Gotta love Sylvan Adams, a UCI World Masters Track Cycling Champion himself, for building a world-class velodrome in Israel. And if he now wants to pay the TopDawg many millions over three years I commend him for trying to drag cycling out of the bargain basement of professional sports. Of course the fans of the low budget teams that never compensate their riders properly will try to find fault.
It's not even that though. It's more that you're paying top dollar for people who will never be any better than they are right now. This is something that Ineos demonstrably
haven't done, and has been one of their biggest strengths and part of why they've established a dynasty and not other super-budget teams. Sure, Ineos has more money than anybody else, but look at other big budget start-up or influx-of-cash teams who've done what Israel Start-up Nation are doing, and where they are now.
BMC had that super-sized budget and they spent it on Evans - who was getting older but whose results got better due to his late-career change of style and heart - but other than that it was a lot of money for a declining Hincapie, an over-the-hill Kroon and paying peak price for a Ballan that would never reach that level again. Katyusha paid top dollar for people like Vladimir Karpets. Apart from Ballan (and Mantova was an issue for him) they were all 32-33 years old or more. Cervélo spent a lot on Carlos Sastre, who would be 34 before the first GT of 2009 began. Hushovd was 30, and would likely never get as high paid a contract ever again... except then Cervélo folded and he wound up being paid through the nose as reigning World Champion at 32 by BMC.
In giving out those kind of fat contracts, you have to judge people not on what they have achieved but on what they
will achieve with you. That's why Chris Horner couldn't find a team willing to pay him what he wanted for 2014. And what you expect out of that will be different for different teams of course. Some teams make a tradition of these kind of cut-price flyers on older riders or riders with some injury history or other issues - Movistar with Betancur, Rujano, Gadret or Moreau, or Dimension Data with the old HTC group of Renshaw, Cav and Eisel, for example - but these are typically because those riders are experienced enough to not need much looking after or coaching, and they come at a cheaper price because they're in the twilight of their careers or at a "prove yourself worth it" period. A €5m a year deal is quite demonstrably not that. That's top dollar for somebody you expect peak performance from, not a 34-hyear-old coming off a major injury. That's the kind of contract that becomes a millstone if Froome returns at anything other than the level he had in 2017-18. If he comes and is a top level GC contender but not the man that's winning Grand Tours, it's still a risky contract because you could have a couple of people who can achieve at a comparable level to that, and have room for improvement, for less. It's the kind of contract that wouldn't happen if there was a salary cap - not because nobody is worth that money. Not even because Froome himself isn't worth that money, or wouldn't still be worth it if he signed at that level 2-3 years ago. But it's the kind of contract you see hockey players sign in their prime that guarantee them huge money until they're 38-39, and then they end up getting LTI-Retired, or they wind up having to give up assets to get the player off their books. You know, like how Toronto traded a prospect AND their own first round draft pick in exchange for little more than a sixth rounder, for somebody to take Patrick Marleau's contract off their hands, because they were paying him a colossal contract he'd signed a few years before when he justified it.
It feels very much like they're paying the kind of money that you should be paying to a star of today who will hopefully be a star of the future, to a man who is a star of yesterday who will hopefully still be a star today.