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Mads Pedersen vs Stephen Williams

Mads PedersenStephen Williams
Salary 2026€2.5M Reported€781k Model
Market value 2026€3.3M Model€482k Model
Salary against market value-23%+62%
TeamLidl-TrekNSN Cycling Team
Roletier-one leaderkey climber / super-domestique
Age3030
NationalityDenmarkGreat Britain
Contract toend of 2029 (announced May 2025)end of 2028 (announced 8 July)
Prize money generated, 2026€88k€0
Prize money received, 2026 Model€26k€0

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 €781k for Stephen Williams, 220% more. Mads Pedersen's figure is reported in the press; Stephen Williams's is our model estimate. Both are 30. Stephen Williams's contract runs out earlier, at the end of 2028; Mads Pedersen's runs to the end of 2029. Stephen Williams has the larger gap between salary and market value: his salary is 62% above his market value, against 23% below for Mads Pedersen.

Questions

Who earns more, Mads Pedersen or Stephen Williams?

Mads Pedersen earns more: €2.5M a year against €781k for Stephen Williams, 220% more.

Who has the higher market value, Mads Pedersen or Stephen Williams?

Mads Pedersen: €3.3M against €482k for Stephen Williams. Market value is our model's estimate of what the same job would cost on today's results.

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