News Focus
News Focus
Followers 38
Posts 37269
Boards Moderated 13
Alias Born 10/20/2002

Re: fuagf post# 486920

Monday, 07/29/2024 12:37:09 PM

Monday, July 29, 2024 12:37:09 PM

Post# of 579087
How much money are U.S. athletes being paid per medal won in the 2024 Paris Olympics?

Story by Calum Roche • 2d • 3 min read

As the 2024 Paris Olympic Games get going in earnest – the first medal being won on Saturday morning – U.S. athletes are gearing up not only for the thrill of competition but also for the potential financial rewards from their hard-earned victories or place on the podium.

Thousands on offer for Olympic gold, silver and bronze
Through the United States Olympic & Paralympic Committee’s (USOPC) Operation Gold program, the payout structure for medalists remains unchanged from previous years.

For those wondering how much green accompanies the gold, silver, and bronze, here’s the breakdown.
American athletes will receive $37,500 for every gold medal, $22,500 for each silver, and $15,000 for a bronze.

While these sums are nothing to scoff at, it’s worth noting that the U.S. sits at 18th place in the global ranking for gold medal payouts. And while at first glance that may suggest that the U.S. prefers to be thrifty with its Olympic piggy bank, unlike some other countries, there may be a fairly logical rationale.

Which country pays the most for Olympic medals at Paris 2024?
Hong Kong takes the top spot in the league of medal financial payments, according to Forbes, offering a staggering $768,000 for each gold medal – enough to make even the most stoic weightlifters do a double-take. This hefty reward is part of a broader trend where several countries are offering substantial financial incentives to their athletes.

The 15 countries and territories offering six-figure payouts for gold medalists in individual sports
[...]
https://www.msn.com/en-us/sports/other/how-much-money-are-u-s-athletes-being-paid-per-medal-won-in-the-2024-paris-olympics/ar-BB1qJdPj?ocid=winp2fptaskbarhover&cvid=6a992469121047c5a8eba273412950ad&ei=24

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today