The Most Money I Made in 1 Year as a Pro Runner
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- เผยแพร่เมื่อ 7 ธ.ค. 2020
- I ran professionally for 12 years. Some years I made a lot of money, other years I didn't. 2015 was the year I made the most and in this video I share with you how much I earned, but also how much of that I took home.
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I'm not here to brag about how much money I made or to whine about how little I earned. The goal of this channel is to provide a behind-the-scenes look at what life was like as a professional runner. 2015 was a very good year for me, but a bit of an outlier. Most year's I made significantly less. What other BTS info would you like to hear about? Let me know in the comments below or DM me on Instagram here: instagram.com/nicksymmonds
Kudos
Very brave sharing this personal info.
crazy, the most money ive made in a year as a non pro runner is $0
@@jupitercrash777 me too lol, shoes are expensive
can you call yourself a pro?
Ha ha, I once made $250 in a year in two races!
😂😅🤑
I once got 2nd place, 1st got $500...that would have paid two car payment$ lol$
Nick I am not sure if your other fans would be interested, but I would love to hear the story of Run Gum. Particularly the business aspect. Did you borrow, where did the idea come from, is it profitable etc.
He has a little vid on run gum I believe
Yes please
He made a video on this comment
@@cglcoolman5260 thank you, I saw that and I commented there too
Working in finance, I just want to say thanks for posting videos regarding finances at all, especially knowing you have a lot of young followers. This is a great service to them, so many people are afraid to discuss financial information at all that it really hurts young people as they reach adulthood and have to learn how to manage finances without any guidance.
I played basketball and I ran 800m 20 years ago. And to see how little elite runners make, makes me sad. Good job rebranding yourself after running. You are doing a great job
It's kind of sad that a top tier distance runner doesn't even make as much as a mediocre player in the NBA/NFL/MLB etc....
@@CDMoney00 The mediocre NBA, NFL, etc are NOT as popular as the top runners
@@NamiseSports he talking bout the sport category
It’s an unfortunate reality atm
It's because of the collective bargaining agreements of the players' associations. There is no such comparable entity in track and field because the competitive bodies are loosely associated (no single league).
it's all about how much attention/money the sport brings in.
50% income tax is why Paula loves the weather in Monaco ..
It's awesome to see someone as transparent as you are, especially with topics like this!
Really appreciate your candor. So helpful for others out there! Wish there were more videos like this for every career path!
NICK WE LOVE THESE BEHIND THE SCENES VIDEOS KEEP IT UP!!!!
lots more coming soon!!
Thank you for the candid view of what it takes to be a pro runner. I ran on a cinder track in high school. Long spikes and occasionally digging cinders out of my hide. You do a beautiful job expressing the joys of running. I am 60 and not in very good shape but your videos have stirred fond memories of my running days. Keep up the good work.
Thank u Nick for creating this new channel. It provides insight and knowledge about Athletics that only Elite sprinters like u know about.
Honestly the transparency is greatly appreciated. I have always been curious how much runners make because they're not like "other" athletes who have signed a contract with a professional organization and are designated to one league. Obviously your numbers differ from runner to runner but it gives us a good glimpse how it may be for other runners. Thanks dude! Cheers from Boise!
i saw you when i was in the middle of my cross country season
you were a role model to me
you taught me to keep pushing no matter what
thank you
Hey Nick, I remember you doing a video a long while back where you briefly addressed food (a bowl of tuna?). I’d love a video about how pro runners eat, maybe some specific meals. I get stuck in a rut with my pasta dishes and love seeing what other fitness-folks cook for meal ideas!
These videos about earning are so important too. Thanks for demystifying the sport I love.
Learned a lot from this video, and the information was helpful. I really appreciate the transparency about the pro running life
Your videos without bad language is awesome! You are such a great roll model for our youth
AMAZING!! I aspire to follow in your footsteps! Thank you!
Very very cool video, Nick. Much appreciated!
Hey Nick! Thanks a lot for breaking down your earnings. As you know, there is relatively little information regarding finances and professional athletics and your video has provided some very valuable insight!
Nick, these videos are awesome! Thanks for the transparency
350k is a lot but I figured it would be more. And you deserved every penny. Well done. I would like to see a video of how your life changed after your first USA 800 win!
Absolutely love the income statement breakdown!
don't forget the extremely small window in which large amounts of money can be made.
Just rewatched that race! You are a beast!
You should go on the joe rogan podcast
I've always wanted to!!
We’ve gotta get Joe into running!
