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Fans are shocked after salaries of Olympic medalists is leaked

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Bobby Ohr
August 1, 2024  (1:54 PM)
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Photo credit: Team USA Hockey

News broke yesterday online regarding how much Olympic medalists for each country make and fans were shocked.

Since there are no cash prizes associated to the medals, it is the countries who decide how much each athlete receives for their medal.

"Olympic medals don't hold the same value for all athletes. Since no cash prize is associated with the medals, it's the countries that decide to reward�or not�their athletes. They also determine the size of the prize."

- Sarah-Florence Benjamin


Here are the cash rewards for athletes from various countries:
Canada:
Gold medal: $20,000 CAD
Silver medal: $15,000 CAD
Bronze medal: $10,000 CAD
France:
Gold medal: $119,837 CAD
Silver medal: $59,918 CAD
Bronze medal: $29,959 CAD
United States:
Gold medal: $51,667 CAD
Silver medal: $31,000 CAD
Bronze medal: $20,667 CAD
Hong Kong:
Gold medal: $1,060,858 CAD
Silver medal: $530,429 CAD
Bronze medal: $265,215 CAD
4th place: $132,607 CAD
5th place: $66,304 CAD
Singapore:
Gold medal: $1,028,195 CAD
Silver medal: $514,098 CAD
Bronze medal: $257,049 CAD
United Kingdom, Sweden, and Norway:
These countries offer no cash prize to their medallists.
Kazakhstan:
Gold medal: $13,110 CAD and a three-room apartment
Silver medal: $8,740 CAD and a two-room apartment
Bronze medal: $4,370 CAD and a one-room apartment
Morocco:
Rewards athletes down to the 25th position. Those finishing 25th receive $6,979 CAD, and those in 8th place get $30,000 CAD.
Italy:
Gold medal: $270,000 CAD
In the United States, a gold medal earns an athlete $37,500 USD, which is significantly lower than the $737,000 USD offered by Singapore and the $716,000 USD offered by Taiwan.


While some countries offer over a million dollars there are other countries that do not even offer a prize which shocked a lot of fans.

Source: Puck Reporter
Fans shocked after salaries of Olympic athletes leak publicly

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Fans are shocked after salaries of Olympic medalists is leaked

Should they be paid more for their medals?

Yes763.6 %
No436.4 %
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