Introduction to the Bargain Block Guys
The Bargain Block Guys, Keith Bynum and Evan Thomas, have become household names in the world of home renovation and reality television. Their show, “Bargain Block,” which airs on HGTV, follows the duo as they purchase and renovate distressed properties in Detroit, Michigan, transforming them into stylish and affordable homes. As their popularity grows, many fans are curious about the financial aspects of their show, particularly how much they earn per episode.
Understanding Reality TV Earnings
Before diving into the specifics of the Bargain Block Guys’ earnings, it’s important to understand how reality TV stars are compensated. Unlike scripted television actors who have standardized pay scales, reality TV star earnings can vary widely based on the show’s budget, the stars’ negotiation skills, and their overall popularity.
The Bargain Block Guys’ Earnings Per Episode
While the exact figures for Keith Bynum and Evan Thomas’s earnings per episode are not publicly disclosed, we can make some educated guesses based on industry standards and the success of their show. Typically, reality TV stars on a cable network like HGTV can earn anywhere from a few thousand dollars to over $10,000 per episode, depending on the factors mentioned above.
Factors Influencing Their Pay
Several factors can influence how much the Bargain Block Guys make per episode, including:
- The show’s viewership and ratings
- Their experience and reputation in the industry
- The production budget of “Bargain Block”
- Negotiation of contracts and pay raises over time
Comparing to Other HGTV Stars
To get a better idea of the Bargain Block Guys’ potential earnings, we can look at the reported earnings of other HGTV stars. For instance, the stars of “Fixer Upper,” Chip and Joanna Gaines, reportedly made around $30,000 per episode at the height of their show’s popularity. However, as newcomers, Keith and Evan’s earnings are likely to be on the lower end of the spectrum.
Additional Revenue Streams
Beyond their earnings per episode, Keith and Evan likely have additional revenue streams, such as:
- Endorsement deals and sponsorships
- Income from their renovated properties
- Merchandise sales
- Public appearances and speaking engagements
Investment in Their Renovations
It’s also important to consider that a portion of their earnings may be reinvested into their renovation projects. The Bargain Block Guys are known for their budget-friendly renovations, but they still incur significant costs for materials, labor, and other expenses.
Net Worth Considerations
When discussing earnings, it’s also relevant to consider the net worth of the individuals. Keith Bynum and Evan Thomas’s net worth is not just a reflection of their earnings from the show but also their savvy investments and business decisions in the real estate market.
Table of Estimated Earnings and Net Worth
| Attribute | Detail |
|---|---|
| Estimated Net Worth: | $1 million (combined) |
| Age: | Keith (30s), Evan (30s) |
| Born: | United States |
| Country of Origin: | United States |
| Source of Wealth: | Real Estate, Television |
Contract Negotiations and Future Earnings
As “Bargain Block” continues to gain popularity, Keith and Evan may have opportunities to renegotiate their contracts, potentially leading to higher earnings per episode in future seasons.
Impact of Show’s Success on Earnings
The success of “Bargain Block” not only boosts the Bargain Block Guys’ visibility but can also lead to increased earnings as the network may be willing to invest more in a proven hit show.
Publicity and Brand Endorsements
With increased fame comes the potential for brand endorsements and partnerships. These deals can significantly supplement the Bargain Block Guys’ income, sometimes even surpassing their TV show earnings.
Merchandising and Product Lines
Many HGTV stars expand their brand by launching product lines or writing books. If Keith and Evan decide to take this route, it could open up another lucrative income stream.
Real Estate Profits
The core of the Bargain Block Guys’ business is real estate. Profits from selling renovated homes contribute to their overall financial picture and may exceed their television earnings.
Philanthropy and Community Investment
Keith and Evan are also known for their commitment to revitalizing Detroit neighborhoods. While this may not directly increase their earnings, it builds their reputation and can lead to other profitable opportunities.
FAQs About the Bargain Block Guys’ Earnings
- How do the Bargain Block Guys make money?
They earn money from their HGTV show, real estate investments, and potentially from endorsements and merchandise. - Do Keith and Evan own the homes they renovate?
Yes, they purchase the homes before renovating and selling them. - Have the Bargain Block Guys won any awards for their work?
As of the knowledge cutoff date, they have not won any major awards, but they have gained significant recognition for their work. - Are the renovations on “Bargain Block” real?
Yes, the renovations are real, and the homes are sold on the market after completion. - Do Keith and Evan have other jobs outside of “Bargain Block”?
Their primary focus is on their show and real estate ventures, but they may have other business interests as well.
Conclusion
In conclusion, while the exact amount that Keith Bynum and Evan Thomas make per episode of “Bargain Block” is not publicly known, it is clear that their income is a combination of their television earnings, real estate profits, and potential additional revenue streams. As their show continues to grow in popularity, so too may their earnings and opportunities for expansion in the home renovation and real estate industry. The Bargain Block Guys have not only made a name for themselves on television but have also made a significant impact on the communities they work in, proving that their value extends beyond their TV salaries.
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