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How much does an gold medal olympic winner receive??

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How much does an Olympic Gold Medal Winner recieve when they win?

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  1. It is work $20,000 for gold $15,000 for silver and 10,000 for bronze


  2. They get a free flight home.

  3. I'm fairly sure that the medal itself does not come with any monetary compensation, but medal winners are then recognizable and popular figures who get grabbed up by advertisers for endorsements. Michael Phelps is making a fortune in endorsements right now.

  4. Nothing from the IOC.

    However, some countries award their medalists with a cash reward. I know Canada and the United States do. In Canada it is $20, 000 for a Gold, $15, 000 for a Silver and $10, 000 for a Bronze.
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