Estonia · 23 · Classics · PCS rank 327
Madis Mihkels
How this estimate is made. EF Education-EasyPost's riders' wage pool is about €12.6M (budget €30M × 42%, the rider-wage share rising with budget). After fixed reported salaries, the rest is split by a value score — 0.6 × 2026 PCS points + 0.4 × career points per season, raised to the power 1.15 — with an age factor of 0.9 at age 23. Half of the estimate comes from the same allocation run league-wide, so leaders of small teams aren't over-priced. Floor for this rider: €113k. Typical error on a single rider is ±40%, which is the range shown above. Full method.
Career by season
Turned pro in 2022. PCS points, race days and results per season from ProCyclingStats. Prize money is what the rider generated at WorldTour and ProSeries races (PCS per-race prize lists, 2022 onwards) — pooled with the team, not kept. Generated since 2022: €30k.
| Season | Team | Level | PCS pts | Race days | Wins | Podiums | Prize money generated |
|---|---|---|---|---|---|---|---|
| 2026 | EF Education-EasyPost | WorldTour | 167 | 55 | — | 1 | €7,974 |
| 2025 | EF Education - EasyPost | WorldTour | 311 | 59 | 1 | 2 | €8,560 |
| 2024 | Intermarché - Wanty | WorldTour | 369 | 65 | — | 2 | €7,856 |
| 2023 | Intermarché - Circus - Wanty | WorldTour | 165 | 62 | 1 | 1 | €5,155 |
| 2022 | Intermarché - Wanty - Gobert Matériaux | WorldTour | 106 | 12 | 1 | 1 | €95 |
Prize money before 2022 was not collected. Salary estimates by season will follow once the 2021–2025 rosters are in.
Mihkels in context
EF Education-EasyPost — top earners Team →
- 1Richard Carapaz€2.3M Reported
- 2Alex Baudin€1.2M Model
- 3Ben Healy€1M Model
- 4Michael Valgren€670k Model
- 5Neilson Powless€606k Model
- 11Madis Mihkels€455k Model
SEG Cycling Agency →
- Jordi MeeusRed Bull-BORA-hansgrohe1067 pts
- Olav KooijDecathlon CMA CGM904 pts
- Jay VineUAE Team Emirates-XRG898 pts
51 WorldTour clients · 7.7% of all points · Netherlands
Same salary band
- Marc SolerUAE Team Emirates-XRG · 224 pts€463k
- Hugo HofstetterNSN Cycling Team · 265 pts€463k
- Axel ZingleVisma | Lease a Bike · 184 pts€458k
- Daniel Felipe MartínezRed Bull-BORA-hansgrohe · 347 pts€451k
- Stan DewulfDecathlon CMA CGM · 255 pts€451k
- Adrià PericasUAE Team Emirates-XRG · 310 pts€447k
Snapshot 13 September 2026. Salary is a gross base-salary figure for the 2026 season in euros; it excludes bonuses, prize money and personal sponsors.