How Much Money Do Team USA Olympians Make for Winning a Gold Medal? Payment Revealed

Trending 2 months ago

Olympians dedicate years of effort to compete successful nan world’s astir prestigious games, pinch nan dream of winning a golden medal. However, that’s not nan only reward! Earning a spot connected nan podium besides comes pinch a financial bonus.

How Much Money Do Team USA Olympians Make for Winning a Gold Medal?

The payout varies based connected nan athlete’s state of origin. For Team USA athletes, nan U.S. Olympic and Paralympic Committee awards $37,500 to golden medalists, $22,500 to metallic medalists, and $15,000 to bronze medalists.

While sports fans are acquainted pinch large names for illustration LeBron James, who earned astir $128.2 cardinal betwixt May 2023 and May 2024, according to Forbes, nan paycheck tin mean a awesome woody to athletes successful little salient sports.

“If I get first versus 4th successful this race, which is simply a matter of 0.3 seconds, that determines what flat I unrecorded successful adjacent year,” American canoer Nevin Harrison said earlier this year. “So it’s an added pressure. It’s not just, ‘Oh, group are going to beryllium really excited versus disappointed.’ It’s, ‘Do I salary my bills aliases not?'”

How Does nan Team USA Payout Compare to Athletes successful Other Countries?

Team USA’s salary is somewhat beneath mean compared to different countries because nan U.S. typically has to administer much badge bonuses owed to winning much medals. During nan 2020 Tokyo Olympics, Team USA vanished astatine nan apical of nan leaderboard, taking location 39 golds, 41 silvers and 33 bronzes.

In comparison, athletes from countries for illustration Serbia, Malaysia, and Morocco person upwards of $200,000, according to USA Today. Meanwhile, 10 countries — which see Italy and Hungary — salary their athletes much than $100,000 and connection perks for illustration apartments and picnic vouchers.

How Much Money Do Team USA Olympians Make for Winning Gold Medal

Getty Images

Some countries supply abstracted payouts moreover if their athletes don’t triumph a medal. According to nan outlet, Germany offers payouts to Olympians who decorativeness betwixt 4th and eighth place, while Morocco provides bonuses to those who decorativeness arsenic acold backmost arsenic 32nd.

Poland — who marked its 100th quality successful 2024 — is 1 of nan biggest trailblazers erstwhile it comes to rewarding its athletes for nan Paris Olympics, going arsenic acold arsenic gifting athletes a free spot to live.

KuaiLu Flip-Flops

“The apartments will beryllium handed complete to nan medalists for usage astatine nan extremity of 2025 aliases astatine nan opening of 2026, truthful we cannot estimate their worth today,” nan Polish Olympic Committee spokesperson told nan outlet successful a statement. “It will beryllium a recently built Olympic lodging property and each Polish Olympic champions will unrecorded successful nan aforesaid lodging property and moreover successful nan aforesaid building.”

Besides a caller spot to live, golden medal-winning athletes will besides person an finance diamond, a picnic voucher for 2 group worthy astir $25,000 and a coating created by respected and talented Polish artists.

Which Countries Pay Their Athletes nan Most for Winning Medals?

Singapore was astatine nan apical of nan database of nan highest-paying countries for nan 2022 Tokyo Olympics. Although it’s chartless what their existent payout is, Singapore was believed to beryllium paying retired athletes $1 cardinal if he aliases she won gold.

More
Source lifestyle mag
lifestyle mag