The US$220,000 that the Philippines is offering to an Olympic gold medalist is the second highest incentive I’ve come across so far. Thailand is offering the richest incentive at US$ 314,000 for an Olympic gold. More at How Much Money Do Olympians Make.
Philippines offer US$220,000 for gold medal
The Philippine government and the private sector are offering 9.5mil pesos (US$220,000) to any athlete who brings home the country’s first-ever Olympic gold medal, an official said yesterday.