How much money will the US olympic medal winners receive?

Answer 1

USA - $25,000

The USOC gives $25,000 for gold, $15,000 for silver and $10,000 for bronze. That's not really alot of money compared to Singapore.

You'd wish you are a Singaporian or Philippino to get the most out of your Olympic gold medal. The following is a list of bonus offered by different countries, feel free to rectify or add to the list:

Singapore - $708,800 (SGD 1 million)

Philippines - $340,909

Philippine President Gloria Macapagal-Arroyo on Friday raised the Olympic incentive to 15 million pesos (340,909 U.S. dollars) for any Filipino athlete who gets a gold medal in Beijing.

Malaysia - $307,000

Malaysia, which has never won an Olympic gold medal, is offering a bonus of one million ringgit (307,000 dollars) to any athlete who can bring home the top prize from this year's Beijing Games.

Thailand - $300,000

Thai gold medallist at the Beijing Olympics will be rewarded of 10 million baht (about 300,000 U.S. dollars), runner-up will get a six million baht bonus and bronze medallist four million baht.

UAE - $272,000

ALSO, KAZAKHSTAN GIVES 250,000$ to Olympic winners.

Also silver medal winners would be paid just over $200,000 while those winning bronze would get $136,000.

Russia - $100,000

Russian gold medallists at the upcoming Beijing Olympics are to get a bonus of 100,000 dollars (63,700 euros), Russian Olympic supremo Leonid Tiagachov said.

Japan - $100,000

Bulgaria - $76,620 (100,000 leva)

Every Bulgarian athlete who wins a gold medal at the Beijing 2008 Olympic Games will receive a 100 000 leva bonus from the Bulgarian state.

Israel - $67,500 (NIS 240,000)

The IOC also announced on Monday that any sportsman who will set a new personal best at Beijing will receive a bonus of NIS 10,000. A winner of a gold medal will be awarded NIS 240,000.

China - $51,000 (350,000 yuan)

Central sports officials in China have not said how high the bonuses they give will be, but the Chinese-language Sports Weekly reported they are likely to hand gold medal winners 350,000 yuan ($51,000) each, plus big payments shared out from sponsors.

Dominican Republic - $30,000

Winners could also get a car. It is the first time the Dominican government has made such an offer.

USA - $25,000

The USOC gives $25,000 for gold, $15,000 for silver and $10,000 for bronze

Australia - $20,000

AUSTRALIAN Olympians are expected to get a $20,000 government bonus for gold medals at Beijing - less than winners from the USA, Japan, Germany, Israel, Thailand, Malaysia, Greece and Russia.

Answer 2

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.

Answer 3

The athletes of the United States Olympic team do not earn any money regardless of how many medals they earned. After they earned the metals it is possible for them to receive endorsements for different types of products, because of their notoriety.

Answer 4

25,000 for gold

15,000 for Silver

10,000 for Bronze

As reported by the USOC

Answer 5

Gold: $25,000/// silver: $15,000/// bronze: $10,000///

Answer 6

the olimpian person gets $1

Answer 7

$100000