If you go to page 18 out of 51
https://news.google.com/newspapers?nid=lL5f5cZgq8MC&dat=19600110&printsec=frontpage&hl=en
There is a nice interview with Hoad.
He says he made 100,000 GBP (around $280,000) at the end of 1959 Ampol Tour.
So how is it possible he made $200,000 just in the WS58?
Do you really think he made just $80,000 during all 1957, all 1959 and half 1958?
Thanks for the great link, it tells us a lot, like it confirms the 24 to 23 hth score for Hoad and Gonzales, that was not a misprint in "The Age".
Hoad says he got $70,000 for 1959, which is what you would expect, in the second years the pros got less.
Yes, I use the 2.8 exchange rate, so that is about $210,000 for Hoad's first (approximately) twelve months as a pro, which is what I claim he got.
No, I was not excluding the tournament play.
The claim that Hoad received "almost" $200,000 for the first 12 months was wrong, and I apologize for that....the real answer is that Hoad got about
$210,000 for those first months from July 1957 to September 1958 (minus some down time during the 1958 hth tour when his back gave out, many weeks).
I UNDERestimated how much Hoad received for that first period!
So this information supports the quote which I gave you.
I always thought that for the first 2 1/2 years (minus 4 or 5 months downtime) Hoad received about $300,000.
The real answer is $280,000 PLUS the $25,000 signing bonus in the contract.
And endorsements and ad revenue of about $56,000.
Earlier , we thought that the $210,00 figure must include endorsements and ads, but not so.
Plus some investment income.....not bad.