As part of “Operation Gold,” an initiative the USOPC launched in 2017, U.S. Olympians who reach the podium receive payments of $37,500 for every gold medal won, $22,500 for silver and $15,000 for bronze.
How much do Olympic athletes make?
At the Tokyo Olympics, American athletes will receive $37,500 for each gold medal, $22,500 for each silver medal and $15,000 for each bronze medal, according to the United States Olympic & Paralympic Committee (USOPC).
How much do US Olympic athletes make?
This year, U.S. Olympians can expect to receive $37,500 for each gold medal they win, $22,500 for each silver, and $15,000 for each bronze. U.S. competitors in the Paralympic Games will earn $7,500 for each gold, $5,250 for each silver, and $3,750 for each bronze.
Do Olympic medalists get paid?
While Australian athletes are promised $20,000 for a gold, $15,000 for silver and $10,000 for bronze, Singapore athletes can earn $1,005,000AUD for winning gold, even though swimmer Joseph Schooling is their only podium topper.
Who is the highest paid Olympic athlete?
Highest paid athletes at the Tokyo Olympic Games in 2021 (in million U.S. dollars)
|Characteristic||Income in million U.S. dollars|
|Kevin Durant (United States – Basketball)||75|
|Naomi Osaka (Japan – Tennis)||60|
|Damian Lillard (United States – Basketball)||40.5|
|Novak Djokovic (Serbia – Tennis)||34.5|
Do Olympic athletes have day jobs?
It’s an unfortunate truth that you’ll be all too aware of: sometimes being among the best in the world at your chosen sport isn’t quite enough to pay the bills. That’s why many athletes work regular day jobs alongside punishing training regimes to help fund their sporting dreams.
Who is the richest female gymnast?
Simone Biles Net Worth: $6 Million
At that Olympics, Biles took home four gold medals and a bronze, racking her up at least $110,000 for that one competition alone.
How much do Olympians get paid for gold medals?
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.