Gymnasts in the United States receive income from sponsors which pays their living and training expenses and allows them to train for international and Olympic events. In the former Soviet Union gymnasts were paid according to their accomplishments. Olympic and World Championships medals were worth a great deal of money for the gymnast as well as their family. This provided a level of motivation to excel that became difficult to beat when combined with their scientific and state sponsored training system and facilities. Gymnasts, like Mary Lou Retton, who become well known celebrities can earn millions through endorsement deals and on the lecture circuit and other opportunities such as movies and televisions shows.
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Gymnasts do not typically receive a salary for their sport. Elite gymnasts may earn money through sponsorships, endorsements, competitions, and coaching. The amount varies depending on the athlete's success and marketability.
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