sam ALWAYS collects
The obvious reason the money isn’t talked about because it’s pathetic. The super cross and motocross riders are world class elite riders and if you’re a 18th place rider you can’t even break even. I have been told in super cross the riders pay an entry fee. What a joke!!!!
They make more than enough. None of them are paying the entry fees themselves, that is what sponsors are for. Plus, that fee is $200, so it is peanuts compared to what they make and it is tax deductible as an expense. These guys can make $100k a race... if they win. Average guy in the 450 class is making an easy $2M with salary and sponsor deals.
There is an opportunity in motocross to make a lot of money but not all do. Comparing it to golf is crazy. Look at the end of the year what a guy in 40th place on the money list in golf makes and compare that to 40th place in motocross. Probably a huge difference.
I like the way you get riders open up about random, to me, shit. Even though I raced for years, I NEVER realized the scenes behind to pro's views (drug addiction due to injuries, pay, etc.). In a way, I would like the NDA to go away on salaries, but...the mystery keeps us enthralled, doesn't it? Keeps us wondering, riding and striving to be a better rider.
It's weird that people think they're entitled to knowing other people's incomes. I'm not going to act like I'm not curious, but they're entitled to their privacy.
It's strange I've been a fan sense the 80s and we never really new I would love to no what the riders make per race, like golf have a money leader it would also show who is most consistent.
Fabio could ride son of mine met when they both were in full stop mode avoiding head-on impact lmao it happens at Gorman 100% He transported his KTMs by Land Rover
Why should we know or care? Good for the riders if they can leverage the system. No different than any other American family that is trying to do the best for there families
No reason not to know what the rider’s contracts are other than trying to pay people less. Every other sport is public, football, baseball, basketball and everyone knows what everyone makes
interesting question is Levi making more money at his age racing then he would be if he wasnt racing? Id guess yes but is that true for all these young riders
Js7 was making over ten a year back then. I know Eli was making 8 million a year. I bet Jett made over 10 last year. Wish they made more. Especially in the top 10-15. This athletes are insane.
Jase - You are a thirsty thinker who appreciates not only the value of hard work, but using your brains and being smarter than the next guy. So with that in mind, and the disclosure of your interest in tax code affect on earnings, taxable income, and deductions, coupled with your appreciation for ROLEX watches, you might find it terrifically interesting that ROLEX is registered as a non-profit corporation. Some things you just cant make up! Now, why do I wear either of my two Submariners when I am catching Big-Air?
motocross is more then just a hobby or a sport. It’s a way of life. Those of us in love with it know how much more time and effort goes into this sport to be good at it. The risk is something that scares the shit out of all of us but we like to be that kind of scared. It’s dangerous but it’s freedom. Best mf sport, hobby, way of life. Whatever you want to call it
Probably Honda 2yr contract base is like that Add moto wins o/alls SX outdoor championships wsx bonuses Honda paid out likely 2.5-3m add event race payouts Sponsorship s and investments I would say more than likely he made around 8-9ish mil for the year just guessing if there selling Honda's he'll sign next base contract 6-7m per. Get it when you can kid is on fire
It’s all proportional. If you are treating yourself to a KIA Soul you should be paying cash. If you are treating yourself RR you should be paying cash. If you are financing a vehicle you can’t afford it and are buying the wrong car.
I believe the riders deserve every bit of what they make. Good on them. Save those pennies and retire. Enjoy life without stress of finances like the rest of us common ppl.
Thats a tough sport. They deserve a lot of money. However the injury list is very long. Still curious why they aren't wearing full body armor like football.
@@stuartstogdill2406 That makes no sense. How come running backs aren't slowed down by pads? Will it slow the engine? Ive been riding for 40 years. At 58 im on a 2024 ktm 250 xcf. Nothing will slow that bike down.
You can only claim the car under section 179 in tax code if it’s “for your business”. I’d imagine Jett has some LLCs etc that he can put it under but if you’re just rich and W2’ed and buy a heavy car it absolutely doesn’t just become a deduction. Can be misleading for some of the younger kids watching.
