The Money Report: United States

How much incentive money does the United States award to its Olympic medal winners? According to CNNmoney.com, the United States Olympic Committee gave out the following amounts in 2004:

$25,000 to gold medal winners, $15,000 to those who take home a silver and $10,000 for a bronze

I guess it’s safe to assume that U.S. medalists in the Beijing Olympics will receive a higher monetary incentive.

Update: A listing of financial incentives to Olympic athletes from different countries is published at How Much Money Do Olympians Make.

Related:
Money Report: How Much Money Do They Make?



6 Comments

  1. Anonymous says:

    Now is that $25,000 a month for gold medalist? Cause Thai gold medalist makes $314,000.

  2. bill bilig says:

    Hi Anonymous,
    Nope it’s a one-time incentive and not monthly. I think countries with a lesser chance of winning medals offer higher incentives to their medalists. I made a list here at How Much Money Do Olympians Make. Note that Thailand is offering the highest money so far.

    Thanks for dropping by.

  3. Anonymous says:

    Now, is this $25k per Gold Medal? Michael Phelps got 8 and @ @25k a piece, thats $200k?

  4. [...] they receive more “reward” money than their American counterparts who get US$25,000 for a gold medal. But they don’t do as well as Thai gold medalists who are given [...]

  5. Anonymous says:

    Would this go for throwers as well such as shot putters, and hammer throwers?

  6. Anonymous says:

    does this count for field events as well such as shot put and such?

Leave a Reply

*

Web Analytics