How much money does an olympic gold medalist make

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Please upgrade your browser to improve your experience. Collective pride is flowing through the country because Team GB is absolutely smashing it at Rio So surely our Olympic heroes can expect significant cash bonuses, particularly the likes of champion cyclist Jason Kenny who has won three golds in Rio himself? British gold winners go home with a priceless medal, the pride of a nation and enormous self-satisfaction — but no prize money.

Rio Olympics Medal Value & Cash Prizes Money

This is in stark contrast to other nations such as Germany, the US, France and Italy who all give their champions a financial reward. The data below, featuring figures from Statista, shows how much money gold winners from different countries will rake in.

He told Fox Sports: Of course, our British heroes could well receive lucrative sponsorship deals and endorsements following their success on the world stage.

How much money do Olympic athletes earn by competing?

Athletes from some countries have different motivation — such as South Korean men, who become exempt from mandatory military service if they manage to win a medal at the Games. This site uses cookies.

By continuing, your consent is assumed. Harley Tamplin for Metro.

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