How do olympians make a living?

Question

Just wondering how olympians (over 18) make a living? I assume they have to train most of the time so how do they have money to live?

Answer 1

prolly endorsements!!!

Answer 2

they get paid to win if they get a gold medal they get paid the most

Answer 3

sponserships?

Answer 4

Well actually the colleges or universitys they go to will pay them because they are so good at sports and sports brings in money alot of money so often they get paid big time.Also, if Americans (which is the case with many other teams) get a medal gold bronze or silver they get about 23,000 dollars for a gold i think.Im not exactly sure if thats for americans but for a another country it is in America its probablly bigger.Also michael phelps is a great example.He has his name as a logo now for commercials and stuff his name is sold thats how famous he is...and these big time commmercials and stuff really do bring in big bucks

Answer 5

They are given part-time jobs with full-time salaries by companies that sponsor the athletes. Home Depot is a big one.

Answer 6

The US team gets about $25,000 for a metal.

Answer 7

Not sure about other country, most U.S. olympian are very educated, attend top college, this are not typical kid in the U.S. most are from upper middle or weathly family who able to pay their kid to do this soft of training  unlike nation like china, is the goverment that treat them not private sector, but many olympian will get ads endorsement if they did well.

Answer 8

They work part time (usually for their sponsors.)

They get: 25,000-gold, 15,000-silver, 10,000-bronze

They also get a lot of endorsement deals from their sponsers and from doing commercials.