Olympic athletes get paid based on if they win a medal.
For 2008, the payment schedule is:
Also, Michael Phelps had an agreement with his sponsor Speedo in which a $1 million bonus was included if Phelps earns a record seven Olympic gold medals at the 2004 Olympic games in Athens, Greece, or the 2008 Olympics in Beijing, China, which he accomplished.
Michael Phelps has 23 olympic medals
its 2008 .. Michael Phelps got 8 medals
how many medals has Michael Phelps got from all of the olmypics
Michael Phelps has a of 6 bronze medals, 2 of which were from the Olympic games.
Michael Phelps has 19 gold medals
Michael Phelps has won 16 Olympic medals (14 gold and 2 bronze).
Michael Phelps has 17 gold medals so far.
he has about 52 gold medals
7 silver medals.
he has 14 gold medals