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Ummmm . . . . yes they do -- they have for all games through 2004. You can find a website showing each of these medals. I wanted to know about the 2008 games. Um, no I actuallly think they don't but I think they should though don't you?

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16y ago
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12y ago

Yes, the US Olympic Committee gives cash awards of $25,000, $15,000, and $10,000 to winners of gold, silver, and bronze medals, respectively.

Athletes, as of now, still have to pay taxes on their winnings.

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12y ago

They also win fame and world wide recognition

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Q: Do US athletes receive monetary rewards for winning Olympic medals?
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Related questions

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.


Did The ancient Olympic Games prohibited monetary rewards for the victors?

No


Distinguish between monetary rewards and non monetary rewards?

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How were the Olympic Games important to Greek Culture?

athletes were treated like demi-gods and given rewards for winning artisans made statues of some of the olympic winners the gods were naked, and so were the athletes


Meaning of non-monetary rewards?

Non monetary rewards means those rewards of good performance which are not monetary in nature. For example, a pat on the shoulder or encouragement by seniors at wok place. http://www.aidandtrade.com/


Is there a monetary award with a olympic gold medal?

The Olympics don't give money with the medal, but some country's governments and some private companies reward their athletes with cash for winning. According to http://www.news.com.au/couriermail/story/0,23739,24009223-5014105,00.html Some coutries that give public rewards: Autralia, US, Japan, Germany, Israel, Thailand, Malaysia, Greece and Russia. China (Hong Kong in particular) have private rewards.


How much does a athlete get paid for breaking a world record at the Olympics?

Athletes do not receive a monetary prize for breaking a world record at the Olympics. They may receive bonuses from their team, sponsorships, or endorsements, but these are typically not directly tied to breaking records. The focus at the Olympics is on achieving the best performance rather than financial rewards for records.


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Rewarded for excellent job through opportunities.


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They compete for money and/or medals ..i think.


Do european champions league winner receive monetary reward?

Yes, they do. Usually the champion received around 9 to 10,5 million Euro in recent seasons. But all participating clubs receive some kind of monetary rewards. That's why it's so important for clubs to reach the Champions League, even more for smaller clubs who get an important money prize.