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Pro Bass Economics
#13804687
12/13/20 08:05 PM
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Joined: Jan 2011
Posts: 512
Loomis ex
OP
Pro Angler
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OP
Pro Angler
Joined: Jan 2011
Posts: 512 |
I have always wondered, what are the economics of bass pros? And, how can they sustain ‘chasing the dream’ and still manage to pay the bills? I pulled some data from a full-time tournament angler based on the last 12 full years of fishing tour and series events. The results are interesting. A mere $267,000 in winnings with at least $510,000 in expenses. Expenses are calculated at $1500 per event. He did have a big win in a series event, but was unable to capitalize and carry that momentum to gain bigger sponsors and cement a bona fide pro career. Now, maybe I am way off on how much sponsors pay, or expenses, but the net result is annual earnings of about $22,689 a year. After 12 years, the average AOY standing of this angler was 101 with one title appearance. It is noteworthy that his best performing year came while rooming with some of the top pros in the game. I guess the buddy system does work. Many pros shrug off a bad year or event with “I’ll get ‘em next time”, but at what point is this business model not sustainable? When do people decide that they just are not good enough and quit? I understand the desire to never give up and all that, but the numbers just don’t add up. 12 years with less than mediocre results in any job would not be acceptable. Then there is the factor of time away from family, which cannot be replaced. There are some people in the game with the same record, but have excellent marketing skills. This allows for more income and is sustainable. In the future, it appears that the tournament organizers are making it harder for under performers to keep fishing. In the past, they just pay the entry and fish. This doesn’t make them “professionals”, and taints the legitimacy of the sport. In the Elites for example, it is hard to qualify, and stay in the roster. Folks who do not cut it here don’t last very long. The cream rises to the top. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2020/12/full-56016-77427-epson001.jpg)
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Re: Pro Bass Economics
[Re: Loomis ex]
#13804703
12/13/20 08:23 PM
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Joined: Jun 2008
Posts: 1,202
shotgunwilly
Extreme Angler
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Extreme Angler
Joined: Jun 2008
Posts: 1,202 |
1. The top 5% cream of the crop make money. 2. The rest are either already wealthy/have the money to waste or don't mind going into a few hundred thousand dollars in debt for a few years to chase a dream.
And that's on the actual "pro" level circuits.
Last edited by shotgunwilly; 12/13/20 08:24 PM.
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Re: Pro Bass Economics
[Re: Loomis ex]
#13804716
12/13/20 08:44 PM
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Joined: Jul 2011
Posts: 3,963
David Burton
TFF Team Angler
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TFF Team Angler
Joined: Jul 2011
Posts: 3,963 |
There is a reason the professional circuits are front-end loaded. Most of the Pros have other events or business ventures that has a significant flow of cash. Unless they are in the 5%, they have to work harder during the off-season to keep up...
Fishing/Boat Shows Bait Design Sponsor Events Guiding Etc.
David Burton 2015 Skeeter FX 21 +Ultrex +Helix 12 (x3) +Mega360 +MegaLive
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Re: Pro Bass Economics
[Re: Loomis ex]
#13804909
12/14/20 12:06 AM
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Joined: Oct 2008
Posts: 10,178
Monty Wright
TFF Guru
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TFF Guru
Joined: Oct 2008
Posts: 10,178 |
If you're not already, I think you'll enjoy the weekly email from Best on Tour. Get's a little more into the "behind" the scenes stuff. I don't know who is behind the emails but I enjoy getting them each week.
Daiwa biased
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Re: Pro Bass Economics
[Re: Loomis ex]
#13804937
12/14/20 12:27 AM
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Joined: Jan 2004
Posts: 16,570
ezbassin
TFF Guru
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TFF Guru
Joined: Jan 2004
Posts: 16,570 |
If you are a person determined to live your dream it is hard work and sometimes with little reward. I applaud those that keep at it and do not give up. That is a great testament to who they are. Strong character. We need more people like that.
