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Jonathan Milan vs Richard Carapaz

Jonathan MilanRichard Carapaz
Salary 2026€2.2M Model€2.3M Reported
Market value 2026€2.6M Model€1.8M Model
Salary against market value-14%+30%
TeamLidl-TrekEF Education-EasyPost
Rolesecond-tier leadersecond-tier leader
Age2533
NationalityItalyEcuador
Contract toend of 2029 (announced Aug 2025)end of 2029 (announced Nov 2025)
Prize money generated, 2026€90k€125k
Prize money received, 2026 Model€19k€18k
PCS rank#46#13

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.

Richard Carapaz earns more: €2.3M a year against €2.2M for Jonathan Milan, 2% more. Richard Carapaz's figure is reported in the press; Jonathan Milan's is our model estimate. Jonathan Milan is younger: 25 against 33. Both are under contract to the end of 2029. Richard Carapaz has the larger gap between salary and market value: his salary is 30% above his market value, against 14% below for Jonathan Milan.

Questions

Who earns more, Jonathan Milan or Richard Carapaz?

Richard Carapaz earns more: €2.3M a year against €2.2M for Jonathan Milan, 2% more.

Who has the higher market value, Jonathan Milan or Richard Carapaz?

Jonathan Milan: €2.6M against €1.8M for Richard Carapaz. Market value is our model's estimate of what the same job would cost on today's results.

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