Here’s how much athletes at the Paris Olympics earn for winning medals
The 2024 Paris Olympics are actually effectively underway, along with lots of medals currently given out.
Apart from a medal, a packed plaything of the Olympics pet as well as a "mystical" package including the authorities occasion poster, some medalists get extra monetary benefits for their initiatives.
While the Worldwide Olympic Board doesn't provide cash prize for winning medals, a number of nations perform benefit their professional athletes along with medal rewards.
Listed below are actually a few of the payments, based upon info put together through CNBC coming from nationwide Olympic committees, sporting activities organizations as well as regional records.
This year, the urban area is actually slated for significant payments because of a very early plant of medals in going swimming as well as fence. Vivian Kong won Hong Kong's very initial medal at the Paris Video games, covering the podium in the women's epee private occasion. Other fencer Cheung Ka-long likewise won gold in the men's private foil occasion, while swimmer Siobhan Bernadette Haughey nabbed a bronze medal in the women's 200-meter freestyle.
Singapore provides Olympic medalists 1 thousand Singapore bucks ($745,300) for gold, SG$500,000 for silver as well as SG$250,000 for bronze. The city-state has actually just dispensed the leading money reward towards one professional athlete: Joseph Schooling. The currently retired swimmer beat the Unified States' Michael Phelps in the 100-meter butterfly at the Rio Olympics in 2016 towards gain gold.
Various other federal authorities hanging six-figure money benefits for their gold medalists consist of Israel, Malaysia, Kazakhstan as well as Indonesia. Israel is actually apparently providing a thousand Israeli shekels ($270,537) for a gold medal, noting a 50% leap coming from exactly just what was actually provided for the Tokyo Video games.
Multitude nation France has actually likewise apparently bumped up its own money rewards. Gold medalists are actually slated towards get 80,000 euros ($86,528) — 15,000 euros greater than exactly just what it provided at the Tokyo Olympics.
Some prolong benefits towards professional athletes beyond the podium locations. Germany's Sporting activities Help Structure doles out money rewards as much as eighth-place finishers at the Olympic Video games. Gold medalists get twenty,000 euros.
India's Olympic professional athletes get financial benefits coming from each the federal authorities as well as its own nationwide sporting activities body system, inning accordance with regional media. The federal authorities provide gold medalists 7.5 thousand rupees ($90,000) while the Indian Olympic Organization individually provides 10 thousand rupees.
