How much money do the medal winners get in the Olympics?
How much money do the medal winners get in the Olympics?
UN MILLION DOLLARES
DISGUSTINGLY FILTHY RICH
depends on the sport and/or event.
USOC gives $24K for gold, $15K for silver, $10K for bronze.
Depending on your sport, endorsements, appearance fees, etc can add up to far more than that.
I know a medalist(silver) from the Bejing Olympics. It really depends on who you are and what event you particpated in. The sprinters generally make the most. The Olympian I know(who is not sprinter) makes roughly 200K/year. Mostly through endorsements. It's not a ton, but I wouldn't mind makeing that kind of money doing a sport I love.
More than me wrote:
I know a medalist(silver) from the Bejing Olympics. It really depends on who you are and what event you particpated in. The sprinters generally make the most. The Olympian I know(who is not sprinter) makes roughly 200K/year. Mostly through endorsements. It's not a ton, but I wouldn't mind makeing that kind of money doing a sport I love.
Willis?
Out of respect for them, since I'm talking about how much money they make I can't/won't give their name.
...? wrote:
How much money do the medal winners get in the Olympics?
There is no prize money in the Olympics itself, if that's your question.
More than me wrote:
Out of respect for them, since I'm talking about how much money they make I can't/won't give their name.
Willis.
...? wrote:
How much money do the medal winners get in the Olympics?
All medal winners at the olympics are paid 79.5k/year (USD) with basic medical and dental benefits. They also receive free room and board for 9 months per year, and per diem when they travel to the olympics. Plus, at the olympics, you get all the McDonald's you want for free in the Olympic athletes' village, so being an olympian is pretty sweet. Except for the lack of a 401k plan.
feature wrote:
...? wrote:How much money do the medal winners get in the Olympics?
All medal winners at the olympics are paid 79.5k/year (USD) with basic medical and dental benefits. They also receive free room and board for 9 months per year, and per diem when they travel to the olympics. Plus, at the olympics, you get all the McDonald's you want for free in the Olympic athletes' village, so being an olympian is pretty sweet. Except for the lack of a 401k plan.
USA athletes have been awarded about 2,500 medals over the course of the modern Olympics Games.
The story of James Howard Snook is just one of the many odd tales surrounding US Olympic medalists.
...? wrote:
How much money do the medal winners get in the Olympics?
It varies from country to country and sport to sport.
The IOC does not pay medal winners. Many NOCs (National Olympic Committee) pay medal winners something.
I think the US pays $25K for gold $15K for silver $10K for bronze. Sometimes the NGB kicks in some cash.
It should be noted that Olympians and those who meet some standard can receive benefits such as access to a training center, basic insurance (which is pretty lame actually), college tuition reimbursement, access to career counseling, etc.
The real money for some comes in endorsements, appearance fees, speaking fees, etc. However, a medal winner in say luge will not haul in what a swimmer might make or a track and field athlete.
It is pretty cool to win an Olympic medal as you are always going to be introduced/known as "____ medal winner ______".
"Olympian" is not an occupation. More of a hobby, I'd say. Many professional athletes happen to be Olympians though. If you make it for T&F from USA it is supremely impressive! For some other countries, it is less so.
The Olympics themselves do NOT pay medal winners. However, medal winners are often compensated by their national athletic organizations and even if they don't just being an Olympic medal winner can profit the athlete through later appearance fees, contracts, etc. Bottom line is, it's good to win an Olympic medal even if it's only a piece of metal on a ribbon.
Les wrote:
The Olympics themselves do NOT pay medal winners. However, medal winners are often compensated by their national athletic organizations and even if they don't just being an Olympic medal winner can profit the athlete through later appearance fees, contracts, etc. Bottom line is, it's good to win an Olympic medal even if it's only a piece of metal on a ribbon.
Wow!
I agree
RIP: D3 All-American Frank Csorba - who ran 13:56 in March - dead
RENATO can you talk about the preparation of Emile Cairess 2:06
Running for Bowerman Track Club used to be cool now its embarrassing
Hats off to my dad. He just ran a 1:42 Half Marathon and turns 75 in 2 months!
Great interview with Steve Cram - says Jakob has no chance of WRs this year