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Re: Pro Bass Economics
[Re: Monty Wright]
#13804972
12/14/20 12:53 AM
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Joined: Oct 2011
Posts: 3,271
Mark Jones
TFF Team Angler
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TFF Team Angler
Joined: Oct 2011
Posts: 3,271 |
If you're not already, I think you'll enjoy the weekly email from Best on Tour. Get's a little more into the "behind" the scenes stuff. I don't know who is behind the emails but I enjoy getting them each week. Matt Meyer
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Re: Pro Bass Economics
[Re: Mark Jones]
#13805006
12/14/20 01:28 AM
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Joined: Oct 2008
Posts: 10,178
Monty Wright
TFF Guru
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TFF Guru
Joined: Oct 2008
Posts: 10,178 |
If you're not already, I think you'll enjoy the weekly email from Best on Tour. Get's a little more into the "behind" the scenes stuff. I don't know who is behind the emails but I enjoy getting them each week. Matt Meyer Thanks, Mark
Daiwa biased
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Re: Pro Bass Economics
[Re: ezbassin]
#13805029
12/14/20 01:41 AM
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Joined: Jul 2011
Posts: 9,153
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,153 |
If you are a person determined to live your dream it is hard work and sometimes with little reward. I applaud those that keep at it and do not give up. That is a great testament to who they are. Strong character. We need more people like that. I agree. They wont let everybody else tell them they are wrong and it will fail.
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805034
12/14/20 01:43 AM
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Joined: Jul 2013
Posts: 737
TallBaldCypress
Pro Angler
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Pro Angler
Joined: Jul 2013
Posts: 737 |
It would be easy to show a loss (I'd think) so the income would be tax free. That's worth another 20% probably. So the same as about $27,442 gross for a W2 employee to fish full time.
I'd definitely need a side hustle these days but I've worked for less when I was a youngster.
Last edited by B. Dill; 12/14/20 01:46 AM.
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805132
12/14/20 02:55 AM
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Joined: Jul 2013
Posts: 6,444
Brent S
TFF Celebrity
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TFF Celebrity
Joined: Jul 2013
Posts: 6,444 |
Also without healthcare or retirement benefits
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805156
12/14/20 03:19 AM
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Joined: Nov 2005
Posts: 126
MCIPinkie
Outdoorsman
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Outdoorsman
Joined: Nov 2005
Posts: 126 |
Randy Blaukat did a little dissertation on this very issue earlier this year. From a man that has been a pro for 35 years, it was an interesting perspective. Look on YouTube.
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805172
12/14/20 03:35 AM
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Joined: Oct 2011
Posts: 3,271
Mark Jones
TFF Team Angler
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TFF Team Angler
Joined: Oct 2011
Posts: 3,271 |
Let's say for discussion sake that there are 200 "pros" between the two Tours. 50 do well, 100 end up being able to make it work year by year and 50 don't need to be there.
There will always be a line of anglers ready to step up and take their shot regardless.
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Re: Pro Bass Economics
[Re: Mark Jones]
#13805188
12/14/20 04:05 AM
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Joined: Mar 2012
Posts: 11,008
BigDozer66
TFF Guru
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TFF Guru
Joined: Mar 2012
Posts: 11,008 |
If you're not already, I think you'll enjoy the weekly email from Best on Tour. Get's a little more into the "behind" the scenes stuff. I don't know who is behind the emails but I enjoy getting them each week. Matt Meyer I enjoy each of them!  Some of them are eye opening for sure! 
2016 Ranger RT188 Charcoal Metallic Dual Console 2017 Yamaha 115 VMAX SHO (VF115LA) SS Prop Minn Kota Ultrex i-Pilot Link 45" 80 lb. Humminbird Helix 10 Mega SI BalZout Console Humminbird Helix 10 Mega SI BBT Bow Mount Trick Step
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805190
12/14/20 04:07 AM
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Joined: Jan 2011
Posts: 512
Loomis ex
OP
Pro Angler
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OP
Pro Angler
Joined: Jan 2011
Posts: 512 |
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Re: Pro Bass Economics
[Re: Loomis ex]
#13805286
12/14/20 12:28 PM
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Joined: Feb 2004
Posts: 5,282
206champion
TFF Celebrity
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TFF Celebrity
Joined: Feb 2004
Posts: 5,282 |
I think the pros do a lot better than we think, they get new and latest everything and they get to fish for a living.
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