answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers

User Avatar

Wiki User

15y ago

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!

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

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.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

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.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

They definitely do because they're famous!!

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

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

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

No, you have to be amateur I believe.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

Absolutely not!

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much money do Olympic athletes make in a year?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are athletes worth the money they make?

Athletes do make to much money and I dont think that they should make this much.but then they do deserve it...


Do track athletes get paid for setting world records?

How much money do Olympic track and field athletes earn for setting a world record?


How much do American athletes make per medal in the Olympics?

Olympic athletes are not paid to participate, or receive monetary rewards for medals awarded.


Does china pay their Olympic athletes?

yes but not as much as america does


How much funding do Canadian Olympic athletes get?

Clearly not enough.


How much do the athletes spend during the Olympic games?

That would depend on how much the athlete has


How can the olympic games be a waste of money?

well the Olympic games make more money then how much they pay for it. thank goodness for tourist that love sport


Why hasn't the large salaries of professional athletes had a negative impact on the athletes or the sport?

Because the economy doesn't focus on mlb and how much money they make.


How much money does the us swim team get paid for winning the gold medal?

Nothing; most Olympic athletes make money from endorsement deals and other ways of trading on their fame such as book deals, television commentary, interviews, etc. Many, particularly in less popular sports have regular jobs, or are supported by their families.


How much money do the winners in the Olympics get?

The medal winners do not officially get a monetary reward from the Olympic committees. The award depends on the country's Olympic committee and the country's generosity. For example, one country may award a gold medalist with $10,000 whereas another country may award a gold medal with $50,000. Most athletes make their money through endorsement deals and sponsors.


Why are athletes overpaid?

"Overpaid" is an opinion in a Capitalist economy. Athletes are paid so highly because they are in very high demand, and the sport industries make a significant amount of money off of this demand. Because the industries make so much money, they pay as much as they can to attract the best players to play for their team, as most players are going to play for whoever offers them the most money. If society wanted to reduce athletes' pay, the way to do that would be to eliminate the demand of athletes and the industry would no longer profit.


How much money is a Olympic ticket?

08789