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how much do olympic gold medalists get paid

Byadmin

Dec 27, 2021 ,

how much do olympic gold medalists get paid插图

Best answer


The U.S. Olympic and Paralympic Committee rewards athletes$37,500for every gold medal won, $22,500 for silver and $15,000 for bronze. Most of that prize money is not taxable unless athletes report gross income that exceeds $1 million.

People also ask


  • How much do Olympic athletes get paid for a gold medal?

  • Most winners are paid by their home country. Currently, American athletes get a modest amount of $37,500 for each gold medal they win. Gold medalists in Singapore get $744,000. That’s nearly 20 times more than American winners. Americans receive $22,500 for each silver medal and $15,000 for each bronze medal.

  • How much do Olympic table tennis medal winners get paid?

  • A gold medalist will be paid $744,000 (535,192), for silver it’s $372,000 (267,635), and for bronze, it’s $286,000 (205,762). Singapore’s Yu Mengyu celebrates after winning the table tennis women’s singles quarterfinal match against Japan’s Kasumi Ishikawa at the 2020 Summer Olympics.

  • How much does a gold medalist get paid in the Philippines?

  • Her gold medal marked a first by an athlete from the Philippines, making her an immediate national hero. It also made her wealthy because her country is among those that reward medalists. In addition to the $200,000 that the Philippine Sports Commission pays its country鈥檚 gold medalists, businesses put up another $400,000.

  • How much do professional boxers get paid at the Olympics?

  • A sport-wide change in 2016 welcomed professional boxers into the Olympics for the first time, but USA Boxing held out longer. The amateur boxers on the USA squad receive base stipends of $1,500 a month. They can also win world championship medal bonuses, like Olympic bonuses, which tier from $40,000 for a gold medal to $35]