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CSC stops sponsoring
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| issoisso |
Posted on 13-03-2008 17:57
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p3druh wrote:
issoisso wrote:
Here's how hard it is: Quickstep is struggling to find a sponsor. They're almost at the point of giving up. Quickstep.
For most people that don't follow cycling that thoroughly, cycling is only cycling when there are mountains envolved... And Quickstep don't really have a brilliant mountain rider and I definately think that this hurting them in the process of finding a sponsor...
they're belgian. to them winning the Ronde van Vlaanderen is bigger than anything else. World Championships included
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| p3druh |
Posted on 13-03-2008 18:02
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issoisso wrote:
they're belgian. to them winning the Ronde van Vlaanderen is bigger than anything else. World Championships included
But is the comapny belgian?
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| issoisso |
Posted on 13-03-2008 18:03
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Depends on whichever company they're trying to get as sponsor. My point is that it's not their results that are stopping them from getting a sponsor.
If that team stops, Boonen is hitting free agency. Think about it.
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| p3druh |
Posted on 13-03-2008 18:12
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issoisso wrote:
Depends on whichever company they're trying to get as sponsor. My point is that it's not their results that are stopping them from getting a sponsor.
If that team stops, Boonen is hitting free agency. Think about it.
No way... He will be a free agent like Contador was this year... 12pm Contador becomes a free agent... 12:05 Contador signs with Astana...
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| CrueTrue |
Posted on 13-03-2008 18:17
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Aspmyra wrote:
Team CSC maybe will get a new sponsor from Norway, Telenor.
I think they have been in conversations before, or was that C.A?
I think 
I've noticed that Telenor has been expanding a lot lately, so maybe this would be a natural step? |
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| issoisso |
Posted on 13-03-2008 18:26
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CrueTrue wrote:
Aspmyra wrote:
Team CSC maybe will get a new sponsor from Norway, Telenor.
I think they have been in conversations before, or was that C.A?
I think
I've noticed that Telenor has been expanding a lot lately, so maybe this would be a natural step?
Oh crap 
The sponsor would definitely demand norwegian riders for the team. Guess who I'm thinking of.
I'm serious.
p3druh wrote:
issoisso wrote:
Depends on whichever company they're trying to get as sponsor. My point is that it's not their results that are stopping them from getting a sponsor.
If that team stops, Boonen is hitting free agency. Think about it.
No way... He will be a free agent like Contador was this year... 12pm Contador becomes a free agent... 12:05 Contador signs with Astana...
He'd be a free agent nonetheless. Or are you suggesting there's a certain team he would for sure sign with?
Edited by issoisso on 13-03-2008 18:27
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| MarcoPRT |
Posted on 13-03-2008 18:51
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issoisso wrote:
Oh crap
The sponsor would definitely demand norwegian riders for the team. Guess who I'm thinking of.
I'm serious.
Mr. EBH?
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| issoisso |
Posted on 13-03-2008 18:55
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MarcoPRT wrote:
issoisso wrote:
Oh crap
The sponsor would definitely demand norwegian riders for the team. Guess who I'm thinking of.
I'm serious.
Mr. EBH?
MK
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| p3druh |
Posted on 13-03-2008 18:56
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issoisso wrote:
He'd be a free agent nonetheless. Or are you suggesting there's a certain team he would for sure sign with?
I can think of a couple teams that would sign him for sure...
MarcoPRT wrote:
Mr. EBH?
I think it's more like Mr. MK...
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| KurtinSC |
Posted on 13-03-2008 19:03
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Do any of you think cycling is about to go through a major financial reorganization similar to what happened to the NHL in the US?
To me, it looks like the focus on doping is driving off the high dollar sponsors. They seem to not want to associate with a "non-clean" sport. I'm betting if more doping was going on but nobody was checking it, few if any of these sponsors would have left because there would be an appearance of being clean... even if it wasn't.
With that, the new sponsors seem to not want to invest as large an amount of funds. With less dollars floating around, salaries will have to decrease and the whole financial structure of the sport may have to change.
Hockey experienced a similar drop in pay when they had their financial struggles here. People at the high end saw their salaries drop to a tenth of what they had been. Could something similar start happening in cycling? |
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| issoisso |
Posted on 13-03-2008 19:14
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KurtinSC wrote:
Do any of you think cycling is about to go through a major financial reorganization similar to what happened to the NHL in the US?
To me, it looks like the focus on doping is driving off the high dollar sponsors. They seem to not want to associate with a "non-clean" sport. I'm betting if more doping was going on but nobody was checking it, few if any of these sponsors would have left because there would be an appearance of being clean... even if it wasn't.
With that, the new sponsors seem to not want to invest as large an amount of funds. With less dollars floating around, salaries will have to decrease and the whole financial structure of the sport may have to change.
Hockey experienced a similar drop in pay when they had their financial struggles here. People at the high end saw their salaries drop to a tenth of what they had been. Could something similar start happening in cycling?
Hockey was very different. and salaries didn't drop to a tenth. All salaries were adjusted down by a small margin. Not a big deal.
Also, the changes in hockey were enforced by the league itself, not by circumstances, and are having an extremely positive effect on the league.
Apples and oranges, if you ask me.