Levi. You handled yourself very well on a somewhat pleeber uncomfortable $ subject. Kick his ass next this weekend! You know who. Whom I also love for the sport.
They don''t get paid enough period. Look at Golf. Guys are making 6 - 7 figures for one tournament. Not even close.Given the risk of just the weekly grind. However it's not for the pubic to know their income. Privacy on contracts and bonus's is their business.
I've managed a few motorcycle shops, I never wanted my men to know what the others were making, when workers get jealous of others pay they become disgruntled , it's best to keep pay hush, some shops have you sign something when you get hired or a get raise to not disclose your pay
Has nothing to do with jealousy it’s for the fairness of the player and ultimately their benefit. That’s why it’s disclosed in the NFL and other sports. If you did have your employee pay disclosed they would probably see what a cheapskate you were and would end up having to pay more
Who cares what these guys make. Its got nothing to do with racing all it does is satisfy people's curiosity. Everyone these days are so nosey and worry about other people's business when they should just worry about themselves
For risking their life with every ride and creating some amazing entertainment they don’t get enough.
More fans equals money. Just gotta keep growing the sport
They deserve what they get, and it's a great living, riding amazing bikes. If they grow the sport and their own following they make a lot more. Deegan probably makes just as much off the bike as he does on, and he's bringing a lot of eyes to the sport which helps all riders. Same for Jett.
You shouldnt assess based on very top rider makes, it should be on average of those in the series because they all take the same very high risks to their life and health every race and even during practices Think about how much another dangerous sport American Football make.
@@jpslaym0936 you can't compare American football. It's not about danger. American football is bringing in billions and billions of dollars of revenue. That's why the players are paid more. You can't pull money off the trees.
As the sport continues to grow salaries will too
@@jpslaym0936That’s not how you would compare this at all. That’s actually one of the worst takes I’ve heard, respectfully.
Totally agree. The storyline would be heightened/more exciting if we knew how much was on the line.
Levi wants his privacy but I think Jase's take on adding to people's interest is 100% spot on!
He should totally get Fabio to come to an outdoor race. Shirt off, hair blowing in the wind. Classic
😂
It’s public knowledge in every other sport.
Not every sport only ones with player unions really
@@kurtheidelbach Unions aren’t why sports release contract info. Primarily they do it bc people are gambling, which is also why injuries are reported. If the unions had their way none of that info would be made public.
@@dieselhrt5492 😂😂🤦🏻♂No it’s not moron! That’s injury reporting
Love the cast! Accountant here... vehicle has to be for business use unfortunately to fully depreciate in the first year. Also, deducting a RR for either personal or business use would get flagged for audit eventually so highly doubt Jett's accountant advised him to do so. You'd need a pretty decent reason why you need a RR for business use and being a MXer is prolly not one of them 😂
I could see an MXer fully depreciating a toterhome first year and related expenses going to the track as that is how he generates his income
The minute I heard that I knew it was bullshit.
I feel like your image and brand are part of the business and having a RR is contributing to that image, would definitely be able to write it off that way.
Yes we should be aware of the numbers
Why?
Fantastic show, I look at Levi a different way, never expected him to be so cool and laid back
I love that his treat used to be a pair of vans, it’s simple. When people make a lot of money they get nicer things, then usually have to keep making more money to afford those things. Sometimes the simple stuff you buy when your living alone and young, is what shapes you.
Another brilliant interview. With US media so saturated, finally somebody is doing this type of stuff. Jase is the only guy doing this. Why is that?
Only problem with putting your kid into the sport with the aspirations of them making a good living is they have a better chance of getting on a NFL roster than a factory ride. Every rider on that track should be getting paid. Obviously not as much as the top guys but they should be making something, I understand more fans equals more money so I’d love to see the sport grow enough to pay everyone
Fabio rides Dirt bikes. There was an ad in magazines that showed him kicking back in a lawn chair, while hot babe washes his KTM. Epic.
