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-   -   How much money does olympics winners get? (https://gfy.com/showthread.php?t=848542)

Snap3 08-17-2008 10:30 AM

How much money does olympics winners get?
 
How much money does olympics winners get?

fatfoo 08-17-2008 10:41 AM

i don't know....

Snap3 08-17-2008 10:42 AM

me neitherthats why im asking =D

seeandsee 08-17-2008 10:42 AM

probably nothing than medal from Olympic games ?

Snap3 08-17-2008 10:44 AM

Quote:

Originally Posted by seeandsee (Post 14620896)
probably nothing than medal from Olympic games ?

Can you sell that?

spunkmister 08-17-2008 10:46 AM

I believe it depends on each individual country, different countries have different dollar amounts awarded to medal winners.

spunkmister 08-17-2008 10:47 AM

Quote:

Originally Posted by fatfoo (Post 14620890)
i don't know....

damn thanks for posting, cause we would have all thought that you knew the answer if you hadnt posted this...phew disaster avoided...

Evil E 08-17-2008 10:48 AM

Phelps is richer than you are. I think they mostly make their money with the sponsors and some countries offer money incentive for medals.

bobby666 08-17-2008 10:48 AM

some seconds on television

Jarmusch 08-17-2008 11:02 AM

Depends on what they get for the medal at the pawn shop.

fallenmuffin 08-17-2008 11:07 AM

Most Olympians earn nothing for Olympic competition. Many countries’ Olympic teams, including the United States’, provide travel expenses to Olympic competitors, but even these funds don’t come directly from the government, rather a pool of private and corporate donors.

The only direct income a few Olympians receive for their competition is from corporate sponsorships. For an A-list Olympian like Michael Phelps, that means plenty of dough to support himself while he trains and competes from companies like Speedo. And, in addition to regular sponsorships, the swimwear outfit has promised to pay Phelps $1 million if he breaks the 1972 record for seven gold medals in a single Olympics. With five golds under Phelps’ belt already, it looks like he just may do it.

All U.S. athletes can also earn a “medal bonus” from the U.S. Olympic committee for each medal won. The U.S. pays American medal winners $25,000 for gold, $15,000 for silver, and $10,000 for bronze medals. Some countries, though not all, pay athletes similar medal bonuses. The highest I found is Russia. This year Russia raised Olympic medal awards to $100,000 for gold, $60,000 for silver, and $40,000 for bronze.

While these bonuses are a nice way to reward athletes financially for a big, big accomplishment, many will never enjoy the steady income that comes with a corporate sponsorship, making what they endure to compete all the more impressive.

Source: http://www.moneyunder30.com/how-much...lps-not-enough

notoldschool 08-17-2008 11:10 AM

Phelps made over 5 million a year before the 2008 games, but most dont make six figures unless they get a gold.

LeRoy 08-17-2008 11:12 AM

I heard something about that chick from China. Who made a mill for winning the ping pong.

Don't quote me on that..just overheard the announcer..

pornask 08-17-2008 11:18 AM

it probably gets you laid :pimp

Zuzana Designs 08-17-2008 11:32 AM

Quote:

Originally Posted by pornask (Post 14621103)
it probably gets you laid :pimp

with the medal on :)

Snap3 08-17-2008 11:45 AM

okey thanks for everyones opinions :D

Violetta 08-17-2008 01:03 PM

phelps is gonna be rich...

bbm 08-17-2008 01:26 PM

USA gets most of all

Manowar 08-17-2008 01:35 PM

phelps got $1 mill from speedo just for matching Spitz's record

woj 08-17-2008 01:52 PM

Quote:

Originally Posted by fallenmuffin (Post 14621028)
Most Olympians earn nothing for Olympic competition. Many countries? Olympic teams, including the United States?, provide travel expenses to Olympic competitors, but even these funds don?t come directly from the government, rather a pool of private and corporate donors.

The only direct income a few Olympians receive for their competition is from corporate sponsorships. For an A-list Olympian like Michael Phelps, that means plenty of dough to support himself while he trains and competes from companies like Speedo. And, in addition to regular sponsorships, the swimwear outfit has promised to pay Phelps $1 million if he breaks the 1972 record for seven gold medals in a single Olympics. With five golds under Phelps? belt already, it looks like he just may do it.