@@NickSymmondsToo bro hit him up
He’s interviewed ultra runners before
Don’t think he’s got enough of a following
This video is amazing. Nick you're a true inspiration. Thank you.
Nick, this is a super cool and creative idea. I very much enjoyed this video
My son is only 10 but really loves your videos (definitely more than his virtual schoolwork). He is hoping you will be hanging around the Olympic trials in Oregon in June to meet you and hopefully do one of your challenges!
Awesome stuff!
Great content, Nick.
Hi Nick... thanks for your transparency, I really appreciate your videos!
I just checked out the price money from the Valencia half marathon, and if I got all the numbers correct, I believe that Kandie just walked away with 135.000€ for his insane world record performance.
Great job nick
Dude I love your joy.
Nick, thanks so much for this education!! Your the Best!!!
Big fan I watched your 800m Olympic run all the time to see what I can take what your good at
Hi nick, hope to participate in one of ur running events sometime
come join us! Lots of events coming in 2021
@@NickSymmondsToo I will try lol, I'm still 13 I'm trying to convince my mom
@@aliabdallah4183 awww best of luck buddy
@Jay Rosario haha lmao I will
I live in Ohio and I am 12 I want to go though
Let’s goooo Nick congratulations on hitting 300K on the main channel
thank you!!!
I’d love to see Nick come and do some videos in the UK!! 🇬🇧 🇬🇧 🇬🇧
Love your videos Nick! I watch your videos everyday to get better myself!
thanks for watching them!!
Awesome! Please make a vid about proper running technic, it's philosophy and physics (how to move the body legs and feets most efficient and healthy) xxx
Interesting video! Is there any more races you could do recaps of? I haven’t found any other professional track athletes recap their races.
Loved your Olympic Final in which David Rudisha broke the 800 meter WR and the fact you NEVER quit, even after realizing you couldn't win.
Awesome post! I'm actually surprised as I thought that that Nick Symmonds would have made more than $300k in his best year, particularly if a bunch of his other years were other unpaid or he was paid little.
Hi Nick, I’m from NJ and I would definitely come to one of your events one day
Wow I haven't seen Nick without his hat by the way great vid 🙂
I need a Nick Symmonds and Nick Bare collab!! :)
That would be awesome
Yes! That would be great to watch
Its done✔
Great video
Nick, thanks for sharing that. You were one of the top runners in the World and you were making a good living, however I am guessing only about 10-20% of professional runners are making enough to survive. If you are not winning major races, or running very elite times or not getting appearance money it must be really hard to survive.
Love you videos bro I always watch as soon as they pop up in my notifications
Thanks for watching! And thank you for turning notifications on!!!
Sup man good to see you!!!!!!!!
Thanks for checking out my video!!
I find it fascinating that you make money as a professional athlete in a sport that is not constantly on the major networks.
Yeah, I don't have the time to tell all the differences my friends and I had with a running income. I was lucky that I never needed it. One of my friends who was a gold and bronze Olympic medalist was offered a $2,000 appearance fee for a 1985 race because it would keep her away. It was a made-for-TV race and they didn't want her in it. Narrative. I know another friend was getting $3,000 in appearance fees on the 1989 Grand Prix Circuit in Europe at 26 years old. Another friend had a three-year $150,000 contract in 1990. Then there were the under-the-table-payouts. I knew many and how a few were taken good care of while others were scraping by.
The federal tax rate in 2013 for that bracket (184k-398k) was 33%. The lower and higher bracket rates were 28% and 35% respectively. The Oregon tax rate was 9.9% for the highest bracket. If you were writing things off correctly as an llc, you should have been paying taxes closer to the high 30% range, not 50%.
43 percent adding federal and state. Either was it’s way to much.
Very interesting!
Hi Nick, can you make a video about what you eat in a day as a professional runner. I think people are curious about this. Cheers !
3:23: „think about gear(all the EPO and GH must be expensive 😂😂)
Just kidding, thanks for the insight
come back to socal next summer nick !
you are my favorite runner you should go and race pro again
Not sure if you did a video in this but can you go over how you got your first pro contract and the process of signing to an agent? And maybe your thoughts on how long the average pro career is and why.
This video is amazing so informative but it's kinda sad how little track and field Athletes get paid compared to other sports like NFL NBA and Soccer
Banger
3rd
Can you do a video on what makes you more money between TH-cam and running??
I love your vids man, I just want you to come to Brisbane in Australia man, I'd love to run in one of your vids, I've been getting really chubby lately & I wanted to ask for advice because I used to run 11:69 in 100m when I was 15, now I'm 17 :/
Thanks
And this guy was the #1 US 800M runner for a bit. Imagine what the #10 guy makes.
