unilad homepage
unilad homepage
  • News
    • UK News
    • US News
    • World News
    • Crime
    • Health
    • Money
    • Sport
    • Travel
  • Music
  • Technology
  • Film and TV
    • News
    • DC Comics
    • Disney
    • Marvel
    • Netflix
  • Celebrity
  • Politics
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
This is how much US medal winners have made at the Olympics so far
Home>News>US News
Published 16:59 1 Aug 2024 GMT+1

This is how much US medal winners have made at the Olympics so far

While winning a medal doesn't come with a guaranteed cash prize, many countries do reward athletes with substantial cash for medals

Kit Roberts

Kit Roberts

google discoverFollow us on Google Discover
Featured Image Credit: Jean Catuffe/Getty Images / Patrick Smith/Getty Images

Topics: News, Money, Olympics, US News

Kit Roberts
Kit Roberts

Kit joined UNILAD in 2023 as a community journalist. They have previously worked for StokeonTrentLive, the Daily Mirror, and the Daily Star.

Advert

Advert

Advert

Olympic athletes who come back with a medal may find that they also come back with a cash prize as well.

There is no guaranteed cash prize for athletes who win a medal at the Olympics, but many countries offer a reward to winning athletes and it varies from country to country.

Traditionally, the Olympics have technically only been open to amateur competitors making the prospect of payment an interesting one.

Advert

In recent years, however, the rules around this have changed so professional athletes can compete, but what about the prize money?

Well, it all depends where you come from as some countries. as you can probably imagine, pay more than others.

Like I said before, the Olympics themselves don't offer any reward for winners but some countries reward their athletes.

Obviously a gold medal means that you get a higher reward than a silver, and silver higher than bronze.

But how much can US athletes expect?

What can Olympic athletes expect to receive for each medal? (Phil Ashley / Getty)
What can Olympic athletes expect to receive for each medal? (Phil Ashley / Getty)

Well, if you're an athlete with the US team, then you can expect to be paid $15,000 for a bronze medal and $23,000 for a silver medal.

If you scoop the gold, that's $38,000.

Although most people would be glad of those sums, when you consider that these are international level athletes and there are former NBA players and golfers who are actual billionaires, suddenly it looks a lot like peanuts.

But that's not to say that there aren't countries which pay their athletes a lot more than the US though.

For example, the Republic of Kazakhstan pays more for the bronze than the US does for the gold, at $75,000 for bronze, $150,000 for silver, and $250,000 for gold.

Now that's more like it.

Ka Long Cheung of Hong Kong is in for a big payday after scooping the gold in the individual men's foil. (Al Bello/Getty Images)
Ka Long Cheung of Hong Kong is in for a big payday after scooping the gold in the individual men's foil. (Al Bello/Getty Images)

Indonesia and Israel take things higher still, with Israel going $135,000, $216,000, and then $271,000, - for bronze, silver and gold respectfully - while Indonesia sits at $60,000, $150,000, and $300,000.

Now we're getting into the big leagues, with the top two countries both offering much higher rewards to medallists.

In second place is Singapore, where a bronze medal will net you a tidy $186,000, a silver medal $373,000, and a gold $745,000.

Just pipping them to the post is Hong Kong, where a bronze is $192,000, a silver $384,000, and a gold medal will scoop you $768,000.

The US surprisingly sits in tenth place when it comes to how much they pay their athletes, but it's still a damn sight more than Australia - who sits dead last - with a not so grand total of $7,000 for bronze, $10,000 for silver and $13,000 for gold.

It's almost as though a lot of Olympians aren't actually in it for the money - who would have thought.

Choose your content:

21 mins ago
2 hours ago
4 hours ago
7 hours ago
  • NASA Science
    21 mins ago

    Five worst-case scenarios as Super El Niño could hit US in weeks

    AccuWeather meteorologist Chad Merrill revealed which parts of the US could be impacted by the Super El Niño

    News
  • Saeed KHAN / AFP via Getty Images
    2 hours ago

    Bondi Beach terror attack hero Ahmed Al Ahmed speaks out after assault charges

    He was gifted A$2.5 million in public donations following the December attack

    News
  • Kevin Dietsch/Getty Images
    4 hours ago

    Trump announces new Freedom 250 rally lineup after 'no talent' singers dropped

    'We don’t want singers with no talent', the president claimed

    News
  • Axelle/Bauer-Griffin/FilmMagic
    7 hours ago

    Ivanka Trump and Jared Kushner slammed over plans to ‘transform’ tiny Albanian island with ‘massive’ resort

    Ivanka described the project as helping the island to ‘realize its potential’ but locals are not convinced

    News
  • How much USA athletes make for winning a medal as 2026 Winter Olympics kick off in Italy
  • All the changes Trump has made to the White House so far as president accused of desecrating the historic building
  • How much the UFC cage at the White House costs as arena slammed as 'grotesque'
  • Team USA make history at the 2026 Winter Olympics as Ben Ogden wins medal for first time in 50 years