All U.S. athletes can also earn a ?medal bonus? from the U.S. Olympic committee for each medal won. The U.S. pays American medal winners $25,000 for gold, $15,000 for silver, and $10,000 for bronze medals. Some countries, though not all, pay athletes similar medal bonuses. The highest I found is Russia. This year Russia raised Olympic medal awards to $100,000 for gold, $60,000 for silver, and $40,000 for bronze.

While these bonuses are a nice way to reward athletes financially for a big, big accomplishment, many will never enjoy the steady income that comes with a corporate sponsorship, making what they endure to compete all the more impressive.

Source: http://www.moneyunder30.com/how-much...lps-not-enough

:thumbsup

shermo 08-17-2008 01:54 PM

Quote:

Originally Posted by fallenmuffin (Post 14621028)
Most Olympians earn nothing for Olympic competition. Many countries? Olympic teams, including the United States?, provide travel expenses to Olympic competitors, but even these funds don?t come directly from the government, rather a pool of private and corporate donors.

The only direct income a few Olympians receive for their competition is from corporate sponsorships. For an A-list Olympian like Michael Phelps, that means plenty of dough to support himself while he trains and competes from companies like Speedo. And, in addition to regular sponsorships, the swimwear outfit has promised to pay Phelps $1 million if he breaks the 1972 record for seven gold medals in a single Olympics. With five golds under Phelps? belt already, it looks like he just may do it.

All U.S. athletes can also earn a ?medal bonus? from the U.S. Olympic committee for each medal won. The U.S. pays American medal winners $25,000 for gold, $15,000 for silver, and $10,000 for bronze medals. Some countries, though not all, pay athletes similar medal bonuses. The highest I found is Russia. This year Russia raised Olympic medal awards to $100,000 for gold, $60,000 for silver, and $40,000 for bronze.

While these bonuses are a nice way to reward athletes financially for a big, big accomplishment, many will never enjoy the steady income that comes with a corporate sponsorship, making what they endure to compete all the more impressive.

Source: http://www.moneyunder30.com/how-much...lps-not-enough

We have a winner! :thumbsup

Blazed 08-17-2008 02:35 PM

Quote:

Originally Posted by bbm (Post 14621574)
USA gets most of all

If you read fallenmuffins post above you would of seen thats not true..

Manowar 08-17-2008 02:36 PM

Quote:

Originally Posted by bbm (Post 14621574)
USA gets most of all

read the thread plz

VicD 08-17-2008 03:01 PM

A medal opens doors to almost anything, that's how they get paid

NinjaSteve 08-17-2008 06:58 PM

Also, the more bad ass you are, the more contracts you'll be able get. Drinks, food, clothing, etc.

96ukssob 08-17-2008 07:03 PM

Quote:

Originally Posted by fallenmuffin (Post 14621028)
Most Olympians earn nothing for Olympic competition. Many countries? Olympic teams, including the United States?, provide travel expenses to Olympic competitors, but even these funds don?t come directly from the government, rather a pool of private and corporate donors.

The only direct income a few Olympians receive for their competition is from corporate sponsorships. For an A-list Olympian like Michael Phelps, that means plenty of dough to support himself while he trains and competes from companies like Speedo. And, in addition to regular sponsorships, the swimwear outfit has promised to pay Phelps $1 million if he breaks the 1972 record for seven gold medals in a single Olympics. With five golds under Phelps? belt already, it looks like he just may do it.

All U.S. athletes can also earn a ?medal bonus? from the U.S. Olympic committee for each medal won. The U.S. pays American medal winners $25,000 for gold, $15,000 for silver, and $10,000 for bronze medals. Some countries, though not all, pay athletes similar medal bonuses. The highest I found is Russia. This year Russia raised Olympic medal awards to $100,000 for gold, $60,000 for silver, and $40,000 for bronze.

While these bonuses are a nice way to reward athletes financially for a big, big accomplishment, many will never enjoy the steady income that comes with a corporate sponsorship, making what they endure to compete all the more impressive.

