How Much Athletes Get Paid For Winning Olympic Medals

Just making it to the Olympics as an athlete is incredibly impressive, and winning a medal, even more so. But beating out all other competitors to win a gold medal can be life-changing and pretty lucrative, depending on what country the athlete is from. A new survey of medal payouts for Olympic athletes reveals what they’ll get from their countries for bringing home the gold.

  • “USA Today” Sports reached out to the national Olympic committees of 40 countries about their medal payouts and 25 responded.
  • The average of those 25 will pay the equivalent of $95-thousand for gold, $55-thousand for silver and $39-thousand for bronze.
  • The country included in the survey that pays the most is Serbia, where those who win gold at the Paris Olympics will get $214,900.
  • Athletes winning gold from Malaysia and Morocco will also receive more than $200-thousand from their country’s government or national Olympic committee.
  • At least six other countries have payouts of more than $100-thousand and some throw in other perks for gold medal-winning athletes, like vacations and apartments, or extra money for breaking an Olympic record.
  • Team USA athletes get quite a bit less. Their payouts, offered through what the United States Olympic & Paralympic Committee calls “Operation Gold,” are $37,500 for every gold medal at the Paris Games, $22,500 for each silver medal and $15-thousand for every bronze.

Countries with the highest payouts for gold medals at the 2024 Summer Olympics, according to the survey:

  1. Serbia - $214,900
  2. Malaysia - $212,180
  3. Morocco - $200,525
  4. Italy - $193,410
  5. Lithuania - $180,188
  6. Hungary - $155,000
  7. Ukraine - $125,000
  8. Kosovo - $107,450
  9. Spain - $101,003
  10. Greece - $96,705

Source: USA Today


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