Does Anybody Know All Income Streams of the IFBB

[colombianofreak]

How was that old guy able to just give Phil Heath another 100k dollars?

Again how does the IFBB make money? Ticket sales is an obvious one. Membership fees I'm guessing is another. Expo booth fees are collected by the IFBB too? Does the IFBB get money when one of their athletes is in a magazine?

[blindsideflank]

Am I the only one that heard this?
Cich said "for the first place and $400,000"
Then winner is announced and Phil gets the cheque and the old fuq comes out and stumbles around saying "I see this cheque says $300,000, well I'm gonna change it to $400,000" followed by this awkward moment where he expects people to cheer

In other words cich screwed up and already announced the new change


It was even worse than the "do you wanna see the 212 on the main stage?..."

[colombianofreak]

Am I the only one that heard this.
Chic said "for the first place and $400,000"
Then winner is announced and Phil gets the cheque and the old fun comes out and stumbles around saying "I see this cheque says $300,000, well I'm gonna change it to $400,000"

In other words chic screwed up and already announced the new change

The old guy had already anounced it.

[blindsideflank]

The old guy had already anounced it.

When? Then what was the point of walking out and scribbling it on the cheque?

http://www.flexonline.com/videos/general-news/live-feed
04:19:00 he says take the sandow and $400,000
Then when phill gets the award and he comes out and changes it, it seemed like it was supposed to be an on the spot surprise, or did they just screw up the cheque? Either way it was weak the rest is at 04:20:30
It's so cringeworthy

[NVious]

Not IFBB, but AMI

http://nypost.com/2015/08/07/america...ing-pay-raise/

AMI saw its 2015 revenue drop nearly 15 percent, to $245.2 million from 2014

[LimitBreak]

Contest: they charge $700 for vip attendance, and the vip line had thousands ! General admission, etc..

Supplement sponsors blasting their ads on the stage, the venue, the expo

Charge for press passes and magazine fees

Super star seminar

The Dinner event thing

$25 expo entrance fee

Thousands of dollars expo booth fee

Expo advertisement fee

AMI

IFBB pros pay an annual renewal fee to stay members, and there are like 10 million bikini pros already lolz

Contestants pay to sign up for contests


----------------------------------------------------------

Just take a Look at this

proposal from Bob Cicherillo that all IFBB Pro League cards will be renewed by annually by January 1st. Any card renewed after this deadline, and before February 1st, will have an additional US $100 fee attached. Renewals received after February 28th will be doubled, based on the original cost.

[Modification: All IFBB Pro League cards will be renewed (postmarked) annually by January 15th. Any card renewed after this date will cost the athlete US $400.]

ADOPTED with modification


A proposal from Bob Cicherillo that athletes with a signed contract 8 weeks from the date of competition will receive a US $1,000 fee on cancellation of the competition any time prior to the original date set.

[Modification: Athletes with a signed contract 6 weeks from the date of the competition will split the sanction money on deposit at the time of the cancellation upon the cancellation of the competition any time prior to original date set.]

ADOPTED with modification


A proposal from Bob Cicherillo that athletes be required to have a written contract, signed and approved, no later than 8 weeks prior to the date of the competition.

[Modification: Athletes will be required to have a written contract postmarked no later than 6 weeks prior to the date of the competition. Contracts received after the due date will be subject to a US $500 late fee to the promoter.]

ADOPTED with modification


XIII

The following Other Business was briefly discussed:

1.

Where possible, the individual judge’s scores should be listed in the contest results reported at www.IFBBPRO.com


2.

The fine of US $1,000 for athletes who withdraw from a competition without a legitimate medical reason, as certified by a physician accepted by the IFBB Pro League, will be enforced.


3.

In future, Athlete Meeting times will be approved by the IFBB Pro League and will be published at www.IFBBPRO.com for each event.


4.

In future, the IFBB Pro League will publish at www.IFBBPRO.com comprehensive contest information, including an updated competitor list.


5.

The members voted to reject the request for reinstatement from Lee Priest.


XIV

There being no further business, the meeting was adjourned at 5:00pm.


http://www.ifbbpro.com/news/minutes-...ember-27-2007/

[colombianofreak]

So that old guy David J. Pecker from A MI is the person behind the company charging for tickets and VIP deals and expo fees???

