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Olympia prize money reaches an all-time high this year

Z

Zoknat

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From Flexonline:

2yl6an5-1.jpg


April 7, 2009
FLEXONLINE.COM
American Media Inc. (AMI) and the IFBB Professional League announced today that the total prize money for the 2009 Olympia, presented by MuscleTech and brought to you by Bodybuilding.com, will be increased to $800,000. Included in that total is a $200,000 purse for winning the Mr. Olympia, an increase of $45,000 from 2008. Overall, the total prize money has been increased by over $60,000 from last year's event.

"We are thrilled to announce the increase in prize money for the 2009 Olympia," said AMI Chairman, President and CEO David J. Pecker. "The Olympia Weekend is the biggest and best event in bodybuilding, so we believe the prize money for the competitors should be a reflection of that. As far as what's at stake, the Olympia is clearly setting the standard."
The Arnold Classic is the closest to the Olympia in terms of total prize money awarded. In 2009, $466,000 in total prize money was awarded at the Arnold Classic. In addition to men's bodybuilding, the prize money has also increased for the Figure Olympia and the 202 Showdown. Also, for the first time in history, the purse for the runner-up in a men's bodybuilding contest will reach the six-figure mark, as the second-place finisher will receive $100,000 in prize money.

"The partnership between AMI and the IFBB Pro League is obviously working in the direction, as David Pecker and Ben Weider promised, to make the Olympia the best contest in the world," IFBB Professional League Chairman Jim Manion said. "They are giving more back to the bodybuilders than anyone ever has. All the female competitors should be happy because the increased prize money makes everybody even across the board. The IFBB professional League is happy to be working with AMI in such a positive relationship as we continue to move bodybuilding forward in honor of Ben Weider."

When AMI took over the Olympia in 2004, the total prize money for Olympia Weekend was $540,000. Included in that total was a $120,000 purse for the Olympia winner.

For complete information on Joe Weider's 2009 Olympia Weekend, go to www.mrolympia.com!
 
P

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This years Olympia is probably the most uncertain Olympia in years. Dexter, Jay, Victor, Heath ect can all take it.

I wonder if this is why Ronnie is doing the Olympia?
 
tkD

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Phil will be richer with 200,000 $, no doubt about it.
 
patdiddy

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Thats awesome news for everyone who is competing.....
 
Z

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This years Olympia is probably the most uncertain Olympia in years. Dexter, Jay, Victor, Heath ect can all take it.

I wonder if this is why Ronnie is doing the Olympia?

It could be the reason, also it could be that his sponser BSN or FLEX offered him some extra cash for doing it this year. Anyway until there are no any offical announcements I will stay skeptical about this until further news.
 
sexnews

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Some good news, but maybe they should spread some money around so that there are either more pro shows during the year or more prize money for those shows.
 
Johnny Bravo

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Phil will be richer with 200,000 $, no doubt about it.

Wouldn't everyone be richer with $200,000 :ughfingers:

The prize money in BB is still ridiculous compared to other sports.
 
Samoan-Z

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the total prize money for the 2009 Olympia, presented by MuscleTech

Wouldn't come off a bit wierd to anyone participating and not holding a muscle tech sponsorship?
 
Natzo

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That's good news for the sport.

it means that it's growing and grabing some attencion!
 
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Wow, that's a big raise.
 

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Skeptic

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Sounds like great news for the competitors!
 
isopure

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Very good news.
Bodybuilding needs the support of the sponsors and bodybuilders need to earn more money to survive but other shows should do it either. In my opinion the best 50 bodybuilders in the rank should earn a salary by IFBB.
 
PrinceVegeta

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So i guess victor martinez is 200.000 dollars richer!
 
jwill0214

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^^^ He might be 200.000 dollars richer but he wont be 200,000 dollars richer
 
MrChewiebitums

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do we really need to give more money to the ones ALREADY winning? shouldnt we start extending monetary prizes to the ones without along with an overall increase in P money
 
CombBoy

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All that extra prize money will certainly make the top competitors even more hungry and determined for the Sandow trophy. Should be a really interesting and close-fought battle, especially with at least 5 guys able to take the title.
 
sexnews

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If they can now only get bigger sponsor deals.

deals-1.jpg
 

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