An exercise equipment protective covering system and method is disclosed which generally comprises a front surface having an upper portion and a lower portion. A back surface is coupled to the upper portion of the front surface such that a retention pocket is formed there between. A pair of retention straps are coupled to the lower portion of the front surface and used to secure the protective covering to an exercise training bench. The front surface may include a graphical indicia thereon. Also, an accessory pocket is coupled to the protective covering for the storage of personal items.