How Much Does Mike Smith Make?
Earnings: $306 Million.
According to Chron On average, jockeys only get paid around $100 or so to ride a mount, but they collect 10 percent of the first-place money and 5 percent of the second-, third- and fourth-place money paid to the owners if the horse finishes in the money.
Horse Jockey Mike Smith just made headlines for winning the 2018 Kentucky Derby with horse Justify. According to sources he was a favorite to win. He was very confident going into the race after winning in 2005. But this year was his first time riding a horse under 3 years old. Justify,” recently won the 2018 Santa Anita Derby and the jockey riding him, Mike Smith.
The 52-year-old has been one of the leading jockeys in the US since the 1990s. Smith’s $306 million makes him the second leading jockey of all-time in earnings. Velazquez comes first with $383 million.
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