How much money do Olympic athletes make in a year?

Answer 1

It depends on the country. Most Olympians are paid by their government. US Athlete's are not, in fact, US athletes are volunteers. They make money through sponsorships, endorsements, and in some sports prize money. Unfortunately that can add up to be a boatload of cash or not much at all depending on the sport and the individual athlete.

Answer 2

Athletes get an appearance fee and then extra if they win. They are not salaried which is why sponsorship and government grants are so important. They may also qualify for allowances from the AA but, again, these are small amounts.

Most athletes will have an agent, if they are good, they will be signed to do endorsements, get sponsorship etc.

Answer 3

I believe that the athletes get paid. However, if another country wants the athlete to play for them, then the athlete will be paid quite a lot of money. Some countries will pay an athlete millions for them to play for them!

Answer 4

Most Olympic athletes do not get paid for winning at the Olympics. Many of the countries will pay the travel expenses of the athletes. Most athletes are sponsored and will receive bonus money from the sponsors for doing well or medaling at the Olympics.

For more information, please refer to the related link.

Answer 5

Not directly. Although involvement in the Olympics is voluntary, the participants can go on to receive sport endorsements and public appearances that can result in a lucrative career. Many athletes will go on to compete professionally as well.

Answer 6

They definitely do because they're famous!!

Answer 7

They don't actually get paid but after the Olympics they get endorsements from companies kinda like sponsorships

Answer 8

No, you have to be amateur I believe.

Answer 9

Absolutely not!