Richard Carapaz salary: Reports in Italy suggest the Giro d'Italia winner is on just €150,000 per year at Movistar but is on the way to Team Ineos for €1.5 million annually.
Media reports in Italy have suggested Giro d’Italia winner Richard Carapaz is on a salary of just €150,000 with Movistar.
However, La Gazzetta dello Sport has also reported the Ecuadorian looks set for a big money move.
It has said the 26-year-old, who won the Giro and took two stages along the way, is about to transfer to Team Ineos.
And a salary of €1.5 million per year has been mooted; about right for a team with a reported 10 riders on €1 million a year or more.
The 26-year-old is now money in the bank for any team, and not just because of his Giro win.
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He rode exceptionally well during the race, looking by far the strongest once he got the race leader’s jersey.
He was effectively underestimated and given too much rope by Primoz Roglic (Jumbo Visma) and Vincenzo Nibali (Bahrain Merida) on stage 14.
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Carapaz won the stage that day and gained almost two minutes on them, claiming the race lead and defending it all the way.
However, he had also won stage 4 of the race into Frascati. And having claimed a stage win last year and been 4th overall, any team signing him would be investing in a proven Grand Tour rider.
That he may be earning just €150,000 should perhaps come as no surprise.
The transfer market has been very poor in recent years and before signing for Movistar he was a relative unknown.
He was riding for Colombian Continental level team Strongman-Campagnolo Wilier in 2016 but left it for Movistar; from the end of July that year.
It means he does not even have three years under his belt
in the top flight. Indeed, he had ridden very few UCI-ranked races before
moving to Movistar.
In 2014, for example, he competed in only one race with
UCI ranking; the five-stage Vuelta al Sur de Bolivia (UCI 2.2).
The following year, 2015, he competed in just two UCI-ranked events; the U23 road race and TT at the Pan American Championships where he was 4th and 6th respectively.
When he went to Movistar he was the first rider from Ecuador to ride for a WorldTour team and will now be a national sporting hero in a country that focuses on very little sport outside soccer.
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