That is the only official award presented, although various perks may accrue on the return of the athletes to their home countries. For exmple, the PGA Golf tour provides exemptions from qualifying for Grand Slam tournaments to winners of medals in golf.
Monetary benefits can possibly include commercial endorsements, with substantial compensation.
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You receive a gold plated medal, in which is used to wear as a symbol of pride of being the best, in which you wear around your neck-Ewan McKinnon
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He won Gold at the 1972 Munich Olympic games.
No. Princess Anne competed at the 1976 Summer Olympics in Montreal but did not win a medal. She did win a gold medal at the European Championships in 1971,
Canada
Lyn Davis