Would be cool to see a Netflix series on moto. Kind of like F1. One way to grow the sport
It's called The Great Outdoors
So many kids try and archive your level. You've done it and congrates.
Gypsy with the tax advice, LOL
For real thought the image said Riders Earrings.
Like how he’s honest about money. Fans are curious. Remember Davi Millsaps don’t like to talk about money
50-60 million? Taxes, attorneys, agent... nobody in moto has ever netted 50-60 million by tens of millions
Js7 was raking in millions
Eli was making around 8 million a year
@@Josh-py2pq Yes and no. Travel, trainers, and a variety of other expenses are either not paid by the team at all, or not fully, depending on which team. Good trainers start at $300k, flying private is another few hundred thou/year, etc. It all adds up.
Bubba def made $50m+
@@OtisFlintall of that is written off taxes.
Hunter has worn a few Pateks that are well over $60k. I feel like at one point I saw him with a Richard Mille? I could be wrong, but I thought I spotted it once.
Money should be talked about just like every other sport.
Hey;; Love your post's . As for your wanting to let people see what riders are making is a good thing. But the manufactures might not want to let the public know. I think it would make more people want to do it. The only bad thing is the expense for family's to get there. There would have be a lot more sponsors help.
speaking on the fishing.... two wheel therapy and fishing are similar for some.
Any guess what Valentino Rossi made ? Astronomical by comparison !
Easy 100 mil.
I've seen several guesses, but it was somewhere in the neighborhood of $25M, but that doesn't included bonuses, or sponsor money so I suspect his annuals were much higher @@iam106racing2
I think 6000 pounds is the weight that makes it deductible. Plus a lease is 100% eligible for tax deduction. Plus the tax bill on 10 mil is more than enough mil.
Talking about it would make the sport more exciting.
I thought this was going to be about the riders getting screwed out of money somehow. Glad to hear they make good bonuses I had no idea. I would agree and the golf analogy is perfect. For golf Its not just the 1st place guy with all the pressure. Even guys that could be tied in the standings outside of 1st can make more money if they take a solo position. Say 3rd place has 3 people tied they would split that purse amount. So someone on the last hole to take solo 3rd also has more pressure in that regard. Really makes the viewer understand whats at stake.
Professional racing whether ppl relate or not are true modern day warriors. Ive yet to see or experience a sport even remotely close. 90mph high sides gasping for air. Getting bikes n riders into your back at speed. Racing w multiple broken bones hobbling on crutches. Its a passion very few get rewarded for so the ones that do succeed hopefully get lots to make up for the ones that have been overlooked or fallen by the way side
Such a greatful humble kid.... Better than cry baby hero deegan
It will raise kids getting into this crazy sport,,🎉
Dam I could’ve wrote off my school bus ??
Jets Rolls is a Mansory Rolls, so worth $850’000 over twice the standard rolls cost.
Gypsy a Cullinan is a 100% right off, my truck is 8800 and 100 percent write off…the weight you need to hit is 6000 lbs…
I treated myself to a 20014 Chevy Malibu
Hang on a second Jase, is it really 100% Tax deductible ? Yes, HOWEVER you can only write that off in year 1. Then you’re paying Cap Gains on that $600k vehicle. This whole idea that you can just buy a half a million dollar car and that’s automatically money you don’t have to pay the IRS is preposterous. There’s no such thing as Free Money. Uncle Sam ALWAYS collects
Another marketing nugget is broadcasting the multiple disciplines some of the rides participate in.
The obvious reason the money isn’t talked about because it’s pathetic. The super cross and motocross riders are world class elite riders and if you’re a 18th place rider you can’t even break even. I have been told in super cross the riders pay an entry fee. What a joke!!!!
This is exactly the reason. Took the words from me
They make more than enough. None of them are paying the entry fees themselves, that is what sponsors are for. Plus, that fee is $200, so it is peanuts compared to what they make and it is tax deductible as an expense. These guys can make $100k a race... if they win. Average guy in the 450 class is making an easy $2M with salary and sponsor deals.
