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Author Topic: Rio Olympics 2016: What do different countries pay olympians for gold medals?  (Read 10289 times)

Moneypenny

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Rio Olympics 2016: What do different countries pay olympians for gold medals?
« on: August 16, 2016, 10:41:18 am »
"That means Phelps will earn $140,000 in Rio alone and a whopping $650,000 across all five of his games appearances."

http://www.countryliving.com/life/a39511/olympians-medal-bonus/
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Patrick

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Re: Rio Olympics 2016: What do different countries pay olympians for gold medals?
« Reply #1 on: August 16, 2016, 12:27:01 pm »
So it's almost the inverse to the wealth of the country...

SA:
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Following a late cash injection from Telkom, along with the main contributions from the Lotto, individual athletes can win R500 000 for a gold medal, R250 000 for silver and R100 000 for bronze at both the Olympics (August 5-21) and Paralympics (September 7-18).
But they have to give 20% to their coach: http://www.iol.co.za/olympics-rio-2016/teamsa/sa-olympians-can-win-big-money-in-rio-2045405
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