That said, it's not affecting the search for sponsors everywhere. And it has a lot to do with culture in those places. Some places, it's pretty much considered normal to dope (which is horrifying), and as such teams aren't affected.
Edited by issoisso on 13-03-2008 19:15
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| CrueTrue |
Posted on 13-03-2008 19:19
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Thor Hushovd to Team Telenor! Yep, I said it first. |
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| chuckie |
Posted on 13-03-2008 22:53
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If Quickstep split,Boonen may well retire!
He's always talked of early retirement.
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| issoisso |
Posted on 13-03-2008 23:05
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Or he might rejoin his old Director Bruyneel at Astana. They have a good friendship from Boonen's days at Lance's side at US Postal.
Edited by issoisso on 13-03-2008 23:06
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| Deadpool |
Posted on 14-03-2008 00:02
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The team will still exist, just with a different sponsor, so I don't care that much, however it is a bad sign for Cycling. |
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| KurtinSC |
Posted on 14-03-2008 01:06
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issoisso wrote:
KurtinSC wrote:
Do any of you think cycling is about to go through a major financial reorganization similar to what happened to the NHL in the US?
To me, it looks like the focus on doping is driving off the high dollar sponsors. They seem to not want to associate with a "non-clean" sport. I'm betting if more doping was going on but nobody was checking it, few if any of these sponsors would have left because there would be an appearance of being clean... even if it wasn't.
With that, the new sponsors seem to not want to invest as large an amount of funds. With less dollars floating around, salaries will have to decrease and the whole financial structure of the sport may have to change.
Hockey experienced a similar drop in pay when they had their financial struggles here. People at the high end saw their salaries drop to a tenth of what they had been. Could something similar start happening in cycling?
Hockey was very different. and salaries didn't drop to a tenth. All salaries were adjusted down by a small margin. Not a big deal.
Also, the changes in hockey were enforced by the league itself, not by circumstances, and are having an extremely positive effect on the league.
Apples and oranges, if you ask me.
That said, it's not affecting the search for sponsors everywhere. And it has a lot to do with culture in those places. Some places, it's pretty much considered normal to dope (which is horrifying), and as such teams aren't affected.
Okay, a tenth was a bit of an over exageration. But you did have guys like Jagr going from 11 million down to 8 million, Sergei Federov from 10 million to 6 million, the top total payroll drom from 77 million to 48 million, and the median salaries for teams go from 17 teams over a million dollars to 7.
It was a bit more drastic than a small downward adjustment. And it was made due to teams overestimating revenue and not being able to pay their players what they promised. If sponsorships dry up it could be a similar scenario in racing. Guys with contracts that teams just can't pay... since their current sponsor is providing 5 million euros instead of 10 million. |
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| Deadpool |
Posted on 14-03-2008 01:15
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Yeah, but hockey is starting to rebound, and I think that if this is the case, cycling will rebound even quicker because it is steeped in tradition. |
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| KurtinSC |
Posted on 14-03-2008 01:52
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"Yeah, but hockey is starting to rebound, and I think that if this is the case, cycling will rebound even quicker because it is steeped in tradition."
I'm not so sure about hockey rebounding... it's stable but I'm not sure it will ever get back to where it was.
I do hope you're right about cycling though. |
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| issoisso |
Posted on 14-03-2008 08:06
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KurtinSC wrote:
Okay, a tenth was a bit of an over exageration. But you did have guys like Jagr going from 11 million down to 8 million, Sergei Federov from 10 million to 6 million, the top total payroll drom from 77 million to 48 million, and the median salaries for teams go from 17 teams over a million dollars to 7.
It was a bit more drastic than a small downward adjustment. And it was made due to teams overestimating revenue and not being able to pay their players what they promised.
Sure, it went down, but just a small bit. Fedorov went from 10 to 6 because his contract expired and the most he could get offered on a new contract was 6, not because of a salary cap, but because no one thought he was worth more than 6. And as he went on to show, he wasn't worth even 6. Jagr agreed to part with 1 million a year which made his salary 10. Which was rolled back to 8. He lost one fifth.
And so on.
KurtinSC wrote: If sponsorships dry up it could be a similar scenario in racing. Guys with contracts that teams just can't pay... since their current sponsor is providing 5 million euros instead of 10 million.
Not really, for one simple reason: riders have contracts only until the end of sponsorship deals, exactly to prevent this kind of thing.
Everyone at Quickstep, Cofidis, CA and Gerolsteiner right now is on a 1 year deal. It's always like this in cycling. The contracts of riders never outlast those of sponsors.
The real trouble is that there aren't that many prospective sponsors out there, and a lot of teams are looking for one. CA, Cofidis, CSC, High Road, Quickstep, Gerolsteiner.
And that's just top teams.
CSC and Quickstep I couldn't give a rat's ass about, but the other teams stand for something, so I'd like to see them get decent contracts, and I hope they won't just fold. That would be horrible
Edited by issoisso on 14-03-2008 08:07
The preceding post is ISSO 9001 certified
"I love him, I think he's great. He's transformed the sport in so many ways. Every person in cycling has benefitted from Lance Armstrong, perhaps not financially but in some sense" - Bradley Wiggins on Lance Armstrong
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| CrueTrue |
Posted on 14-03-2008 08:15
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Well, some of CSC's riders have contracts going way past this season... |
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