There is an opportunity in motocross to make a lot of money but not all do.
Comparing it to golf is crazy.
Look at the end of the year what a guy in 40th place on the money list in golf makes and compare that to 40th place in motocross.
Probably a huge difference.
Yes they should
I like the way you get riders open up about random, to me, shit. Even though I raced for years, I NEVER realized the scenes behind to pro's views (drug addiction due to injuries, pay, etc.). In a way, I would like the NDA to go away on salaries, but...the mystery keeps us enthralled, doesn't it? Keeps us wondering, riding and striving to be a better rider.
It's weird that people think they're entitled to knowing other people's incomes.
I'm not going to act like I'm not curious, but they're entitled to their privacy.
I could listen to Jase read the phone book! Dude was made for this type stuff… 💯
It's strange I've been a fan sense the 80s and we never really new I would love to no what the riders make per race, like golf have a money leader it would also show who is most consistent.
Fabio could ride son of mine met when they both were in full stop mode avoiding head-on impact lmao it happens at Gorman 100% He transported his KTMs by Land Rover
Rolex green Hulk for Levi!
Gypsy....GANG
16:30 Bill Nance bloopers
Must be nice. When I raced xc2 in gncc I won about $750 between sponsors and the track paying…
Levi, I'd like to ride up to the farm from Tally on my XR250. You think you and Deegan would be willing to sign the gas tank?
I'd also challenge you to a game of golf! let's go man
Why should we know or care? Good for the riders if they can leverage the system. No different than any other American family that is trying to do the best for there families
No reason not to know what the rider’s contracts are other than trying to pay people less. Every other sport is public, football, baseball, basketball and everyone knows what everyone makes
interesting question is Levi making more money at his age racing then he would be if he wasnt racing? Id guess yes but is that true for all these young riders
That’s why every rich person drives a Uris every day
Extending the invitation to the Ponce Day Leon 🤔what do you think of Ms.Grande? I'll try to hook you 2 up No Cap a professional courtesy
Jetts making good money 😅
Think yourself lucky your racing Monster SX in the UK ...you'd be taxed 50% . Thats why all the F1 drivers are residents of Monaco ..no tax !
The promoters don’t want that information out there because the promoters don’t want to share the pie.
Js7 was making over ten a year back then. I know Eli was making 8 million a year. I bet Jett made over 10 last year. Wish they made more. Especially in the top 10-15. This athletes are insane.
10 million a year and taxes are way more than a million in taxes.
You are in a 40% range
So 4 million.
Jase -
You are a thirsty thinker who appreciates not only the value of hard work, but using your brains and being smarter than the next guy.
So with that in mind, and the disclosure of your interest in tax code affect on earnings, taxable income, and deductions, coupled with your appreciation for ROLEX watches, you might find it terrifically interesting that ROLEX is registered as a non-profit corporation.
Some things you just cant make up!
Now, why do I wear either of my two Submariners when I am catching Big-Air?
motocross is more then just a hobby or a sport. It’s a way of life. Those of us in love with it know how much more time and effort goes into this sport to be good at it. The risk is something that scares the shit out of all of us but we like to be that kind of scared. It’s dangerous but it’s freedom. Best mf sport, hobby, way of life. Whatever you want to call it
Im intrigued to know whatt people like jett hunter ken get from there energy drink sponsor
We know the other sports numbers
Tax bill a lot higher than a million if he made 10 M. Prob like 3-4M
Probably Honda 2yr contract base is like that Add moto wins o/alls SX outdoor championships wsx bonuses Honda paid out likely 2.5-3m add event race payouts Sponsorship s and investments I would say more than likely he made around 8-9ish mil for the year just guessing if there selling Honda's he'll sign next base contract 6-7m per. Get it when you can kid is on fire
pull that up jamie
It’s all proportional. If you are treating yourself to a KIA Soul you should be paying cash. If you are treating yourself RR you should be paying cash. If you are financing a vehicle you can’t afford it and are buying the wrong car.
