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Medalists do not receive cash prizes from the IOC or Olympic organizers, however some countries, including the US and Canada, reward their country's medalists with cash prizes.

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โˆ™ 2011-09-12 22:02:47
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Olympics

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What does the word Olympic mean

What country first proposed the winter olympic games as separate from the traditional olympic games

How did the athletes prepare for the ancient olympic games

What other events were included in the ancient olympic games after the first ancient olympic games

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Related questions

Do the medal winners in Olympics receive cash prizes?

no the medalist do not receive cash prize


How much money does an athelete get for a gold medal?

Olympic athletes do not get paid for the medals they win. They do not receive pay for participating. U.S. medalists receive cash prizes from the U.S. Olympic committee. Gold medal winners receive $25,000, silver medal winners receive $15,000, and bronze medal winners receive $10,000.


Do Heisman Trophy winners get a cash prize in addition to the trophy?

No, they just receive the award. But there are lucrative endorsement opportunities that come with the award and can really enrich the winner.


What is the money prize for an Emmy Award?

Winners of an Emmy Award do not receive a cash prize, they are given a golden statuette of a woman with pointed wings and her arms above her head holding an atom.


Do the pros that are winners in an Olympic event get cash prize?

In Canada there is cash prizes for winning medals. It does not matter if you are professional or amateur.


How much do UK Olympic athletes get paid?

Olympic athletes are amateurs. They do not get paid. Britain does not award cash to medal winners. Other countries in the UK might award cash to their medal winners.


Do Heisman Trophy winners get a cash award?

No. It would be against NCAA rules.


Do the winners of an Olympic event get a cash prize along with a medal?

The International Olympic Committee does not award cash prizes to the winners. Many countries, however, do offer cash prizes and other incentives to medalists. In 2012, American competitors who won Olympic medals were rewarded in cash by the US Olympic Committee. Gold medal winners received $25,000, Silver medal winners received $15,000, and Bronze medal winners received $10,000. However, the real money is earned through commercial endorsements. Some Olympians get paid a performance bonus from sponsors for winning a medal and may sign commercial endorsements that could wind up paying them millions.


Were these always the rules on jeopardy regarding the 2nd and 3rd place winners...when did the rules change?

no they used to receive prizes for second and third place and did not win cash ever, unless it was a tournament and they had already won a game.


How much cash does the American Idol winner receive?

American Idol winners receive a record deal contract, the cash comes from CD's bought.


How much money do you receive for winning an Emmy Award?

An Emmy Award is represented by a gold statuette and prestige, not a cash award.


How much money does the Nobel Peace Prize winner receive?

Nobel Peace Prize WinnerA large monetary award is included with the Nobel Prizes, along with a Diploma.Oh yeah... there's also the gratuitous praise and prestige.Currently about 10 million Swedish Kronor (slightly more than one million Euros or US dollars is awarded to the winner).Nobel peace prize winners and recent cash awards:In 2009 Barack Obama was awarded 1.4 million dollarsIn 2007 the cash award was 1.5 million dollars.In 2005 Mohamed El Bareidi received 1.3 million dollarsCheck the link below from NobelPrize.org for the full list of winners and prizes:

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