[littlearm]

When? Then what was the point of walking out and scribbling it on the cheque?

He announced it at the beginning of the Saturday night show. It did seem a little weird, but I think it because the audience didn't have mics. Maybe someone who was there in person could tell us if there was a huge reaction from the crowd.

[BartPimpson]

IFBB pros pay an annual renewal fee to stay members, and there are like 10 million bikini pros already lolz

And it costs a sh*tload, like $400 a year just to keep your pro card.

There's cases of contest winners straight-up rejecting their pro cards because it's a waste of money - they're nowhere ready to compete as a pro. They foist them on everyone they can to keep the registration fees rolling in.

[203mh]

When? Then what was the point of walking out and scribbling it on the cheque?

http://www.flexonline.com/videos/general-news/live-feed
04:19:00 he says take the sandow and $400,000
Then when phill gets the award and he comes out and changes it, it seemed like it was supposed to be an on the spot surprise, or did they just screw up the cheque? Either way it was weak the rest is at 04:20:30
It's so cringeworthy

At the VERY beginning he announced he'd up it to 400K

[BOUNTYHUNTERMK2]

And it costs a sh*tload, like $400 a year just to keep your pro card.

There's cases of contest winners straight-up rejecting their pro cards because it's a waste of money - they're nowhere ready to compete as a pro. They foist them on everyone they can to keep the registration fees rolling in.

The spirit of Uncle Joe lives on

[BartPimpson]

The spirit of Uncle Joe lives on

At least Joe Weider cared about bodybuilding, and wanted it represented in the best light possible. When you factor in physique, the IFBB has literally given out hundreds of pro cards in the past few years, probably in large part to athletes who are way over their heads and would get smoked if they competed at a serious pro show.

Jason Genova should hang in there, they'll literally find a way to give even him a pro card sooner or later.

[B-Neva]

400K is a lot of money, but according to google the supplement industry brings in 37 BILLION a year in revenue, that is a **** load of money.

I also thought how Mr. O got the extra 100K but no other class got anything was silly too. No other class is obviously as popular as the Mr. O but take the 212 class for example. They do the exact same thing as the big boys, but they are short and first place is 10x less than Phil's payday at 40K. If you add all the prize money for the top 6 in the 212 class you get 75K and 3rd place in the open class is 100K

1. 400k
2. 150k
3. 100k
4. 55k
5. 45k
6. 35k

vs

212
1. 40K
2. 17K
3. 8K
4. 5K
5. 3K
6. 2K

[alex070707]

400K is a lot of money, but according to google the supplement industry brings in 37 BILLION a year in revenue, that is a **** load of money.

I also thought how Mr. O got the extra 100K but no other class got anything was silly too. No other class is obviously as popular as the Mr. O but take the 212 class for example. They do the exact same thing as the big boys, but they are short and first place is 10x less than Phil's payday at 40K. If you add all the prize money for the top 6 in the 212 class you get 75K and 3rd place in the open class is 100K

1. 400k
2. 150k
3. 100k
4. 55k
5. 45k
6. 35k

vs

212
1. 40K
2. 17K
3. 8K
4. 5K
5. 3K
6. 2K

Literally the only person making money from competing is Flex Lewis. Second place gets enough to pay for their prep, third place is at a loss and 6th place doesn't even get to cover his last month of prep. That's just absurd.

[BartPimpson]

Literally the only person making money from competing is Flex Lewis. Second place gets enough to pay for their prep, third place is at a loss and 6th place doesn't even get to cover his last month of prep. That's just absurd.

And they pay tax on those winnings. Federal and state.

[BOUNTYHUNTERMK2]

At least Joe Weider cared about bodybuilding, and wanted it represented in the best light possible. When you factor in physique, the IFBB has literally given out hundreds of pro cards in the past few years, probably in large part to athletes who are way over their heads and would get smoked if they competed at a serious pro show.

Jason Genova should hang in there, they'll literally find a way to give even him a pro card sooner or later.

True brah. I miss the days when people who won a pro card were actually deserving of one and joined a line up of quality, thus added to the talent pool.

If Genova ever won a pro card I'd scream at the moon.