Ronnie Coleman spoke in detail about his earnings during a legendary career.
Ronnie Coleman is one of the best bodybuilders of all-time and remains active in the conversation today. He has been open about all happenings of his career since he retired from competition. During a recent interview, Coleman broke down his career earnings and explained how a lot of the money comes from off the stage.
During his career, Coleman totaled eight Olympia wins, which is tied for the most all-time with Lee Haney. He built a physique that was insanely muscular with great conditioning. The Men’s Open legend battled some other greats onstage, highlighted by his rivalry with Jay Cutler. Since retiring, Coleman has created a successful social media platform because of his combination of entertainment and interaction with fans.
Coleman is not the first to discuss the financial side of bodybuilding. Many have explained that unless you are near the top, it is not lucrative. Tom Platz recently talked about how bodybuilders are underpaid and compared it to the bottom golfer on the PGA Tour.
Ronnie Coleman: “It Was Pretty Close To A Million”
Ronnie Coleman joined The Iced Coffee Hour for a discussion where he was able to breakdown the earnings of his career. He totaled eight Olympia victories and won prize money but he said that the real winning was from endorsements.
“The biggest thing I got from winning the Olympia was the endorsement. The prize money for winning the Olympia, $100,000. That’s nothing. I did use that to pay off my hours but the big money came from endorsements, you know. Other stuff that I did like I had a supplement contract, clothing contract, shoe contract, so all the money, all the real money comes from endorsements.”
This is commonplace across all athletics. There are many professional athletes that do not use game checks but rather live off all the money made from endorsement deals across the board.
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Coleman continued to discuss his career earnings and pension as a police officer. Next year, Coleman will turn 60 and begin getting his retirement from the police force.
“It was pretty close to a million dollars, yeah. Well, I won my first Olympia in 1998. Of course, you know, I had quite a few endorsements though. Then, I had personal appearances that I was doing so it was in the millions.
I saved a lot and put it into retirement. Like I said, getting a retirement check at the end of this year. From one of those and when I turn 60 next year, I get my police retirement. Social security. I put a lot of money into that, also. I’ll be pretty much set for life.”
Ronnie Coleman enjoyed one of the best bodybuilding careers of all-time and was able to set himself up in a good position in retirement.
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