Can you make money doing extreme sports?
After many
years of doing extreme sports, I have come to learn the various ways of making
money, which often differs from traditional sports.
Let’s get to
it!
Long story
short, yes you can make money with extreme sports. However, the main ways of doing
this differ from traditional sports with competitions or getting signed to a
club.
How do
athletes make their money?
A huge aspect
of professional extreme sports athletes is content creation. As the culture
behind these sports is largely non-competitive athletes often get recruited by huge
brands such as GoPro and Red Bull to create jaw dropping videos.
Due to these
sports being relatively new, they are still building up infrastructure with
competition. A good example of one sport that has a competitive side is
mountain biking where a large part of the sport is about community but still
have competitions like Red Bull Rampage (the most death-defying event in
mountain biking) where athletes competing are all great friends and helping
each other.
Are
competitions worth it?
While
extreme sports are mostly non-competitive, the individuals that compete take
the sport to a very high level. However, they also rely on content and brands
to help them as prize money isn’t great. Red Bull Rampage as we talked about
before is one of the biggest events of the year with prize money of $100k. This
compared to a traditional sport of tennis where a grand slam win pays $3m…
there is a clear difference.
Can I make
money with it?
Yes! All you
need is a camera and you’re set. It may take time to build an audience, but if
what your showing is cool or crazy enough then a lot of traction can be
achieved quickly.
The question
is… would you watch what you’re making?
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