Source: http://www.moneyunder30.com/how-much...lps-not-enough

I thought the Olympic committee paid you something plus the medals.

plsureking 08-17-2008 07:10 PM

yea as said money comes in sponsorships

Thailand has only one medal so far.
a gold in womens weightlifting.

the girl got 16 million baht for winning
from her sponsor (around half a mil US)

Spunky 08-17-2008 07:12 PM

They make their money in endorsements afterwards

bloggingseo 08-17-2008 09:33 PM

Yeah , you're right about the chinese diver. They did a bio/background on her and they said she was a huge star there I guess like Phelps is here. She was doing TV commercials, modeling, endorsements etc and was earning like 3 million per year.

Kard63 08-17-2008 09:43 PM

Quote:

Originally Posted by fallenmuffin (Post 14621028)
Most Olympians earn nothing for Olympic competition. Many countries? Olympic teams, including the United States?, provide travel expenses to Olympic competitors, but even these funds don?t come directly from the government, rather a pool of private and corporate donors.

The only direct income a few Olympians receive for their competition is from corporate sponsorships. For an A-list Olympian like Michael Phelps, that means plenty of dough to support himself while he trains and competes from companies like Speedo. And, in addition to regular sponsorships, the swimwear outfit has promised to pay Phelps $1 million if he breaks the 1972 record for seven gold medals in a single Olympics. With five golds under Phelps? belt already, it looks like he just may do it.

All U.S. athletes can also earn a ?medal bonus? from the U.S. Olympic committee for each medal won. The U.S. pays American medal winners $25,000 for gold, $15,000 for silver, and $10,000 for bronze medals. Some countries, though not all, pay athletes similar medal bonuses. The highest I found is Russia. This year Russia raised Olympic medal awards to $100,000 for gold, $60,000 for silver, and $40,000 for bronze.

While these bonuses are a nice way to reward athletes financially for a big, big accomplishment, many will never enjoy the steady income that comes with a corporate sponsorship, making what they endure to compete all the more impressive.

Source: http://www.moneyunder30.com/how-much...lps-not-enough


This guy should get paid to answer questions on gfy. I never get a fuckin answer like this in my threads.

Evil E 08-17-2008 09:47 PM

I think at salt lake city, the ski gold winner(from the US) made 1 million from mcdonalds after winning. I've heard some countries paying up to 1 million for 1 gold medal(I don't remember which one(s)).

In Canada most of the athletes don't make shit... but they get some deals to work part time at rona or some other kind of sponsorship that pays them so they can do sports full time. I think a lot of the athletes also study(university) at the same time. I guess it gets a little bit better when you win medals.

WZRogeR 08-17-2008 10:37 PM

Russian get 100 000$ for every gold medal :)

NickB. 08-17-2008 10:56 PM

the us monster with 8 gold medals gets 1 mil+ it was on the news yesterday

Bird 08-17-2008 11:34 PM

They get a job at home depot

Corleone 08-17-2008 11:49 PM

the american dude got 1 mill from nike I heard.. but I guess the other ppl barely make anything


most have day jobs from what i heard

Iron Fist 08-17-2008 11:51 PM

That guy who won the 100m will probably live in luxury for the rest of his life and get a national holiday named after him :)

Snap3 08-18-2008 01:56 AM

i coudl do that :P

Evil E 08-18-2008 01:28 PM

Apparently Liu Xiang is worth 23 millions.

http://www.timesonline.co.uk/tol/spo...cle4556571.ece

theharvman 08-18-2008 02:50 PM

alot!!!!

borked 08-18-2008 03:50 PM

Money is from sponsorship I guess as the athletes competing aren't allowed to be pro athletes. I just saw some costs to team GB that kinda go against the 'pay for medals theory' - swimming, cycling, rowing, athletics each cost the GB olympic committee (through the lottery mainly) 20-22 million each event....

swimming won 2 gold, 1 bronze
cycling won 6 gold, 3 silver, 2 bronze
rowing won 2 gold, 1 silver, 2 bronze
athletics so far no medals

So, whatever the other countries are doing, we know the British OC arent paying for medals...


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