How much do Olympic gold medal winners get paid?
Heading into Tokyo, our athletes are rewarded $20,000 for gold, $15,000 for silver and $10,000 for bronze, which is largely consistent with the 2016 Games in Rio….Related News.
Do you get paid for winning Olympic gold?
However, most Olympic medal winners do receive a cash reward from their home Olympic committee. The US Olympic and Paralympic Committee pays members of Team USA $37,500 for each gold medal they win, $22,500 for every silver, and $15,000 for a bronze.
Do Olympians get paid to train?
The first, stipends. Athletes can get stipends directly from the US Olympic & Paralympic Committee or from the groups that run the Olympic sports teams, called the national governing bodies. We pay to our very top athletes around $4,000 a month, plus performance bonuses.
How much money do athletes get for a gold medal?
Some countries like Azerbaijan will pay $510,000 for a gold (they’ve never had to break the seal on that) while others like Italy can and do pay $180,000 for a gold. The tables below show the breakdown. As of 8/24/16, USA athletes earned $2.08 million in 2016 Olympic money. Olympic Medal Money: How Much do Athletes Get?
Who is making the most money in the Olympics?
Viktor Ahn has earned the second-most Olympics money since 2000, despite only being in the 2014 Olympics and winning 18 fewer medals than Michael Phelps. That’s because three of his four medals were gold, which in Russia pays $135,000 each.
How much money does Michael Phelps make per medal?
That’s still only a small portion of the money Phelps has made, with most of it coming from endorsements. Viktor Ahn has earned the second-most Olympics money since 2000, despite only being in the 2014 Olympics and winning 18 fewer medals than Michael Phelps. That’s because three of his four medals were gold, which in Russia pays $135,000 each.