The US Olympic committee pays $25,000.00 to gold medal winners.
They get a sack of masa
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.
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.
around $300 an hour
That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal.
Great Britain does not give any bonus or award for winning a medal.
I don't believe being paid is allowed
It differs from country to country, but a Gold Medal in the USA gets a $25,000 payment, and the average tax on that is about $9,000.
Payment for winning Olympic medals varies by country. Some do not pay any money at all. The United States Olympic Committee pays its medal winners $25,000 to gold medal winners, $15,000 to those who take home a silver and $10,000 for a bronze. Some of the richer U.S. sport federations give additional prize money to their winners as well. There are many appearances and endorsement deals that generally follow a gold medal winner. See related links for more information.
This depends on the country and what its polcies are and als those companies who sponsor the Athletes.
That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal. The United Kingdom pays nothing.
This depends on what, if any, bonus the athlete's national Olympic committee pays out. For the USA, the USOC pays athletes $25,000 per gold medal, $15,000 per silver and $10,000 per bronze.
An Olympic Gold medal is worth 25,000 U.S. Dollars
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.
They receive no money from the Olympics. However a win will certainly lead to some sort of endorsement deal with advertisers. The only consideration they receive is the medal. If you consider the value of the gold medal as "payment", it is worth something, but not much. The gold medal is not solid gold. The value of a gold medal, made according to Olympic Charter specifications, which contains 6 grams of gold with the rest being silver is about 500 to 600 US dollars depending on the market prices of gold and silver.
The 2014 Olympic silver medal is slightly heavier compared to the gold medal. It has 525 grams of silver with a 960 hallmark.