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Re: BOREALIS post# 487019

Tuesday, 07/30/2024 5:49:07 AM

Tuesday, July 30, 2024 5:49:07 AM

Post# of 579121
I heard the gold is 95% silver, wrapped in 4% gold, with a touch of Eiffel Tower iron. Your list is interesting,
i wonder what the rough average hourly rate (hours of training put in) might be for the U.S. reward.

" American athletes will receive $37,500 for every gold medal, $22,500 for each silver, and $15,000 for a bronze. "

LOL. talk about us, and others, understanding reality i don't think many would guess the U.S. sat at 18th.

Haven't done any percentage calculation on..

Contrary to their name, Olympic gold medals are not made entirely of gold.

This year at the Paris Olympics, the gold medals consist of 523 grams of silver, coated in 6 grams of gold. Silver medals, on the other hand, weigh 525 grams and are made of pure silver, while bronze medals weigh 455 grams and are made of copper, tin and zinc. That’s not the only surprise. This year’s Olympic medals will depart slightly from their historical tradition, with the Paris Olympic medals including an iron piece from the Eiffel Tower, on top of their usual composition.

The value of 2024 Paris Olympics medals
https://www.oxfordeconomics.com/resource/economists-notebook-how-much-is-a-paris-olympic-gold-medal-worth/

The 15 countries and territories offering six-figure payouts for gold medalists in individual sports

1. Hong Kong: $768,000 - Cash bonuses for top-eight finishes, substantial even for non-medalists.
2. Israel: $275,000 - Scaling bonuses based on medal type and team size, all tax-free.
3. Serbia: $218,000 - Includes a lifetime pension for medalists.
4. Malaysia: $214,000 - Lifetime pensions for all medalists.
5. Italy: $196,000 - Equal bonuses for team and individual sports medalists.
6. Lithuania: $182,000 - Benefits include post-career rent support.
7. Moldova: $171,000 - Even eighth place earns a bonus, with higher rewards for medals.
8. Latvia: $155,000 - Sliding scale rewards for top-six finishes, substantial team bonuses.
9. Hungary: $154,000 - Generous bronze medal bonuses.
10. Bulgaria: $139,000 - Team bonuses structured based on team size.
11. Ukraine: $125,000 - Limited gold medal, but varied team and individual successes.
12. Kosovo: $120,000 - Record-breaking performance can earn additional bonuses.
13. Estonia: $109,000 - Additional monthly payments for top-10 finishes.
14. Czech Republic: $103,000 - Strong history in women's tennis, variable payouts.
15. Spain: $102,000 - Differentiated bonuses for team and individual successes.

Source: Forbes ..
https://www.forbes.com/sites/justinbirnbaum/2024/07/26/these-countries-pay-olympians-six-figure-bonuses-for-winning-gold/

Your -- 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

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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