From china.org: The Kenyan government said on Monday that it would give cash rewards for the gold medalists in the forthcoming Beijing Olympic Games next month. President Mwai Kibaki said gold medalists will earn 750,000 shillings (about 11,000 U.S. dollars) while silver and bronze medalists will get 500,000 shillings (7,500 dollars) and 250,000 shillings (3,700 [...]
Posts Tagged ‘Money Stuff’
How Much Money Do Olympians Make?
How much money do Olympians make? It depends on a lot of variables: whether they come from rich countries or poor ones, whether they won medals during the Games, whether they compete in the popular sports events, and many other factors. Anyways, I’ve been blogging about this question for sometime now and I think it’s [...]
The Money Report: Slovenia’s Olympic Incentives
If you are from Slovenia who wins an Olympic gold medal in Beijing, how much financial incentive will you receive from grateful authorities back home? Here’s the figure released by the Slovenian Olympic Committee: Gold medalist: 39,350 euros (62,920 U.S. dollars)Silver medalist: 30,400 euros (48,609 dollars)Bronze medalist: 21,450 euros (34,298 dollars). Gold medalists in team [...]
The Money Report: Argentina’s Olympic Incentives
Argentina is giving sports diplomas and scholarships to its athletes who qualified for the Olympics. Argentinas Travel: 130 of the amateur athletes headed to this year’s Olympics were honored by the Argentine government on Tuesday in Buenos Aires. According to the China View, the athletes received sportsmen diplomas and scholarships of 4,000 pesos. Sports Minister [...]
The Money Report: Thai Olympic Medal Incentives
According to our list, Thailand — so far — is giving the highest financial incentive to its Olympic medalists. Here’s how it looks: Gold medalists will earn $314,000, silver medal winners will take home $187,788 while a bronze is worth $125,213. Unlike other countries, Thailand will be giving its athletes’ incentives via installment — 50% [...]
