What is the fee for winning an olympic medal?

Question

let´s say,michael phelps won 8 medals.what is the fee for winning an olympic medal in U.S.A.?in my country it makes about 600 000 slovak crowns....

Answer 1

Other than the medal they win, athletes are not paid anything directly, if they receive any money at all, it is payed as a "reward" by their own country or the sporting body of that country.

Answer 2

You have to PAY to win medals?!  I would just suck on purpose then!

Answer 3

you mean how much they get paid?

in the USA it's 25,000 for winning a gold medal. Michael Phelps got an extra 1,000,000 for beating spitz's record with 8 golds.

I don't think there's a "fee"

Answer 4

The country pays them