Is it true that the US gold medalist get paid 25,000 every year ?

Question

Is it true that the US gold medalist get paid 25,000 every year ?

Answer 1

i don't know the exact amount, but u.s. athletes do get paid for bringing home medals.  several other countries do that that.  china possibly. i know canada started this year

one country's (i forget the name) president for life offered mansions and riches and all that such to anyone who brought home a gold.  (they have little to no chance)

Answer 2

No but the top Gold Medalists would earn millions in endorsements.

Answer 3

They do not get paid each year.  If you win a medal, US athletes do get a one-time cash bonus.  The Olympics do not give money but many countries give their athletes cash for winning. Countries that do this include Greece, US, Canada, Japan, Germany, Malaysia, Dominican Republic, and Russia.

Belarusian athletes will be given $100,000, $50,000, and 30,000 each in their home country for gold, silver and bronze medals respectively. Belarusian athletes who win gold medals at the Beijing Olympics will be provided with meat and sausage for the rest of their lives, a meat company announced.

In the US, a gold medal will get you $25K, silver is worth $15K and bronze will get you $10K

Answer 4

i suppose its MOREE than that w/ all those trainings??  

Answer 5

There's no pay from the IOC (International Olympic Committee) when they win a medal.. But many many countries Olympic committees pay their athletes for winning medals. Among them, The U.S., Russia, Canada, China & Italy and many more countries.

$20K-$50K per gold medal is typical in bigger countries.. Silver & bronze obviously get less. The smaller countries actually tend to pay more, $50K-$100K, since a single gold is more important to their country. Some athletes receive cars, houses and promise of jobs when they retire.

Higher profile athletes will also get bonuses from their sponsors.

Starting with the 1988 Olympics in South Korea, Olympic athletes were no longer barred from taking payments and bonuses. It was a rule that was not followed anyway, so they just scrapped it. 1984 was the last "amateur" Olympics.