With Haiden's social media and endorsements plus his racing earning this year he could potentially make over 10 million?
Prices of bikes don’t help grow the sport
Ricky James and Travis are the most successful dirt bike riders.
I believe the riders deserve every bit of what they make. Good on them. Save those pennies and retire. Enjoy life without stress of finances like the rest of us common ppl.
yaaaas! Slay queen!
Most sports, contracts are public knowledge. Why not Motorcross?
Thats a tough sport. They deserve a lot of money. However the injury list is very long. Still curious why they aren't wearing full body armor like football.
They wouldn't be able to ride as fast. Pretty simple to understand.
@@stuartstogdill2406 That makes no sense. How come running backs aren't slowed down by pads? Will it slow the engine? Ive been riding for 40 years. At 58 im on a 2024 ktm 250 xcf. Nothing will slow that bike down.
Everybody buy nice things !!! Lifes too short ...
Chase with wrong tax advice lol
6k lbs but no more than 14k lbs is the weight for accelerated depreciation
I think Villo wish it was 50 mil, I’d had to guess it’s 20-30 mill
You can only claim the car under section 179 in tax code if it’s “for your business”. I’d imagine Jett has some LLCs etc that he can put it under but if you’re just rich and W2’ed and buy a heavy car it absolutely doesn’t just become a deduction. Can be misleading for some of the younger kids watching.
Yes. This is another reason why it's not a "real" sport like golf, basketball, or football.
Yeah ur right, motocross is way more exciting,way harder than all those sports
Better go back a recalculate the tax bill… it’s far more than 10%
Fabio should be his mechanic. Use conditioner for chain lube.
Pretty sure jett made closer to 20 million
I m treating myself to a pizza today .
Give me 10k and I'll dye my hair like Levi's.
Nfl contracts are public knowledge supercross should be too
Damn must be nice making 8-10 million!
Same reason work place doesn't want you to talk cause if you did everyone would know how under payed they are compaired to profits
I lost about $120 to Peacock for me watch Supercross/ Motocross 😂
Every other legit sport shares contract and bonus info. Why not this one and maybe it makes it more legit and drive more revenue into the sport.
The only thing you should be buying is BTC! Turn that 500k into 5 million
Cha Ching definitely all about the Benjamin's
Why do we need to know this? Who even cares how much another man makes or what he does with his money. It’s no one’s business
Levi. You handled yourself very well on a somewhat pleeber uncomfortable $ subject. Kick his ass next this weekend! You know who. Whom I also love for the sport.
The top guys make up to 10 million James on Bubbas world talked a little bit about it.
They don''t get paid enough period. Look at Golf. Guys are making 6 - 7 figures for one tournament. Not even close.Given the risk of just the weekly grind. However it's not for the pubic to know their income. Privacy on contracts and bonus's is their business.
6,000lbs!!!!
A gt3rs😬😬😬 god level cars
Hey bro Elon Musk is lighting the candle tune in let the Deegans know
I've managed a few motorcycle shops, I never wanted my men to know what the others were making, when workers get jealous of others pay they become disgruntled , it's best to keep pay hush, some shops have you sign something when you get hired or a get raise to not disclose your pay
US federal law now prohibits employers from stopping or limiting its employees from discussing pay.
Working a regular job is a lot different to knowing the pay for a competition.
Has nothing to do with jealousy it’s for the fairness of the player and ultimately their benefit. That’s why it’s disclosed in the NFL and other sports. If you did have your employee pay disclosed they would probably see what a cheapskate you were and would end up having to pay more
Who cares what these guys make. Its got nothing to do with racing all it does is satisfy people's curiosity. Everyone these days are so nosey and worry about other people's business when they should just worry about themselves
Buy a $60k watch is not super smart..
I think they mean it wont lose value over many years