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Matthew Brennan vs Richard Carapaz

Matthew BrennanRichard Carapaz
Salary 2026€2.1M Model€2.3M Reported
Market value 2026€2.6M Model€1.8M Model
Salary against market value-20%+30%
TeamVisma | Lease a BikeEF Education-EasyPost
Rolesecond-tier leadersecond-tier leader
Age2133
NationalityGreat BritainEcuador
Contract toend of 2029 (announced Dec 2025)end of 2029 (announced Nov 2025)
Prize money generated, 2026€90k€125k
Prize money received, 2026 Model€23k€18k
PCS rank#25#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 €2.1M for Matthew Brennan, 10% more. Richard Carapaz's figure is reported in the press; Matthew Brennan's is our model estimate. Matthew Brennan is younger: 21 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 20% below for Matthew Brennan.

Questions

Who earns more, Matthew Brennan or Richard Carapaz?

Richard Carapaz earns more: €2.3M a year against €2.1M for Matthew Brennan, 10% more.

Who has the higher market value, Matthew Brennan or Richard Carapaz?

Matthew Brennan: €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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