Have you ever considered doing an OCR race such as the Spartan? I'm guessing you could do very well in the elite class.
Really interesting. I figured best of the best types made more.
Dang thats crazy. Make sure to go buy some RUN GUM and maybe you'll hopefully get to be as fast as Nick.
Hey Nick! What do you feel like you may have done wrong or could of done better during all the years of your training? If so, do you feel like it could of helped you improve even more?
I got RunGum and everytime I chew it 5 min later I’m super energetic
Thank youuuu!!!!
Come to Tampa Florida!!!
Do a video about the gear Nike gave you!
great runner
Come to Canada to run one day please
What is your advice for balancing across training with running well?
Ayo Nick thinking of coming down to Florida for an event?
15 percent seems to be the standard rate which is fair. I never knew you made so much money. If I knew that I would've made a stronger push towards chasing my dream. 40k a year would've been my baseline in like 2016. I just didn't believe it could happen
Nick you were a top runner and while you made some money it was not much compared to other athletes. Baseball, football, basketball athletes make much, much more, and they can make it for more time. I think runners should get as much or more than these other athletes, myself.
Wow, thought for sure you were going to say that you grossed close to seven figures, really surprised by those amounts.
But you participated in two Olympic Games, and I wouldn't trade that for a billion dollars and I have a pretty strong suspicion you wouldn't either. There are some things
that money just can't buy.
Really enjoy your channel, keep up the great work!
As a competitive, but not pro, runner in Colorado from 2003-2005, I made all of $250. You definitely did better than I did!
Gear and doctors appointments. Yes sir, very important.
Hey Nick, you should do like 15-30 minute podcast episodes to listen to on runs, I do this with some of your Nick Symmonds Too race recap videos and its great!
Interesting, honest guy.. do you do any mentoring..think you should ...
Thanks for the insight, really, this is fascinating. Two sponsors, is this common? No non-compete clause between Nike and Brooks?
ok, ha ha, I got it... I launched the question before the end of the video... 8 yrs/4yrs. Ok, this makes sense. Cool, thanks again.
Can you make a video about running in colder weather?
yes!
Don't stake your future on this paying off, kids. Nick is the exception. My friend was sponsored for a few years and in his best year he grossed $2200 plus free gear (no agent). He was a 4:13 mile and 14:45 5K. If you are able to parlay running into a college scholarship you are among the top 1-2% of young runners and you did really well for yourself.
Great insight Nick
Lol
Getting paid to do for what you love is pretty cool but track and field athletes should make more. Also olympians in general should make more. Maybe these organisations don't make NBA/NFL/Football level of money but they still make way more percentage wize than they should.
I love you nick plz I need to go to organ but I don’t have the money ☹️☹️
$150k net living the west coast city life is not a lot of money. Glad your founded your passion in these videos, the hosted races and RunGum.
No matter how fast or slow you run, please listen carefully to what Nick says here. Gross income is not net income. Expenses and taxes are very important considerations, no matter what your profession. After that, there are financial obligations that younger viewers might easily overlook. Health insurance and retirement saving are critical and well worth it, but will cut into your monthly cash flow. Spend some time learning financial basics. There is almost nothing you can do for 10 hours that is more monetarily valuable than reading a few books and/or watching a few videos to learn about finance.
Translation: I'm making a lot more money being a TH-camr and selling RunGum
Hi, How are you being affected by the Covid-19 from a small business perspective? I run my own software consulting company and had to go from LLC to W2 and attach myself to a bigger company just to stay in "business". Also did Ryan Hall let you stay with him on the 3 mile run? Was he toying with you? Lol
Can you hypothetically make money through the name you've built for yourself on TH-cam? Maybe new running/track shoes called Air Symmonds?
Actually he does right that with run gum. He is advertising run gum on his youtube channel.
Lesh go
All my homies hate taxes
Some of the things you deducted from your gross income to establish your net income are things most of us pay out of our pocket with a normal salary (i.e Health insurance, travel, etc). I don't deduct my travel and equipment from my net income as an age grouper. Those expenses come out of my net income
When going pro is it off imperative to have the talent level and times that make the professional level to have the money to have when your running on it?
That's relatively a lot for the take home pay, I meant you can live comfortably by making Net income $150K. The only thing is that you can't always make it that much for so many years due to pro athletes can only be at the top for just a few years before your performance winding down or new comers that run faster beat you.
well go thru every year. all 12 years. this was a good vid. make another one, and talk about the other 11 years. please.