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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.
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!
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.
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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.
They don't actually get paid but after the Olympics they get endorsements from companies kinda like sponsorships
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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.
How much money is a Olympic ticket?
08789
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.
