Its really quite conservative.
Contest prep 12 to 16 weeks gear and HGH, anti estrogen's stimulants etc ( at $120 per day ) 15 k x 2 per year. Call it $30k for both
Now from looking at King i would say, he doesn't downsize to much so max 6 to 8 week break if any, don't believe anything he says, believe me pros can even lie to themselves, so throw in one off season course as well, average 10iu jins day plus 1 to 2 amps sust with insulin say 12 weeks 84 days at say a $100 per day. So $8400
DailyDieting on 500g protein per day 200 from his supps given free to him. 300g from food, say he cooks 4 meals and eats out once, allowing 20 bucks to eat 60grams of protein from sushi. Groceries say $300 per week x 52 = 17,500 approx
Eating out once per day 350 days x 20 bucks $7,000 cheap sushi rate.
I would say the above looks pretty close from what Ive seen first hand but what would i know.

maybe 80 k was a bit high still doesn't leave much after you pay for your mobile put petrol in and service the car, not to many people can run successful small businesses over a long period of time when they gross 100k, not hating guys just being real.
Throw something up for debate