How Much Athletes Get Paid for Winning Medals at Olympics, Paralympics
Let the games begin! Following their impressive medal finishes at the Olympics and Paralympics, athletes can expect to take home an impressive salary per competition victory. Olympians traditionally earn a generous monetary reward from their home country after clinching a gold, silver or bronze medal in their sport. While the International Olympic Committee (IOC) — which organizes the Games — does not pay athletes for their winning performances, many countries offer some form of compensation for a podium finish on their own. For instance, the United States offers winners a modest salary per medal , while other countries have their own bonus amounts set. For example, Singapore reportedly pays gold medalists $744,000 and Italy pays their first-place winners $212,400, according to CNBC . However, not every country offers monetary bonuses after a medal finish, including Great Britain, New Zealand and Sweden, according to a Forbes report. Some countries, including England, ...