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Neither the International nor the U.S. Olympic Committees pay the athletes for competing. Only gold, silver, and bronze medal winners get paid by the USOC (US Olympic Committee). Gold gets $25,000; Silver, $15,000; and Bronze, $10,000.

But the real money that athletes make comes from lucrative marketing deals. U.S. swimmer Michael Phelps, for instance, received an estimated $5 million for plugging companies like Omega, PowerBar, Visa and Speedo.

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10y ago

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