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Old 06-21-2021, 05:18 PM
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Default Lifestyles of the greatest

Curious what kinda of lifestyle Wagner and others lived back in the day. Did they live in mansions, expensive cars, etc.
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Old 06-21-2021, 06:18 PM
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Old 06-21-2021, 07:34 PM
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Interesting to think about, but I’m sure it varied a good bit. I’m sure some will have specific examples.

From a historical perspective and a quick search, the top players of the game around 1910 were pulling in close to $10k a year. That doesn’t sound like much, but compared to the average worker making under $500 a year, it was. I’m sure there were some handshakes that included car keys and what not too. A nice house could be had for under $5k, a car for under $1k, etc. Of course there were higher end items available too. It was a different time when extreme luxury meant having a flushing toilet, electricity and maybe a phone line. Americans in 1910 were not yet completely focused on consumerism. When you’re making 20x more than the average worker, you certainly could afford more than most and higher end items.
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Old 06-21-2021, 07:57 PM
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And they weren't even the best paid athletes.

Six day bike riders got 100 a day for beginners up to 1000 a day for the top star just after 1898. By the 20's it was higher, especially if the crowd put up some nice sprint prizes, which could often be $200.

Alf Goullet and his partner earned 50K on the last day alone on 1921, and got a 10K appearance fee for his last race in 1925.
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Old 06-21-2021, 08:15 PM
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The highest salary Wagner ever had was $10,000. That was roughly 25x the average US salary. That probably means that he could live well, but not be in the mansion class. Imagine how one would live today if their salary was 25x the national average.
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Old 06-21-2021, 08:30 PM
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Quote:
Originally Posted by oldjudge View Post
The highest salary Wagner ever had was $10,000. That was roughly 25x the average US salary. That probably means that he could live well, but not be in the mansion class. Imagine how one would live today if their salary was 25x the national average.
Such as head football & basketball coaches at major colleges and universities, for example
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Old 06-21-2021, 08:58 PM
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Quote:
Originally Posted by oldjudge View Post
The highest salary Wagner ever had was $10,000. That was roughly 25x the average US salary. That probably means that he could live well, but not be in the mansion class. Imagine how one would live today if their salary was 25x the national average.
The purchasing power of $10,000.00 in 1908 is equivalent to approximately $286,000.00 today. Accordingly, I’m sure Wagner lived very well, but nowhere near today’s superstars.
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