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Biniam Girmay vs Mads Pedersen
| Biniam Girmay | Mads Pedersen | |
|---|---|---|
| Salary 2026 | €2M Reported | €2.5M Reported |
| Market value 2026 | €1.5M Model | €3.3M Model |
| Salary against market value | +34% | -23% |
| Team | NSN Cycling Team | Lidl-Trek |
| Role | team leader | tier-one leader |
| Age | 26 | 30 |
| Nationality | Eritrea | Denmark |
| Contract to | end of 2028 (announced Dec 2025) | end of 2029 (announced May 2025) |
| Prize money generated, 2026 | €49k | €88k |
| Prize money received, 2026 Model | €7,811 | €26k |
| PCS rank | #57 | #21 |
Salary: gross base salary, before tax. Reported or Press estimate when the press published it, Model when it is our estimate; market value is always our model. How the model works · How wrong it is. Prize money generated: what the rider won at WorldTour and ProSeries races, pooled with the team, not kept.
Mads Pedersen earns more: €2.5M a year against €2M for Biniam Girmay, 25% more. Both figures are reported in the press. Biniam Girmay is younger: 26 against 30. Biniam Girmay's contract runs out earlier, at the end of 2028; Mads Pedersen's runs to the end of 2029. Biniam Girmay has the larger gap between salary and market value: his salary is 34% above his market value, against 23% below for Mads Pedersen.
Questions
Who earns more, Biniam Girmay or Mads Pedersen?
Mads Pedersen earns more: €2.5M a year against €2M for Biniam Girmay, 25% more.
Who has the higher market value, Biniam Girmay or Mads Pedersen?
Mads Pedersen: €3.3M against €1.5M for Biniam Girmay. Market value is our model's estimate of what the same job would cost on today's results.
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